sold out
- Overview
- Chad House Views
- 1 Bedroom Apt
- 2 Bedroom Apt
- Comparables For Sales
- Comparables For Lettings
- Proposed Floor Plans
- Accomodation Schedule
- Gateshead Area
- Trustworthy Partners
- Market Due Diligence
- Availabilty
80 x 1 Bedroom Apartment
£ 60,000
9 x 2 Bedroom Apartment
£ 80,000
Total Purchase Price
£ 5,520,000
Gross Rental Yield
10.1%
Net Rental Yield
8.0%
Net rental yield is assured for 3 years
SERVICE CHARGE
| £575 pa - per apartment | £51,175 pa |
GROUND RENT
| £350pa - per apartment | £31,50 pa |
LEASE
| 125 Years from 2017 |
Hamilton are delighted to offer this development of 89x apartments onsisting of 80 x 1 Bed and 9 x 2 Bed apartments. All newly renovated to a high standard in this converted office building.
The property is located next to Gateshead highway, with direct links to the centre of Newcastle. An excellent development situated close to all local amenities including schools, Hospitals and the abundance of bars, shops & restaurants the city has to offer
Disclaimer:Ground rent and service charge rates are provided for information purposes only and are subject to change and confirmation in the Contractual documentation provided on exchange and completion.
Gross rental yield values are estimates and provided for infoirmation purposes only.
The ProPerTY comPriSeS of; eNTrANce hALL, LouNGe, kiTcheN, fridGe freezer, BuiLT iN oveN, hoB ANd exTrAcTor. A Good Sized Bedroom ANd A moderN BAThroom.
Approximate Size; 415 sq ft. |
furnishing: UNfurnished |
LOUNGE
Generous sized living area with window to front and electric radiator.
KITCHEN
Fitted with a range of wall and base units with complimentary working surfaces. Stainless steel sink unit. Built in oven, hob and extractor. Fridge freezer. Splash back tiling, and sockets.
BEDROOM
Electric radiator.
BATHROOM
With modern white suite, panel bath with shower above, pedest
Example:
Disclaimer: The pictures provided are for illustrative purposes only and are subject to change during the development process.
The ProPerTY comPriSeS of; eNTrANce hALL, LouNGe, kiTcheN, fridGe freezer, BuiLT iN oveN, hoB ANd exTrAcTor. A Good Sized Bedroom ANd A moderN BAThroom.
Approximate Size; 415 sq ft. |
furnishing: UNfurnished |
LOUNGE
Generous sized living area with window to front and electric radiator.
KITCHEN
Fitted with a range of wall and base units with complimentary working surfaces. Stainless steel sink unit. Built in oven, hob and extractor. Fridge freezer. Splash back tiling, and sockets.
BEDROOM
Electric radiator.
BATHROOM
With modern white suite, panel bath with shower above, pedestal wash hand basin, low level WC, extractor fan.
Example:
Disclaimer: he pictures provided are for illustrative purposes only and are subject to change during the development process.
£82,000
This property is for sale and is a similar size and spec as the property offered.
£81,000
This property is for sale and is a similar size and spec as the property offered.
£75,000
This property is for sale and is a similar size and spec as the property offered.
£74,950
This property is for sale and is a similar size and spec as the property offered.
£70,000
This property is for sale and is a similar size and spec as the property offered.
£69,000
This property is for sale and is a similar size and spec as the property offered.
£95,000
This property is for sale and is a similar size and spec as the property offered.
£95,000
This property is for sale and is a similar size and spec as the property offered.
£94,950
This property is for sale and is a similar size and spec as the property offered.
£94,950
This property is for sale and is a similar size and spec as the property offered
£92,950
This property is for sale and is a similar size and spec as the property offered.
£92,500
This property is for sale and is a similar size and spec as the property offered.
£650 pcm
This property is for rent and is a similar size and spec as the property offered.
£650 pcm
This property is for rent and is a similar size and spec as the property offered.
£595 pcm
This property is for rent and is a similar size and spec as the property offered.
£585 pcm
This property is for rent and is a similar size and spec as the property offered.
£575 pcm
This property is for rent and is a similar size and spec as the property offered.
£550 pcm
This property is for rent and is a similar size and spec as the property offered.
£775 pcm
This property is for rent and is a similar size and spec as the property offered.
