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1 bedroom apartment for sale

Hadrian's Tower, Rutherford Street, NE4

£203,684

Property Description

Key features

  • Exclusive Investment Opportunity
  • 7% NET Yield Assured for 5 Years!
  • 5% Interest Paid on Deposits During Build
  • 12% Launch Discount
  • Unrivalled City Views
  • Unique Lifestyle Offering

Full description

LIMITED AVAILABILITY ON ONE BEDROOM APARTMENTS - RESERVE YOURS NOW!!!

Brand New Landmark Development in Newcastle City Centre // 7% NET Yield Assured for 5 Years! // 5% Interest Paid on Deposits During Build Period

Hadrian's Tower Summary - Hadrian's Tower, on Rutherford Street, will be a 26 storey, 82-metre tower, the tallest in the City in a key city centre location adjacent to Newcastle Science Central Regeneration Zone.

It is the first development of its kind in Newcastle, offering 165 luxury apartments in an iconic new building, representing a market-leading product for luxury City Centre living.

Location - The Hadrian's Tower site is conveniently located between the Newcastle Science Central site and Newcastle City Centre. Science Central is a 24 acre site which is a joint initiative between Newcastle University and Newcastle City Council. Phase One is open now, and the entire site will be completed in 2020. Science Central will be the largest science and innovation hub in the UK, providing world-class laboratories, research space and Grade-A office space. The scheme has seen inward investment of £65m by Legal and General (L&G). Adjoining Science Central is Newcastle University's Business School, which relocated to the former Scottish & Newcastle breweries site in 2012.

The site allows easy access to the intu Eldon Square shopping centre, Newcastle Central Rail station for mainline travel and Tyne & Wear Metro system for access to Sunderland, The Coast and Airport.

Nearby Points Of Interest Include - Source: Google Maps (Source: Google Maps) -

- Newcastle Science Central - 3 minute walk (0.1 miles)

- Newcastle Central Station - 6 minute walk (0.3 miles)

- Newcastle University Business School - 7 minute walk (0.3 miles)

- intu Eldon Square - 9 minute walk (0.5 miles)

- Monument Metro Station - 10 minute walk (0.5 miles)

- Newcastle University City Campus - 15 minute walk (0.7 miles)

- Northumbria University City Campus - 17 minute walk (0.9 miles)

Proposal - We have one and two-bedroom apartments for sale on a Residential or Buy to Let basis, with prices starting from £168,750 for one bedroom apartments with a 250 year lease.

Rental Assurance - For investors, a net rental yield of 7% is assured for the first five years after completion. With rental income expected to continue rising by an average of 4% per annum** during the build and assurance period then it follows that a further 1% yield will be achieved before the end of the assurance.

* Rent Assurance is subject to purchasing furniture package (ask for further details), and a Lettings and Management service via All Saints Living.

** According to Savills' Key Themes in UK Real Estate Cross Sector Report 2016/17

Interest On Deposits - 5% interest is offered on all deposited funds during the build period.

Lifestyle Offering - The block will be supported by a Lifestyle Offering delivered by All Saints Living. Rental customers will include high net worth students and the postgraduate/young and professional market place. This potential audience is accustomed to a Lifestyle Offering to support their living standard. This Lifestyle Offering will include the following ancillary services:

- Touchdown meeting spaces within the ground floor entrance areas and the Sky Lounge on the 26th floor

- Cleaning services

- Laundrette

- Wi-fi and high speed broadband throughout the block

- 24 hour on-site foyer, maintenance and resident support

- Grab n Go breakfasts

Discount - A 12% EARLY BIRD discount is available for purchases that Exchange Contracts in 2017, contact Walton Robinson's Sales Team for more information

Further Information - Contact the Walton Robinson Sales Team for further information for full plans and development details.

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Listing History

Added on Rightmove:
12 September 2017

Floorplans

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