High Street Residential offers chance to invest in 'luxury' Newcastle Hadrian's Tower apartments

A new residential development is now available to the North East through a local developer.

With around two thirds of the 162 apartments in the 27 storey Hadrian’s Tower pre-sold to institutional investors, High Street Residential will be hosting an event at Newcastle’s St James’ Park next month, for those closer to home that may be interested in buying.

It is set to showcase the one and two-bedroom homes available, as well as the three-bedroom penthouses and views the 83-metre-high building offers.

Gary Forrest, chairman of The High Street Group of Companies, which High Street Residential is part of, said: “For investors, the fact that the properties offer a guaranteed seven per cent yield is an attractive prospect.

“For those wanting to live in a vibrant, unique location, with simply stunning views, Hadrian’s Tower provides high rise living and world-class lifestyle.”

Hadrian’s Tower, Newcastle.

With plans for a sky lounge and smart technology, the tower could attract young professionals working in Newcastle’s high-tech, health and science businesses.

Champagne house Laurent Perrier has now signed up to partner High Street Residential in the sky lounge project and is working up designs with the developer for the facility, which will be known as Three 60.

This will also support smart security and energy management within the building, which aims to lower costs as well as carbon footprints. Also being considered are smart apps that will allow residents to hire cars or cleaning services.