8.1%Rental growth
5.0%Cap growth
£1,850Rental income
8.4%Gross yield
£66,150Minimum deposit

Apartment 1302 Hadrian's Tower, 27 Rutherford street, Newcastle, NE4 5BT

£264,600

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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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

599 sq ft

2 Bedrooms

1 Bathroom

Tenanted

Tenure - Leasehold

Lease-length

250 years

Ground rent 

£288

Service charge 

£1,380.00 per year

Overview

Situated on the 13th floor, this two-bedroom apartment is in excellent condition. It offers an open plan kitchen, floor-to-ceiling windows bringing great views and natural sunlight. 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 gross yield of 8.4% this unit presents a great investment opportunity. The property also benefits from exceptional Rental and Capital growth projections, making it an ideal investment for those thinking about short term yields, or long term Capital growth.

What our customers say about us

Mala

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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Tahir

Buy-to-let investor

Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!

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Michelle

Buy-to-let investor

I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.

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