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Property Details

Rede House

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All details are uploaded by the listing provider directly. Sky International do NOT guarantee the accuracy of any information. Buyers could validate the details by adopting the following measures:


1) Hiring a qualified surveyor to provide a report. It costs a few hundred pounds in general, and takes about a week's time
2) Requesting for details from the vendor's solicitor. They're legally governed to provide accurate information
3) Visiting the property in person


If still unsure about existing properties, buyers could consider developer properties, which normally provide free snags-rectifying after completion, as well as 6 to 10 years structural warranty.

 


Last update 2022-04-27 08:35:20
Name of Property Rede House
Name of Block
City Middlesbrough
Address 66-77 Corporation Rd, Middlesbrough TS1 1LY UK
Property Type Student Accommodation
Existing or Under Construction Existing
Expected Completion Time Completed
Selling Price HKD 449,757
No. of Rooms Studio
Size (sq. ft.) 23
Ownership Type Leasehold
Leasehold Term (years) 247
Is It Tenanted Yes
Can Be Sold Vacant Yes
Tenancy Details Monthly Rental Income: £500 Monthly Service Charge: £135 Lettings Fee and Tenancy Set Up Fee: £160
Ground Rent (Annual) 228
Service Charge (Annual) 0
Parking Space 0
Video Link https://www.youtube.com/watch?v=jBZo5UnwY4E
Landlords Remarks - Up to 7% net yields
- Directly opposite Teesside University
- Always full tenanted
- £250 million development to make Middlesbrough the digital city of the UK
- Great investment potential
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