Prime Serviced Accommodations Locations
Investing in serviced accommodation is a lucrative opportunity, especially in the North East of England, where vibrant cities, coastal charm, and historical landmarks attract a diverse range of visitors. Here, we explore the top seven serviced accommodation locations in this dynamic region, highlighting the unique features and benefits of each area to help you make informed investment decisions.
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Newcastle Central
Newcastle Central is a bustling hub of activity, renowned for its rich cultural heritage and vibrant nightlife. It's the heart of the city, making it an attractive location for both business and leisure travellers seeking serviced accommodation.
Historical Attractions: Visitors can explore iconic sites such as the Newcastle Castle, St Nicholas' Cathedral, and the historic Quayside, driving the need for comfortable and convenient serviced accommodation.
Transport Links: Excellent connectivity with major train stations and public transport options ensures easy access to other parts of the city and beyond, increasing demand for centrally-located serviced apartments.
Shopping and Dining: Eldon Square and Northumberland Street offer an array of shops and dining options, catering to all tastes and budgets, making serviced accommodation a preferred choice for extended stays.
North Shields and Tynemouth
North Shields and Tynemouth, with their blend of coastal charm and historical significance, are ideal for serviced accommodation, attracting both tourists and business travellers.
Seaside Appeal: The picturesque Fish Quay in North Shields and the stunning Longsands Beach in Tynemouth provide a serene escape from city life, attracting visitors who prefer the flexibility of serviced apartments.
Historic Sites: Tynemouth Priory and Castle, along with the maritime heritage of North Shields, draw history enthusiasts who favour the convenience of serviced accommodation.
Local Festivals and Events: Regular events like the Tynemouth Food Festival and various music festivals in the area ensure a steady flow of visitors, increasing the demand for serviced apartments.
Gateshead
Gateshead, just across the River Tyne from Newcastle, combines modern cultural landmarks with scenic beauty, making it a top pick for serviced accommodation investment.
Cultural Highlights: The BALTIC Centre for Contemporary Art and Sage Gateshead music venue are major cultural draws, driving the need for serviced accommodation for visitors.
Green Spaces: Saltwell Park and the Gateshead Millennium Bridge offer beautiful outdoor experiences, attracting visitors who value the flexibility and comfort of serviced apartments.
New Marina: The development of the new arena enhances Gateshead's appeal, providing a picturesque setting and attracting tourists and business travellers, thus increasing demand for serviced accommodation.
Newcastle East
Newcastle East is an up-and-coming area, offering a blend of residential charm and commercial convenience. Its growth potential makes it a smart investment choice and one of the North East's up and coming serviced accommodation locations.
Residential Appeal: Family-friendly neighbourhoods with good schools and parks attract long-term guests, increasing the demand for serviced apartments.
Retail and Dining: Ouseburn Valley, known for its creative arts scene, and Shields Road, lined with shops and eateries, cater to diverse tastes, boosting the need for serviced accommodation.
Accessibility: Well-connected by public transport, making it easy for guests to explore the rest of the city, thus driving the demand for conveniently located serviced apartments.
Newcastle West
Newcastle West is a diverse and dynamic area, known for its vibrant community and excellent transport links, appealing to a wide range of visitors seeking serviced accommodation.
Community Vibe: The area’s multicultural environment and local markets offer a unique cultural experience, drawing visitors who prefer serviced apartments.
Transport Connectivity: Proximity to Newcastle Airport and major roadways makes it convenient for travellers, increasing the demand for serviced accommodation.
Sports and Leisure: Close to St James’ Park and various leisure centres, catering to sports enthusiasts and families, driving the need for serviced apartments.
South Shields
South Shields combines stunning coastal scenery with rich cultural heritage, offering a perfect setting for serviced accommodation.
Coastal Beauty: With attractions like Sandhaven Beach and the South Marine Park, it’s a haven for beach lovers who seek serviced accommodation for their stays.
Historic Sites: The Roman Fort and the iconic Souter Lighthouse attract history buffs, increasing the demand for serviced apartments.
Marine College: The presence of the South Shields Marine School, a leading maritime training institution, draws students and professionals from around the world, boosting the need for serviced accommodation.
Whitley Bay
Whitley Bay is known for its beautiful coastline and vibrant community, making it a prime location for serviced accommodation investment.
Coastal Attractions: The stunning Whitley Bay Beach and the iconic St. Mary’s Lighthouse draw tourists, increasing demand for serviced apartments.
Community Events: Regular community events and festivals, such as the Whitley Bay Carnival, attract visitors year-round, driving the need for serviced accommodation.
Dining and Entertainment: With a variety of restaurants, cafes, and the refurbished Spanish City leisure complex, Whitley Bay offers numerous attractions, boosting the appeal of serviced apartments.
The Best Serviced Accommodation Locations to Invest
The North East of England is brimming with potential for serviced accommodation investment, offering diverse locations that cater to various tastes and needs. Whether it's the bustling city centre of Newcastle, the coastal charm of North Shields and Tynemouth, the cultural vibrancy of Gateshead, or the scenic beauty of Whitley Bay, each area presents unique advantages. By choosing the right location, investors can tap into a steady stream of guests, ensuring a profitable and sustainable venture in the serviced accommodation market.
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