Guide price
£15,000
1 bed flat for saleFlat 3C Park Lane House, Sunderland, Tyne And Wear SR2
1 bed
Auction
About this property
For sale by online auction on Tuesday, 14 Apr 2026 ending at 14:16
Income producing student investment in central Sunderland – let at £135 per week.
A well-presented student investment opportunity located in the popular Park Lane House student development, positioned on Stockton Road in Sunderland city centre. The property is ideally located for access to the University of Sunderland City Campus, Park Lane Interchange and a wide range of local amenities including shops, cafes, transport links and leisure facilities.
Flat 3C forms part of a professionally managed student accommodation building operated by Cloud Student Homes, offering modern facilities and communal amenities designed for student living.
The accommodation briefly comprises a private furnished bedroom with study area and storage, along with access to a shared modern kitchen and lounge area equipped with integrated appliances. Residents also benefit from communal social areas, laundry facilities and secure building access.
The room is currently let under an Assured Shorthold Tenancy generating £135 per week, equating to £6,210 per annum, with the tenancy running from 6 September 2025 until 24 July 2026 (322 days). Rent is inclusive of gas, electricity, water and internet, providing a straightforward and attractive investment for landlords seeking a hands-off student asset.
Park Lane House is a popular choice for students due to its central location, proximity to the university and public transport links, ensuring consistent demand for accommodation within the building.
Key Features
•{tab}Student investment opportunity
•{tab}Let at £135 per week (£6,210 per annum)
•{tab}Tenancy until 24 July 2026
•{tab}Furnished bedroom with study space
•{tab}Access to shared kitchen and lounge
•{tab}Communal facilities including laundry and social spaces
•{tab}Professionally managed development
•{tab}Excellent city centre location
•{tab}Close to University of Sunderland and Park Lane transport interchange
Tenure
Leasehold (details to be confirmed in the legal pack).
Investment Summary
An attractive income-producing student investment
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Income producing student investment in central Sunderland – let at £135 per week.
A well-presented student investment opportunity located in the popular Park Lane House student development, positioned on Stockton Road in Sunderland city centre. The property is ideally located for access to the University of Sunderland City Campus, Park Lane Interchange and a wide range of local amenities including shops, cafes, transport links and leisure facilities.
Flat 3C forms part of a professionally managed student accommodation building operated by Cloud Student Homes, offering modern facilities and communal amenities designed for student living.
The accommodation briefly comprises a private furnished bedroom with study area and storage, along with access to a shared modern kitchen and lounge area equipped with integrated appliances. Residents also benefit from communal social areas, laundry facilities and secure building access.
The room is currently let under an Assured Shorthold Tenancy generating £135 per week, equating to £6,210 per annum, with the tenancy running from 6 September 2025 until 24 July 2026 (322 days). Rent is inclusive of gas, electricity, water and internet, providing a straightforward and attractive investment for landlords seeking a hands-off student asset.
Park Lane House is a popular choice for students due to its central location, proximity to the university and public transport links, ensuring consistent demand for accommodation within the building.
Key Features
•{tab}Student investment opportunity
•{tab}Let at £135 per week (£6,210 per annum)
•{tab}Tenancy until 24 July 2026
•{tab}Furnished bedroom with study space
•{tab}Access to shared kitchen and lounge
•{tab}Communal facilities including laundry and social spaces
•{tab}Professionally managed development
•{tab}Excellent city centre location
•{tab}Close to University of Sunderland and Park Lane transport interchange
Tenure
Leasehold (details to be confirmed in the legal pack).
Investment Summary
An attractive income-producing student investment
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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Monthly repayment
£75 per month
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