Overview This is a fantastic development; situated just a stone's throw from soyo and only a few minutes from Leeds City Bus Station, we can already tell there will be huge tenant demand from young professionals wanting easy access to transport links and Leeds's top employers.
The development boasts an incredible specification and on-site amenities such as a concierge service and gymnasium. Two-bedroom apartments start from £215,000, with an estimated rental value of up to £1,695pcm.
Excellent amenities this project boasts a number of premium desirable amenities including a state of the art gym, fitted with floor to ceiling windows and caters to the needs of the active young professional tenant base. The project also has a concierge system, which operating for 24 hours, ensures optimum security and round-the-clock maintenance meaning tenants can go to work knowing their packages will be looked after.
Their is also a large co-working space for residents, allowing tenants to work from home in comfort, in addition to an expansive ground floor communal terrace, giving tenants outdoor space to gather, socialise and relax.
Tenant demographic Due to the strategic positioning of the development, it is expected to appeal to a mixed demographic of tenants which gives the investment a large amount of dynamism and durability. Investors can rest assured there will be no shortfall of tenant demand.
Young professionals As the project is located just a short commute from the financial district, soyo, bbc Yorkshire, Victoria Gate, Trinity Shopping Centre, The Headrow and the lgi, the development will appeal to a variety of professionals working across a number of different sectors.
Students Situated just eight minutes away from the universities, the development will appeal to students looking for high-quality living. The development is expected to appeal to international students on scholarships from their embassy, students studying at Masters and phd level, and student nurses – particularly due to the high level of amenity which international students desire.
A combination of regeneration, public investment and outstanding education facilities has seen Leeds become the uk's fastest growing city with a £60bn economy. Now home to a population of more than 800,000, the former wool trading town is the largest economic centre in the UK after London.
Over the next decade, the economy is expected to grow by 21 per cent, with the financial services sector accounting for over half the increase.
Burberry has made a commitment to build a new £50million factory in Leeds South Bank and Vastint's plans for the Tetley Brewing site are prime examples of investor confidence in the city.
Leeds United have this season been promoted to the English Premier League. This is estimated to generate around £200m in investment and development.
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.
High specifications This development sits at 21 stories tall consisting of 204 one bedroom, 144 two bedroom and 19 three bedroom apartments The apartments are spacious, modern and bright, all of which are bathed in light from the huge windows and have chic interiors alongside unrivalled views of the city.
The open-plan layout means that every bit of space is utilized while remaining a comfortable and homely space, natural décor and high-spec finishes elevate the apartments to luxury status.
Each kitchen is modern and complete with fully integrated appliances, including a washer, dryer, fridge freezer, dishwasher, a four zone induction hob and oven, alongside ultra slim solid laminate worktops fitted with LED lighting, ensuring that the kitchens are both stylish and fully functional.
Bathrooms are complete with slick, grey tiling that generates a clean and luxurious feel. To provide ultimate comfort, the bathrooms boast a thermostatic mixer and shower kit as well as back to the wall W/C equipped with a concealed cistern.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||0.8%||£96,500||2||1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£98,328 (3)||£82,821 (55)||£119,808 (51)||£221,063 (8)||-|
|Flats||£115,910 (52)||£176,758 (65)||£214,500 (10)||-||-|
|All||£114,951 (55)||£133,704 (120)||£135,331 (61)||£221,063 (8)||-|