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HOPPER HOUSE GATESHEAD
£69,995
PURCHASE A STUDIO FOR
Premium investment opportunity
3 years rental assurance 8%
Providing private investors with opportunities in high demand growth areas.
Before we bring a development to the market, our project
management team undertake extensive due diligence to
ensure every project meets with the four major commitments
we make to our investors. We offer a holistic approach to
investment services allowing our clients to entrust the day-
to-day running of their portfolio to our management team or
alternatively take control of their portfolio whilst benefiting
from our advice and experience.
SETTING THE STANDARD IN LUXURY LIVING DUE DILIGENCE
OUR COMMITMENT TO YOU
Asset Backed Investment Feel confident in your investments with clear registered legal title facilitated through a UK solicitor.
Off Market Developments Specialising in off-market property and working with some of the largest developers and exclusive property portfolios in the UK.
Strong Sustainable Demand We undertake extensive market research to ensure our projects are located in high demand growth areas.
Hands-Free Management End-to-end investment management services allowing you to leave the day-to-day running of your portfolio to our team.
UNLOCK EXCLUSIVE OFF MARKET STOCK IN HIGH DEMAND GROWTH AREAS.
Purchase a studio for £69,995
Units with accessible terrace/balconies available
Unlimited exit strategies
250 Year leasehold
3 Year rental assurance paid quarterly
Rent to whole of the market
Fully self-contained studios
Fully furnished
Fully fitted en-suites
Fully fitted kitchens
Fully managed investment
Exceptionally large accommodation
Units over 25 sq m
Completion quarter 4 2018
Many onsite facilities include:- Reception
- Communal rooms
- Vending machines
- Communal lounge
- Gymnasium
- Wifi
- Sauna
- Bike stores
Successful & proven developer
Long standing & successful management
company
Excellent location - 10 minutes’ walk from
millennium bridge
Walking distance to main bus/coach
stations/Newcastle University/Gateshead
College/Trinity Square shopping centre
Perfectly placed for easy access into
Newcastle City Centre
HOPPER HOUSE, GATESHEAD THE OPPORTUNITY
Hopper House will see the creation of 81 stylish apartments in an outstanding central Gateshead location. The development has been designed with students and young, professional urban tenants in mind and will include a host of desirable facilities, from a gym and sauna to bicycle parking and WiFi. Each apartment also features a terraced area to ensure that residents can enjoy their outside space as much as their tasteful interiors.
Offering the best in modern living and promoting a hassle-free lifestyle is core to the ethos behind Hopper House. As such, the apartments will offer an all-inclusive rental package, whereby tenants’ heating, water, electricity, internet and so forth is included in their rent.
All apartments come fully furnished to an extremely high standard, with quality fixtures and fittings. Laundry rooms within the building reduce the need for washing machines in individual homes, thus maximising space for tenants while removing a maintenance headache for investors. This thoughtful approach to design has been applied across the development.
HOPPER HOUSE, GATESHEAD PROJECT DETAILS
EASE OF PURCHASE
Choose your desired unit
Secure this unit with £5000 res fee
Complete and sign reservation form
Exchange contracts in 28 days 50% of purchase price, less reservation fee - £29,997.50
6 Months stage payment - £17,498.75
Remaining balance on completion - £17,498.75
Rental income £155 pw for 50 weeks
Gross rent £7750
Maintenance/service charge £1375
Management/lettings £525
Ground rent £250
Net return £5600 paid quarterly
8% Net return
The town of Gateshead enjoys a superb location in Tyne and Wear. Not only a bustling town
in its own right, it also sits directly across the river from Newcastle, meaning that Gateshead
residents get to enjoy the best of town life right on the doorstep of one of the UK’s most exciting
cities. Hopper House residents, for example, are within walking distance of the town centre,
where they can enjoy easy access to plentiful shops, supermarkets, banks and leisure facilities,
including a nearby Vue Cinema. Students living at Hopper House can reach Gateshead
College’s Baltic Campus on foot in just 10 minutes, while Newcastle University is merely a brisk
half hour walk away (or a 9 minute drive).
Gateshead is home to some 200,000 people, with a town economy valued at £4.18 billion.
