1-bedroom flat · TS1 1LL
Listing removedReduced £1k (−5.6%) on 21 AugListed 96 daysAuction 30 Jul · ended
Opportunity summary
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About
** sale by auction - 30 July 2026 - Timed Online Auction ** Modern Purpose Built Student Accommodation situated in the dynamic heart of Middlesborough.
1 bed/studio Currently let at £177.50 per week (£9,230 per annum) Market rental £628 to £860+ per month Accommodation offers access to student-focused amenities, including communal lounges, designated study spaces, and professional on-site management services.
The property offers modern amenities eg secure key-fob entry, lift access, communal lounges, study areas, on-site management and is designed for student living.
Excellent public transport links by bus and train, providing easy access to nearby cities such as Newcastle and York.
The central location places residents within easy walking distance of Teesside University, making Rede House a popular choice for students and professionals seeking excellent accessibility.
Rede House, 63–75 Corporation Road is a purpose-built residential and student accommodation development situated in the heart of Middlesbrough town centre, offering a highly convenient location within walking distance of everyday amenities and key destinations.
Residents benefit from easy access to a wide range of shops, supermarkets, cafés, restaurants, banks, and leisure facilities, while the nearby Cleveland Centre and Hillstreet Shopping Centre provide additional retail options.
In terms of transport, Rede House is exceptionally well connected, with Middlesbrough Railway Station located approximately 400 metres away, providing regular rail services to destinations including York, Newcastle, and Manchester.
Numerous local bus routes operate along Corporation Road and the surrounding streets, offering convenient access across Middlesbrough and the wider Teesside area.
Auction Details 30 July 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 409, Rede House, 63-75 Corporation Road, Middlesbrough
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