£754 pcm
This property is for rent and is a similar size and spec as the property offered.
£750 pcm
This property is for rent and is a similar size and spec as the property offered.
£737 pcm
This property is for rent and is a similar size and spec as the property offered
£725 pcm
This property is for rent and is a similar size and spec as the property offered.
£725 pcm
This property is for rent and is a similar size and spec as the property offered.
Basement
First Floor
Third Floor
Fifth Floor
Seventh Floor
Ground Floor
Second Floor
Fourth Floor
Sixth Floor
Eighth Floor
| Unit No. | Floor | Type | Garage | Sq. ft. |
|---|---|---|---|---|
| 1 | G | 2 bed | Parking | 631 |
| 2 | G | 1 bed | Parking | 415 |
| 3 | G | 1 bed | Parking | 410 |
| 4 | G | 1 bed | Parking | 498 |
| 5 | G | 1 bed | Parking | 487 |
| 6 | G | 1 bed | Parking | 410 |
| 7 | G | 1 bed | Parking | 415 |
| 8 | G | 1 bed | Parking | 400 |
| 9 | G | 1 bed | Parking | 506 |
| 10 | 1st | 1 bed | Parking | 482 |
| 11 | 1st | 1 bed | Parking | 400 |
| 12 | 1st | 1 bed | Parking | 415 |
| 13 | 1st | 1 bed | Parking | 410 |
| 14 | 1st | 1 bed | Parking | 433 |
| 15 | 1st | 2 bed | Parking | 569 |
| 16 | 1st | 1 bed | Parking | 410 |
| 17 | 1st | 1 bed | Parking | 415 |
| 18 | 1st | 1 bed | Parking | 400 |
| 19 | 1st | 1 bed | Parking | 482 |
| 20 | 2nd | 1 bed | Parking | 482 |
| 21 | 2nd | 1 bed | Parking | 400 |
| 22 | 2nd | 1 bed | Parking | 415 |
| 23 | 2nd | 1 bed | Parking | 410 |
| 24 | 2nd | 1 bed | Parking | 433 |
| Unit No. | Floor | Type | Garage | Sq. ft. |
|---|---|---|---|---|
| 25 | 2nd | 2 bed | Parking | 569 |
| 26 | 2nd | 1 bed | Parking | 410 |
| 27 | 2nd | 1 bed | Parking | 415 |
| 28 | 2nd | 1 bed | Parking | 400 |
| 29 | 2nd | 1 bed | Parking | 482 |
| 30 | 3rd | 1 bed | Parking | 482 |
| 31 | 3rd | 1 bed | Parking | 400 |
| 32 | 3rd | 1 bed | Parking | 415 |
| 33 | 3rd | 1 bed | Parking | 410 |
| 34 | 3rd | 1 bed | Parking | 433 |
| 35 | 3rd | 2 bed | Parking | 569 |
| 36 | 3rd | 1 bed | Parking | 410 |
| 37 | 3rd | 1 bed | Parking | 415 |
| 38 | 3rd | 1 bed | Parking | 400 |
| 39 | 3rd | 1 bed | Parking | 482 |
| 40 | 4th | 1 bed | Parking | 482 |
| 41 | 4th | 1 bed | Parking | 400 |
| 42 | 4th | 1 bed | Parking | 415 |
| 43 | 4th | 1 bed | Parking | 410 |
| 44 | 4th | 1 bed | Parking | 433 |
| 45 | 4th | 2 bed | Parking | 569 |
| 46 | 4th | 1 bed | Parking | 410 |
| 47 | 4th | 1 bed | Parking | 415 |
| 48 | 4th | 1 bed | Parking | 400 |
| Unit No. | Floor | Type | Garage | Sq. ft. |
|---|---|---|---|---|
| 49 | 4th | 1 bed | parking | 482 |
| 50 | 5th | 1 bed | parking | 482 |
| 51 | 5th | 1 bed | parking | 400 |
| 52 | 5th | 1 bed | parking | 415 |
| 53 | 5th | 1 bed | parking | 410 |
| 54 | 5th | 1 bed | parking | 433 |
| 55 | 5th | 2 bed | parking | 569 |
| 56 | 5th | 1 bed | parking | 410 |
| 57 | 5th | 1 bed | parking | 415 |
| 58 | 5th | 1 bed | parking | 400 |
| 59 | 5th | 1 bed | parking | 482 |
| 60 | 6th | 1 bed | parking | 482 |
| 61 | 6th | 1 bed | parking | 400 |
| 62 | 6th | 1 bed | parking | 415 |
| 63 | 6th | 1 bed | parking | 410 |
| 64 | 6th | 1 bed | parking | 433 |
