Flat for sale in Rutherford Street, Newcastle Upon Tyne NE4

*investment opportunity* As the talk of the town, Hadrian's Tower is one of the newest and most exciting developments to Newcastle's City Centre. Located on the 3rd floor, Bricks & Mortar are delighted to market this one bedroom, one bathroom apartment within the complex. Perfect for investors, the property is let until early February 2025 at £1300pcm generating a gross yield of 9.7%.

The development is situated on Rutherford Street, conveniently located just around the corner from Westgate Road and Stowell Street. This prime location offers easy access to various dining options, including 'The Gate, ' and is within a short walking distance of Central Station. Additionally, it is surrounded by a plethora of nearby bars, shops, and public transportation options. Access to the building is secure, featuring on-site concierge services, lift access, and an intercom system.

The living room and kitchen areas seamlessly flow into an open-plan layout, showcasing a sleek and well-organized space with clearly defined zones. The kitchen is equipped with contemporary, streamlined white gloss wall and base units, featuring integrated appliances such as a fridge-freezer, dishwasher, oven, hob, and extractor fan. Marble-effect worktops and upstands, complemented by under-cabinet lighting, enhance the overall aesthetic. Throughout the living space, you'll find Karndean flooring and expansive windows, which fill the area with natural light.

The main bathroom offers a relaxing atmosphere with a bathtub and an overhead shower, a floating sink, a toilet with an integrated shelf-cove, and a wall-mounted matte finish heated towel rail.

The generously sized bedroom benefits from three built-in windows, ensuring ample natural light and making it an ideal space for accommodating two individuals comfortably.

Residents of the Tower enjoy numerous amenities, including access to a dedicated residents' group app, an on-site cafe, and exclusive entry to Three 60, a popular rooftop bar.

Please note that the property is leasehold with a lease term of 250 years from 2020 (interested parties should verify this information with Bricks & Mortar before making an offer). The associated costs are as follows:

Ground Rent: £237
Service Charges: £3,062.87 annually (inclusive of building insurance)
Council Tax Band: D

Disclaimer

Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.