639 Rede House, Corporation Road, Middlesbrough, North Yorkshire, TS1
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Student Accomodation
- High Yield Return
- Great Investment Opportunity
Description
Located on Corporation Road, Rede House offers students of Teesside University the ideal location, within easy reach of all amenities and the University itself. Local transport is excellent in this area and the main bus and train stations are a matter of minutes away.
Fitted out to a good spec, this open plan student apartment is located in Rede House, Middlesbrough, a fully managed building offering over 8% return on your investment.
The property is designed to provide separate areas for the bathroom, kitchen, dining area, study area and sleeping area.
The owner of this apartment is required to keep the equipment and furniture in a state of good repair and if you choose to leave it with the current management company (on-site), this will all be monitored on your behalf.
Potential to increase return, depending on how the property is managed.
Tenure
Leasehold (exact remaining term tbc, in excess of 241 years)
Ground rent of £250 per annum is payable to the freeholder
Property financial performance available on request
Property financial performance available on request.
Viewing:
Contact Magnum Properties, Linthorpe Road, Middlesbrough
639 Rede House, Corporation Road, Middlesbrough, North Yorkshire, TS1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station0.2 miles
- South Bank Station2.2 miles
- Marton Station2.6 miles
Notes
Disclaimer - Property reference Redehouse. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Magnum Properties - Commercial, Linthorpe Road. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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