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Where to invest in the North East of England

Apr 18, 2021
North East town

The North East is a vibrant, diverse part of the UK. There are lots of exciting towns, cities and villages which boast huge appeal among homebuyers. This means there are plenty of hotspots when it comes to North East property investment, five of which we’ve taken a look at below.

Key Takeaways

Durham: A historic city known for its cathedral and university, offering picturesque living and vibrant local culture. Key developments include Burton Woods and Merrington Park.
 
Newcastle: The largest city in the North East, known for its cultural scene and business opportunities. Ideal for both residential and buy-to-let investments. Notable development: City Edge.
 
Sunderland: A coastal city with a strong industrial heritage, now a hub for the automotive and tech industries. Key development: Cherry Tree Park in Ryhope.
 
Middlesbrough: An industrial hub close to beautiful countryside, offering a mix of urban and rural living. Key development: Grey Towers Village.
 
Stockton-on-Tees: Known for its period architecture and industrial heritage, featuring the UK’s widest high street. A property hotspot with diverse investment opportunities.

Newcastle-upon-Tyne and Gateshead:

These vibrant cities offer excellent investment opportunities.
Newcastle, with around 292,000 residents, is a hub for culture, education, and business.
The wider Tyne area, including Gateshead, boasts a population of approximately 1.65 million.
 
North East Investment Zone (NEIZ):
A £160 million program focused on clean energy and green manufacturing.
Key sectors include offshore and renewable energy, electric vehicle and battery manufacturing, and low-carbon materials and research.
Four sites within the NEIZ: Blyth Energy Central, River Tyne Economic Corridor, International Advanced Manufacturing Strategic Site (IAMSS) in Sunderland and South Tyneside, and NETPark (North East Technology Park) in County Durham.
Expected to create at least 4,000 jobs and secure £3 billion of private sector investment.
 
3. Manchester (Outside the North East):
Regarded as England’s second city and a major international business hub.
Part of the Northern Powerhouse, Manchester offers significant investment potential.

Durham

A characterful city packed with history and culture, Durham is among the most popular places to live in the North East. Famous for its spectacular cathedral and world-leading university, there’s even more to love about Durham when you choose to buy a home here. From strolling the picturesque banks of the River Wear to diving into independent boutique stores around Market Place and inside Markets Courtyard, there’s plenty to keep you busy. Now is as good a time as any to invest in this area, which you can do when you buy a new build home on either our Burton Woods or Merrington Park development.

Newcastle

A true giant of the North East, Newcastle is the region’s biggest city and an exciting hub for both business and leisure. Part of Tyne and Wear and home to the famously welcoming Geordies, the city is a hotbed of culture and a great place to live for people of all ages. This makes Newcastle ideal for investing, whether you’re looking to put down roots in the city or think one of its vibrant neighbourhoods could make for the perfect buy-to-let property. Don’t miss our City Edge development just to the north east of the city centre, where you’ll find a superb collection of 2, 3 and 4 bedroom homes.

Sunderland

A local rival to Newcastle in many respects, Sunderland sits at the mouth of the Wear where the river flows into the North Sea. Originally a port city, Sunderland has been reborn as a hub for the automotive industry as well as the science and technology sector. Famous for its football team, Sunderland lets you enjoy a lifestyle by the coast while having plenty of urban amenities on your doorstep. Our Cherry Tree Park site in Ryhope offers excellent access to the Durham Heritage Coast, and is less than four miles from the centre of Sunderland.

Middlesbrough

Located close to where the region borders the northern edge of Yorkshire, Middlesbrough is a busy industrial hub yet sits a stone’s throw from beautiful countryside. From the bars and restaurants in the centre to the charming villages at its outskirts such as Yarm, there’s lots of variety among properties here. You can snap up some beautiful 3 and 4 bed homes on our Grey Towers Village development, which is located off a quiet leafy lane and set among mature trees and walking trails.

Stockton-on-Tees

Sitting on the opposite bank of the Wear from Middlesbrough, Stockton is a property hotspot. Combining period architecture with a proud industrial heritage, there’s plenty going on in town, including the widest high street in the UK and Shambles Market Hall. There are some fantastic new build developments springing up in the area, including our Jubilee Gardens site along Norton Road.

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