Studio apartment

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

Size: 25.9 sqm

Purchase price

£38,000

Size: 25.9 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,980
Ground rent £250
Service charge £1,421
Lettings fees £398
Net income £2,911
Gross yield 13.11%
Net yield 7.66%

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 2018/19!


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!

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

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

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 2018/19! 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
    Tick Desktop Earn Instant Income On This Tenanted Opportunity
    Tick Desktop Premium Studio
    Tick Desktop Entertainment Room
    Tick Desktop Located in the Heart of Middlesbrough
    Tick Desktop Laundry Facilities
    Tick Desktop Fantastic On-Site Amenities
    Tick Desktop Popular Student Development
  • 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 £4,980
Ground rent £250
Service charge £1,421
Lettings fees £398
Net income £2,911
Gross yield 13.11%
Net yield 7.66%

*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.