Newcastle | Ellison Waters is a waterside development with stunning views. Prices from £197,000
Property Overview
Waterfront Development with Stunning Views.
Ellison Waters is a perfectly-situated residential property in a very desirable part of Newcastle. For residents, its principal attractions will include its quiet waterfront location, easy access to the city centre, strong transport links and excellent modern build quality.
For investors, the development is equally attractive. As part of a city that is exhibiting rapid growth in its economy, its jobs market and its population, it
is ideally positioned to meet fast-rising demand for elegant, high-quality accommodation.
As a result, Ellison Waters holds considerable potential for strong capital gains and, with few direct competitors, it should support steadily rising rental values for many years to come. Moreover, affordable prices and fierce rental demand should help to ensure that investors can enjoy yields of upto 10%.
Investment Facts
Prices from £197,000
Only £5000 to reserve today, 10% on exchange
Completion Q2 2026
999 Years lease
74 One bedroom apartments
Short-Term-Let approved
10% Yield Return
About The Developer
Ellison Waters is the work of Virtu Homes, a British developer that is committed to innovation and quality in the private home sector.
Virtu Homes has an excellent track record of successful delivery. It has completed more than 200 units to date, and its various projects have a collective gross development value of more than £100 million.
Virtu Homes developments include new-build and refurbishment schemes, but all of the company’s projects share certain common features.
Amenities
- Green Spaces
- Fully Equipped Gym
- Waterfront
- Security
- Residents Lounge
- Concierge Service
- Cinema Room
- Secure Parking
- Cycle Storage
- Outdoor Seating
- Close To City Centre
WHAT’S NEARBY?Newcastle Station – 10 min drive
St James Park – 12 min drive
Eldon Square – 12 min drive
University – 10 min drive
Quayside – 12 min drive
Ouseburn – 18 min drive
RAILNewcastle Central Station sits on the East Coast Main Line, giving the city fast, direct rail links to major destinations across the UK. It’s a key northern hub with frequent services to London, Edinburgh and other major cities.
BY ROADNewcastle is well connected by road, with the A1 and A19 providing fast access across the North East and direct links to the wider UK. These major routes make regional and national travel quick and reliable.
AIRPORTNewcastle International Airport is just 15–20 minutes from the city centre, offering quick access for both business and leisure travel. It provides direct flights to over 80 destinations and easy onward connections worldwide via major hubs like Amsterdam and Heathrow.
Why invest in Newcastle?
Newcastle has become one of the UK’s strongest regional property markets, driven by a combination of affordability, economic growth and sustained demand for high‑quality rental homes. With two major universities, a thriving tech and digital sector, and a growing population of young professionals, the city consistently delivers strong occupancy levels and competitive rental yields compared with southern markets.
Major regeneration projects across the Quayside, Helix, and the wider city centre continue to elevate Newcastle’s appeal, attracting businesses, students and long‑term residents alike. Combined with excellent transport links, a resilient local economy and comparatively low entry prices, the city offers a compelling proposition for investors seeking both stability and long‑term growth potential.
10.2%
RENT YIELDS
Rental yields up to 10.2% in top‑performing central postcodes, among the highest of any major UK city.
96.8%
FIVE YEAR RETURNS
Five‑year returns reaching 96.8% in NE1 (City Centre & Quayside), driven by combined rental and capital growth performance.
£121.8m
MAJOR REGENERATION
£121.8 million+ in major regeneration, including Forth Yards and Newcastle Airport’s £60m expansion, boosting long‑term value and demand.
55,000
STUDENT POPULATION
Over 55,000 students study across Newcastle University and Northumbria University combined, creating one of the largest and most consistent rental markets in the UK.
Request more information or an investor finance pack about Ellison Waters Newcastle.
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