Where to buy property in and around Newcastle upon Tyne

So you are thinking of moving to Newcastle upon Tyne, whether you are a first time buyer, homeowner looking to relocate or even a buy-to-let property investor, and have not yet decided where to live.

Newcastle is home to two of the most popular suburbs in Northern England, Jesmond and Gosforth. Prefer the beach; nearby Tynemouth was voted recently voted by the Times as the best place to live in Northern England. Next door to Tynemouth is Whitley Bay, once seen as the North East's answer to Brighton.

If you prefer the nightlife and the hustle and bustle of the city, why not consider looking for a place to live on the Quayside or in the city centre. Scroll down the page for further information.

Other nearby suburbs include Heaton, High Heaton, Benton, Longbenton, Wallsend, North Shields, and North Tyneside.

For detailed information on the most desirable suburbs of Newcastle upon Tyne and Tyneside, click on one of the links provided below.

Property to Buy on the Quayside

The Quayside, on the River Tyne, is a vibrant and trendy part of the city centre with large concentrations of young professionals who rent properties. For those who can afford to buy it’s a good location for young first-time buyers and buy-to-let investment properties.

Home to the iconic Millennium Bridge, Tyne Bridge, Baltic art gallery and the Sage Gateshead, it’s a popular hotspot with stylish bars, restaurants, and clubs.

The quayside area extends from the Redheugh Bridge on the River Tyne across to the Ouseburn, a tributary of the Tyne, and encompasses the marina of Peter’s Basin. Most of recent and new builds comprise apartment blocks. However, there are also some semi-detached, terraced properties, and detached houses in certain locations.

Prices for all properties sold last year averaged £165,000. Terraced and detached properties sell for anywhere between £190,000 and £400,000. Apartments go for between £100,000 to over £300,000, with an average selling price of £160,000.

Apartment prices vary according to location, quality, and the number of bedrooms. Expect to pay a lot more for some premium apartments if and when they come on the market. The most desirable properties with a view are along the river banks.

While most folks tend to look on the Noth side of the river, there are other places to consider just across the river such as the Ochres Yards development and the Baltic Quays apartment blocks overlooking the Millenium Bridge.

Once you have found a property to purchase feel to contact our team of mortgage advisers at Penda Financial, a local mortgage broker in Newcastle.