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OPTO Newcastle

Newcastle, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Studio 3.21

£86,250.00

Deluxe Riverside Studio 414

£105,000.00

  • Freehold student property
  • Fully managed investment option
  • 8.4% net rental yield
  • £8,475 NET rental per annum
  • Luxury student development
  • Hugely popular student destination
Purchase Process

Studio 414 (22.93sqm) - £105,000.00

  • 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

Studio 321 - £86,250.00

  • High-specification student studio
  • New tenancy (Sept 24) - £264.00 per week (44 weeks)
  • Est. gross rental income per annum - £10,710.00
  • Lettings Fees - £1,161.00 per annum 
  • Service charge - £3,196.032 per annum 
  • Est. net rental income - £7,258.00 per annum
  • 8.4% net rental yield
  • Highly experienced student management company
  • Freehold property (this unit includes share of freehold worth £5,000.00)

Market Key Facts

  • Large student population in Newcastle 
  • Established 'Russell Group' university 
  • Approximately 60,000 full time students
  • High rental yields on offer in Newcastle

OPTO Newcastle - Overview

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.

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.

The OPTO Newcastle development comprises of 226 fully furnished, self-contained studio apartments, with weekly rental fees starting from £210 per week, and rising to over £260.00 per week. Tenancies are confirmed on an annual basis, and take the form of a 44 or 51 week contract.

OPTO Newcastle - Investment Highlights
Freehold student studios
Fully managed and hands-free
Low number of available student rooms in Newcastle
On-site management team at the development
Exceptionally well-managed development
Close access to two leading universities
Newcastle city centre location

OPTO Newcastle - Payment Plan
1. Provide certified ID, proof of address and proof of funds to Pure Investor
2. Reserve your unit with a signed reservation form
3. Pay a £2000 non-refundable reservation fee
4. Remaining balance due on completion

OPTO Newcastle - Key Points

Location

Location

Newcastle, United Kingdom

Price

Price

£86,250.00

Tenure

Tenure

Freehold

Completion

Completion

Completed

Rental Yield

Rental Yield

8.4% net

Video - OPTO Newcastle

Development Availability

PropertySizeBedroomsPriceEnquire
Studio 3.2118.93 square metres-£86,250.00Enquire
Deluxe Riverside Studio 41422.93 square metres-£105,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Opto Newcastle - Location

Key to the appeal of the OPTO Newcastle development is it's exceptional location, overlooking the hugely popular Quayside entertainment district alongside the famous River Tyne. The development is also just a short walk from the main campuses of the University of Newcastle and Northumbria University, which collectively are home to in excess of 60,000 full time students. 

Nearby Amenities

  • University of Newcastle 
  • Northumbria University
  • Quayside entertainment district
  • Iconic St James's Park stuadium

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Newcastle

Home to over 60,000 full time students, Newcastle city centre has long proven popular with investors looking to capitalise on the huge demand for student property in Newcastle and the surrounding areas. The stunning new OPTO Newcastle development is a luxurious and superbly well managed student development, with a full onsite management team in place to cater for the demands of students. 

  • Freehold student property 
  • Weekly rental fees up to £254 per week
  • Close to two major universities
  • Home to over 60,000 full time students

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

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