An image of Leeds' bustling city centre, full of people and historic buildings

More housing investment in Leeds set to transform the city

Leeds is on the cusp of a major boom with another new investment plan announced in the South Bank area of the city, attracting more people and investors to the up and coming area.

The city council has been working on the regeneration of the South Bank and Holbeck area of Leeds for some time now, with a number of exciting investments already announced, and now a further scheme from X1 Developments is set to add further fuel to the area.

The proposals include plans to create 928 new apartments, as well as commercial plots, car parking and public space across five buildings, which will range in size from six to 20 storeys at 123-125 Hunslet Road. The area recently received approval for the regeneration of an 8.69 acre site bringing 750 new homes plus office and retail space, restaurants and other amenities. Construction is set to start in December.

Breathing new life into the city

X1 Developments commented: “X1 South Bank, Leeds will bring forward the comprehensive regeneration of this prominent city centre to create a vibrant mixed use neighbourhood.

“It will provide a high quality, innovative and sustainable development which enhances the historic environment and delivers new jobs, services and homes to meet the needs of a growing city centre and a new resident population.”

The Leeds city region is already the fourth largest urban and metropolitan area in the UK, with an urban population density of 9,450 people per square kilometre, or 3,650 per square mile. With all the extra development and regeneration in store for the city, particularly in the emerging South Bank area, it is set to go from strength to strength as a major hub in the UK.

Melissa Green of X1 added: “The finished project will incorporate modern architecture, great places to live and vibrant commercial spaces – all gathered around a high quality public realm.

“It’s an exciting project, which we expect the whole area to benefit from, enhancing the city’s growing reputation and breathing new life into this currently vacant site.”

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT