Located in the very centre of Newcastle at one of the city’s most exciting locations which is currently in the throes of considerable regeneration, this prestigious apartment building is ideally located for those working or studying in the city, within walking distance of train stations, shopping centres, several hospitals and under 1km from both of the city’s universities.
This development will easily be one of the finest in the city and is being completed by a developer who has an impressive track record. As with all the developments we propose to our clients the property and the location have been carefully considered and fully vetted by our team. Originally built as an office development, it is now the subject of a visionary multi-million-pound conversion scheme that will create 152 top-quality apartments.
The seven-story building features its own undercroft parking and, as part of the conversion, the exterior will be transformed, fitted with stinking new glazing and entranceways. Similarly, the interior is being stripped out and replaced with beautiful one and two-bedroom residential units all of which are being built to the latest standards for safety, security and energy efficiency.
Key Investment Highlights
- Price from £139,750
- No of units in the development 152
- Due for completion Q3 2022
- 10% discount off market prices
- 8% gross rental yield for 10 years.
- 3% interest on all deposits
- All properties backed by a 10-year warranty
- Developed by Empire Property Concepts