Three reasons why Leeds is becoming an investment hotspot

 

As more investment continues to come to Leeds, there are increasing prospects in the city and wider region.

Leeds is slated for more investment and development in a range of areas, opening up opportunities for property investors. With transport improvements coming to Leeds, more businesses relocating and expanding there, and demand increasing for new homes, Leeds is set for an especially strong year in the property sector.

1. Transport

The first phase of the Institute for High Speed Rail and System Integration being established at the University of Leeds has been given planning permission. The proposals include the construction facility Centre for Infrastructure Materials and the Infrastructure Test Facility.

This is part of a wider plan to place Leeds as a centre for rail engineering, job creation and inward investment. The institute is expected to improve transport in the city, which will further boost the local economy and property market.

2. Businesses

Leeds has recently named the best place to start a business in the UK. Following Channel 4 and Sky making the move to Leeds, more creative and digital jobs have followed suit, which is further opening up more investment opportunities and bringing more people to the city.

There is a growing confidence in Yorkshire’s commercial property sector, especially in Leeds, as more businesses are expanding and relocating there. Even with a substantial amount of commercial development already in the pipeline in Leeds, many are expecting demand in new office space to grow.

Legal & General has even recently signed a long-term lease for a modular housing factory near Leeds, which is expected to initially employ between 400 and 500 people locally. As additional businesses open their doors in Leeds and Yorkshire, more people are likely to move to the city and region.

3. New homes

Leeds is seeing a significant amount of redevelopment and regeneration across the city centre, especially in South Bank. Many new housing developments will be brought forward through these regeneration projects. More than 8,000 new homes are expected to be created in the South Bank area alone.

In a report last year, Leeds City Council even suggested there is room for 20,000 more homes in the city centre, showing there’s the potential for extensive growth. As Leeds sees more investment, demand for high-quality rental properties is expected to increase even more.

2020 is shaping up to be an exciting year for Leeds. With more investment, growth and demand coming to the thriving city, it’s expected to be a lucrative time to invest in Leeds, especially in buy-to-let properties.

If you’re looking to build your property portfolio, check out BuyAssociation’s exciting investment opportunity in Leeds.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800

ba-

Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator

.

Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.

Login

Not a member? Sign up for free

Leeds

Three reasons why Leeds is becoming an investment hotspot

Example

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.