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Presenting Hadrian's Tower NEWCASTLE, NORTH EAST ENGLAND HADRIAN’S TOWER, NEWCASTLE PRESENTING HADRIAN’S TOWER Hadrian’s Tower is set to become the most sought after residential address in Newcastle. The prestigious development provides 26 storeys of prime, luxurious living in the heart of Newcastle. Hadrian’s Tower is bringing an iconic new landmark to the city, courtesy of local financial and property experts, The High Street Group. The world-class accommodation will encompass 162 one and two-bedroom apartments, a café, launderette, touchdown meeting spaces and exclusive Sky Lounge. The service offering is just as premium as the accommodation, with an on-site concierge, cleaning services, maintenance, resident support, Wi-Fi and high-speed broadband. Hadrian’s Tower offers a capital-city lifestyle in an outstanding Newcastle location, making it one of the most exciting UK investment prospects for 2018. In keeping with the development’s exclusive offering, the investment details offer an exceptional opportunity, with 5% interest on all exchange money throughout the 18-month build phase. Hadrian’s Tower provides an assured 7% NET yield for five years, with completion scheduled for Q4 2019/Q1 2020. This unique offering means that investors can benefit from a superb financial structure, as well as an outstanding development. HADRIAN’S TOWER, NEWCASTLE HADRIAN’S TOWER HAS BEEN DESIGNED WITH RESIDENTS’ EVERY CONVENIENCE IN MIND. The ultimate accommodation for urban tenants, the development offers luxurious homes backed up by comprehensive facilities. Such an offering would be at home in any capital city around the world, with developers The High Street Group seeking to make their mark on their home town. Superb apartments are complemented by outstanding shared facilities and social spaces at Hadrian’s Tower. The Sky Lounge offers an exclusive, laid back venue for rest, relaxation and entertaining, with the backdrop of the city skyline providing a stunning view. Meanwhile, the touchdown meeting spaces embrace the modern style of living and working and the café provides a warm, welcoming space that’s perfect for catching up with friends or colleagues. HADRIAN’S TOWER, NEWCASTLE ON LOCATION Hadrian’s Tower enjoys a premium city centre location, meaning that residents have access to the business and leisure facilities of this thriving city. Chinatown, St James’ Park and the O2 Academy are just a short walk away, while The Gate, Intu Eldon Square and the Theatre Royal are all easily reachable. Central Station is just 5 minutes’ walk from Hadrian’s Tower, ensuring that residents can benefit from superb connectivity via a primary rail connection. Views from the Sky Lounge and upper floors also encompass a number of famous local landmarks including Grey’s Monument, Tyne Bridge and Millennium Bridge. With such a superb location and quality build, Hadrian’s Tower is raising the game for residential accommodation in Newcastle. HADRIAN’S TOWER, NEWCASTLE PROPERTY HIGHLIGHTS World-class apartments, facilities and service Superb city centre location, perfect for business and leisure purposes Stunning Sky Lounge offering city skyline views Twin-aspect views in most apartments Café and touchdown meeting points provide a versatile environment Whole-house ventilation and sprinkler system protection in all apartments Superior support for residents including concierge, maintenance and cleaning services All apartments are wheelchair accessible GROSS VALUE ADDED (GVA) IS A MEASURE NEWCASTLE OF THE VALUE OF GOODS AND SERVICES INVESTMENT CASE PRODUCED IN AN AREA, INDUSTRY OR SECTOR. Newcastle upon Tyne 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. GVA per head grew by 15.6% – the second fastest rate in the UK. FAST FACTS - Newcastle sits on the bank of the River Tyne, in Tyne & £18.22billion £25million Wear. The Future Homes Fund is bringing £25m worth GVA 2015 - The city is the most populous in the North East and forms part of investment to the Newcastle and Gateshead of the 8th most populous urban area in the UK. housing markets between 2015 and 2018. - Newcastle is committed to the environment and is on track to 70.1% be a carbon neutral city by 2050. Employment rate (2015) - The city is the commercial and educational focus of North 38.99% East England. Newcastle enjoys a business start-up - Along with Gateshead, which sits opposite it across the River rate of 38.99 per 10,000 population. £44,536.77 Tyne, Newcastle is the cultural capital of the North East. GVA per worker (2015) - The North East Local Enterprise Partnership is bidding to be one of the national testbeds for 5G technology 131,600 - Newcastle’s population grew at a rate of 12% in the four Newcastle and Gateshead together make up Newcastle’s level of employment stood at years to 2016, to