stamp duty: £25,498
mortgage fees: £1,500
conveyancing fees: £4,000
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
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Famous for its industrial heritage and brown ale, the city has undergone powerful transformations since it began life as a Roman fort on Hadrian’s Wall in 122AD.
Dramatically changing skylines have been revolutionised through major regeneration leaving a demand for Newcastle buy to let. Driven by infrastructure improvements, inward investments, affordable housing and a growing demand for rental properties, prospective investors have recognised the city as a UK hotspot.
This city has a population of 300,00, the largest population in the north east region of England and it is the 8th most populous city in the whole of England. Newcastle also has access to over 1.7 million people within a 30 minute drive time.
Newcastle is notorious for its buzzing nightlife and was voted in the top three of Tripadvisor Travellers’ Choice Destination Awards for European Nightlife destinations. The Bigg Market and Quayside are at the heart of the pubs, bars and nightclub district and a wide variety of restaurants offering cuisines from across the globe. Newcastle also has a rich history of culture through the arts such as theatre, music venues, museums and galleries. Newcastle city centre has several major shopping areas, the largest of these being the Eldon Square Shopping Centre which boasts over 150 stores and services.
There are many job opportunities in Newcastle city centre and the economy includes many corporate headquarters in fields such as learning, digital technology, retail and tourism. Big employers such as Greggs, Virgin Money, EE, Npower and many more all have their headquarters here.
Manchester boasts one of the UK’s busiest housing markets so it’s no surprise that house prices in Manchester have grown more than anywhere else in the UK, beating the national average for five out of the six years since 2012.
A growing number of people are choosing to live in Manchester, with the population rising over threefold from 2001 to 2016. This trend is set to continue as the Northern Powerhouse gathers momentum with the city centre expected to reach 60,000 by 2027 - a tenfold increase.
Greater Manchester has the largest travel-to-work area of any conurbation in the UK outside of London, with 7 million people living within one hour’s drive of the city centre. There are more than 20 universities within one hour’s drive of Greater Manchester, with over 400,000 students.
The Greater Manchester area is home to many big corporations’ headquarters, as it is seen as the growing hub for business in the north west region and is known as the main regional centre for public services. Companies such as Google, BBC, The Co-Operative Group, Kellogg’s and Thomas Cook run large parts of their operations all from the heart of this buzzing city.
Birmingham is the second largest city in the UK and boasts a population close to four million and is still growing rapidly. This metropolitan city can be found in the West Midlands, around 120 miles north west of London.
Due to its central location within the country, Birmingham has fantastic travel routes via the motorway, rail and even canal networks. Major motorway routes such as the M5, M6, M40 and M42 all pass through Birmingham connecting it to all parts of the nation.
Also, soon to be home to the High Speed 2 rail link, which will stop at Birmingham’s Curzon Street railway station and offer a service to central London in under 50minutes as well as other routes around the country. Travelling around within the city couldn’t be easier as Birmingham has one of the busiest urban rail systems and urban bus systems outside of London, capable of taking you to any desired location in and around the city. Birmingham is home to many amazing job opportunities through many well-known employers, such as; National Express, Lloyds Banking Group, RBS, Whitbread, Jaguar and Rolls Royce to name a few.
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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