Studio apartment for sale

Rede House, Corporation Rd, Middlesbrough, TS1 1LY

Full description

Size: 27.1 sqm

A deluxe studio apartment within the popular Rede House development, in Middlesbrough city centre. more info...

Rede House is a high-quality and modern accommodation just a short walk from Teesside University and the city’s shops, restaurants, bars and central station. The great location, coupled with fantastic facilities and all bills included in the rent, make Rede House ideal for student life in Middlesbrough.

This Deluxe 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 Residence gymnasium
Key features Games room
Key features Located near city centre
Key features Cycle storage
Key features Near university
Key features Cinema room

Financial Performance*

Purchase price £41,500
Gross rent £3,520
Ground rent £250
Service charge £1,481
Lettings fees £440
Net income £1,350
Gross yield 8.48%
Net yield 3.25%

*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, Corporation Rd, Middlesbrough, TS1 1LY,

Purchase price £41,500
Gross rent £3,520
Ground rent £250
Service charge £1,481
Lettings fees £440
Net income £1,350
Gross yield 8.48%
Net yield 3.25%

Full description

A deluxe studio apartment within the popular Rede House development, in Middlesbrough city centre. more info...

Rede House is a high-quality and modern accommodation just a short walk from Teesside University and the city’s shops, restaurants, bars and central station. The great location, coupled with fantastic facilities and all bills included in the rent, make Rede House ideal for student life in Middlesbrough.

This Deluxe 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
TicksResidence gymnasium
TicksGames room
TicksLocated near city centre
TicksCycle storage
TicksNear university
TicksCinema room

Amenities

Bicycle Storage Bicycle Storage
City Centre City Centre
Fitted Kitchen Fitted Kitchen
Fully Furnished Fully Furnished

*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.