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City:NEWCASTLE
UniversitiesUniversity of Newcastle upon Tyne, University of Northumbria at Newcastle
Population:259,573
Student Population:[From UCAS or individual websites]Under GraduatePost GraduateTotal
University of Newcastle upon Tyne12850606518915
University of Northumbria at Newcastle19705457524280
 Total325551064043195
Campus Capacity(7418)(900)(8318)
 Size of Market25137974034877
Drop out rates:University of Newcastle upon Tyne8%
University of Northumbria at Newcastle10%
Student AreasCity centre, Fenham, Gosforth, Heaton, Jesmond, Sandyford, Spital tongues, West Jesmond
Accommodation Officer Contacts:UniversityTelAddressWebLandlord Accreditation Scheme?
University of Newcastle upon Tyne0191 222 6360Accommodation Office
University of Newcastle upon Tyne
19/20 Windsor Terrace
Newcastle upon Tyne
NE1 7RU
www.ncl.ac.uk/accommodation/Yes
University of Northumbria at Newcastle0191 227 4209Accommodation Office
Ellison Place
Newcastle upon Tyne
NE1 8ST
www.unn.ac.ukYes
Planned development for cityA major upset in the local elections of 2004 saw the Liberal Democrats taking control of Newcastle City Council. It meant the end of more than 30 years of Labour control of the city council.Plans to bulldoze hundreds of homes have been reversed by the newly-elected councillors in Newcastle. The new leadership's first policy pledge is to scrap a controversial £200m regeneration project, dubbed Going For Growth.In Winter 2003, there were also plans to build a new £27m library in Princess Square. Also in late 2003, the Council were seeking lottery money to help fund the creation of a £36m Museum of the North, in partnership with Tyne & Wear Museums, the university, One NorthEast and others.Summer 2003 saw the council planning to spend £150m on extensions and improvements to the Eldon Square shopping centre.
Planned development for universitiesUniversity of Newcastle upon TyneMore and better sports facilities are on the wish list but there are as yet no fixed plans for improvements.In 2003, Newcastle University received a £21 million funding boost – its share of a £1bn investment in scientific excellence.
University of Northumbria at NewcastleThe university is to spend £60 million on demolishing a cinema complex to make way for a city campus. Northumbria University says it needs the site for expansion plans and as space for some of its 2,600 staff.Another £11.5 million plan is to expand student accommodation in Newcastle, providing about 460 state-of-the-art units for University of Northumbria students. The development marks the second phase of student accommodation in the Camden Street area of the city, following the completion of 345 similar units.
Campus room rental:MinimumMaximum
£39£70
Yield range6.3 – 7.9%
Type of property3 bed house (i.e. 2 bed upstairs + 1 converted other)4 bed house5 bed house6 or more bed house
Entry Price£80,000£120,000£160,000£200,000
Median Room Rate£45£43£43£45
Average Yield B*7.9%6.7%6.3%6.3%
B - Estimated Annual Profit£1,476£1,068£884£1,152
Financial ScoresTotal(out of 10)Capital Growth(out of 5)Yield(out of 5)
6.542.5
Description:Newcastle is home to two universities, University of Newcastle and the University of Northumbria. It has a reputation as a fantastic student city. There are numerous pubs, clubs and restaurants to suit a range of tastes and budgets. Shopping facilities are excellent and there is a vibrant cultural scene.The regenerated Newcastle of today provides students with some of the most vibrant city living in the UK. It has the same problems of any big city and you need to expect it to be very cold and wet for a large proportion of the year but other than that you could do a great deal worse. The students have a good relationship with the city's residents.
Websites to advertise on:Student properties postings for North-East students: www.stud-lets.co.uk/Local and National student listings: www.pastures-new.co.ukLocal and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comLetting agents students: www.johnparish.co.uk/
Estate Agents:AddressTelWeb
Your Move6 Shopping Centre Chapel House, Newcastle Upon Tyne, Tyne And Wear, NE5 1DT0191 2641411http://www.your-move.co.uk
Reeds Rains31 Front Street Whickham, Newcastle Upon Tyne, Tyne And Wear, NE164EA0191 4883610http://www.reedsrains.co.uk
Bradford And Bingley Marketplace Ltd121 St Georges Terrace Jesmond, Newcastle Upon Tyne, Tyne And Wear, NE2 2DN0191 2810744http://www.bbg.co.uk
Bairstow Eves Estate Agents92 Grey Street, Newcastle Upon Tyne, Tyne And Wear, NE1 6AG0191 2327471http://www.bairstoweves.co.uk
Letting Agents: AddressTelWeb
David Dumble And Associates12 Coast Road, Newcastle Upon Tyne, Tyne And Wear, NE28 8QT0191 2635519http://www.daviddumble.co.uk/
Groves Residential38 Acorn Road Jesmond, Newcastle Upon Tyne, Tyne And Wear, NE2 2DJ0191 2120400http://www.groves.co.uk
Halifax Property ServicesBishops Court Front Street Whickham, Newcastle Upon Tyne, Tyne And Wear, NE16 1JH0191 4887968http://www.halifax.co.uk
Keith Pattinson - Forest Hall17a Station Road North Forest Hall, Newcastle Upon Tyne, Tyne And Wear, NE12 7AR0191 2150677http://www.pattinson.co.uk
Newcastle Building SocietyPortland House New Bridge Street, Newcastle Upon Tyne, Tyne And Wear, NE1 8AL0191 244 2000http://www.newcastle.co.uk