WHY THE NORTH EAST FOR PROPERTY INVESTMENTS?
Regions that are well-suited to delivering lucrative buy-to-let property investment opportunities generally exhibit two key characteristics: low purchase costs and high rental demand. Few parts of the UK can claim these characteristics more strongly than the North East, which is why it has consistently featured at or near the top of the UK’s ‘best places for buy-to-let’ list.
And according to new figures released by the National Landlords Association, things are set to improve further in the region. With rental yields across the North growing by 4.8% over the last year, the proportion of existing landlords in the North East looking to buy more homes in the region over the next three months has doubled to 19% since last year.
Figures from the Association of Residential Letting Agents (ARLA) also show demand for North East rental properties rising by 17% between January and February of this year, with the average house price in the North of England continuing to be over £150,000 less than an equivalent property closer to the capital, adding to the region’s appeal to investors.
And finally, the Office for National Statistics (ONS) has recently released data showing that the vast majority of the North East is currently experiencing 30-year lows when comparing rental costs as a percentage of incomes whereas, in the South of England, it’s running at a 30-year high.
STREAMLINED SOLUTIONS FOR A STRESS-FREE HOME SALE EXPERIENCE
Seeking a hassle-free home sale? We prioritize a smooth, stress-free process. Whether you’re relocating, downsizing, or in need of a quick sale, we’re here to assist.
Why Opt for NEPI?
- No Realtors, No Fees: Wave goodbye to hefty agent commissions and hidden costs. Our process is transparent, free from surprise expenses.
- Swift, Guaranteed Offers: Need a rapid sale? We deliver guaranteed offers within 48 hours, ensuring peace of mind and certainty.
- Effortless Process: We ensure a seamless experience from start to finish. No convoluted paperwork or prolonged negotiations – just a straightforward sale.
- Zero Stress, Zero Hassle: Selling a house can be overwhelming, but it doesn’t have to be. With Buy My House, we handle the intricacies, allowing you to focus on what truly matters.
Here’s a seamless rundown of our process:
Valuation: Call us at 0191 716 1670 or conveniently submit your details through our Valuation form below.
Offer: Our advanced valuation software, linked to a comprehensive sales database, accurately determines your property’s present-day market value. Within 24 hours of receiving your property details, we’ll extend an offer. Rest assured, there’s no charge for this offer, and no pressure to accept. Even if we can’t present an offer, we’ll provide valuable insights.
Sale: Upon accepting our offer, an independent solicitor will be appointed – our treat. You’re welcome to use your preferred solicitor. Relax as we handle the process. We’re committed to swiftly “exchange” and “complete” on your property, with funds typically transferred within a week. Your peace of mind is our priority.
11 Riverside Studios
Newcastle Upon Tyne
Tyne and Wear