Opto Student Newcastle, City Road, Newcastle Upon Tyne
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
194 sq ft
18 sq m
Key features
- Investment opportunity
- Convenient city centre location
- Games room and roof terrace
- Communal lounge and study areas
- Lift access
- Secure student development
- Contemporary design
- Open-plan bedroom/living/study area
- Accreditation pending to permit fix term contracts in line with academic year
- One of three studios available creating potential for a larger-scale investment
Description
The self-contained studio is thoughtfully designed to maximise 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, games facilities and a rooftop terrace offering city views. The development also benefits from management facilities and dedicated communal spaces for socialising and studying.
Investment Opportunity
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
Further enhancing the appeal, three studio apartments are available within the development as part of a deceased estate portfolio. Investors may therefore have the opportunity to acquire multiple units, creating potential for a larger-scale investment within an established student accommodation development.
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, this studio represents an appealing investment opportunity within Newcastle's student property market.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Terrace
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- 2nd floor
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