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Arc Avenue

Newcastle, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q3 2021

One Bedroom Apartment

£135,500.00

Two Bedroom Apartment

£180,500.00

  • Prices from just £135,500
  • Walking distance to Newcastle city centre
  • 7% estimated rental yields
  • High local rental demand
Purchase Process

Investment Highlights

  • Prices starting from just £135,500
  • Estimated rental yields of up to 7%
  • Investor friendly payment plan
  • Construction underway
  • Mortgage options available
  • Perfectly located for young professionals working in the city
  • Developer with a proven track record
  • Easy access to all transport links
  • Phase one sold within 24 hours – extremely popular development

Investment Breakdown

  • Ground rent – 0.1% of purchase price
  • Service charge – estimated £1.20 per square foot
  • Rental yields estimated of up to 7%
  • 250 year leasehold

Market Key Facts

  • Newcastle is the eighth most populous urban arena in the UK
  • 14,000 new jobs estimated to be created by 2030
  • One of the far growing regional economies in the UK
  • Regional capital growth estimated to increase by 21.7% by 2024
  • Rental prices increased by 3.4% in 2019-20
  • Properties have experienced a 78% price growth since 2000 

Arc Avenue - Overview

Pure Investor are delighted to present Arc Avenue Phase 2, Newcastle Upon Tyne. Arc Avenue is a thoughtful refurbishment of a Grade II listed building located on the southern banks of the River Tyne.

Upon competion the development will be comprised of 58 high quality one and two bedroom apartments with a newly built extension to the eastern end. Close to Gateshead Metro Station, Arc Avenue is ideally placed to easily access Newcastle making it a popular rental location for young professionals working in the city.

Purchase Process

  • Reserve your unit with a signed reservation form and pay a non-refundable reservation fee of £2,500
  • 20% balance due on exchange of contracts
  • Remaining 80% due on completion


Arc Avenue - Key Points

Location

Location

Newcastle, United Kingdom

Bedrooms

Bedrooms

1 / 2 bedrooms

Price

Price

£135,500.00

Completion

Completion

Q3 2021

Rental Yield

Rental Yield

Estimated yields of 7%

Development Availability

PropertySizeBedroomsPriceEnquire
One Bedroom Apartment474 Square Foot 1£135,500.00Enquire
Two Bedroom Apartment556 Square Foot 2£180,500.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Arc Avenue - Location

Located in the N8 district of Newcastle, Arc Avenue is located close to the city centre of one of the UK's fastest-growing economies. Newcastle is famed for its industrial heritage and fantastic nightlife, now a centre of business, arts and sciences and as such many students and young professionals call the city home. 

With strong links to several other European cities, many tourists choose to visit Newcastle every year to take advantage of the cities shopping, museums, nightlife and range of diverse restaurants.

Nearby Amenities

  • Newcastle Castle - 12 min walk
  • Gateshead Metro Station - 13 min walk
  • Newcastle train station - 18 min walk
  • Utilita Area - 22 min walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Newcastle

In 2018 Newcastle's GBD equated to £23.5 billion, which has seen an increase of 37% since 2000. This is only estimated to increase by a further 83% to £39.6 billion in 2035. Average GDP per capital has risen 10% since 2015, reaching over £47,000 in 2019.

All of this and more has made residential property investment in Newcastle very attractive, with city centre post codes coming in at an average price of just £174,449 (Zoopla). However there are plenty of locations around Newcastle that are proving to be very popular with buyers – and even more popular with investors, with yields starting from around 5% and reaching highs of 10%.

  • 2 established universities 
  • 61,000 students
  • 41% increase in student population since 2001
  • Planned £600 million investment 
  • 74000+ jobs created since 2015
  • Employment estimated to grow by 25000 by 2024 

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

Related News & Development Information

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