Rede House is a large self-contained studio and includes an en suite bathroom, fitted kitchen, study area and cycle storage. Students will have entry to the on-site amenities which include wi-Fi, private residents’ gym, social area and cinema room.
Rede House is a premium student investment opportunity located only a short distance from Teesside University and all that the city has to offer. Teesside University is conveniently located just 10 minutes from Rede House. Middlesbrough Train Station is just around the corner, giving students fast access to Newcastle in just over an hour.
The popularity of Rede House is illustrated in the fact that the development is fully let for this academic year and is somehow taking reservations for next year.
Important note to purchasers: These, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Images used for indicative purposes.
Gross rent: £4,730 Ground rent: £150 Service charge: £1,520 Lettings fees: £580 Net income: £2,480 Gross yield: 14.55% Net yield: 7.63%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.