Student Studio

Pure Investor are delighted to present Studio 1.23 in OPTO Newcastle, Newcastle. A hands free investment opportunity in one of the UK’s most high specification student developments, perfectly located overlooking Newcastle’s popular ‘Quayside’ district.

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.

OPTO Newcastle – Studio 123 Financials

• Guide Price – £75,000.00
• 44 weeks x £231.00 = £10,164.00 gross per annum
• £426.88 lettings and property management
• £4,023.20 service charge
• £480.73 ground rent
• Estimated net rental income = £5,233.19
• 7.0% net rental yield per annum

OPTO Newcastle – Development Highlights

Luxury Student Investment
Hugely popular student destination
Fully Managed investment
Weekly rents from £190pw
Established ‘Russell Group’ university
Approximately 60,000 full time students

Facilities and 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 – Management

OPTO Newcastle is fully managed by We Are Homes For Students (Urban Student Life), and as such offers investors a genuine hands free investment opportunity in one of the highest specification student developments available