logo

Vita Student Newcastle,
Strawberry Place

Award-winning PBSA in an iconic north-east location

331 PBSA BEDS

Award-winning accommodation in the heart of Newcastle city centre

ON SCHEDULE

Construction due to be completed 2017

ICONIC ADDRESS

Located opposite the world-famous St James’ Park football ground

HIGH RETURNS

Student property in Newcastle commands high rental premiums

INVESTMENT OVERVIEW

331 units

Due to be completed 2017

Located opposite St James’ Park

Institutionally funded

INDUSTRY LEADING ACCOMMODATION IN THE CITY WITH 70% PBSA RENTAL PREMIUMS

PBSA in Newcastle is both a demand and a necessity in Newcastle. When Vita Student Westgate launched, the benchmark for quality student accommodation was raised in the city. But while it may have increased expectations, it barely scratched the surface of the level of investment needed in this hugely undersupplied student property city. Vita Student at Strawberry Place will go some way of addressing this – and taking the student living experience in Newcastle up yet another level.

A LANDMARK LOCATION

Students living at Strawberry Place will be immediately embedded into the fabric of the local life. Standing proud across the road from Vita Student is St James’ Park stadium, home to Newcastle United Football Club. The national sport in a one-club city; it’s a location of huge importance to the people of Newcastle. Strawberry Place is also walking distance from both the University of Newcastle, Northumbria University at Newcastle train station. And with the city’s famous museums and nightlife also on the doorstep, students will feel at home from day one.

Google map

THE BEST STUDENT PROPERTY RETURNS IN THE UK

Investment levels in UK PBSA are currently at a five-year high. The growing demand for a British education from international students is driving the demand for the highest quality accommodation. Nowhere else has this arguably been felt more than in Newcastle. The city’s 9,000 overseas students compete with more than 41,000 domestic students for just 10,000 PBSA beds each year, every year. The result is a student property market that commands rental premiums of 70%, the joint highest in the UK. Strawberry Place will help to address Newcastle’s 5:1 demand to PBSA supply imbalance. It will instigate huge student interest. It will drive investor returns.

FACILITIES AND SERVICE THAT GUARANTEES INVESTMENT LONGEVITY

Vita Student at Westgate brought the UK’s industry-leading PBSA to Newcastle. Vita Student at Strawberry Place takes this reputation to the next level. For the first-time Newcastle will now have the finest five-bedroom cluster apartments for students to live with friends, along with 271 studios designed to the highest specifications. Strawberry Place will boast one of the biggest Hub areas that have become synonymous with the Vita Student brand, encouraging social interaction and helping establish a vibrant new community. And while this new development will showcase the evolution of the brand, students will immediately recognise the legendary Vita Student experience that helped the brand change the face of UK student accommodation.

A PROVEN INVESTMENT

Vita Student is a proven model. You can see a full track record of 100% occupancy across all our operating developments in the UK. You can hear from investors like yourself, earning returns they were promised. You know Select Property Group is fully committed to you, your tenant and your investment.

Subscribe to our newsletter

Please enter your name and email address

There was an error with your subscription. Please try again.
Thank you for subscribing. You will now be fully informed of all investment property news and insights.