This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- STRONG YIELDS OF 6.77%
- ABUNDANCE OF NEARBY AMENITIES
- FANTASTIC LOCATION - SITUATED IN LS2
- HUGE TENANT DEMAND
- STRONG POTENITAL FOR CAPITAL GROWTH
- A 7 MINUTE WALK FROM VICTORIA QUARTER SHOPPING CENTRE
- EXCELLENT PAYMENT PLAN
- GRADE II LISTED BUILDING CONVERSION
- UNIQUE CHARACTER BUILDING
- ESTIMATED RENTAL VALUE OF £1,100pcm
LEEDS INVESTMENT CASE The economy of Leeds has seen remarkable growth of 6% over that last five years. Whilst analysts expect that to accelerate by 8.8% over the next five years. With a working age population that stands at 140,000 just in the city centre. So it is no surprise that employment growth is also positive; with a forecast increase of 3.4% over 5 years.
But the Leeds region is far more than just a vibrant economy. It's a modern and creative place to work and live. With the ability to reach London in 2 hours by train, Leeds is truly a well-connected city. Growth is expected to rise with demand far outstripping the hard-to-find supply in Leeds. Therefore it's solidifying itself as one of the best UK cities to invest in currently.
YIELDS We estimate a rental value of £1,100pcm generating gross yields of 6.77%
LEEDS EDUCATION Leeds is home to three internationally recognised universities, one of the largest further education colleges in the UK and Europe's largest teaching hospital trust.
The city is thronging with more than 60,000 students – of which only 12,600 students are housed by their respective universities, with the rest relying on the private sector for accommodation.
With almost two in five graduates choosing to stay in the city after studying, there is an unprecedented demand for rental accommodation, particularly among young professionals.
STEM (Science, Technology, Engineering and Maths) graduates in Leeds – which are highly sought-after by employers – outnumber those in both Manchester and Birmingham.
Leeds City College, which had a £57m injected into its campus, is revolutionising the city's digital, creative arts and health sciences provision.
TRANSPORT HUB Offering incredible accessibility to the city's travel hubs, The Saxton Lane project is a 10 minute stroll from the bus and railway stations.
Leeds station is being transformed into a key national landmark and transport interchange featuring high-speed HS2 and regional services. The high-speed route will shave 50 minutes off the London-to-Leeds journey time to one hour 21 minutes by 2033. HS2 lines and platforms will reach directly into the existing Leeds station - and will offer easy access to the city centre, South Bank and the Waterfront.
Since the announcement of phase two of HS2, £500million investment has been attracted to Leeds. The redevelopment of the station is expected to generate 13,000 new jobs.
Connectivity within the city is also being transformed with a £20million overhaul of The Headrow, Park Row and Infirmary Street. This will improve public transport, cycle lanes and the bus network - along with creating two new public spaces.
Plans for a new state-of-the-art £150million terminal at Leeds Bradford Airport will also better connect the city to the rest of the world - as well as increasing passenger numbers by almost 100 per cent.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 102866002960. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by North Property Group - Leeds.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.