Studio for sale in Middlesbrough TS1, 0 Bedroom

We are pleased to present this premium studio apartment within the popular Rede House development, in Middlesbrough city centre.

This Premium 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.

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 is a popular development opportunity in the heart of the student hub of Middlesbrough.

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

Financial Breakdown

Gross rent: £5,456
Ground rent: £250
Service charge: £1,421
Lettings fees: £524
Net income: £3,261
Gross yield: 14.36%
Net yield: 8.58%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12962