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Rede House, Corporation Road, Middlesbrough

Offers in Region of
£25,000
Hamilton Reeves, Nationwide
PROPERTY TYPE

Land

SIZE

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Description

80% financing available on this property
Exceptional Buy-to-Let Investment Opportunity
The biggest opportunities often appear where others hesitate

Fully managed - No maintenance costs - 60% below original market value - 20% yield

A rare chance to acquire a modern apartment at a substantial discount of circa 50-60% on market value. Offering an attractive rental return in excess of 10% after service charge is paid, this property presents an excellent opportunity for investors seeking strong income and long-term growth potential.

Unlike many traditional investment properties, major external maintenance responsibilities such as roof repairs and building upkeep are managed and paid for through the service charge, reducing unexpected ownership costs and management headaches you’d typically get on a buy to let house

This modern apartment benefits from contemporary construction standards, low maintenance requirements, and strong tenant appeal. Now available at approximately 60% below comparable market values, this represents a compelling entry point into the buy-to-let sector.

Rede House Student Apartments 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 your rent, make Rede House ideal for student life in Middlesbrough.

Each studio has its own kitchen, bathroom and study area, and you’ll also get access to the building’s onsite gym, cinema and entertainment rooms.

Service charge £1997 per year
Ground rent £230 per year
Rental £7,140 per year
Net profit circa £4,900 per year
Yield 20% at valuation £25,000

N.B service charge, ground rent , and rental income is all paid upto date

Brochures

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Rede House, Corporation Road, Middlesbrough

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 Hamilton Reeves, Nationwide

Liverpool
Industry affiliations:Industry affiliation logo 0

Hamilton Reeves is a forward-thinking estate agency that sets itself apart by prioritizing speed, proactivity, and innovation. Leveraging the latest technology, we streamline the buying, and selling processes to deliver faster results for our clients. Our team goes beyond traditional methods, using creative strategies and out-of-the-box thinking to maximize property exposure and secure the best deals. Whether you're looking to buy or sell, Hamilton Reeves ensures a seamless and efficient experience that puts your needs first.

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Disclaimer - Property reference REDE. 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 Hamilton Reeves, Nationwide. 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.