Established high-yield asset steps from Teesside University and local amenities.
Freehold student block with 48 beds across 16 rooms
A freehold student block in a prime location close to Teesside University, offered with 48 beds across 16 rooms (12 en‑suite rooms per floor). Built/converted in 2013, the scheme has been a popular student choice and presents an established income-producing asset in a city-centre setting. The building footprint and internal layout support efficient high-yield student lets with communal spaces and on-site marked parking bays.
This is a block-level investment for buyers comfortable with student housing management and seasonal occupancy patterns. The property sits in a very deprived area with average crime levels; that context drives rental demand but brings operational considerations such as stronger lettings management, security and ongoing maintenance. External amenity is limited to a surfaced car park and circulation areas—no private gardens or notable views.
Offers are sought over £2.1m for the freehold (subject to contract). The asset benefits from fast broadband and excellent mobile coverage, modern construction (2013) and proximity to local amenities and transport links. Potential buyers should allow for routine student-property wear-and-tear and factor in management/lettings overheads; scope for targeted refurbishment could add value but the building is currently configured for immediate rental occupation.
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