Your guide to Property in Newcastle
Newcastle upon Tyne is a bustling city on the River Tyne, it’s the largest city in the northeast of England. Newcastle offers so much in terms of culture, with theatres, sports venues and eye-catching architecture. There are also multiple universities and hospitals so there is a great demand for quality accommodation.
It’s easily accessible and boasts a train station on the East Coast Main Line, as well as an airport to the north of the city. It's a commuter city to other places such as Gateshead and Sunderland.
You’ll get a good ‘bang for your buck’ as Newcastle is one of the most affordable cities in the UK. While it’s experienced some growth in property prices in the past years, however we feel more is imminent.
Thinking about selling or renting your property? Now is the time to book a market appraisal with one of our market experts. It is now a great time to either sell or let your property, with house and rental prices at an all time high we are inundated with great buyers and applicants waiting to find their perfect property.
According to Rightmove, Newcastle property prices have experienced significant growth over the past couple of years. Rising 15% (at the time of writing this in 2022) since the previous peak prices in 2019. The majority of properties sold in Newcastle during the last year were terraced selling for an average of nearly £200,000, with semi-detached properties averaging just over £210,000 and detached going for over £420,000.
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The unofficial student capital of the north! It offers a more ‘village style’ atmosphere but is still close to the city centre. Students flock here in their droves, there is high demand for both flats/apartments and terraced housing. Find Out More
This is extremely close to the bustling city centre and has close proximity to both universities as well. Rents are slightly lower when compared against Jesmond or the city centre, ranging from around £50-£130 per person per week. Find Out More
Another good location for students and property investors alike, it’s cheaper to buy and rent here. Although a little further out from the city centre it covers a large area and is well connected to the centre by bus and has a great selection of local amenities - rents range from around £35-£95 per person per week and there is a good stock of terraced properties. Find Out More
A little further away from the hustle and bustle of the city centre but easily commutable with excellent transport links including a couple of easily accessible metro links which lead to the city centre in a matter of minutes. Popular with young professionals as well as students. Rents range from around £55-£100 per person per week for students. Find Out More
Perfectly situated for medical students and medical professionals based at the Newcastle General Hospital, further out from the city centre however more affordable. Rents range from around £40 - £80 per person per week. Find Out More
Newcastle has many of the important fundamentals which you would expect from the largest city in the North, including universities, hospitals and significant employers coupled with strong transport links.
Newcastle offers the perfect balance between rental yield and capital gain. Please get in touch with us to discuss investment opportunities further.
Investment infoCounty Durham/North Yorkshire
0333 358 3676
info@mypropertybox.co.uk
Tyne, Wear & Northumberland
0191 212 0400
enquiries@mypropertybox.co.uk