The town is building quite the reputation for its innovative business culture and young, talented
workers. In recent months, this has seen robot manufacturer Comau UK move in, branding
agency Blue Kangaroo (the bods behind Peppa Pig and Doctor Who) expand its Gateshead
base, and manufacturing plant NOV Mission Products transform into a ‘best in class’ producer
for the energy industry. Meanwhile, Northern Gas and Power announced plans to create up to
500 jobs in Gateshead earlier this year, while the Gateshead Economic Growth Acceleration
Plan is supporting the creation of 4,000 jobs between 2015 and 2020. Local employment
opportunities abound, schools are good and real estate is affordable. It’s no wonder Gateshead
enjoys the joint highest life satisfaction rating (along with Sunderland) in Tyne and Wear.
Gateshead’s housing market offers excellent value for money. With an average property price
of £129,568, compared to an average of £243,935 for England as a whole, those investing
in the town have a fantastically affordable entry point into the market.
GATESHEAD ON LOCATION
HOPPER HOUSEHOPPER STREET, GATESHEAD NE8 3JJ
River Tyne
River Tyne
Gateshead
Newcastle
A186
Bensham Rd
B1246
A16
7A
167
B1426
B142
6
A1114
Market Lane
Wickham Highway
Split Crow RdOld Durham
RdSaltwell Rd
Cold
wel
l Lan
e
Elswick Rd
A695
A1
A1
A184
A184A184
A184
ASKEW
ROAD Tyne main Rd
Walker Rd
A186
A193
B1600
B1314
St Ja
mes
Bou
leva
rd
Saltmeadows Rd
HOPPER HOUSE, GATESHEAD CONNECTIVITY
Newcastle Central Station
Tyne Bridge
Gateshead Millenium Bridge
Baltic Centre for contemporary Art
Mossley Street Nightlife/Bars/Restaurants
St Marys Heritage Centre
Hilton Hotel
Newcastle University Northumbria
University
Intu Metro centreincludes Apple store, Odeon Cinema,
Pandora, Primark, Topshop, Ask Italian, Nandos, Pizza Hut, Weatherspoons
The Vue Cinema 2 Mins walk 0.1 MilesTrinity Square 2 Mins walk 0.1 MilesInterchange Bus Terminal 2 Mins walk 1.0 MilesTesco Extra 4 Mins walk 0.2 MilesMecca Bingo 5 Mins walk 0.3 MilesCosta Coffee 6 Mins walk 0.3 MilesSt Marys Heritage Centre 9 Mins walk 0.5 MilesGateshead College 9 Mins walk 0.4 MilesHilton Hotel 10 Mins walk 0.5 MilesGateshead Quays 11 Mins walk 0.6 MilesGateshead Millenium Bridge 12 Mins walk 0.6 MilesBaltic Centre for Contemporary Art 12 Mins walk 0.6 MilesAsda Supermarket 18 Mins walk 1.0 MilesGateshead International Stadium 19 Mins walk 0.9 MilesNothumbria University 7 Mins drive 1.4 Miles
Intu Metro Centre 8 Mins train ride 4.7 MilesNewcastle Library 17 Mins metro 1.4 MilesNewcastle University 16 Mins metro 2.3 Miles
Queen Elizabeth Hospital 12 Mins bus ride 2.5 MilesNewcastle Central Station 16 Mins bus ride 0.3 MilesAngel of the North 29 Mins bus ride 4.5 Miles
Interchange Bus terminal
Trinity SquareMecca Bingo
Gateshead College
Queen Elizabeth Hospital
Angel of the North
The specification list should be treated as a guide and indication as to the design choices and level of quality that can be expected in the completed apartments. Information has been provided in good faith, however does not form part of the contract, and there can be variation in the specification list of the completed apartments due to supplier availability at the time of construction.
KITCHEN Integrated fridge with freezer compartment, hob & oven
High gloss veneered wall and base units with integrated handles
Veneered worktops
Stainless steel single bowl sink with drain board & chrome tap
Glass or perspex splashback
Integrated extractor, extract ventilation to comply with building regulation requirements
Non-slip vinyl flooring tiles
Crockery - dinner plates, side plates & bowls
Cutlery - knifes, forks, spoons & teaspoons
HEATING Compact convector panel radiators
Heated towel rail to en-suite in chrome
Wired thermostatic heating control
DOORS Internal flush veneered doors
5 Lever lock and door viewer on each studio front door
Electrical fittings in white
HOPPER HOUSE, GATESHEAD SPECIFICATION
The specification list should be treated as a guide and indication as to the design choices and level of quality that can be expected in the completed apartments. Information has been provided in good faith, however does not form part of the contract, and there can be variation in the specification list of the completed apartments due to supplier availability at the time of construction.
