MapStudio for sale
Rock Lodge - Sunderland
Virtual tour
Studio
1 bath
Key information
Tenure: Leasehold | 999 yrs left
Ground rent: £0 per annum | review period: unconfirmed
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal:
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Features and description
- Tenure: Leasehold (999 years remaining)
Video tours
Rock Lodge, Roker, Sunderland SR6 9NH
Welcome to Rock Lodge, a remarkable investment opportunity located just minutes away from Sunderland's stunning coastline and vibrant university campus. This development offers a rare chance to own a piece of Sunderland's history, now thoughtfully transformed into modern, spacious studio apartments. With its prime location and strong rental demand, Rock Lodge is perfectly poised to deliver impressive returns for investors seeking a secure and profitable asset in one of the UK's most up-and-coming areas.
A Coastal Gem in the Heart of Sunderland:
Discover Rock Lodge, a unique and characterful development perfectly positioned to capitalize on Sunderland's growing student market. Just a short walk from both the beach and the University of Sunderland, this former retirement home has been thoughtfully converted into 30 large, self-contained studio apartments. Offering investors a fixed 10% NET rental yield for the first two years, Rock Lodge is an attractive option for those seeking a secure and lucrative investment.
Property Highlights:
* Type: Large Self-contained Studio Apartments (including Kitchen and En-suite)
* Number of Units: 30 over 3 floors
* Prices Starting From: £59,999
* Furniture Pack: £1,200 (3-year warranty)
* Rental Yield: 10% NET assured for the first 2 years
* Weekly Rent Estimate: £155 to £185
* Lease: 999 Years
* Ground Rent: None
Development Features:
* Refurbishment completed in time for September intake
* 5 communal kitchens, large garden, laundry room, bike storage, and 24-hour CCTV
* Some units offer partial or full sea views
* Gas central heating throughout the building
* No parking on-site, but off-road parking available nearby
Location:
* Proximity to the Beach: 2-minute walk to Roker Beach
* Proximity to University: 15-minute walk to St Peter's Campus with bus service every 30 minutes
* University of Sunderland: Over 25,000 students and only 1,500 on-campus bed spaces, creating high demand for private student accommodation
Investment Potential: Sunderland University is set to receive £250 million in investment over the next decade, beginning with St Peter's Campus, which is expected to increase student numbers significantly. With this anticipated growth and the limited on-campus accommodation, Rock Lodge is ideally positioned to benefit from strong rental demand.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Welcome to Rock Lodge, a remarkable investment opportunity located just minutes away from Sunderland's stunning coastline and vibrant university campus. This development offers a rare chance to own a piece of Sunderland's history, now thoughtfully transformed into modern, spacious studio apartments. With its prime location and strong rental demand, Rock Lodge is perfectly poised to deliver impressive returns for investors seeking a secure and profitable asset in one of the UK's most up-and-coming areas.
A Coastal Gem in the Heart of Sunderland:
Discover Rock Lodge, a unique and characterful development perfectly positioned to capitalize on Sunderland's growing student market. Just a short walk from both the beach and the University of Sunderland, this former retirement home has been thoughtfully converted into 30 large, self-contained studio apartments. Offering investors a fixed 10% NET rental yield for the first two years, Rock Lodge is an attractive option for those seeking a secure and lucrative investment.
Property Highlights:
* Type: Large Self-contained Studio Apartments (including Kitchen and En-suite)
* Number of Units: 30 over 3 floors
* Prices Starting From: £59,999
* Furniture Pack: £1,200 (3-year warranty)
* Rental Yield: 10% NET assured for the first 2 years
* Weekly Rent Estimate: £155 to £185
* Lease: 999 Years
* Ground Rent: None
Development Features:
* Refurbishment completed in time for September intake
* 5 communal kitchens, large garden, laundry room, bike storage, and 24-hour CCTV
* Some units offer partial or full sea views
* Gas central heating throughout the building
* No parking on-site, but off-road parking available nearby
Location:
* Proximity to the Beach: 2-minute walk to Roker Beach
* Proximity to University: 15-minute walk to St Peter's Campus with bus service every 30 minutes
* University of Sunderland: Over 25,000 students and only 1,500 on-campus bed spaces, creating high demand for private student accommodation
Investment Potential: Sunderland University is set to receive £250 million in investment over the next decade, beginning with St Peter's Campus, which is expected to increase student numbers significantly. With this anticipated growth and the limited on-campus accommodation, Rock Lodge is ideally positioned to benefit from strong rental demand.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Property information from this agent
About this agent
Residential Estates is an independent property company that provides unrivalled expertise in UK residential and commercial investments, property management, and sales as well as lettings. Covering all aspects of the property industry, our estate agents and consultants are experts in investment properties, sales, and lettings, this ensures that you are in safe hands with experts available to assist you with your property. With more than 26 years in the industry, we are associated with the Property Ombudsman for your complete peace of mind.