1 bed flat for sale

Corporation Road, Middlesbrough, North Yorkshire TS1

Ashbrookes are thrilled to present this amazing and hassle free investment opportunity, being sold via online auction. 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 £180.00 pw, this investmentis is one not to be missed. The existing tenancy ends in September 2024, however new tenants are lined up to rent the property until September 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 accomodation growing in Middlesbrough, this investment provides a guaranteed tenancy with a great return.

Service charge- circa £3000 per annum
ground rent- circa £200 per annum
EPC- C

Council tax band- A

To arrange a viewing, call us on Disclaimer:
Information provided in any property details/descriptions are for general guidance purposes only, and it is recommended that all interested parties seek professional advice and conduct thorough investigations to verify the accuracy of the details provided.

Disclaimer:
All information provided by Ashbrookes is deemed reliable and is taken in good faith from the vendor. However, it is not guaranteed and should be independently verified. Prospective buyers are strongly advised to carry out their own due diligence through their solicitors to confirm the accuracy of the information provided and to obtain an independent survey.

Intending purchasers will be required to produce identification documentation at a later stage, and we kindly ask for your cooperation to ensure there is no delay in agreeing to the sale. Please note that we have not tested the services or any of the equipment or appliances in this property. Therefore, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.<br /><br />

Disclaimer

Disclaimer: All information provided by Ashbrookes is deemed reliable and is taken in good faith from the vendor. However, it is not guaranteed and should be independently verified. Prospective buyers are strongly advised to carry out their own due diligence through their solicitors to confirm the accuracy of the information provided and to obtain an independent survey. Intending purchasers will be required to produce identification documentation at a later stage, and we kindly ask for your cooperation to ensure there is no delay in agreeing to the sale. Please note that we have not tested the services or any of the equipment or appliances in this property. Therefore, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.