| 65 | 6th | 2 bed | parking | 569 |
| 66 | 6th | 1 bed | parking | 410 |
| 67 | 6th | 1 bed | parking | 415 |
| 68 | 6th | 1 bed | parking | 400 |
| 69 | 6th | 1 bed | parking | 482 |
| Unit No. | Floor | Type | Garage | Sq. ft. |
|---|---|---|---|---|
| 70 | 7th | 1 bed | N/A | 482 |
| 71 | 7th | 1 bed | N/A | 400 |
| 72 | 7th | 1 bed | N/A | 415 |
| 73 | 7th | 1 bed | N/A | 410 |
| 74 | 7th | 1 bed | N/A | 433 |
| 75 | 7th | 2 bed | N/A | 569 |
| 76 | 7th | 1 bed | N/A | 410 |
| 77 | 7th | 1 bed | N/A | 415 |
| 78 | 7th | 1 bed | N/A | 400 |
| 79 | 7th | 1 bed | N/A | 482 |
| 80 | 8th | 1 bed | N/A | 482 |
| 81 | 8th | 1 bed | N/A | 400 |
| 82 | 8th | 1 bed | N/A | 415 |
| 83 | 8th | 1 bed | N/A | 410 |
| 84 | 8th | 1 bed | N/A | 433 |
| 85 | 8th | 2 bed | N/A | 569 |
| 86 | 8th | 1 bed | N/A | 410 |
| 87 | 8th | 1 bed | N/A | 415 |
| 88 | 8th | 1 bed | N/A | 400 |
| 89 | 8th | 1 bed | N/A | 482 |
80 x 1 Bedroom Apartment
£ 60,000
9 x 2 Bedroom Apartment
£ 80,000
Total Purchase Price
£ 5,520,000
Gross Rental Yield
10.1%
Net Rental Yield
8.0%
Net rental yield is assured for 3 years
Changing the face of Gateshead town centre for ever, the multi-million-pound Trinity Square has official opened.
Costing in excess of £150m, Trinity Square will create 1,100 jobs, accommodation for 1,000 Northumbria University students, a nine-screen cinema, health centre and 38 stores.
In the square before the opening with her family was Jeanette mossman, 60. She said: "It would be nice to see Gateshead get some boutiques. "A shopping centre like this was long overdue for people in Gateshead."
It's hoped the town's latest addition will revolutionise its economy, more than doubling the retail spend in Gateshead and catapulting it 500 places up the national shopping destination rankings.
Council leader mick Henry said: "Over a quarter of a century of culture-led regeneration has directly created the confidence and belief, both here and from investors, that has made the delivery of this project possible.
This development is a major quality-of-life improvement for the people of Gateshead, with its high-quality public spaces together with the creation of a new vibrant and diverse evening economy."
Built on the site of the infamous Get Carter car park, it took more than 4,000 tradesman 37 months to bring Trinity Square, with its flagship Tesco Extra store, to fruition
Travel Information.
Walking Distance:
Gateshead Central <5 minutes
Gatehead Millennium Bridge 20 minutes
Newcastle City Centre 30 minutes
Newcastle University 40 minutes
By Car:
Newcastle City Centre 10 minutes
Newcastle University 12 minutes
Sunderland City Centre 30 minutes
Durham University 30 minutes
Nearest Local Train station: Gateshead metro (5 mins walk).
Nearest national Train Station: Newcastle (25 mins walk).
By train to London: Newcastle – London (3 hrs).
Disclaimer: Ground rent and service charge rates are provided for information purposes only and are subject to change and confirmation in the Contractual documentation provided on exchange and completion. Gross rental yield values are estimates and provided for infoirmation purposes only.
