概览

The OPTO Newcastle development comprises of 226 fully furnished, self-contained studio apartments, with weekly rental fees starting from £190 per week, and rising to over £254.00 per week. Tenancies are confirmed on an annual basis, and take the form of a 44 or 51 week contract

Investment Highlights

• Deluxe Riverside Student Studio
• Current Rental - £260.00 per week
• 51-week tenancy (8th Sept 23 - 30th Aug 24)
• Estimated gross rental income per annum - £13,260.00
• Estimated net rental income per annum - £8,475.00
• 8.0% net rental yield
• Highly experienced student management company
• Hands-free, fully managed investment

OPTO Newcastle Amenities

OPTO Newcastle was developed to appeal to the most discerning of students, and as such an array of communal facilities are available to ensure residents enjoy their time as tenants. A high specification on-site gymnasium welcomes you as you enter the main foyer area of the building, and alongside this can be found a spacious communal cinema room and communal co-working area. On the top of the building is a stunning roof terrace offering sweeping views across the River Tyne and city centre, and towards the iconic St James Park football stadium.

OPTO Newcastle Location

Perfectly situated in the heart of Newcastle city centre, and offering easy access to two leading universities (Newcastle University and the University of Northumbria), the superb new OPTO Newcastle building epitomises the very best of luxury, high specification student accommodation. As well as offering easy and convenient access to the cities two universities, OPTO Newcastle is situated just a short walk from the cities main entertainment and retail districts, in particular the hugely popular Quayside area, which is just two minutes walk from the main OPTO Newcastle building.

FULLY LET AND MANAGED BY TRUE STUDENT

• Multi Award-Winning student accommodation brand

• Premium retention rates and occupancy ahead of market average

• True is owned by Bricks Capital, an owner-operator with a £500m portfolio

• Current pipeline to operate over two thousand beds across the UK

• Extensive experience in all stages of investment, development and management within the PBSA sector

• Extensive partnership networks across all International markets

• Wide experience across the hotel, leisure and residential sectors

Price range:

Deluxe Riverside Studio £105,000

Completed

Payment Plan

Complete a reservation from to secure the unit and provide Certified

ID, Proof of Address & Proof of Funds.

Pay a £2,000 non-refundable reservation fee

ClicPad broker fee 5%

Solicitors instructed

Balance due on completion (less reservation fee paid)