Studio apartment

Rede House, Corporation Rd, TS1 1LY

Size: 21.3 sqm

SSTC

Size: 21.3 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

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

A premium studio apartment within the popular Rede House development located 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 also just a short walk away, 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.

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY! Fully furnished buy-to-let student studio apartment in the centre of Middlesbrough offering an impressive NET yield of 7.9%!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted until August 2022

Key features

High specification

Key features

Student accomodation

Key features

Onsite gym

Key features

Studio apartment

Key features

Onsite living areas

Key features

Hands off investment

Key features

Close to the university

Key features

NET yield of 7.9%

Key features

Development now 100% occupied for 2021/22!

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY! Fully furnished buy-to-let student studio apartment in the centre of Middlesbrough offering an impressive NET yield of 7.9%! More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

A premium studio apartment within the popular Rede House development located 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 also just a short walk away, 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 Tenanted until August 2022
    Tick Desktop High specification
    Tick Desktop Student accomodation
    Tick Desktop Onsite gym
    Tick Desktop Studio apartment
    Tick Desktop Onsite living areas
    Tick Desktop Hands off investment
    Tick Desktop Close to the university
    Tick Desktop NET yield of 7.9%
    Tick Desktop Development now 100% occupied for 2021/22!
  • 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.