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Rede House
£39,995
Quality Studio Apartment in the heart of the city centre offering circa 9% rental yields
Flambard Williams present a fantastic opportunity to own a luxury studio in Middlesbrough which provides an income of circa 7% per year. Each studio has its own kitchen, bathroom and study area, and also provides access to the building’s onsite gym, cinema and entertainment rooms.
Rede House is a 240 unit student accommodation building based in Middlesbrough. The property was completed by Fortis Developments to a very high standard; facilities include a gymnasium, cinema room, communal lounge, cycle storage and laundry facilities.
The property is just a short walk from Teesside University and the city’s shops, restaurants, bars and central station. The great location, coupled with fantastic facilities makes Rede House ideal for savvy property investors. Confirming the current trend of students preferring PBSA over traditional housing, Rede House has been 100% occupied since it was completed back in 2014.
Property Highlights
- Studio
- 1 Bath
- 220 sq.ft
- Corporation Road
Middlesbrough. TS1 1LY
- Short Walk to University
- Close to City Centre
- On-site Gym
- Cinema Room
- Communal Lounge
- Cycle Storage
- Laundry Facilities
- Circa 9% Rental Income
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Approx.
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Stamp Duty
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