Studio apartment for sale

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

Full description

Size: 23.8 sqm

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!

Less info

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

Financial Performance*

Purchase price £38,995
Gross rent £5,280
Ground rent £150
Service charge £1,587
Lettings fees £507
Net income £3,036
Gross yield 13.54%
Net yield 7.79%

*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.

Studio apartment for sale

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

Purchase price £38,995
Gross rent £5,280
Ground rent £150
Service charge £1,587
Lettings fees £507
Net income £3,036
Gross yield 13.54%
Net yield 7.79%

Full description

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

TicksFully furnished
TicksFitted kitchen
TicksDouble glazing
TicksStudy area
TicksLift access
TicksCommon room
TicksClose to public transport
TicksShops and amenities nearby
TicksResident gymnasium
TicksGas central heating

Amenities

Close To Public Transport Close To Public Transport
Double Glazing Double Glazing
En Suite En Suite
Fitted Kitchen Fitted Kitchen

*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.