1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Magnum Properties are delighted to present this one-bedroom, second-floor apartment for sale, situated within Rede House in central Middlesbrough.
Offered at £33,000, the property provides an affordable opportunity for owner-occupiers or investors.
Location: Rede House is conveniently positioned within Middlesbrough town centre, providing easy access to local shops, amenities, public transport and the wider road network.
The central location also places the property within convenient reach of Middlesbrough Railway Station and Teesside University.
Description: This part-furnished apartment comprises one bedroom, one bathroom and an open-plan kitchen and living area.
Situated on the second floor, the property benefits from lift access and secure entry to the building.
Property Features: Type: Second-Floor Apartment Layout: One Bedroom, One Bathroom, Open-Plan Kitchen/Living Area Furnishing: Part Furnished Access: Lift Access and Secure Entry Parking: No On-Site Parking Living Areas: Open-Plan Kitchen and Living Space Sale Details: Asking Price: £33,000 EPC Rating: To be confirmed.
Viewings: Viewings are available by appointment through Magnum Properties. Contact our team to arrange a suitable viewing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Corporation Road, Middlesbrough
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