Choices Investments are pleased to present seven, brand new one and two bedroom apartments with a three year guaranteed net yield of 10% located in Sunderland, Tyne & Wear.

The properties are in Sunderland city centre, 0.2 miles from Sunderland train station and surrounded by local amenities. Located just half a mile from the University of Sunderland, these properties have foreign students ready to move into the properties in September 2017.

The properties come with a 250 year lease from the 1st January 2016. Ground rent is charged at £200pa and a low service charge of £58pcm. The properties come with flooring throughout as well as electric hob and fridge freezer.

The rental demand in the area is very good with continued high yields following the end of the rental guarantee. There is a potential 16% Return on Investment (ROI) for those buying with a buy to let mortgage*.

Floor plans, site plans and a full specification available upon request.

We anticipate strong demand for these properties and investors are advised to register their interest as quickly as possible.

Plot Floor Sq ft Beds Choices Client Price Rental (pa) Gross Rental Yield
1 First 597 Two £94,950 £11,400 12.0%
2 First 721 Two £94,950 SOLD SOLD
3 First 549 One £79,950 £9,000 11.3%
4 First 613 Two £94,950 £11,400 12.0%
6 Second 597 Two £94,950 £11,400 12.0%
8 Second 549 One £79,950 £9,000 11.3%
10 Second 581 Two £94,950 SOLD SOLD
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The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. You are advised to check the availability of this property before travelling any distance to view. We have taken every precaution to ensure that these details are accurate and not misleading. If there is any point which is of particular importance to you, please contact us and we will provide any information you require. This is advisable, particularly if you intend to travel some distance to view the property. The mention of any appliances and services within these details does not imply that they are in full and efficient working order.