If you’re looking for the best place to invest in terms of affordability, convenience and excellent property value with an expected yield of 7-8%, look no further than Newcastle-under-Lyme property investment. The historic market town in Staffordshire is now being treated like a pot of gold by savvy property investors because of its competitive property value. Today, the average price for property in Newcastle-under-Lyme stands at £202,520. This is a rise of 0.35% in the last three months, since May 2021, and rise of 9.27% in the past 12 months.
Although prices have experienced a significant spike over time, they are still well under the national average house price though, so still considered excellent value for property investors.
The historic market town of Newcastle-Under-Lyme is generally a popular residential area and good for family and professionals because of its superb travel links and connectivity making it convenient to move around. Now that the HS2 is underworks smart investors are on the lookout for opportunities in Newcastle-Under-Lyme which will be an even more attractive and accessible spot upon HS2 opening in 2026.
Newcastle-Under-Lyme is a vibrant place to live, work and socialise. Newcastle-under-Lyme is a concoction of a vibrant centre for young people enjoying the bars and cafes and an ancient market town famous for not being Stoke on Trent. They have a thriving market bustling 6 days a week and the famous amusement park Alton Tower is just a stroll away.
It has become the most sought-after choice for students to study due to being the home of 3 top-notch universities: Keele University, Royal Stoke University Hospital and Staffordshire University, making the area's supply for student accommodation struggle to keep up with its ever-growing student demands.
An example of a premier development that can meet the need of the swelling population demands in the area is Marsh Box. It is a stunning new development of 27 one & two-bed apartments that have been designed to suit the lifestyle and needs of students, young professionals and investors alike. Located just a 10-minute walk from Newcastle-under-Lyme town centres, the development provides an excellent fusion of style and convenience.
Newcastle-under-Lyme Property Investment: Historical Background
Newcastle’s role as the historic trading centre of northern Staffordshire goes way back for almost 8 centuries. The town’s heritage can be seen in the built environment, which includes key assets such as the Guildhall and Lancaster Buildings. Today, it is still home to an outdoor market which continues to be an integral part of the town centre.
The area also has a strong coal mining heritage. The former Silverdale Colliery now provides a picturesque 83- hectare park admired by visitors all over the UK. In addition, Newcastle-under-Lyme has a unique place in the world’s cultural heritage as it well-known for being the birthplace of Philip Astley, widely hailed as the 'creator of the modern circus.'
Today, Newcastle-under-Lyme stands as a welcoming and ambitious town, enveloped by attractive green and wide, open spaces. The town has excellent road connectivity providing an opportunity for Newcastle-under-Lyme Property Investment to establish itself as a significant spot for employment, learning and leisure with a vast cultural and historical background..
Sustainability Potential and Future Prosperity
Newcastle’s connectivity with regenerations such as HS2 and West Midlands expansion on the way, budding sectoral strengths in growth areas including green energy, pharmaceuticals and biotechnology; cultural assets and strong educational institutions such as Keele University and Newcastle and Stafford College Group; leave Newcastle-under-Lyme property investment well-positioned to be a property investment hotspot for sustainability and prosperity in the future.
Employment and Jobs making Newcastle-under-Lyme a Top-Tier Property Investment Hotspot
The town of Newcastle-under-Lyme, consists of the Borough’s main retail market and its key economic centre that boasts a competitive abundance of employment and jobs. It has strengths in the financial and business services sector, including employers such as Knights PLC and RBS. Newcastle and Stafford College, Aspire Housing and the Royal Stoke Hospital are also major employers in the town. The employment and jobs arena in Newcastle-under-Lyme makes it a solid top-tier option for property investments today.
A Bustling Creative and Cultural Hub
Investments in a town’s cultural assets, as part of an integrated regeneration strategy, can rejuvenate places, lead to positive economic outcomes at a local level and attract tourists who will bolster local businesses. The creative economy can be a key element in driving Newcastle’s recovery from the Covid-19 pandemic, with the creative and cultural industries accounting for 1 in 11 UK jobs and 1 in every 8 UK businesses (94% of which are micro businesses)36.
The New Vic Theatre, as one of the country’s most successful independent producing theatres with an award-winning community and education programme, provides a strong foundation upon which to cement Newcastle’s reputation in this space and draw in both domestic and international visitors as a cultural hub with its world-class cultural offerings.
Newcastle-under-Lyme was the birthplace of Philip Astley in 1742, known as the ‘father of the modern circus’, and has successfully drawn on this heritage through initiatives such as a town centre trail that included both historical sites and brand-new art work.
Read more about our Newcastle-under-Lyme Property Investment Hotspot series below or if you’re interested in running through our Newcastle-under-Lyme new build developments chat with the the Gladfish team on 02079236100 or book a time.