Flat for sale in Rutherford Street, Newcastle Upon Tyne NE4

Offers over £270,000
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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Leasehold
Time remaining on lease:
247 years
Service charge:
£2,565.66 per year
Ground rent:
£315
Council tax band:
D

Property features

  • Currently tenanted at £1850pcm (In Situ until Sept 2024)
  • Concierge
  • Secure Entry
  • Central location
  • 13th Floor
  • Lift Access
  • Amazing Views
  • Modern design
  • Ideal Investment Opportunity
  • Newcastle's First Skyscrapper!

Property description

*calling investors* 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 13th floor, Bricks & Mortar are delighted to market this two bedroom, two bathroom apartment within the complex. Currently let at £22,200 per annum, gross 7.9% yield!

The development is located on Rutherford Street, around the corner from Westgate Road and Stowell Street providing easy access to restaurants including 'The Gate, ' a short walk to Central Station and surrounded by nearby bars, shops and public transport. Entry to the building is secure with on site concierge, lift access and intercom.

Due to the position of the apartment within the building, it has a quirky design and the developers have utilised the space well for storage, particularly to the bedrooms. The apartment sits on the same level to visual exterior garden terrace which is maintained by the Tower providing a unique outlook. The plot is corner aspect too providing a variance in views across the City.

The living room and kitchen are open plan and the current owners have really created a sleek space with clear zoning. The kitchen includes flush, streamlined white gloss wall and base units with an integrated fridge freezer, dishwasher, oven, hob and extractor fan along with marble effect worktops and upstands and under cabinet lighting. There is Karndean throughout and expansive windows.

The main bathroom includes a bath with over bath shower, floating sink, toilet with integrated shelf-cove and wall mounted matt finish heated towel rail.

The master bedroom has dual aspect windows, two built in windows and zoned to include sleeping space and currently an office section but could work perfectly as a dressing area. The second bedroom is also a good size and includes a fitted wardrobe along with an ensuite shower room.

There are many perks available within the tower including a residents group app, cafe and exclusive access to Three 60- the popular rooftop bar!

Leasehold Details:
250 years from 2020
Ground Rent- £315 1/1/24- 31/12/24
Service Charges- £2565.66 annually (including building insurance) 1/1/24- 31/12/24
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.

Property info

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bricks & Mortar, and do not constitute property particulars. Please contact Bricks & Mortar for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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