Summary - REDE HOUSE, CORPORATION ROAD TS1 1LY
1 bed 1 bath Flat
Affordable buy-to-let close to universities and town amenities.
Guaranteed tenancy through end of 2025 academic year
Rede House is a compact one-bedroom flat built after 2012, presented as a modern, low-maintenance investment close to universities and town amenities. The apartment benefits from double glazing, mains gas on a community heating scheme, fast broadband and excellent mobile signal — practical features for student tenants and short-term lets.
The property is offered leasehold with around 238 years remaining and very low council tax; these factors reduce ongoing owner costs. The current notes indicate a guaranteed tenancy in place through the end of the 2025 academic year, making rental income predictable for the near term.
Buyers should be aware the flat is small and best suited to single occupancy or student use rather than a long-term family home. The wider area is classified as very deprived with a very high crime rate, which will affect resale appeal and non-student rental demand. The building is mid-terrace with cavity walls (assumed insulated) and shows typical compact apartment proportions on the supplied floor plan.
For an investor seeking a straightforward, hands-off rental in Middlesbrough’s student market, this unit offers immediate income potential and low running costs. For owner-occupiers or those needing quieter, family-focused neighbourhoods, the local social and safety indicators may be a significant drawback.
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