Property in United Kingdom

Apartment in Gateshead, United Kingdom

ResInvest are pleased to offer this development of 89x apartments consisting of 80 x 1 bed and 9 x 2 bed apartments. All recently refurbished to a high standard in this refurbished office building.

The building is located off Gateshead Highway, with direct access to Newcastle city center. Excellent development, located close to all local amenities, including schools, hospitals and the many bars, shops and restaurants that the city has to offer.

Profitability: 8 NET for 3 years guaranteed (signed by a third-party management company www.thelettingsroom.co.uk)
Valuation of capital: sold at 10-15 BMV (below market)
Management: Fully Managed by The Letting Room (capital investment)
Property: 125 years of rental
Stamp Duty: only 3 for each unit (taxes for Manchester / London range from 8-13)
Practical Completion: Q1 2018
Additional benefits: Online portal (to ensure easy sales through our internal network of investors around the world)

Changing the face of the city center of Gateshead forever, the multimillion square Trinity Square opened. With a cost of more than £ 150 million, Trinity Square will create 1,100 jobs, housing for 1,000 students at the University of Northumbria, a movie theater with nine rooms, a medical center and 38 shops. Jeanette Mossman, 60, was in the square before the opening with her family. She said: “It was nice to see that Gateshead received several boutiques. “A mall like this has long been brewing for people in Gateshead.” We hope that the latest addition to the city will revolutionize the economy, more than double the cost of retail in Gateshead and catapult 500 places in the ranking of national shopping centers. Council Leader Mick Henry said: “For more than a quarter of a century of culture-based regeneration, it has directly created confidence and confidence, both here and among investors, which made this project possible. “This development is an important improvement in the quality of life for people in Gateshead with its high-quality public spaces, together with the creation of a new vibrant and diverse evening economy.” 122305
Specifications
Property type:apartment
Property condition:period / existing

ID: 122255 30.11.2017

  • 39 sq. m
  • 1 bedroom
67 410 €
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500 m
2000 ft

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