student accommodation investment in Newcastle-upon-Tyne, with non status funding, up to 11% net yields projected from year 1 and fully managed

The Glassworks, Newcastle-Upon-Tyne

Principal International are pleased to announce the launch of The Glassworks student accommodation investment in Newcastle-upon-Tyne.

The cash input required for these excellent properties starts from just £35,750 and investors can take advantage of non status funding. This exciting new development offers extremely competitive projected returns of up to 11% net from year 1.

Investors can choose between en-suite student pods, set in clusters of 4-6 rooms with shared kitchen and common rooms, and self-contained en-suite studio apartments. All rooms are finished to a high standard and fully furnished, with access to high speed internet. All properties are fully managed by a specialist and reputable national operator for a fully managed hands off investment.

The Gateshead Millennium Bridge, the tilting bridge, has integrated the older Newcastle Quayside more closely with major cultural developments in Gateshead, including the Baltic Centre for Contemporary Art, the venue for the Turner Prize 2011 and the Norman Foster designed Sage Gateshead music centre.

The University of Newcastle-upon-Tyne is very popular, ranked 12th in the Sunday Times University Guide and the latest results from the annual National Student Survey (NSS), which gathers the views of undergraduates has shown that 89% of students are happy with their overall experience at Newcastle.

Northumbria has two separate campuses. The largest, City Campus, is situated in the centre of Newcastle-upon-Tyne and has recently been extended with the building of a £100 million development at City Campus East. The Coach Lane Campus is situated in a suburb of the city, 3 miles from City Campus and linked by the University's free bus service.

The Glassworks project enjoys a superb central location, within 1 mile of both the University of Newcastle and Northumbria University, which combined have 50,000 students enrolled. The Glassworks is also close by to the popular Newcastle Quayside and the Gateshead Millennium Bridge, which is highly attractive to students as the area is a thriving cosmopolitan area with bars, restaurants and public spaces.

Availability is strictly limited, therefore investors are advised to act promptly to avoid disappointment.