Adderstone Group

Rialto Penthouse Apartments

 

 

Sector
  • Residential
Practical Completion July 2016
Address Rialto, Melbourne Street, Newcastle upon Tyne, Tyne and Wear, NE1 2JR
Construction Contractor Taemar Ltd (formerly Adderstone Construction Ltd)
Project Architect Ainsworth Spark Associates
Marketing Info

All penthouse apartments are available to purchase.

Please contact Philippa Gray for prices, to arrange a viewing or for further information on 0191 269 9948 or philippagray@adderstonegroup.com 

Rialto apartments - investment opportunity

In July 2016, Adderstone Group delivered four 4-bed apartments on the upper levels of Rialto Building in Newcastle upon Tyne. These impressive penthouses are popular with students and young professionals and are currently for sale individually or as part of a portfolio purchase.

In July 2016, Adderstone Group delivered four 4-bed apartments on the upper levels of Rialto Building in Newcastle upon Tyne. These impressive penthouses are popular with students and young professionals and are currently for sale individually or as part of a portfolio purchase.

 

Rialto is one of Newcastle’s most impressive, purpose built apartment blocks. Situated within a sought-after location, sandwiched between the famous Newcastle Quayside and Northumbria University.  

Four brand new and impressive four-bedroomed penthouse apartment were completed in July 2016 by Adderstone Group's dedicated construction company, Taemar Limited, and are designed to appeal to owner occupiers or investors.

These penthouses have all been let for the 2016/17 academic year.

 

• Four four-bed apartments.

• Leasehold - 112 years remaining, expiry - 31 Dec 2128.

• Ground rent – £150 per annum.

• Double glazing.

• On-street parking.

• Completed July 2016.

• Price on application.

• Discounts for multiple purchases.

• Purchases can be structured around meaningful rental guarantees.

Rialto Penthouses

Adderstone Group's construction specialists Taemar Ltd, completed four new four-bed apartments on the roof of the Rialto Building in July 2016. The new apartments are attractive to investors and residents as they boast scenic views of Newcastle city centre and Quayside. Each of these penthouse apartments are fully fitted with modern fixtures and fittings, soft furnishings and televisions in living areas.

Rialto was purpose built in 2006 by Persimmon Homes, and comprises apartments of varying sizes. Located minutes from Newcastle’s successful universities, Rialto has always been a popular accommodation choice for students and young professionals, with its terrific location and breath-taking views. The building also has an added advantage of underground parking.

 It is situated within 200 metres of the campus of the University of Northumbria, 300 metres from the Millennium Bridge at the heart of Newcastle Quayside and 350 metres from professional offices on the famous Grey Street in the city centre.

Rialto is also in the same quarter as a number of high quality purpose built student blocks including Manor Bank, Knoll Court, Anolha House and Liberty Quay Halls of Residence.

The influx of students and young professionals into the surrounding area has encouraged many shops, amenities and cafés to open up in the locality. A popular café, Made Deli, is located within the ground floor of the Rialto building and a short distance away is the popular bistro bar, ‘Nancy’s Bordello’.

The Metro train network is accessed via Manors Metro Station, located 100 metres from Rialto, offering access across the city, into Gateshead, Newcastle Central Station and out to the coast. Newcastle Central Station is just over half a mile away, giving direct access to the East Coast mainline, with regular train services running directly to Edinburgh and London, as well as many other stations across the UK.

Newcastle International Airport is 7 miles away from Rialto and easily accessible by Metro and car, providing access to over 80 destinations worldwide.

The A1 & A19 motorways run straight past Newcastle upon Tyne creating easy car access from the North and South.

Access to the West is provided through the A69.

Ongoing development by Adderstone Group's dedicated construction company, Taemar Limited has meant that four new four-bed apartments are now completed to a high standard.

The apartments are fully fitted with modern fixtures and fittings, soft furnishings and televisions in living areas. High speed wireless broadband connection is available in the area.

  • Integrated washer / dryer

  • Electric, fan assisted oven

  • Four ring electric hob

  • Instant hot water system

  • Roller blinds throughout

  • Wood effect vinyl flooring with altro vinyl flooring in bathroom

  • Feature walls

All penthouse apartments are available to purchase.

Please contact Philippa Gray for prices, to arrange a viewing or for further information on 0191 269 9948 or philippagray@adderstonegroup.com 

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