Rede House - Middlesbrough

Purpose-Built Student Studio | 14.5% NET Yield | Fully Managed

Welcome to Rede House, a modern and fully managed student accommodation development in the heart of Middlesbrough. Apartment 3.31 is a self-contained studio apartment on the third floor, offering a hands-off investment opportunity with strong rental demand and an impressive 14.5% NET yield based on 2024/25 running costs.

Price: £33,500

Investment Highlights:

  • Price: £33,500

  • Size: 20.3m² Studio Apartment

  • Tenure: Leasehold – 250 years from Feb 2014

  • Ground Rent: £226.20 per annum (RPI linked)

  • Service Charge: £2,258.28 (2024/25)

  • Furniture: Fully Furnished

  • Payment Terms: 100% on exchange/completion

  • Management & Lettings: Xenia Lettings – Fully Managed

Enquire About Rede House

* Images are of a similar unit and are for reference only

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