Featured property: Aire Lofts Duplex
Property purchase price plus refurbishment costs: £325,000
Rent: £1800 per month
A sustainable duplex apartment in Leeds’ Green Quarter
The rental sector in Leeds continues to be a strong investment option for landlords.
Leeds is the UK’s fastest growing city with a £64.6 billion economy which is forecast to increase by 21% in the next ten years.
There’s a high demand for good quality rental homes because the city is home to high profile businesses including Channel4, Sky and Jet2 as well as one of the UK’s largest student populations, with over 75,000 students.
The city offers a wide variety of property types from traditional student HMOs to high-end apartments.
Our client, developer Citu, has revolutionised the market in the Leeds with its Climate Innovation District. There are a number of exciting opportunities for investors to secure properties in this sustainable development. For example, this stunning duplex apartment in riverside development, Aire Lofts, which offers a gross yield of 6.6%.