Studio apartment

Rede House, 63-75 Corporation Street, Middlesbrough, TS1 1LY

Size: 23.8 sqm

SSTC

Size: 23.8 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,280
Ground rent £150
Service charge £1,587
Lettings fees £697
Net income £2,846
Gross yield 14.27%
Net yield 7.69%

Fantastic student investment opportunity located in the popular student city of Middlesbrough


Rede House is a premium student investment opportunity located just a short distance from Teesside University and all that the city has to offer. Teesside University is ideally located within 10 minutes of Rede House and Middlesbrough Train Station is just around the corner, giving students fast access to Newcastle in just over an hour.

This Premium Studio is extra spacious and includes an en-suite shower room, fitted kitchen, study area and a double bed. Students will also have access to the on-site amenities which include Wi-Fi, private residents’ gym, social area and cinema room.

The popularity of Rede House is illustrated in the fact that the development is fully let for this academic year and is taking reservations for next year!

Interested in this property? Enquire today to recieve further details upon this investment opportunity

Key features

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Double glazing

Key features

Study area

Key features

Lift access

Key features

Common room

Key features

Close to public transport

Key features

Shops and amenities nearby

Key features

Resident gymnasium

Key features

Gas central heating

Fantastic student investment opportunity located in the popular student city of Middlesbrough More info...

Rede House is a premium student investment opportunity located just a short distance from Teesside University and all that the city has to offer. Teesside University is ideally located within 10 minutes of Rede House and Middlesbrough Train Station is just around the corner, giving students fast access to Newcastle in just over an hour.

This Premium Studio is extra spacious and includes an en-suite shower room, fitted kitchen, study area and a double bed. Students will also have access to the on-site amenities which include Wi-Fi, private residents’ gym, social area and cinema room.

The popularity of Rede House is illustrated in the fact that the development is fully let for this academic year and is taking reservations for next year!

  • Key features
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Double glazing
    Tick Desktop Study area
    Tick Desktop Lift access
    Tick Desktop Common room
    Tick Desktop Close to public transport
    Tick Desktop Shops and amenities nearby
    Tick Desktop Resident gymnasium
    Tick Desktop Gas central heating
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,280
Ground rent £150
Service charge £1,587
Lettings fees £697
Net income £2,846
Gross yield 14.27%
Net yield 7.69%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.