Studio apartment for sale

Rede House, 66-67 Corporation Road, Middlesborough, TS1 1LY

Full description

Size: 25.9 sqm

TENANTED INVESTMENT OPPORTUNITY - a high yielding investment opportunity located in the heart of Middlesbrough. Rede House is a popular student development that boasts 100% occupancy for 2017/18! more info...

A premium studio apartment within the popular Rede House development, in Middlesbrough city centre.

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.

Teesside University is perfectly positioned under 10 minutes’ walk away, and with Middlesbrough Train Station is also nearby the corner, students can travel up to the bright lights of Newcastle in just over an hour.

This Premium Studio is 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!

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Key features

Key features Earn Instant Income On This Tenanted Opportunity
Key features Premium Studio
Key features Entertainment Room
Key features Located in the Heart of Middlesbrough
Key features Laundry Facilities
Key features Fantastic On-Site Amenities
Key features Popular Student Development

Financial Performance*

Purchase price £41,000
Gross rent £4,980
Ground rent £250
Service charge £1,421
Lettings fees £398
Net income £2,911
Gross yield 12.15%
Net yield 7.10%

*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, 66-67 Corporation Road, Middlesborough, TS1 1LY,

Purchase price £41,000
Gross rent £4,980
Ground rent £250
Service charge £1,421
Lettings fees £398
Net income £2,911
Gross yield 12.15%
Net yield 7.10%

Full description

TENANTED INVESTMENT OPPORTUNITY - a high yielding investment opportunity located in the heart of Middlesbrough. Rede House is a popular student development that boasts 100% occupancy for 2017/18! more info...

A premium studio apartment within the popular Rede House development, in Middlesbrough city centre.

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.

Teesside University is perfectly positioned under 10 minutes’ walk away, and with Middlesbrough Train Station is also nearby the corner, students can travel up to the bright lights of Newcastle in just over an hour.

This Premium Studio is 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

TicksEarn Instant Income On This Tenanted Opportunity
TicksPremium Studio
TicksEntertainment Room
TicksLocated in the Heart of Middlesbrough
TicksLaundry Facilities
TicksFantastic On-Site Amenities
TicksPopular Student Development

Amenities

Bicycle Storage Bicycle Storage
Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport

*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.