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Opto Newcastle, NE1

£71,695 · New Homes · For Sale
For Sale

Agent House are delighted to present Opto Student Newcastle. This is a high yielding UK Student Accommodation Investment located in one of the country’s most under supplied markets.

Additional details

This is a high yielding UK Student Accommodation Investment located in one of the country's most under supplied markets. Designed to address the lack of available high-quality student rooms, Opto Student Newcastle is strategically positioned to cater for Newcastle University and Northumbria University students and offers city centre, waterfront accommodation. With a selection of highly desirable on-site facilities, Opto Student Newcastle is set to become one of the most desirable student accommodation buildings in the city.
The target completion date has been scheduled for Q4 2019. The development is already under construction.

Facilities:

Gym,
Games Room,
Courtyard,
Cinema Room,
Outdoor Seating Areas,
Roof Terrace with River Views,
Communal Kitchen with Dining Rooms,
Outhouse for Events,
Laundry,
24/7 CCTV,
On-site Management,
Secure Fob Lock Access.

Key features:

• Prime city centre and waterside location
• 8% NET per annum assured for 5 years
• 227 self-contained studios spread over 8 floors
• On-site facilities unrivalled on the local student market
• Delivered fully furnished
• Fully managed by Opto Studio Living
• 250-leasehold agreement
• 10-year NHBC Certification upon completion
• High demand location with over 50,000 students

Location

City Road, Newcastle upon Tyne NE1 2AQ, UK

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