Project Details

Project Name: Jameson House

Project Location: Sunderland

Country: UK

Owner & developer: Prospect

Completion Date: 3rd quarter 2017

Project Type: Residential

Project Contains: Studio apartments, Communal outdoor seating, Cycle storage,3 Levels, Office to residential conversion

Number of Flats: 61 Apartments


Very bright flats

Laundry facilities

Fully equipped kitchenette

Contemporary en-suite shower rooms

Inclusive furniture pack


Central location, Situated in the town centre of Sunderland. Jameson House is within 2 minutes’ walk from the train station and local shopping centres.

Project Views: Town Centre

Type of Investment: Leasehold 250 years


9% NET rental return (excluding ground rent)

3 year rental assurance Income paid Quarterly in arrears


Stamp Duty: Nil

Lawyer Fees: £750 +VAT Approx.

Service charge -  £686 per annum

Ground rent - £300 per annum

Average Price:

Standard Studio, 17 M2, GBP 39,000

Executive Studio, 19 M2, GBP 49,995

Superior Studio, 24 M2,

Payment Method: On exchange 50% and on completion 50%.

The Developer:

Priestley Construction specialises in conversions and has an excellent track record of delivering projects on time and to an exacting standard. Priestley Construction have a growing portfolio
of conversion schemes ranging from small, luxury developments such as Stableford Hall, Manchester and Boyds Mill, Leeds to large residential apartment schemes with projects in the pipeline which will deliver 400+ new homes over the next two years.

Other completed developments include Airedale House, The Grand Mill and Quebec Street in Bradford, Sartoria Court in Manchester and the Boat House in Liverpool. Priestley Construction will be principal contractor on the project. In house expertise and a hand on approach ensure rigorous attention to detail throughout the build process.


Sunderland is a city at the centre of the City of Sunderland Metropolitan Borough, in North east England. It is a coastal city at the mouth of the River Wear. Over the years Sunderland grew as a port, building ships and trading in coal and salt, to a commercial centre for the automotive industry, science and technology and the service sector. 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. Sunderland city council is investing money in the city centre to breathe new life into the city. Redevelopment projects comprise a new 1.8million public square which was completed in 2015.


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    Project Brochure




    Jameson House- Brochure-