With the latest data continuing to show that properties in these regions cost less than half the price of property in the south of England and the ramifications from Brexit pointing towards a steeper fall in London and the South than in the North, investors and homeowners are likely to be tempted both by price, potential returns and the quality of build.
The current crop of new homes in Yorkshire, the Humber and the North East showcase the variety of developments available in the property market.
The seven new developments featured here include luxurious large detached properties, studio flats, terraced family homes and property designed specifically for over-55s.
Manor Fields in Steeton, West Yorkshire (Redrow Homes)
This development features a selection of two-, three- and four-bedroom properties on Thornhill Road. After larger properties proved popular in earlier sales, smaller ‘Stour’ and ‘Avon’ homes are now being released.
Patsy Aicken, sales director for Redrow Homes (Yorkshire), says: “Our ‘Stour’ home is a popular choice and the latest two releases at Manor Fields were snapped up immediately. Interest in the smaller properties is high and we are now taking ‘early bird’ reservations.”
Both properties qualify for the government-backed Help to Buy scheme which offers an equity loan that is interest-free for the first five years to reduce the initial price by up to 20%, with only a 5% deposit required.
Prices: From £151,950
Find out more about Manor Fields from Redrow Homes
Blakestone Glade in Blaxton, South Yorkshire (Mandale Homes)
This development provides 37 homes, a mix of two-, three- and four-bedroom properties in the centre of a small, quiet village.
These homes have an excellent specification, with many features as standard, including off-street parking and gardens and an extensive range of quality extras and upgrades to choose from. Depending on the stage of the build buyers can select the internal finish of their home from an extensive range.
The development qualifies for the Help to Buy scheme, while the housebuilder also offers its own Assisted Move and Part Exchange initiatives. The marketing suite is open from Thursday to Monday, 10.30am to 5.30pm (to 4.30pm Sunday).
Prices: From £139,950
Find out more about Blakestone Glade from Mandale Homes
Windsor Park in Alnwick, Northumberland (Charles Church Developments)
New high-specification apartments for the over-55s are now on sale in the historic market town of Alnwick, close to the beautiful Northumberland coast. The properties have new communal areas and are within walking distance of the town centre.
Alnwick retains many aspects that give the town its unique character, like its cobbled streets, striking stone buildings and narrow alleys. It has a range of specialist, independent and family businesses and an atmospheric refurbished Market Place which holds special events each year including Alnwick Fair and its monthly farmers market.
The Help to Buy scheme is now available on this development.
Prices: From £92,950
Find out more about Windsor Park in Alnwick from Charles Church
The Rocket in Stockton-on-Tees, County Durham (Aspen Woolf)
Investors have an opportunity to purchase luxury fully furnished studios just minutes from Durham University. There are 218 units offering modern living space and catering for the rising demand for student accommodation.
Stockton-on-Tees, famous for running the first passenger railway in 1825, is a growing borough with the winding River Tees at its heart.
The Rocket is less than 10 minutes’ walk from Durham University’s Queens Campus. Its studio apartments offer contemporary comforts to a high specification and tenants the sole use of a modern gym, cinema room, games room and a concierge service.
The development is in the ideal position to meet the rising demand for student accommodation and provides investors with an attractive investment opportunity, with a 10% net rental yield guaranteed for three years and with all units managed by an experienced management company.
Prices: From £64,995.
Find out more about The Rocket from Aspen Woolf
Lakeside View in Newcastle-upon-Tyne, Tyne & Wear (Barratt Homes)
This is a collection of two-, three- and four-bedroom homes on the banks of Killingworth Lake in North Tyneside, about four miles north-east of Newcastle’s centre. Killingworth is a small town with a good range of shops, restaurants and leisure facilities, some beautiful lakeside parks and excellent transport links.
The home types are unique to this development and feature simple, uncluttered designs with stylish kitchens and dining and family areas that offer plenty of space to relax.
Homes with views of the lake are currently on sale and all properties are surrounded by picturesque scenery.
Lakeside View is located on the main route in from Killingworth from the south and offers easy access to Newcastle city centre.
Prices: From £171,995
Find out more about Lakeside View from Barratt Homes
The Sawmills in Bramham, West Yorkshire (Keyhaven Homes)
The Sawmills is a new development of four- and five-bedroom homes from Keyhaven Homes Ltd situated in a popular part of Yorkshire. Help to Buy is available on homes priced up to £600,000.
Bramham is a modern village with a lively community and a range of clubs and groups. It has a range of amenities including a pub and a fantastic range of farm shops selling local produce. Its position is ideal for commuters, set in picturesque countryside between Leeds, York and Harrogate, known locally as the ‘Golden Triangle’.
It is a friendly and down to earth town with excellent facilities. With its ancient, rural setting but modern feel and vibrant community, Bramham offers the best of both worlds from enchanting walks through ancient woodland to fantastic cycling along the West Yorkshire Cycle Route.
Find out more at sawmillsbramham.co.uk ; 01937 586177
Fulwith Mill in Harrogate, North Yorkshire (Zammitt Developments)
This development comprises five luxurious, bespoke and exclusive new homes near the sought-after location of Harrogate in North Yorkshire overlooking Crimple Valley. Buyers have the opportunity to agree alternative designs and specifications with the developer, depending on the build stage at the time of purchase.
Inside the property buyers can choose from a variety of styles and luxury interiors and options such as gyms, home cinema, swimming pools, underfloor heating and state of the art multimedia systems.
The homes also feature discreet solar energy systems that are better for the environment and offer cheaper running costs for larger high-ceilinged properties.
Find out more at www.fulwithmill.co.uk ; 01423 503500
Maple Tree Park in Mapplewell, South Yorkshire (Avant Homes)
This is a newly released collection of two-, three- and four-bedroom homes for sale on the outskirts of Barnsley featuring a number of popular house types from this developer. The specification includes bi-fold doors, Italian-inspired designer kitchens, mood lighting, and integrated appliances.
Help to Buy, Part Exchange and Express Move are all offered to assist buyers make a move quickly and affordably.
The village of Mapplewell is ideally placed, just three miles north of Barnsley in South Yorkshire and less than five miles from the M1 motorway. The area is steeped in history and full of character, yet serves the close community well with local amenities and services.
Proces: From £146,950
Find out more at www.avanthomes.co.uk ; 01226 693985