2 Bedroom Flat for sale
Rutherford Street Newcastle NE4.
Guide Price £288,663
City centre location
Views and vantage points
Quality of the apartments
Premium rental location
Rental yield guarantee - The unique nature of the scheme means that there are no direct comparisons
- Asking Price:
***Rental yield 7% net guaranteed for 5 years 5% interest paid on deposit funds during build period Prices from £168,000
Hadrian’s Tower, situated on St. James’ Boulevard Newcastle upon Tyne, stands 82 metres high, offering unrivalled views of the City Centre. At 26 storeys it is the tallest building in Newcastle and offers exclusive living accommodation. Its landmark architectural style and contemporary interiors make it one of the most sought after addresses in the City. Internal apartment features include modern fitted kitchens with integrated appliances, contemporary bathroom suites and spacious apartment living areas. Features include 24 hour security and concierge, onsite property management, café and laundry.
Hadrian’s Tower is located within the heart of the new high-rise business and learning district of Newcastle upon Tyne. The area is dominated by the University, the City Council and the Hospital. Newcastle is a renowned University city that is highly specialised in Medical Sciences, Business and the Built Environment.
The residents in this location are predominantly foreign students and the post-graduate professionals that remain in the hospitals and the wider city throughout their postgraduate training period. The high standing of the University within its specialist fields means that its reach across the world is very high. We know that the family wealth of students at Newcastle University is higher than that of most other main stream university cities in the UK.
The asset will be held as a build-to-rent block and will target those postgraduate professionals and the high net worth students that are interested in a higher standard of living. Property prices and rental rates across the city are based upon buy-to-let rentals and purpose-built student accommodation blocks.
• 24 month build
• Last remaining site on St. James’ Boulevard regeneration corridor
• 82 metre high structure, the tallest building in Newcastle
• Landmark architectural style with panoramic views from the rooftop
• Facilities in the building will include 24/7 concierge/security, onsite management, cycle store, café and laundry
162 apartments made up of 50 one bedroom and 112 two bed units
• Opposite newly regenerated Science Central Business School zone
• Newcastle named the UK’s ‘best university city’
• The city is home to a diverse and cosmopolitan international community, with a steady influx of overseas students
• Student population due to grow to 60,000 in 10 years
- Property Age: 2 years
- Council tax band: A (£100.00 Per Month)
- Double Glazing: Throughout
- Heating: gas
Lease info: 999 years remaining
Ground rent: £350.00 Per Month
Maintenance: £1000.00 Per Month
Local Area (within 1 kilometre)
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Based on 1% average high street estate agency fee and our No Sale No Fee package value. figures correct as of 20/09/17.