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27 Rutherford Street, Newcastle upon... 1 bed apartment for sale
27 Rutherford Street, Newcastle upon tyne NE4
£149,900
27 Rutherford Street, Newcastle upon tyne NE4
£149,900
Our Summary
- *INVESTMENT OPPORTUNITY* Bricks & Mortar welcomes to the market this stylish one-bedroom apartment on the third floor of Hadrian’s Tower, located in the heart of Newcastle upon Tyne, presenting an exceptional investment opportunity
- Investment Opportunity
Description
This stylish one-bedroom apartment in Hadrian's Tower, Newcastle upon Tyne, presents an exceptional investment opportunity. The modern and well-designed living space features a well-proportioned bedroom, contemporary bathroom, and an open-plan reception room that maximizes natural light. Currently tenanted until February 2026, the apartment generates a strong rental income of £1,300 per calendar month, delivering an impressive gross yield of 8.21%. Located in the heart of Newcastle, the property offers immediate access to a wide range of amenities, including shops, restaurants, and transport links, making it an ideal option for investors looking to grow or diversify their portfolio. The apartment is situated in a secure development with on-site concierge services, lift access, and an intercom system, and features a sleek and well-organized open-plan living space with contemporary kitchen and marble-effect worktops. The property is leasehold with a lease term of 250 years from 2020.