Summary - Rede House 639 Rede House, Corporation Road, Middlesbrough, North Yorkshire, TS1 TS1 1LY
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location for students near Teesside University
- Open-plan layout maximizing space
- Fully managed building with over 8% investment return potential
- Long leasehold (over 241 years remaining)
- Excellent transport links and local amenities
- Good maintained condition, monitored by management
- Ground rent: £250/year
**Potential Downsides:**
- Located in an area with high crime rates
- Property appeals primarily to investors or those looking for rental potential
639 Rede House on Corporation Road, Middlesbrough, presents an exceptional investment opportunity for those looking to enter the bustling market of student accommodation. This modern open-plan apartment is strategically located within a short distance from Teesside University, making it highly desirable for students who value convenience and accessibility. With its well-defined spaces for living, studying, and dining, the layout is ideal for maximizing both comfort and functionality.
Investors will appreciate the strong returns of over 8%, potentially rising with effective property management. With a lease extending over 241 years and a modest ground rent, this property promises longevity and stability. While buyers should be aware of the high crime rates in the area, the vibrant urban mix offers a plethora of amenities, from cafes and shops to leisure facilities, all just a stone's throw away. Don’t miss the chance to secure this valuable property—opportunities like this may not last long!
Commercial property for sale in For Sale: 3-23, Rede House, Corporation Road, Middlesbrough, TS1 1LY, TS1 — £39,450 • 1 bed • 1 bath
1 bedroom apartment for sale in Corporation Road, 6-15 Rede House, TS1 — £35,000 • 1 bed • 1 bath
Studio flat for sale in Flat 3.31, Rede House - Student Apartments, TS1 — £33,500 • 1 bed • 1 bath
Property for sale in Corporation Road, Middlesbrough, TS1 — £37,950 • 1 bed • 1 bath • 485 ft²
1 bedroom flat for sale in Corporation Road, Middlesbrough, North Yorkshire, TS1 — £35,000 • 1 bed • 1 bath
10 bedroom flat for sale in Borough Road, Middlesbrough, TS1 — £450,000 • 10 bed • 10 bath • 2684 ft²
