Over 20 distinct building plots and six residential plots are set to be revitalised creating an estimated 4,000 jobs, uniting the industry through industry leaders using their first-class research and educational facilities across prestigious residential and commercial space.

The creation of five avenues, three cross streets and three state of the art public realms deserve to be explored on foot, with the intertwining streets celebrating the contrast between the past and the future, keeping sustainable planning at the heart of the project.

For investment opportunities, Newcastle Helix offers one of the largest city-centre developments of its kind in the UK. This development is primed for investment and growth. Thirty-seven bespoke commercial, retail, leisure and residential plots are available to ensure the best possible return on investment – an ideal space for investors to build their portfolio in Newcastle property investment.

Newcastle Helix constitutes as part of a strategic Accelerated Development Zone. With a strong vision for the future in terms of development, it has been recognised as a key economic asset of North East England, boosted by the Government’s investment within the city.

Professional services such as banking, finance and insurance dominate the city with all of the ‘Big Four’ professional service companies operating in Newcastle, employing around 1,300 staff.

‘The Big Four’ refers to the four largest accounting firms in the world. Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young and Klynveld Peat Marwick Goerdeler (KPMG), all provide unbeatable employment opportunities, diverse job prospects and high calibre career developments, a perfect starting place for numerous graduates from Newcastle University and Northumbria University.

Employing over 130,000 people in over 17,500 companies, the professional service companies across the city are thought to generate around 25% of the region’s total wealth. Over 30,000 students across Newcastle are studying related fields, accumulating a strong talent pool with skills that can be applied to meet the burgeoning sector’s needs.

Digital and tech companies setting up base in Newcastle are set to benefit from the high calibre talent pool brought by two world-class universities, teamed with strong social networks and a faultless support system, the city’s immeasurable links with external organisations provide the opportunity to locate in high-spec creative hubs.

Overall, the city’s tech sector is worth almost £1 billion and is overtaking the rest of the economy with the industry growing 2.6 times faster and job numbers rising five times as quickly. This has triggered young professionals and millennials to occupy the, leaving Newcastle property an attractive asset for investors looking to capitalise on the digital tech boom. Not only is the city’s tech sector flourishing currently, but it is expected to continue the trend, with a predicted growth of 28% to the middle of 2019.

Secondly, Newcastle University Institute for Ageing is the largest facility of its kind in Europe, with a clear objective to bring together a combination of public, research and business insights to help produce strategic solutions for the emerging market created by demographic change. Newcastle University has been awarded £20 million by the government in order to establish the National Centre for Ageing Innovation.

Pharmaceutically, the North East is a major contender in leading this industry with an established pharmaceutical cluster. Accounting for £632 million of the region’s GVA, Newcastle upon Tyne Hospital NHS sits at the top of numerous tables for the fourth consecutive year, undertaking a plethora of clinical trials, recruiting just shy of 12,500 patients.

Universities

Holding a global reputation for academic excellence, the strong credentials from Newcastle’s universities provide an excellent source of next-generation businesspeople to strengthen the city across the forthcoming years.

Newcastle University has a student population of around 17,000 undergraduates and 6,000 postgraduates and has been ranked one of the best in the world according to QS World 2016 world rankings which saw it in the top 1% of universities worldwide. Therefore, it is no surprise it has one of the highest graduate retention rates in the UK at around 30% compared to its northern counterparts sitting fewer than 16%, strengthening the potential for Newcastle buy to let.

Infrastructure

Historically, during the Industrial Revolution of 1750-1850, the heavy industry thrived across Newcastle serving as a suitable base for building ships and steam trains that powered the era. The momentous industrial expansion lead to a significant boost in population as it rose from 87,784 in 1851 to 266,671 in 1911. As a result, affluent suburbs began to appear on the outskirts of the city centre, due to advancements in railways and tramways and the population has experienced a major spike ever since, strengthening the opportunity for Newcastle property investment. It is no surprise that Newcastle has ranked 5th amongst the top cities in the UK for infrastructure performance.

The Castle in Newcastle is a medieval fortification built on the fortress that gave the city of Newcastle its name. The sole purpose of the castle dates back to the Roman era when it was used for defence to guard the bridge over the River Tyne as part of Hadrian’s Wall.

In the present day, the most prominent remaining structures on the site are the Castle Keep which stands today as a Grade I listed building, the castle’s main stone tower, and its fortified gatehouse.

Re-newcastle Programme

‘Re-newcastle’ is the council’s industrious programme delivering the biggest transformation of the city’s infrastructure in over a generation by advancing national and international transport links. The last big investment on roads was over 30 years ago, therefore the issues in the network need to be rectified as it struggles to cope with the volume of traffic.

Newcastle City Council have secured around £60 million to invest in highways infrastructure, helping to enhance the current transport system so it meets the high standard set by the vibrant 21st century.

Due to increasing demands, property prices in Newcastle have soared rapidly. Over the past 20 years there has been a price growth of 224.6% and in the last five years by 20.49%.

This distinctive increase has led to a notable surge in demand over the past five years, teamed with the projections of future needs, the relatively low entry points present prosperous opportunities for investors looking to secure residential developments through Newcastle buy to let schemes between now and 2030.

Across the North East, homeownership levels have declined over recent years and household income has been concluded as one of the fundamental determinants in the ability of households to access homeownership or the private rented sector.

Rental Yields and House Prices

The North East boasts a multitude of hidden gems within the property market, particularly within Newcastle buy to let. Fuelled by affordable housing and a heavy demand for rental properties, prospective landlords are now, more than ever, considering Newcastle property investment when looking to embark on a new property venture.

Although capital appreciation across Newcastle buy to let has started to decelerate, this has kept housing affordable following steady increases throughout the previous five years, creating an unmissable opportunity to build up their portfolio and diversify rental income from Newcastle property investment.

Research from Totally Money states that university cities have some of the highest rental yields on offer, with Newcastle property taking the position as one of the top performers. Due to a strong influx of students arriving each year, landlords have a plethora of students to choose from which ultimately reduces the likelihood of void periods. NE6 ranks sixth for Newcastle buy to let with an average yield of 9.48%. Situated only a couple of miles away from Newcastle University it secures itself as a viable buy to let hotspot to invest in Newcastle for student accommodation.

With healthy student numbers each year, investors are drawn to capitalising on properties for sale in Newcastle for assured rental yields and the potential for full occupancy. Students are often seeking higher quality living meaning that rent figures can be significantly more during term time.