Summary - Flat 416 Rede House, 63-75, Corporation Road TS1 1LL
1 bed 1 bath Flat
**Standout Features:**
- Tenanted until 2025, providing immediate rental income
- Modern 1-bedroom flat in a vibrant area of Middlesbrough
- Located near universities, ensuring high demand
- Gross rental income of £7,168, with a net profit of £3,947 annually
- Community-managed heating and low council tax
- Leasehold with 241 years remaining; small ground rent of £250
**Summary:**
Discover an exceptional investment in Middlesbrough's thriving student accommodation market with this modern 1-bedroom flat at Rede House. Currently tenanted until 2025, this property promises a hassle-free income stream with a gross rental income of £7,168 and a projected net profit of £3,947 annually. Located within a stone’s throw of local universities and a variety of amenities, including shops, eateries, and leisure facilities, this flat is highly sought-after and guarantees full occupancy year-round.
The thoughtfully designed space features a contemporary bedroom, a well-equipped kitchenette, and a cozy living area—ideal for the lifestyle of today’s students. With low maintenance demands, a manageable service charge, and inexpensive council tax, investors can relax while the property works for them. Whether you’re a seasoned property investor or a first-time buyer looking for rental stability, this unique opportunity won’t last long. Seize the chance to secure a promising asset in an increasingly competitive market.
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