Summary - 3, HADRIANS TOWER, RUTHERFORD STREET NE4 5BJ
1 bed 1 bath Apartment
Immediate income with rooftop amenities and concierge in a central location.
Tenanted until February 2026, producing £1,300 pcm income
Gross rental yield approximately 8.21% (immediate income)
247 years remaining on long leasehold
Secure entry, concierge, lift access and rooftop bar on site
Modern open-plan kitchen, integrated appliances, large windows
High annual service charge £3,062.87 and ground rent £237
Electric room heaters (no gas central heating) — potential running costs
Located in higher-crime, deprived city-centre neighbourhood
This third-floor one-bedroom apartment in Hadrian's Tower is presented as a clear buy-to-let opportunity in Newcastle city centre. It is currently tenanted until February 2026, producing £1,300 pcm and a gross yield of 8.21%, giving immediate income for an investor without void risk.
The apartment delivers a modern open-plan living space with integrated kitchen appliances, Karndean flooring and large windows. Residents benefit from secure entry, lift access, on-site concierge, and access to the building’s rooftop bar — features that help sustain rental demand from young professionals and students.
Known downsides are factual and material: an above-average annual service charge of £3,062.87 and a small ground rent of £237. Heating is by electric room heaters rather than gas central heating, and the property sits in a higher-crime area, which may affect long-term tenant profiles and insurance costs.
The flat is leasehold with approximately 247 years remaining, and council tax sits at Band D. For an investor seeking immediate yield from a centrally located, low-maintenance rental, this apartment offers strong cash flow and easy tenant recruitment; buyers should budget for service charges and confirm all lease details and tenancy arrangements before purchase.
2 bedroom apartment for sale in Rutherford Street, City Centre, Newcastle Upon Tyne, NE4 — £260,000 • 2 bed • 1 bath • 646 ft²
2 bedroom apartment for sale in Rutherford Street, Newcastle Upon Tyne, NE4 — £215,000 • 2 bed • 1 bath
1 bedroom flat for sale in Hadrians Tower, Newcastle upon Tyne, Tyne and Wear, NE4 — £189,000 • 1 bed • 1 bath
2 bedroom apartment for sale in Hadrians Tower, Rutherford Street, Newcastle upon Tyne, NE4 5BT, NE4 — £240,000 • 2 bed • 1 bath • 602 ft²
2 bedroom apartment for sale in Hadrians Tower, Rutherford Street, Newcastle Upon Tyne, NE4 — £240,000 • 2 bed • 2 bath • 683 ft²
2 bedroom apartment for sale in Hadrian's Tower, 27 Rutherford Street, Newcastle upon Tyne, NE4 , NE4 — £211,087 • 2 bed • 2 bath • 746 ft²
