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Property Listing Details

Studio for sale

Opto Newcastle, 85 City Road NE1

  • New home

£71,695

Features

  • 1 bathroom
  • 1 reception room
  • Leasehold
  • Prime city centre and waterside location
  • 8% net per annum assured for 5 years
  • 227 self-contained studios spread over 8 floors
  • On-site facilities unrivalled on the local student market
  • Delivered fully furnished
  • Fully managed by Opto Studio Living
  • 250-leasehold agreement
  • 10-year NHBC Certification upon completion
  • High demand location with over 50,000 students

Listing view statistics

Last 30 days: 90 page views

Since listed: 90 page views

Description

Agent House are delighted to bring to the market Opto Student Newcastle.

This is a high yielding UK Student Accommodation Investment located in one of the country's most under supplied markets.

Designed to address the lack of available high-quality student rooms, Opto Student Newcastle is strategically positioned to cater for Newcastle University and Northumbria University students and offers city centre, waterfront accommodation.

With a selection of highly desirable on-site facilities, Opto Student Newcastle is set to become one of the most desirable student accommodation buildings in the city.

Facilities
Gym,
Games Room,
Courtyard,
Cinema Room,
Outdoor Seating Areas,
Roof Terrace with River Views,
Communal Kitchen with Dining Rooms,
Outhouse for Events,
Laundry,
24/7 CCTV,
On-site Management,
Secure Fob Lock Access.

The target completion date has been scheduled for Q4 2019. The development is already under construction.

Option one: Pay £5,000 to Reserve a property, 25% less the Reservation Fee on Exchange of Contracts (28 days after Reservation), 25% due on 1st October 2018,25% due on 31st January 2019,25% upon Completion
Option two: Pay £5,000 to Reserve a property, 40% less the Reservation Fee on Exchange of Contracts (28 days after Reservation), 40% due on 1st October 2018,20% due on Completion, 2% interest on deposited funds

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Christ Church CofE Primary School 0.3 miles
  • Hotspur Primary School 0.6 miles
  • Manors 0.2 miles
  • Newcastle 0.7 miles

Price history

Sold prices provided by Land Registry
7th Aug 2018 £71,695 First listed

Running costs

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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Property descriptions and related information displayed on this page are marketing materials provided by Agent House. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Agent House for full details and further information.