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HOPPER HOUSE GATESHEAD £69,995 PURCHASE A STUDIO FOR Premium investment opportunity 3 years rental assurance 8%

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Page 1: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

HOPPER HOUSE GATESHEAD

£69,995

PURCHASE A STUDIO FOR

Premium investment opportunity

3 years rental assurance 8%

Page 2: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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.

Page 3: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 4: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 5: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 6: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 7: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 8: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 9: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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.

Page 10: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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.

Page 11: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

£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.

Page 12: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 13: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

PROPOSED FLOORPLAN 2ND-5TH FLOOR

Accessible Studio Apartment

Studio Apartments

Page 14: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

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

Page 15: HOPPER HOUSE - The Property Supplier · HOPPER STREET, GATESHEAD NE8 3JJ yne yne Gateshead Newcastle A186 Bensham Rd B1246 A167 A167 B1426 B1426 A1114 Market Lane ickham Highway Split

UK Office-

+44 (0) 1494 416196

Watlington Business Centre

1 High Street

Watlington

Oxfordshire

OX49 5PH

Hong Kong Office-

+852 53034685

15th Floor

Soundwill Plaza 2

Midtown

1-29 Tang Lung Street

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

[email protected]