reach 298,250. the North East’s key employment area. They 131,600 as at February 2017 – the highest - Newcastle and Gateshead attracts around 2 million visitors are the main driver of city-region growth. rate since current records began in 2004. per year, with 9 out of 10 hotel rooms full every weekend - The Tyne and Wear Metro is the second largest rapid transport system in the UK A city willing to intervene to support the economy, with an ambitious investment plan, and active measures to support jobs and skills. A city large enough to sustain the facilities and services required by a modern economy and society; and yet NEWCASTLE small enough to be accessible and welcoming.” INVESTMENT CASE Councillor Nick Forbes, Leader of Newcastle City Council Newcastle is one of the only six No.1 Centres for Offshore Renewable £1.25billion Newcastle University is the top location for Engineering in England Newcastle and Gateshead’s tech sector is computer sciences in the country, supporting worth £1.25bn and have a projected growth the next generation of tech entrepreneurs to rate of 28% over the three years to mid-2019. flourish in the city. 114% Student numbers at the former have risen UK city centres have experienced an Sqm by over 70% since 2000 and by more increase in demand for housing since 512,000 than 114% at the latter. the millennium. Newcastle City Council’s Office Needs Study found that at least 512,000 square metres of office space would be needed by 2030 14,000 £205million In Newcastle, some 14,000 jobs are The North East region is benefitting from expected to be created by 2030. around £205m of European Regional £2million Development Funds between 2014 and 2020. £2 million is being invested in improving wireless access in Newcastle, along with £92million providing free WiFi networks in public and The city has an Accelerated Development Along with Gateshead, which sits opposite community buildings. Zone, with three key strategic sites it across the River Tyne, Newcastle is the attracting £92 million worth of investment. cultural capital of the North East. NEWCASTLE SALES & RENTAL MARKET SALES MARKET RENTAL MARKET Estimates suggest that Newcastle and Gateshead will need more than 30,000 additional homes in order to house their growing population of 6.92% pcm 500,000 people by 2030. £959 Rental yields in Newcastle range Newcastle has a current average from 4.89% to 6.92% depending on asking rent of £959pcm, according £206,258 <30,000 the properties’ size and location. to December 2017 data from Zoopla Newcastle had an average current Estimates suggest that Newcastle and property value of £206,258, according Gateshead will need more than 30,000 +25% Top 10 to Zoopla’s December 2017 figures additional homes in order to house their growing Chartered Surveyors has predicted A 2017 study flagged population of 500,000 people by 2030. that rents will increase by just over Newcastle as one of the top ten 25% in the coming years UK locations for rental yields. -1.0% CURRENT ASKING RENTS IN NEWCASTLE £1598 £1600 Newcastle, like many UK cities, has House 24.78% Apartment £1280 lower house prices currently than in Property values in the city have risen £1400 £1183 2007 – prices were 1% below 2017 by 24.78% over the past five years. £1200 £1053 values at the time of writing. £1000 £893 £771 £800 £689 £659 £600 £538 £400 £381 £ Price per calendar month £200 £0 1 Bedroom 2 Bedroom 3 Bedroom 4 bedroom 5 bedroom HADRIAN’S TOWER, NEWCASTLE LUXURY READY-TO-RENT FURNITURE PACKS AVAILABLE HADRIAN’S TOWER, NEWCASTLE WORLD-CLASS, CAPITAL QUALITY RESIDENCES LAND IN NEWCASTLE Hadrian’s Tower is leading the way in bringing a new style of urban living to Newcastle. Newcastle-based developer, The High Street Group, is looking to Hadrian’s Tower to be its flagship local project, showcasing the very best in contemporary residential accommodation. The innovative development will provide 165 apartments (54 one-bedroom homes - 106 two- beds and 3 three-beds) in an iconic, 26-storey tower that will add an impressive new element to the dramatic Newcastle skyline. HADRIAN’S TOWER, NEWCASTLE WORLD-CLASS, CAPITAL QUALITY RESIDENCES LAND IN NEWCASTLE Hadrian’s Tower is leading the way in bringing a new style of urban living to Newcastle. Newcastle-based developer, The High Street Group, is looking to Hadrian’s Tower to be its flagship local project, showcasing the very best in contemporary residential accommodation. The innovative development will provide 165 apartments (54 one-bedroom homes - 106 two- beds and 3 three-beds) in an iconic, 26-storey tower that will add an impressive new element to the dramatic Newcastle skyline. HADRIAN’S TOWER, NEWCASTLE A NEW VISION FOR NEWCASTLE The focus on quality during the conception and design of Hadrian’s Tower has never faltered.
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