11.3%Rental growth
4.9%Cap growth
£1,650Rental income
8.0%Gross yield
£62,250Minimum deposit

Apartment 806, Hadrian's Tower, 27 Rutherford street, Newcastle, NE4 5BJ

£249,000

This property is GG Trusted

When you buy shares, you usually pay stamp duty tax of 0.5% on the price you pay for the shares. As the property continues to be owned by the company, no SDLT is payable.

Financial snapshot

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Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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Returns

Your total return by 2035

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Annual return 

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Rental growth p.a. 

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Cap growth p.a. 

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Rental income p.c.m. 

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Gross yield 

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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here

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Area highlights

Property snapshot

Apartment

670 sq ft

2 Bedrooms

1 Bathroom

Tenanted

Overview

Situated on the 8th floor, this recently refurbished two-bedroom apartment is in excellent condition. It offers an open plan kitchen, floor to ceiling windows bringing great views and allowing natural sunlight to light up the room. The property benefits from electric central heating and is conveniently located in the city centre of Newcastle. It boasts a superb central location, with Grainger town and Market just a 5-minute walk away. The bedrooms are well proportioned, and the kitchen is modern and well equipped. The apartment is easily accessible with a lift. With a projected gross yield of 8.2% this unit presents a great investment opportunity.

What our customers say about us

Daniel

Buy-to-let investor

Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.

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Buy-to-let investor

What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.

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Buy-to-let investor

Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.

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