£35,995 Middlesbrough Student Accommodation. 9.5% Net Yield

  • Price: 35995.00 £
  • Investment Type: Investment
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Reference: Middlesbrough
  • SIPP: No

 Exclusive new student accommodation project from a proven developer!

 

Rede House is the latest project from Fortis Developments, the developer behind Bard House in Nottingham and Dunn House in Sunderland, both of which were delivered on-time and are 100% let.
 
With a starting price of £35,995 for a standard studio, interest is anticipated to be extremely high, so register today to secure a unit.
 
Within walking distance of Teesside University, Rede House has been designed to provide the students of Middlesbrough with a higher class of accommodation than anything currently on the market.
 
The building was originally used as office space and is being extensively converted into 230 studios, in addition to a host of communal facilities including; fully-equipped gymnasium, entertainment room, lounge, laundry room and secure bicycle storage area. The ground floor will remain as retail space and investors have the option of choosing a standard, premium or deluxe unit, depending on the level of investment required.
 
Rede House will be professionally let and managed by Fortis Students, an experienced student management company that already expertly manages a number of student developments across the UK.
 
One of the most competitively priced investments on the market; Rede House is the perfect addition to any investment portfolio and offers a 9.5% NET rental return for the first 2 years.
 
Investment Highlights
 
Up to 9.5% assured NET returns
Proven developer in the student accommodation market
On-site communal facilities, including gymnasium and communal lounges
4 different investment options to choose from
Completion for the September 2014 intake
 
Reservation procedure
 
Step 1: Reservation form and deposit payable
Step 2: Solicitor instructed, legal 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%)
 
Please complete the Enquiry Form to receive our detailed brochure, floor plans, price/availability list, etc.
 
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