Newcastle rents up 10.3% - what it means for your yield
2 minute read posted by The NGU Homes Team
📊 Landlord market update - Newcastle Rents in Newcastle have moved a lot faster than house prices over the past year. Average rent is up 10.3%, while house prices have risen a more modest 5.0% - and for landlords, that gap is...
What does a real buy-to-let refurb actually cost?
2 minute read posted by The NGU Homes Team
🔧 Refurb case study - Ferryhill We get asked this a lot by landlords: what does a refurb actually involve, and what does it cost in reality? Rather than give a vague answer, we thought we'd show you a real one. This is a...
Can I still evict a tenant under the new rules?
3 minute read posted by The NGU Homes Team
A landlord asked me this week: "Now that Section 21 has been abolished, can I still evict a tenant?" It's the question we're hearing more than any other right now. Yes. You can still evict a tenant. Section 21 is gone, but Section...
Gateshead - £50,000 property, 12%+ yield, and house prices up 6.9%
3 minute read posted by The NGU Homes Team
📊 Property market update - Gateshead We're currently marketing a two-bed flat in Gateshead at £50,000 - returning an estimated 12%+ gross yield. That's the kind of entry point that's genuinely rare anywhere in the country...
Should I increase the rent every year?
4 minute read posted by The NGU Homes Team
Should I Increase the Rent Every Year? If you haven't reviewed your rent in the last 12 months, you've probably lost over £500 this year. Possibly a lot more. Here's why that happens, what the law now says about it, and the...
Middlesbrough - two properties, both returning 10% yields, both available now
3 minute read posted by The NGU Homes Team
Two of the properties we're marketing in Middlesbrough right now are returning 10% gross yields. At £87,000 and £84,950, they sit well below the town average - and with rents up 7.8% in the last twelve months, ahead of the North...
Hartlepool - 8% yield, live right now
3 minute read posted by The NGU Homes Team
We're currently marketing a two-bed terraced property in Hartlepool at £85,000, achieving £575 a month. That's a gross yield of 8% - and it's exactly the kind of opportunity that shows why slower growth doesn't mean lower...
County Durham - four properties, yields from 8% to 10%
3 minute read posted by The NGU Homes Team
Right now we're marketing four properties across County Durham with gross yields between 8% and 10%. These aren't hypothetical examples - they're live opportunities, from £35,000 in Wingate to £99,950 in Kelloe. County Durham...
Darlington - house prices up 9.5%, more than 4x the North East average
3 minute read posted by The NGU Homes Team
Darlington is delivering a genuinely rare combination right now - house prices and rents are both rising faster than the North East average. If you haven't reviewed your rent in the last twelve months, there's a good chance you're...
Northumberland - prices and rents both rising, with the North East's second highest average house price
2 minute read posted by The NGU Homes Team
Northumberland continues to perform well for landlords and investors. House prices are up, rents are rising, and the county now has the second highest average house price in the North East - behind only Newcastle. Whether you...