Over the last 7 years, Experience Invest has been at the forefront of the UK’s purpose-built student property investment sector.
The company’s foresight, and business model, has created a blueprint for individual investors to secure high yielding rental returns from a fully managed property in the UK’s best performing asset class.
Opto Student Newcastle
Opto Student Newcastle is the latest student property investment designed and created by Experience Invest. The purpose-built development is located in Newcastle’s popular quayside area and is just a short walk from two world-renowned universities.
The high specification building comprises 207 self-contained studio suites and an array of highly desirable facilities including a gym, games room, laundry room, a cinema and meeting room, 24/7 CCTV, on-site management and a reception, plus a courtyard that links the main building to a separate two storey outhouse.
The outhouse has been designed to enhance the student experience and is the perfect size for the management company, Opto Living, to host events throughout the academic year. The ground floor will contain two spacious dining rooms that will have access to a large modern kitchen. The top floor will have an open plan events space complete with a permanent DJ both, comfortable seating and access to a rooftop terrace that will have views of the River Tyne.
Prime location for student property investment
Newcastle has been pinpointed by the Experience Invest team as a prime location for purpose-built student property.
The city has a student population of roughly 50,000 students and, with applications to the University of Newcastle and Northumbria University continually rising, there is a high demand for student housing in the city to cater to increasing student numbers.
Commenting on fundamental factors surrounding the investment, Jerald Solis, Business Development and Acquisitions Director, Experience Invest commented, “There is a high demand for purpose-built student rooms in Newcastle, with 64.6% of students unable to access university or private sector student accommodation. This large undersupply of rooms led to an impressive 4% annual climb in student rents last year.
“Rising student numbers and continued investment in the city’s two universities will allow investors to secure a robust long-term income stream,” Solis added.
Invest in Opto Student Newcastle
For more information about investing in Opto Student Newcastle or to find out more information about the UK’s student property investment market, contact Experience Invest.