Opto Student Newcastle, City Road, Newcastle Upon Tyne

An excellent opportunity to acquire a modern student studio apartment portfolio within the popular Opto Student development on City Road, Newcastle upon Tyne. Ideally positioned for access to the city's universities, transport links and extensive range of retail, leisure and dining facilities, this well-presented property offers an attractive opportunity for investors seeking exposure to Newcastle's student accommodation market.

There are three self-contained studio apartments being offered as part of a deceased estate portfolio, available separately if required. The units, create the potential for a larger-scale investment within an established student accommodation development.

Accreditation has been applied for to facilitate fixed-term student lettings, with approval anticipated shortly. Subject to the necessary approval being granted, this will provide an opportunity to let the property to students in line with the academic year

Although the layout differs slightly in each studio they are thoughtfully designed maximising space and functionality, incorporating an open-plan living, sleeping and study area with fitted furniture, including a bed frame, desk and storage units. A fitted kitchenette comprises a range of wall and base units, an integrated oven, electric hob and sink, while a contemporary shower room completes the accommodation.

Residents benefit from a range of on-site facilities designed to enhance student living, including secure entry systems, lift access, communal lounges, dedicated study areas, gym and games facilities along with a rooftop terrace offering city views. The development also benefits from management facilities and dedicated communal spaces for socialising and studying.



Location

Opto Student occupies a convenient position on City Road, on the edge of Newcastle city centre. Both Northumbria University and Newcastle University are accessible from the development, alongside Newcastle Quayside, Central Station and the city's extensive shopping, restaurant and leisure amenities.

Combining modern, purpose-designed accommodation, communal lifestyle facilities and a convenient city centre location, these studios represent an appealing investment opportunity within Newcastle's student property market.