Fixed Return Underwriter - The Lettings Room
The Lettings Room Ltd provide a friendly, reliable and professional lettings and management service to the portfolio of properties within the ResInvest family. The Lettings Room Ltd provides the rental guarantees to properties purchased through ResInvest as a part of the lettings and management contract, giving investors a fully managed solution and a hands-off' income
Off-Shore Banking - GCEN
GCEN and its sister company, GCS are FCA regulated entities which provide payment and custodial services to ResInvest clients. GCEN offer a range of foreign exchange services which allow purchasers who are holding non-GBP to achieve attractive FX pricing and simple settlement. All funds that are held in e-wallets are held in a segregated Santander client account, where they are protected by the Financial Services Compensation Scheme (FSCS). Investment returns are paid directly into your e-wallet where they can easily be re-invested or withdrawn.
House of Commons Library Tackling the under supply of housing in England
Read More Please Click Here!
Department for Communities and Local Government Fixing our broken housing market
Read More Please Click Here!
The Government Northern Powerhouse Initiative
| Floor | Unit | Unit Type | Parking Bay | Unit Size | Unit Price | Availabilty |
| Ground | 1 | 2 Bed | Yes | 631 | £80,000 | Available |
| Ground | 2 | 1 Bed | Yes | 415 | £60,000 | Available |
| Ground | 3 | 1 Bed | Yes | 410 | £60,000 | Available |
| Ground | 4 | 1 Bed | Yes | 498 | £60,000 | Available |
| Ground | 5 | 1 Bed | Yes | 487 | £60,000 | Available |
| Ground | 6 | 1 Bed | Yes | 410 | £60,000 | Available |
| Ground | 7 | 1 Bed | Yes | 415 | £60,000 | Available |
| Ground | 8 | 1 Bed | Yes | 400 | £60,000 | Available |
| Ground | 9 | 1 Bed | Yes | 506 | £60,000 | Sold |
| 1st | 10 | 1 Bed | Yes | 482 | £60,000 | Available |
| 1st | 11 | 1 Bed | Yes | 400 | £60,000 | Available |
| 1st | 12 | 1 Bed | Yes | 415 | £60,000 | Available |
| 1st | 13 | 1 Bed | Yes | 410 | £60,000 | Available |
| 1st | 14 | 1 Bed | Yes | 433 | £60,000 | Available |
| 1st | 15 | 2 Bed | Yes | 569 | £80,000 | Available |
| 1st | 16 | 1 Bed | Yes | 410 | £60,000 | Available |
| 1st | 17 | 1 Bed | Yes | 415 | £60,000 | Available |
| 1st | 18 | 1 Bed | Yes | 400 | £60,000 | Available |
| 1st | 19 | 1 Bed | Yes | 482 | £60,000 | Available |
| 2nd | 20 | 1 Bed | Yes | 482 | £60,000 | Available |
| 2nd | 21 | 1 Bed | Yes | 400 | £60,000 | Available |
| 2nd | 22 | 1 Bed | Yes | 415 | £60,000 | Available |
| 2nd | 23 | 1 Bed | Yes | 410 | £60,000 | Available |
| 2nd | 24 | 1 Bed | Yes | 433 | £60,000 | Available |
| 2nd | 25 | 2 Bed | Yes | 569 | £80,000 | Available |
| 2nd | 26 | 1 Bed | Yes | 410 | £60,000 | Available |
| 2nd | 27 | 1 Bed | Yes | 415 | £60,000 | Available |
| 2nd | 28 | 1 Bed | Yes | 400 | £60,000 | Available |
| 2nd | 29 | 1 Bed | Yes | 482 | £60,000 | Available |
| 3rd | 30 | 1 Bed | Yes | 482 | £60,000 | Available |
| 3rd | 31 | 1 Bed | Yes | 400 | £60,000 | Available |
| 3rd | 32 | 1 Bed | Yes | 415 | £60,000 | Available |
