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Opto

Newcastle, United Kingdom


Invest from only:

£71,695.00

Investment TypeStudent
AvailabilityOff-Plan
  • Invest from £71,695
  • Assured rental of 8% net for 5 years
  • Low entry level studio apartments
  • Already under construction
CALL +44 (0) 161 337 3890

Opto - Overview

Location
Newcastle, United Kingdom
Price
£71,695.00
Completion
Q3 2019
Rental Yield
Assured rental of 8% net for 5 years

Investment Highlights

  • Invest from £71,695
  • Assured rental of 8% net for 5 years
  • Low entry level studio apartments
  • 227 studios across 8 floors
  • Array of onsite amenities
  • Flexible payment plan
  • Already under construction
  • Estimated completion date: Q3 2019

Opto is a contemporary new build student development located in a prime location in Newcastle. Opto is set to comprise of 227 fully furnished self-contained studios and an array of high-quality onsite facilities. The onsite facilities range from; a fully equipped gym, cinema room and external building set to host social events to a roof terrace with river views, courtyard with outdoor seating and private dining rooms.

Video - Opto

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below

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Development Availability

PropertySizeBedroomsPriceEnquire
Accessible Studio 21.37 square metres-£89,950.00Enquire
Studio15.25 square metres-£71,695.00Enquire

Image Gallery - Opto

Purchase Process

Option 1: 
1. Reserve your unit with a £5,000 reservation fee
2. 25% of purchase price due on exchange
3. 25% of purchase price due October 1st, 2018
4. 25% of purchase price due January 31st, 2019
5. 25% of purchase price due on completion

Option 2: (4% interest on deposited founds)
1. Reserve your unit with a £5,000 reservation fee
2. 50% of purchase price due on exchange
3. 50% of purchase price due on completion

Opto - Location

  • City Centre location - Excellent transport links and walking distance to all local attractions and amenities.
  • Newcastle University - Approx. 10-15 min walk from the development.
  • Northumbria University - 5 min walk from the development.
  • Quayside - Located in the trendy waterfront and next to vibrant waterfront vibrant bars, restaurants and coffee shops.
  • City Centre - The development is a short walk from the city centre and the main train station.
  • Close to the world-famous Gateshead - Millennium Bridge and the Sage Gateshead waterfront concert venue.

Nearby Amenities

  • 0.2 miles – Quayside
  • 0.4 miles – Northumbria University
  • 0.6 miles – Sage Gateshead Arena
  • 0.8 miles – Train Station
  • 0.8 miles – City centre
  • 1.0 mile – Newcastle University
  • 1.2 miles – St James Station
CALL +44 (0) 161 337 3890

Why Invest in Newcastle

Newcastle is the 4th in the UK for student experience and nightlife, resulting in student numbers continuing to rise year on year with continuing to increase the demand for purpose-built student accommodation. Opto is located a short walk from Northumbria University (home to 27,165 students) and Newcastle University (home to 22,000 students), with 15% of all students from overseas. From 2010 to 2015 Newcastle University saw a 70% increase in student numbers and Northumbria University saw a staggering 110% increase. Therefore, there is a high demand from an undersupplied market.

Why invest in UK student property?

  • With the sector recording average occupancy levels of 99%, student property provides exceptionally reliable income.
  • An impressive 505,680 students were placed in full-time UK higher education through UCAS in August 2017.
  • Student property has proven resilient to market fluctuations throughout history.
  • With a proven track record of returns and strong demand from students, 2017 witnessed an impressive £5.3 billion investment into the sector.
  • Applications from international students exceeded 100,000 for the first time ever in 2018 (UCAS).
  • Around 43,500 EU student applied for places at UK universities in 2018 – up 3% from 2017 (UCAS).
  • UK Purpose Built Student Accommodation (PBSA) is highly attractive to international investors.
  • There is still room for growth. Only a fifth of students live in university-owned PBSA.
CALL +44 (0) 161 337 3890
Hopwood House

Why Choose Hopwood House

Key to the success and growth of Hopwood House 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 Hopwood House 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@hopwoodhouse.com or Tel: +44 (0) 161 337 3890
 
We look forward to hearing from you!
  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

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