BATHROOM Contemporary white suite with chrome fitting
Ceiling down lighting and heated radiator
Ceramic splash back to sink and shower area
Linoleum flooring
Back to wall wc set into vanity top
Semi recessed wash basin with chrome mixer tap set into vanity top
Shower tray with screen enclosure
Wall fixed shower head and valve
Bath & hand towels
DECORATION Walls and ceilings are to receive one mist coat and two full coats of trade matt emulsion
All internal timber is to receive one coat primer, two coats undercoat and one final coat of matt paint
All painting materials will be approved from a manufacturer
HOPPER HOUSE, GATESHEAD SPECIFICATION
BEDROOMS Carpets to be adhesive tack applied. Acoustic rated underlay where required
Double bed and mattress with 2 pillows and 2 pillow cases. Fitted sheet, flat sheet and duvet
Fitted veneered wardrobe
Study desk and chair
2 x bookshelves
Tub chair & coffee table
Dining table & 2 x chairs
Wall mounted tv and bracket
Roller blinds
COMMUNAL AREAS Communal areas include:
- Reception
- Wc
- Staff room
- Cycle store
- Bin store
- Laundry
- Plant
- Cleaning store
- Gym
- Sauna
- Wifi
- Cctv
- Fob entry system
- Post boxes
HOPPER HOUSE, GATESHEAD SPECIFICATION
The specification list should be treated as a guide and indication as to the design choices and level of quality that can be expected in the completed apartments. Information has been provided in good faith, however does not form part of the contract, and there can be variation in the specification list of the completed apartments due to supplier availability at the time of construction.
Cultural-led regeneration and infrastructure, which will deliver long term economic dividends, at the heart of Gateshead’s regeneration plans
The Gateshead Economic Growth Acceleration Plan is supporting the creation of 4,000 jobs from 2015-2020
Gateshead Council’s 2015-16 investment programme included nearly £54 million of investment
Gateshead boasts a higher economically active rate than the North East, at 77.3% versus 75.2%
That included £18m in housing and £9 million in carbon management and sustainability projects
Business births per 100 business deaths
£21,566 Gross Value Added (GVA) per head 2015 (Tyneside)
121
73.1% Employment rate
“Gateshead is competing on a global scale for investment. Gateshead’s long-term success will continue to
depend upon remaining an attractive location for international, national and indigenous investment and
maintaining a skilled and adaptable workforce.” Gateshead Economic Growth Acceleration Plan 2014-18
INVESTMENT CASE
FAST FACTS
Gateshead is the main major area in the Metropolitan borough of Gateshead.
The town accounts for some 60% of the borough’s population
Gateshead is known for its architecture and cultural attractions, including the 20m tall Angel of the North
Gateshead’s population is projected to increase to around 211,500 by 2039
The North East Local Enterprise Partnership is bidding to be one of the national testbeds for 5G technology
Gateshead enjoys higher than average superfast broadband availability, at 91%, compared to an average of 89% for England
Newcastle/Gateshead attracts around 2 million visitors per year, with 9 out of 10 hotel rooms full every weekend
The Tyne and Wear Metro is the second largest rapid transport system in the UK
Value of Gateshead economy£4.18
£54m
billion
investment
Gateshead, located in Tyne and Wear, England, is a bustling town that is home to around 200,000 people, with 1.4 million people of working age within a 10-mile radius
£
Gateshead has a bustling economy backed up by academic knowledge and technical expertise. As part of the Newcastle/Gateshead area, the town is known for its prowess in tech and innovation, medical sciences and sustainability, and offshore and marine businesses. It also has a growing reputation for academic excellence.
£205m allocated for capital spending plans from 2017-2022, including:
- £90m to boost economic and housing growth
- £11m for housing development schemes
- £5m to grow the digital technology sector
- £7m for energy infrastructure improvements
Economic growth in Gateshead from 2010-2014 was the second fastest rate in the North
Gateshead has a 91% one-year survival rate for new businesses, with a 35% five-year survival rate
Planned Gateshead Quays Urban Garden set to attract over 200,000 visitors per year, with 100 people working at the site
2018 Great Exhibition of the North will celebrate creativity, culture and design
Gateshead’s population is projected to increase to around 211,500 by 2039, from a current size of 201,592.
