Newcastle is the cultural and commercial capital of the North East; something which is evident from its ever-growing population of urban and professional residents. The new generation of city dwellers is demanding more and more from their residences, aiming to seamlessly blend their working and social lives, as well as in corporate leisure activities from one convenient base.
In response to this demand, Surrenden Invest has presented a brand-new development, Hadrian’s Tower, which will showcase the best in contemporary residential accommodation available today in Newcastle. Designed and built by the financial and property organisation, The High Street Group, it is set to become one of the most sought-after residential addresses in Newcastle.
Hadrian’s Tower will offer a lifestyle of a standard rarely seen in the North East of England. It will consist of 26 storeys of prime living, located in the heart of the city, just off St. James’ Boulevard. With such a great location, Hadrian’s Tower will demonstrate that the sky’s the limit for residential accommodation in Newcastle.
The Tower has been designed with residents’ every convenience in mind. The 165 one- and two-bedroom apartments will share outstanding facilities and social areas. There’ll be a launderette and a café with adjacent meeting spaces and a Sky Lounge offering a laid-back venue for rest, relaxation and entertaining with panoramic views over the city centre. Individual homes will be spacious, bright and airy, with twin-aspect views from almost all apartments. The services will consist of an on-site concierge, cleaning services, maintenance, resident support, Wi-Fi and high-speed broadband.
“The Tower will offer a capital-city lifestyle in an outstanding Newcastle location, making it one of the most exciting living and investment propositions available in the UK this year,” commented Jonathan Stephens, MD of Surrenden Invest. The structure, which is set to become Newcastle’s tallest building is to be showcased at one of the world’s largest property events, MIPIM in Cannes next month (March 2018).
The position of Hadrian’s Tower will place it close to Newcastle’s Regeneration Zone. This means that residents will have direct access to the business and leisure facilities of the city. Chinatown, St James’ Park and the O2 Academy are just a short walk away, while The Gate entertainment complex, Intu Eldon Square shopping mall and the Theatre Royal are all within easy reach. Central Station is just 10 minutes’ walk from Hadrian’s Tower, ensuring that residents can benefit from superb connectivity via a primary rail connection.
Regeneration work in Newcastle is adding to the city’s already-impressive residential, commercial and cultural offering and the region is recognised as the commercial and educational focus of North East England, along with Gateshead, which sits opposite it across the River Tyne.
Newcastle enjoys one of the fastest economic growth rates of any city in the UK. In the five years to 2015, Newcastle’s total GVA grew by 18.5% – the third fastest rate in the UK and property values in the city have risen by 24.78% over the past five years. Hadrian’s Tower offers an exceptional investment opportunity, with 5% interest on all exchange money throughout the 18-month build phase. Hadrian’s Tower provides 7% NET RG after five years, with completion scheduled for Q4 2019/Q1 2020. This means that investors can benefit from a superb financial structure, as well as an outstanding development.
More information can be obtained at: www.surrendeninvest.com