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- Call: +44 (0) 161 337 3890
Investment Type: BUY-TO-LET
Est. Completion: Q3 2021
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
Location
Newcastle, United Kingdom
Price
N/A
Completion
Q3 2021
Rental Yield
Estimated yields of 7%
Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.
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
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.
Call our team today on +44 (0) 161 337 3890
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%.
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!
