Initial price	£35,000
06/08/24	£32,000
Price Change	-8.57%

This superior studio apartment is located in the popular Rede House development in Middlesbrough city centre, within walking distance to Teesside University and the city's shops, restaurants, and central station. The apartment is extra spacious and features an en-suite shower room, fitted kitchen, study area, and double bed. Students will also have access to on-site amenities such as Wi-Fi, a private residents' gym, social area, and cinema room. The property is an attractive investment opportunity, with a gross yield of 20.93% and a net yield of 9.04%. The Middlesbrough student market is undersupplied, making Rede House an ideal investment. Note that this property can only be purchased as an investment property with cash, and is not eligible for a mortgage.