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
Sam
Buy-to-let investor
“Without a doubt the most efficient way to purchase property via a limited company structure. The service is seamless and efficient whilst being the most cost effective in the market. The staff are always responsive and extremely knowledgable.”
Eric
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.”
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
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