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

Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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View breakdown

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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

Graham

Buy-to-let investor

The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!

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Matt

Buy-to-let investor

It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.

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Shivraj

Buy-to-let investor

Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.

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