Located in the northeast of England, Northumberland boasts stunning coastlines, historic landmarks like Alnwick Castle, and charming market towns. It offers affordable property prices compared to nearby cities, strong rental demand, and a growing appeal for tourism, making it ideal for buy-to-let and holiday lets. With excellent transport links to Newcastle and Scotland, Northumberland combines tranquillity with accessibility—a great opportunity for investors seeking long-term returns.
Northumberland, NE24 is smashing it right now regarding property sales, doing way better than the national average. Over the last three months, prices here have jumped 1.6%, compared to just 0.6% nationally.
NE24 is on fire! This area’s sales prices are up 2.5% too, and sellers are making the most of this buzzing market.
Here’s a real example: we just sold a 2-bed terraced house for £89,500, which could bring in £600 pcm in rent. Deals like this are out there if you’re ready to dive in.
If you’re not looking at Northumberland for your next investment, you’re missing out.
The biggest driver of growth in Northumberland, NE24, though, is the rental market. It's up 5.4% over the last 3 months vs. 2.9% nationally.
NE24: A Red-Hot Investment Opportunity! 🔥
Wright Street, NE24: This 3-bedroom house was rented at £600pcm in 2022. Fast forward to 2024, and it's achieving an impressive £675pcm—a clear sign of growing demand.
Gladstone Street, NE24: A 3-bedroom house that rented for £500pcm in 2022 now commands £715pcm in 2024, reflecting significant rental growth.
Deleval Terrace, NE24: This is a 2-bedroom house that was rented for £540pcm in 2023 and now achieves £595 in 2024 showing a decent growth in rent value.
Why Invest in NE24?
With property values starting from £65,000 - £75,000 for 2 bedroom properties and £80,000 - £90,000 for 3 bedroom properties, NE24 offers an exceptional investment opportunity. Yields are as high as 10% combined with strong rental demand makes this area a hotspot for investors aiming for reliable returns and long-term growth.
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