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Investing in the Newcastle Real Estate Market
Investing in the Newcastle real estate market offers, buy to let investors the opportunity to enter the UK’s property market at a lower price point than in comparable Northern Powerhouse cities.
Those considering a Newcastle property investment will be pleased to know that property values and rental returns in the city are set to climb over the next 5 years, making it an ideal location to consider for property investment.
In the five years to 2021, the average value of a property in Newcastle has risen by 20.5% and, when it comes to the future of Newcastle property investment, buyers still have a lot of growth potential on offer, with the most recent forecast from Savills illustrating that average property value stands to climb by 20.5% by 2025.
When it comes to Newcastle’s rental market, investors have benefitted from higher than average rental returns as rents in the North East region have increased by an average of 4.6% in the year to June 2021.
As a whole, Newcastle presents a fantastic opportunity for investors due to the continued investment in the city’s infrastructure, universities and business district, with solid price growth predicted for property values and increasing rents bolstering strong returns.
If you would like to learn more about the Newcastle property market, please click on the ‘book now’ link below, and I look forward to talking to you all very soon!
Chris Hynes Calendly - Book Now
Wealthi UK - https://www.wealthi.com.au/uk