Located in the heart of Middlesbrough town centre and well placed for Teesside University, Rede House is a purpose build block of accommodation exclusively for students.
Made up of 240 Student apartments, the building has been designed to offer quality accommodation with use of communal facilities including a gym, cinema room, recreational room and use of a laundry room.
Ideal for investors that are looking for a low maintenance investment with a potential gross yield of up to 17.1% based on an existing 44 week contract with rent charged at £100 per week.
Further information can be found directly on the Rede House website with a representation of the accommodation available:
Offered with NO ONWARD CHAIN contact HUNTERS TEESSIDE to arrange your appointment to view.
COMMUNAL ENTRANCE FOYER
Communal entrance foyer with access to post boxes and block manager's office.
COMMUNAL LEISURE FACILITIES
Located on the ground floor, the building offers residences use of communal leisure facilities included within the building and covered by the ground rent and service charges. These facilities include Wifi, Sky in the cinema room, a recreational room, gym and laundry facilities.
3.63m (11' 11") x 7.65m (25' 1") Max Measurements
An open plan studio apartment, the property has fitted carpets to the main living space and laminate flooring to the kitchen area.
Complete with integrated electric oven and hob, microwave and fridge unit, the kitchen area is made up of high gloss units.
APARTMENT SHOWER ROOM
2.21m (7' 3") x 1.16m (3' 10") Max Measurements
The en suite shower room is tiled to the utilities and has lino flooring and is made up of a white three piece suite comprising of a hand basin, low level WC and shower cubicle.
Rental Contract Start Date 7/9/18 for 44 weeks at £115per week
Sale is subject to existing management agreement with Fortus Management