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For Sale 1 Bedroom 1 Bathroom 1 Reception From £79,950

John Street, Sunderland, SR1 - From £79,950

  • Investment Opportunity
  • 7.2% Net Rental Returns
  • Completion Q4 2016
  • Buy-to-Let Apartments

BUY-TO-LET| INVESTMENT OPPORTUNITY

John Street is an exceptional opportunity to invest in an excellent below market value development at the heart of the growing maritime city of Sunderland.

PAYMENT PLAN

* £1,000 reservation deposit
* 100% on exchange of contracts

John Street is located in the heart of Sunderland's city centre, providing an excellent central location for tenants in the city. With the Central Rail and Metro Stations just 0.10 and 0.12 miles from the development, John Street is ideally placed for commuters looking to travel to work in the surrounding areas, as well as enjoy excellent transport links to neighbouring Newcastle. John Street is also suitable for student tenants, standing less than 800 metres from the University of Sunderland city campus.

WHY INVEST IN SUNDERLAND

*Sunderland's rental yield was the 8th highest in the UK for the period of 2010-2016. Higher than the national average (study by Buy-To-Let Index & Zoopla 2016).
*Redevelopment projects comprise a new 1.8million public square which was completed in 2015.
*Sunderland is a thriving city with a lot of opportunities for its residents with 80 international companies, such as Nike and Nissan, having relocated to the city, catering to over 25,000 employees.
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The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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