Summary - 3-5, Mandale Road, Thornaby TS17 6AD
1 bed 1 bath Private Halls
High-yield, fully managed student studios in Thornaby — immediate income, investor-focused.
Fully managed onsite — turnkey, hands-off student income
Purpose-built en-suite studios — modern, furnished and tenanted
Immediate income with proven occupancy and high headline yield
Large Victorian mid-terrace building with solid brick walls
High local crime and deprived area classification — increased risk
Very slow broadband speeds — may affect tenant satisfaction
Electric room heaters — higher running costs, no central heating
Tenure unknown; service charges reviewed yearly — verify details
This block of purpose-built student studios on Mandale Terrace offers a ready-made, hands-off investment in a high-demand student area. Fully furnished en-suite units are tenanted for immediate income, with on-site management delivering a turnkey experience and proven occupancy for the academic year. Reported gross yield is high, providing strong headline returns for a small purchase price.
The building is a large, Victorian-era mid-terrace with solid brick walls and internal insulation, providing character and scale. Units are modern in finish and designed for students, making them straightforward to re-let each year. The property benefits from excellent mobile signal and close proximity to university, transport links and local amenities, supporting continued rental demand.
Buyers should note clear risk factors: the wider area is classified as deprived with high local crime, and broadband speeds are reported as very slow. Heating relies on electric room heaters, which can mean higher running costs and potential tenant dissatisfaction. Tenure is unknown and service charges are reviewed annually — purchasers must verify these details and review the full financial breakdown.
This is a high-yield, managed student asset suited to investors seeking immediate cashflow and minimal hands-on involvement. The building’s age and local social indicators mean it is not a no-risk purchase; prospective buyers should undertake full due diligence, including inspections, tenancy checks, service charge terms and local area assessment before proceeding.
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