Set idyllically on the southern banks of the River Tyne, just a short walk from Gateshead Metro Station, you’ll find Arc Avenue.
Arc Avenue is a thoughtful refurbishment of a Grade II listed building, comprised of 58 high-end one- and two-bedroom apartments. The contemporary renovation coupled with easy access to Newcastle City Centre make it particularly popular for young professionals looking to rent. With yields of up to 7%, don’t miss out on this opportunity for strong returns.
A booming economy and strong population growth remain the primary drivers of Newcastle’s housing market, underpinning steady property price growth. The location, however, maintains its reputation as a pocket-of-value for property investment in the UK, with an affordability ratio of 6.57 less than half that of London at 15.83.
Newcastle operates as an international centre for education. The city itself is home to two universities, hosting circa 42,000 higher education students between them. Furthermore, within 1 hours drive of the city, there are a total of five world class universities, which bring the regional student numbers to 100,000.
Over 36% of students choose to remain in Newcastle upon completing their degree. Newcastle’s students play an important role in the future economic and job growth in the region, further attracting major firms and drawing inward investment to the city.
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