Investment Type: STUDENT
Est. Completion: AVAILABLE
Rede House is a stunning new student investment property, perfectly located just 200 metres from the main city campus of Teesside University in Middlesbrough. Designed to provide the students of Middlesbrough with a higher class of accommodation than anything currently on the market, Rede House will have 230 studios with a choice of type and size.
Previously a large office block overlooking the main campus site, Rede House will offer investors a wide range of studio units starting from as little as £33,995 (16sqm). In total, Rede House will comprise of 230 studios from 16sqm up to a select number of 1 bedroom apartments for £41,995.00.
For students, Rede House will also offer a full wide range of communal facilities including a fully equipped gymnasium, state of the art entertainment room and lounge, laundry room and secure bike storage area. For investors, Rede House will offer an attractive 9.5% net rental return for the first two years. Both the developer and management letting company have a proven track record within the student market.
At present, there are just over 1,000 purpose built student beds in Middlesbrough, where Teeside University is home to over 28,000 students. Understandably, this considerable imbalance has resulted in a high demand for student property and the surrounding areas. The location of Rede House, just 200 metres from the main campus is likely to result in exceptionally high demand for these units.
Urgent notification: Unit prices will increase by £3,000 from 1st February
Payment Plan
Rede House prices from:
Studio from £33,995
Premium Studio from £35,995
Deluxe Studio from £37,995
1-bed apartment from £41,995
Reservation procedure
Step 1: Reservation form and deposit payable
Step 2: Solicitor instructed, legals and sales pack sent out
Step 3: Within 28 days, exchange of contracts with the balance of 50%
Step 4: Remaining balance due upon completion (50%)
Completion date for this development is July 2014
Location
Middlesbrough, United Kingdom
Price
N/A
Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.
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Any Questions?
Call: +44 (0) 161 337 3890
Rede House in probably the nearest student accommodation we have witness in relation to the distance from the student accommodation to the actual campus.
Important walking distances from Rede House
Middlesbrough Train Station is a 5 minute walk
Teesside University campus 3 minute walk - we have personally walked it!
Middlesbrough Library is a 10 minute walk (The campus also has one its own highly rated library)
Riverside Football Stadium is a 15 minute walk
The Mall is 20 minute walk
Approximate distance from major cities
Newcastle: 39.6 miles
Manchester: 120miles
Birmingham: 174miles
Glasgow: 189 miles
London: 250miles
Call our team today on +44 (0) 161 337 3890