Studio apartment

Rede House, Corporation Road, Middlesborough TS1 1LR

Size: 27 sqm

SSTC

£36,000

Size: 27 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent SSTC
Ground rent SSTC
Service charge SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT! Deluxe boutique student apartment in the heart of Middlesborough with fantastic NET yields.


A deluxe 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 just around the corner, students can travel up to the bright lights of Newcastle in just over an hour.

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!

The Middlesbrough student market is ripe for investment as it continues to be structurally undersupplied, with Teesside University providing just 1,124 beds for its populace of over 20,000 students, leaving many searching for accommodation within the city’s private student housing market making Rede House the perfect investment!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today for more information

Key features

Key features

Already tenanted for instant income

Key features

Onsite Gymnasium

Key features

Great transport links

Key features

Close to university

Key features

Popular student development

Key features

Fully managed

Key features

Excellent location

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT! Deluxe boutique student apartment in the heart of Middlesborough with fantastic NET yields. More info...

A deluxe 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 just around the corner, students can travel up to the bright lights of Newcastle in just over an hour.

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!

The Middlesbrough student market is ripe for investment as it continues to be structurally undersupplied, with Teesside University providing just 1,124 beds for its populace of over 20,000 students, leaving many searching for accommodation within the city’s private student housing market making Rede House the perfect investment!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Already tenanted for instant income
    Tick Desktop Onsite Gymnasium
    Tick Desktop Great transport links
    Tick Desktop Close to university
    Tick Desktop Popular student development
    Tick Desktop Fully managed
    Tick Desktop Excellent location
  • 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 SSTC
Ground rent SSTC
Service charge SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

*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.