The region is made up of three areas; Tyne and Wear, County Durham and Northumberland.
Towns and cities across the region have benefited from major regeneration projects, including Newcastle, the North East’s biggest city. Newcastle Helix aims to bolster the city’s position as a hub for innovation and business.
The North East offer investors a great combination of low property prices, strong rental yields and impressive capital growth.
Property prices in the North East are significantly lower than in other regions across the UK.
According to Office for National Statistics (ONS), average house prices in the North East are £163,731, compared to the UK average of £294,000.
In the 12 months to December 2022, house prices in England increased by 10.3%. Meanwhile, the North East saw the average property prices in the region increase by 11.7%*.
Rental yields are also extremely competitive with other UK regions.
*Based on ONS UK House Price Index data from February 2023.
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Why choose Holborn Property?
As an introducer and facilitator, we connect clients with professionals who can support you throughout the property purchase process.
Purchase
We can introduce you to mortgage providers, solicitors, and other specialists to help navigate the purchase process
Rent
Once your purchase is complete, we can connect you with property management professionals who assist with rental arrangements
Maintain
We can introduce you to property maintenance specialists who can help manage your investment hassle free
Sell
If you decide to sell, we can facilitate introductions to relevant professionals who can assist you through this process too!