Luxury Apartments in Newcastle from £139,950. 7% NET Yield.
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Ref: UK077 - Luxury Apartments in Newcastle from £139,950. 7% NET Yield.

Newcastle, Tyne and Wear, United Kingdom

 Description

162 1, 2 and 3 bed luxury apartments in Newcastle. 7% NET Yield guaranteed for 5 years.

This Residential Development in Newcastle benefits from a dual rental market position with tenants from both young professionals and students.
Offer includes 7% fixed guaranteed rental income for 5 years and 5% interest paid on all invested deposits. 25% required on exchange.

 

Key Facts:
• Proven developer with 10 completed and operational developments and 11 more in pipeline.
• Completion Q1 2020
• 250 year leasehold on title deed
• 26 Luxury story tower built apartments in Newcastle city centre
• 162 apartment units
• 900 meters to Newcastle University
• 800 meters from Northumbria University
• City centre location

Financials:
Reservation £2000
25% required on exchange less the £2000 reservation
5% interest paid on all funds deposited
7% guaranteed for 5 years (if purchased without mortgage)
Mortgage possible (on completion without guaranteed income)

On site facilities:
• Launderette
• Café
• CCTV/ Security
• All units are wheelchair accessible
• Cycle Store
• Wi-Fi and high speed broadband
• 24 hour on-site concierge,
• Maintenance and resident support
• Meeting spaces within the ground floor entrance
• 25th storey lounge area & Exclusive Sky Lounge

 

The area:
Located within a highly accessible location in
close proximity to Newcastle Regeneration Zone
and a world-class Medical University, the development is an iconic 26 storey, 82 metre tower and a landmark for a world-class city. Comprising stylish apartments and exceptional facilities. The Tower will be a beacon on Newcastle’s skyline.

Opportunities to invest in such a high profile scheme in the centre of Newcastle rarely arise; the Tower represents a market-leading product for luxury living in the city centre. Newcastle is identified by overseas investors as a source of opportunity, with major strategic
developments backed by investors from around the globe. Newcastle is rich in heritage with an established economy and excellent transport links, including a large airport with daily flights to global destinations. World-class culture, vibrant night-life, award-winning dining, inspiring heritage, fantastic shopping and acclaimed architecture are all found.
in Newcastle.

Quality of apartments:

• All units meet with the new Design Space Standards
• All units are wheelchair accessible
• All apartments serviced by 2 fully maintained lifts
• All units have whole-house ventilation and sprinkler system protection
• Majority of apartments have twin-aspect views
• All 2 bed apartments have two double bedrooms, permitting effective subletting
• High quality kitchens, bathrooms and bedroom

 

One of only six designated UK Science Cities, Newcastle has an internally-renowned reputation for medical sciences. Newcastle University has expanded its existing campus in the heart of the city on to the Science Central site.
Ranked in the top 100 universities in the world for life sciences and medicine, Newcastle University has been a catalyst for the sector in the city.

Ranked number one in computing science research impact, Newcastle University has an international reputation for cloud computing and big data, information systems, VR and digital media.

Northumbria University is leading the way in computer forensics and security, gaming and visual effects.

Newcastle has one of the highest post-graduate and student retention rates in the UK.

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