1 bedroom flat for sale
flat
bedroom
Property photos
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Property description
Nestled within the centre of Middlesbrough and within close proximity to the University and local amenities, Rede House is the perfect investment.
This one bedroom, one bathroom flat offers a modern design and layout, perfect for student living. The flat also benefit from a fully equipped kitchen and a cosy living area.
Additionally, the development has a communal area, study space and management services on site, making living in Rede House both easy and convenient for students.
Already tenanted by students and generating a rental income of £170.00 pw, this investment is one not to be missed. The existing tenancy ends 29th August 2024 and a new tenancy will start on the 6th September 2024 until 28th August 2025. This highly sought after development is very popular among students, ensuring there is consistent demand all year round.
Whether you are looking to expand your portfolio or you are a first time investor, this investment opportunity is one not to be missed! With the demand for student accommodation growing in Middlesbrough, this investment provides a guaranteed tenancy with a great return.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 240
Annual Ground Rent Amount: £229.00
Annual Service Charge Amount: £3,389.00
This one bedroom, one bathroom flat offers a modern design and layout, perfect for student living. The flat also benefit from a fully equipped kitchen and a cosy living area.
Additionally, the development has a communal area, study space and management services on site, making living in Rede House both easy and convenient for students.
Already tenanted by students and generating a rental income of £170.00 pw, this investment is one not to be missed. The existing tenancy ends 29th August 2024 and a new tenancy will start on the 6th September 2024 until 28th August 2025. This highly sought after development is very popular among students, ensuring there is consistent demand all year round.
Whether you are looking to expand your portfolio or you are a first time investor, this investment opportunity is one not to be missed! With the demand for student accommodation growing in Middlesbrough, this investment provides a guaranteed tenancy with a great return.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 240
Annual Ground Rent Amount: £229.00
Annual Service Charge Amount: £3,389.00
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Council tax
First listed
Over a month agoEnergy Performance Certificate
Marketed by
Pattinson - Yorkshire Auction 2 Hills Street Gateshead, Tyne and Wear NE8 2ASPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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