Studio apartment

Rede House, Corporation Rd, Middlesbrough, TS1 1LY

Size: 27.6 sqm

Purchase price

£39,000

Size: 27.6 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,500
Ground rent £250
Service charge £1,481
Lettings fees £726
Net income £3,044
Gross yield 14.1%
Net yield 7.80%

EARN OVER 13.75% GROSS YIELD ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Fantastic student investment opportunity located in the popular student city of Middlesbrough


A premium studio apartment located in the heart of Middlesbrough city centre. 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.

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 for more information

Key features

Key features

Over 13.75% GROSS YIELD !

Key features

Tenanted for current academic year

Key features

Premium studio

Key features

Fantastic location

Key features

Great transport links

Key features

Fitted kitchen

Key features

Cinema room

Key features

University nearby

Key features

Residents gymnasium

Key features

Fully furnished

EARN OVER 13.75% GROSS YIELD ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Fantastic student investment opportunity located in the popular student city of Middlesbrough More info...

A premium studio apartment located in the heart of Middlesbrough city centre. 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.

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 Over 13.75% GROSS YIELD !
    Tick Desktop Tenanted for current academic year
    Tick Desktop Premium studio
    Tick Desktop Fantastic location
    Tick Desktop Great transport links
    Tick Desktop Fitted kitchen
    Tick Desktop Cinema room
    Tick Desktop University nearby
    Tick Desktop Residents gymnasium
    Tick Desktop Fully furnished
  • 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 £5,500
Ground rent £250
Service charge £1,481
Lettings fees £726
Net income £3,044
Gross yield 14.1%
Net yield 7.80%

*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.