Apartment 1302 Hadrian's Tower, 27 Rutherford street, Newcastle, NE4 5BT
£264,600
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
Your initial investment
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Estimated deposit
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Purchase fees
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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
Khalid
Buy-to-let investor
“Honestly the best overall company in terms of property investment - if you are starting new this you place. Also, the staff are very helpful and amazing!”
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!”
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.”
Meet the team