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639 Rede House, Corporation Road, Middlesbrough, North Yorkshire, TS1

£39,500

Business rates & charges may apply

Magnum Properties - Commercial, Linthorpe Road
SIZE

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SECTOR

Commercial property for sale

Key features

  • Student Accomodation
  • High Yield Return
  • Great Investment Opportunity

Description

**Fantastic Investment Returns**

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.

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Contact Magnum Properties, Linthorpe Road, Middlesbrough

639 Rede House, Corporation Road, Middlesbrough, North Yorkshire, TS1

Approximate location

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

About Magnum Properties - Commercial, Linthorpe Road

144 Linthorpe Road Middlesbrough TS1 3RA

Magnum Properties - Commercial, Linthorpe Road

* FREE VALUATIONS * NO HIDDEN FEES * PROPERTY MANAGEMENT * RESIDENTIAL & COMMERCIAL PROPERTIES * BUSINESS SALES * and much more...

Trust Magnum Properties to buy, sell or rent your residential or commercial property - We are your local, experienced Middlesbrough-based estate agents in Teesside!

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Notes

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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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