Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
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.
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.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £9,230 per year / £769 per month
Yield: 54% (approx)
Tenant: Private Individual
Notes:
Maps & Location
Map Street View SatelliteRede 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.
Document Downloads
Pricing Information & Bidding
Opening Bid: £17,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - Flat 409Rede House, 63-75 Corporation Road, Middlesbrough