𝗡𝗲𝘄𝗰𝗮𝘀𝘁𝗹𝗲 𝗟𝗮𝗻𝗱𝗹𝗼𝗿𝗱𝘀: 𝗧𝗵𝗶𝘀 𝗜𝘀 𝗬𝗼𝘂𝗿 𝗥𝗲𝗻𝘁 𝗩𝗮𝗹𝘂𝗲 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗳𝗼𝗿 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟰 - 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟰

Newcastle has a strong rental market, up 4.7% over the last 3 months compared to a national increase of 2.3% and a regional increase of 4.6%.

A few examples of properties where we have increased rent and let very quickly are below:

𝙉𝙀6 - HMO on Heaton park road let at £525 for a room which is a record high and this has gone within 17 days, quicker than Rightmove's 20 day average.

𝙉𝙀5 - Silverhill Drive, Fenham we increased the rent from £450 to £720 which is insane growth and this took 3 days to let!

𝙉𝙀5 - Hedgehope Road - This is a 3 bed terrace, let within 12 days at £850pcm

If you look below, the best areas to invest in a property for the rental increase would be:

𝙁𝙚𝙣𝙝𝙖𝙢

𝙆𝙚𝙣𝙩𝙤𝙣

𝘾𝙤𝙬𝙜𝙖𝙩𝙚

𝘽𝙡𝙖𝙠𝙚𝙡𝙖𝙬

You can pick up a 2/3 bedroom house for around £95k which will rent for £775 - £850+ pcm.

At NGU Homes, we pride ourselves on our comprehensive understanding of the local sales market and our commitment to maximizing returns for our landlords.

If you’re interested in valuing your property for rent, we have a user-friendly instant valuation tool, where you can receive an estimate of your property's value / rent within minutes.

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