Summary - REDE HOUSE, CORPORATION ROAD TS1 1LY
1 bed 1 bath Studio
Student-let with contract in place for 2025/26
A compact studio in Rede House, Corporation Road offers immediate rental income with a confirmed student contract for 2025/26 and a reported 12.50% net yield. The unit is part of a managed block with on-site housing staff, gym, laundry and communal facilities, simplifying hands-off ownership and supporting consistent demand from nearby Teesside University.
The flat is small and configured for single occupancy, presented in a modern, low-maintenance style suitable for students. The long lease (approximately 240 years remaining) reduces medium-term tenure risk; the asking price of £25,000 and existing management arrangement make this a clear cash-acquisition investment play.
Material considerations: the sale is offered to cash buyers only, and the property sits in an area with very high crime levels and high deprivation, which may affect longer-term capital growth and management costs. Images may be illustrative; purchasers should verify the specific unit condition and check any block service charges and management terms.
This is a targeted opportunity for investors seeking immediate, fully-managed student income and above-average yield. Buyers wanting to reduce exposure to local area risk should factor in potential voids, maintenance and insurance differences compared with more affluent locations.
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