Gateshead is home to Europe’s first industry-led immersive technology cluster and PROTO: The emerging technology centre
Plans for the town mean that more than 9,000 new jobs will be created by 2030
UK city centres have experienced an increase in demand for housing since the millennium
£200m regional arena and conference and exhibition centre planned for Gateshead Quays
50,000 students are specializing locally in STEM subjects, providing a promising future for Gateshead’s advanced manufacturing industry
Gateshead is enjoying the fastest growth of business services outside London
The town has the fastest ICT sector output across the North East, positioning it well for future business growth
The Gateshead area has the lowest staff attrition rates in the UK – another excellent basis for future growth
INVESTMENT CASE
PROJECTED GROWTH
2017 20202018 2022 20242017 20212019 2023 2039
211,500
“It’s essential we continue to invest in the future of Gateshead. We’re committing over £90m to encourage economic and housing growth which will bring about new jobs, new homes and increase the skills of local people.”
Leader of Gateshead Council, Martin Gannon, speaking about the council’s 2017/18 budget.
The current average asking price for a home in Gateshead stands at £121,677.
“With a huge choice of housing on offer, from executive apartments to family housing, Gateshead is continuing to build for the future.” Invest Gateshead
Gateshead, like many places in the UK, has lower house prices than in 2007 – prices were 4.7% below 2007 values at the time of writing.
Gateshead has a current average asking rent of £641, according to Zoopla.
Gateshead was flagged as one of the ten best buy-to-let locations in the UK in summer 2017 when calculated based on house prices, local salaries and rental returns.
Average buy-to-let yields in Gateshead are 6.6%.
Gateshead was found to be the second highest area of the UK for rental yields as at summer 2017.
INVESTMENT CASE SALES MARKET RENTAL MARKET
£121,677 £6414.7% 6.6%
HOUSING TRANSACTIONS BETWEEN JULY AND DECEMBER 2016
Gateshead was home to 1,132 housing transactions between July and December 2016. According to Zoopla, house values there have risen by 17.66% over the past five years.
Detached Semi-Detached Terraced Flat
£250,000
£225,000
£200,000
£175,000
£150,000
£125,000
£100,000
£75,000
Ave
rage
cur
rent
val
ue
£244,629 £182 per sq ft.3.4 average bedrooms
£226,117 Average paid in last 12m
£150,631 £159 per sq ft.2.9 average bedrooms
£147,127 Average paid in last 12m
£135,516 143 per sq ft.3.0 average bedrooms
£135,744 Average paid in last 12m £135,516 143 per sq ft.
3.0 average bedrooms£135,744
Average paid in last 12m
AVERAGE RENTAL VALUES IN GATESHEAD
1 Bedroom 2 Bedroom 3 Bedroom 4 bedroom
£2000
£1750
£1500
£1250
£1000
£750
£500
£250
£0
£ P
rice
per
cal
enda
r m
onth
£377
£627£743
£1327
£465
£649
£1165
£1982
PROPOSED FLOORPLAN 2ND-5TH FLOOR
Accessible Studio Apartment
Studio Apartments
Easiliving has been in the industry more than 15 years and we have a solid reputation within the city as the
leading property management specialist. We have provided consultancy and sourced investment opportunities for
hundreds of investors. We work with the National Landlords Association, The Guild of Lettings and our property
management staff are ARLA qualified.
Adam, the founding partner of the business won a lifetime achievement award for his contribution to Student
Housing at the 2014 Student Housing Awards – a testament to his knowledge and reputation within the city!
We list on the market leading portals Rightmove and Zoopla to ensure the widest exposure. We promote properties
through our social media, across multiple digital channels, on campus and across the leading local publications.
Nadia Dryden Marketing Manager
t. 0191 6910377 e. [email protected]
PROPERTY MANAGEMENT SPECIALISTS
KEY BENEFITS
Interactive 360 tours so students can view remotely and narrow their property choice
Tenancies & references secured and signed through the Goodlord platform.
We will be listing on the socially interactive Bubble Student App created by Newcastle Uni graduates!
All our inventories are created digitally and signed through the ISURVEY APP.
FixfloAppallowingourtenantsto report maintenance issues 24hrs a day
UK Office-
+44 (0) 1494 416196
Watlington Business Centre
1 High Street
Watlington
Oxfordshire
OX49 5PH
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+852 53034685
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Soundwill Plaza 2
Midtown
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Causeway Bay
ABOUT US Here at The Property Supplier we pride ourselves on supplying you the best property deals
and investments. We have a dynamic team with an existing property background helping to
build our clients portfolio.
Part of our company ethos is increasing the wealth of our clients, while at the same time
having certain measurements in place to ensure and maintain peace of mind.
wwwthepropertysupplier.co.uk