I regret that this opportunity has now sold out
If you are looking to start property investing or you are looking to grow an existing portfolio, this is an opportunity that you should consider. By UK property investment standards, the capital requirements are low and the upside potential is outstanding.
The development is a high specification residential redevelopment of an old factory building close to Leeds City centre. Leeds is the fourth largest city in the UK with an economy that has grown 40% over the last decade. The city is a regional financial and legal centre with a further 8.3% growth expected over the next five years driven in part by an ongoing £350 million urban regeneration initiative. The city boasts nine universities and a student population of 60,000.
JLL ranks Leeds as the UK number one city for rental and price growth forecasting 19.9% value growth and 18.8% rental growth by 2022. Those or impressive statistics by any standards.
Rental demand is high. There are 60,000 university students in Leeds. The economy is forecast to grow by 21% in the next 10 years. In 2017 Leeds had the highest net jobs growth in the UK with 14,500 new jobs created. £7.3billion investment across the Leeds region in construction and future pipeline (from 2017).
This project is a high spec conversion of an attractive, old factory building. One-bedroom units start at £93,000, two-bedroom units from £130,000 rising to £156,000.
If you would like to know more get in touch for the full prospectus. Please email me at [email protected] or call me direct on +971 50 618 6463.