| 3rd | 33 | 1 Bed | Yes | 410 | £60,000 | Available |
| 3rd | 34 | 1 Bed | Yes | 433 | £60,000 | Available |
| 3rd | 35 | 2 Bed | Yes | 569 | £80,000 | Available |
| 3rd | 36 | 1 Bed | Yes | 410 | £60,000 | Available |
| 3rd | 37 | 1 Bed | Yes | 415 | £60,000 | Available |
| 3rd | 38 | 1 Bed | Yes | 400 | £60,000 | Available |
| 3rd | 39 | 1 Bed | Yes | 482 | £60,000 | Sold |
| 4th | 40 | 1 Bed | Yes | 482 | £60,000 | Available |
| 4th | 41 | 1 Bed | Yes | 400 | £60,000 | Available |
| 4th | 42 | 1 Bed | Yes | 415 | £60,000 | Available |
| 4th | 43 | 1 Bed | Yes | 410 | £60,000 | Available |
| 4th | 44 | 1 Bed | Yes | 433 | £60,000 | Available |
| 4th | 45 | 2 Bed | Yes | 569 | £80,000 | Sold |
| 4th | 46 | 1 Bed | Yes | 410 | £60,000 | Available |
| 4th | 47 | 1 Bed | Yes | 415 | £60,000 | Available |
| 4th | 48 | 1 Bed | Yes | 400 | £60,000 | Available |
| 4th | 49 | 1 Bed | Yes | 482 | £60,000 | Sold |
| 5th | 50 | 1 Bed | Yes | 482 | £60,000 | Available |
| 5th | 51 | 1 Bed | Yes | 400 | £60,000 | Available |
| 5th | 52 | 1 Bed | Yes | 415 | £60,000 | Available |
| 5th | 53 | 1 Bed | Yes | 410 | £60,000 | Available |
| 5th | 54 | 1 Bed | Yes | 433 | £60,000 | Available |
| 5th | 55 | 2 Bed | Yes | 569 | £80,000 | Sold |
| 5th | 56 | 1 Bed | Yes | 410 | £60,000 | Available |
| 5th | 57 | 1 Bed | Yes | 415 | £60,000 | Available |
| 5th | 58 | 1 Bed | Yes | 400 | £60,000 | Available |
| 5th | 59 | 1 Bed | Yes | 482 | £60,000 | Sold |
| 6th | 60 | 1 Bed | Yes | 482 | £60,000 | Available |
| 6th | 61 | 1 Bed | Yes | 400 | £60,000 | Available |
| 6th | 62 | 1 Bed | Yes | 415 | £60,000 | Available |
| 6th | 63 | 1 Bed | Yes | 410 | £60,000 | Available |
| 6th | 64 | 1 Bed | Yes | 433 | £60,000 | Available |
| 6th | 65 | 2 Bed | Yes | 569 | £80,000 | Available |
| 6th | 66 | 1 Bed | Yes | 410 | £60,000 | Available |
| 6th | 67 | 1 Bed | Yes | 415 | £60,000 | Available |
| 6th | 68 | 1 Bed | Yes | 400 | £60,000 | Available |
| 6th | 69 | 1 Bed | Yes | 482 | £60,000 | Available |
| 7th | 70 | 1 Bed | No | 482 | £60,000 | Available |
| 7th | 71 | 1 Bed | No | 400 | £60,000 | Available |
| 7th | 72 | 1 Bed | No | 415 | £60,000 | Available |
| 7th | 73 | 1 Bed | No | 410 | £60,000 | Available |
| 7th | 74 | 1 Bed | No | 433 | £60,000 | Available |
| 7th | 75 | 2 Bed | No | 569 | £80,000 | Available |
| 7th | 76 | 1 Bed | No | 410 | £60,000 | Available |
| 7th | 77 | 1 Bed | No | 415 | £60,000 | Available |
| 7th | 78 | 1 Bed | No | 400 | £60,000 | Available |
| 7th | 79 | 1 Bed | No | 482 | £60,000 | Available |
| 8th | 80 | 1 Bed | No | 482 | £60,000 | Available |
| 8th | 81 | 1 Bed | No | 400 | £60,000 | Available |
| 8th | 82 | 1 Bed | No | 415 | £60,000 | Available |
| 8th | 83 | 1 Bed | No | 410 | £60,000 | Available |
| 8th | 84 | 1 Bed | No | 433 | £60,000 | Available |
| 8th | 85 | 2 Bed | No | 569 | £80,000 | Available |
| 8th | 86 | 1 Bed | No | 410 | £60,000 | Available |
| 8th | 87 | 1 Bed | No | 415 | £60,000 | Available |
| 8th | 88 | 1 Bed | No | 400 | £60,000 | Available |
| 8th | 89 | 1 Bed | No | 482 | £60,000 | Sold |
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