Introducing Arc Avenue, Newcastle
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.
Development Snapshot
- 29 one- and two-bedroom units exclusive to IP Global
- Ideally situated near Gateshead Metro Station with vistas of the River Tyne
- Invest from as low as £23,000
Location
Worsdell Drive, Gateshead Newcastle
Bedrooms
1 / 2 bedroom units
LTV
Up to 70% LTV* (Subject to condition)
Completion
September 2021
Rental yield
Up to 7%
Size Range
From 474 sqft to 987 sqft
360° virtual viewings
Take a closer look at Arc Avenue through a virtual reality tour - Unit 35 Loft
Unit 38
Unit 9
Why Invest in Newcastle Property?
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.
21.7%
Regional Capital Growth Forecast (2020 – 2024)
110%
Rental Demand vs Rental Supply
863,000 (+7.4%)
Population growth to 2030
€43.8 BN (+83%)
Forecast GDP by 2035
A Closer Look At Arc Avenue
Thriving Education Prospects
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.
42,000
Newcastle Resident Student Population 2020
41%
Increase in Student Population since 2001
20,000
Newcastle International Student Population
The Resurgence of Newcastle
Famed for its industrial heritage and lively nightlife the city of Newcastle upon Tyne has evolved from its humble beginnings 2,000 years ago as a Roman settlement.
Let's take a look at some of the key initiatives and growth projects supporting the strong investment case for Newcastle’s real estate market.
What is in store for Newcastle beyond 2020?
Continue ReadingFinancing
Payment process
- 20% upon exchange of contracts
- 80% upon completion
*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.
Download Arc Avenue Investment Case
Explore Other Properties
Subscribe to the IP Global e-newsletter to receive updates direct to your inbox.