Key features
- Investment opportunities
- 33no x 1 and 2 bedroom apartments
- Split over three apartment blocks
- Popular residential location
- Close to local amenities
- Available in whole or in part
- 1 mile from A69
- 1.8 miles from A1(M)
- 4 miles from Blaydon Train Station
- 4.6 miles from Newcastle International Airport
Description
OPPORTUNITY
Bradley Hall is delighted to be appointed to market this residential investment opportunities in Lower Callerton, Newcastle upon Tyne. The scheme comprises 33no x 1 and 2 bedroom apartments within three apartment blocks which are available in whole or in part, providing three separate opportunities.
LOCATION
The subject properties are located within Abbey Heights in Lower Callerton, Newcastle upon Tyne. Abbey Heights is a popular Bellway development of 2, 3, 4 and 5-bedroom houses and apartments which is situated approximately 5 miles west of Newcastle upon Tyne city centre, 1 mile west of Chapel House, 3 miles north of Ryton and 5 miles south of Newcastle International Airport.
The site benefits from being within close proximity to local amenities including Barbondale Park, Tesco, The Engine Inn and The Pizza Masters, and schools including Walbottle Academy, Knop Law Primary School and Milecastle Primary School. The Metrocentre is also less than 5 miles away.
Abbey Heights is located just off A69 main road which connects Newcastle upon Tyne city centre to the east and Carlisle to the west. Abbey Heights is accessed from the west by North Walbottle Road which is the main road between the A6085 in Newburn and B6324 in Westerhope. The A1(M) is just 1.8 miles away.
DESCRIPTION
The scheme comprises 33no x 1 and 2 bedroom apartments within three apartment blocks which are available in whole or in part, providing three separate opportunities.
Opportunity 1
An apartment block comprising 9no x 2 bedroom apartments, arranged over ground, first and second floors. Expected completion is August/September 2023, with a handover time of October 2023.
Opportunity 2
An apartment block comprising 3no x 1 bedroom apartments and 9no x 2 bedroom apartments, arranged over ground, first and second floors. Expected completion is April 24 with a handover time of May 2024.
Opportunity 3
An apartment block comprising 3no x 1 bedroom apartments and 9no x 2 bedroom apartments, arranged over ground, first and second floors. Expected completion is December 24 with a handover time of January 2025.
TENURE
The sites are sold freehold with vacant possession.
TERMS
We are instructed to invite offers for our clients freehold interest. Offers are sought in writing, for each opportunity individually or as a whole, by 12 noon on Friday 3rd March 2023.
Our client does not have to accept the highest nor any offer submitted to the agent.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall on this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
VIEWING & FURTHER INFORMATION
For all enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 232 8080
Email: [email protected]
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