Rede House, Corporation Road, Middlesbrough, TS1 1LG

NO RESERVE AUCTION Exceptional Buy-to-Let Investment Opportunity The biggest opportunities often appear where others hesitate Fully managed - No maintenance costs - 60% below original market value - 20% yield A rare chance to acquire a modern apartment at a substantial discount of circa 50-60% on market value.

Offering an attractive rental return in excess of 15/20% after service charge is paid, this property presents an excellent opportunity for investors seeking strong income and long-term growth potential.

Unlike many traditional investment properties, major external maintenance responsibilities such as roof repairs and building upkeep are managed and paid for through the service charge, reducing unexpected ownership costs and management headaches you’d typically get on a buy to let house This modern apartment benefits from contemporary construction standards, low maintenance requirements, and strong tenant appeal.

Now available at approximately 60% below comparable market values, this represents a compelling entry point into the buy-to-let sector.

Rede House Student Apartments high-quality and modern accommodation just a short walk from Teesside University and the city’s shops, restaurants, bars and central station.

The great location, coupled with fantastic facilities and all bills included in your rent, make Rede House ideal for student life in Middlesbrough.

Each studio has its own kitchen, bathroom and study area, and you’ll also get access to the building’s onsite gym, cinema and entertainment rooms.

Service charge £1997 per year Ground rent £230 per year Rental £7,140 per year Net profit circa £4,900 per year Yield 20% on £25,000 valuation N.B There are no arrears due on service charges and ground rent For sale by Auction 10th June This lot will NOT be sold prior Henrysykes.co.uk