Leeds is a major UK business centre that is continuing to undergo major transformation, all while experiencing a population growth at a rate that is seven times faster than London! To further compliment this, JLL has tipped Leeds for the highest price growth in the UK, believing that house prices in Leeds will grow by 19.9% over the next 4 years, so now is the perfect time for making a property investment in Leeds.
Regeneration and Investment
There are many huge regeneration projects currently underway in Leeds, bringing new investment opportunities to the city.
The South Bank project will transform Leeds, doubling the size of the city centre as well as its economic impact. The development is located within the largest regeneration project Leeds has ever seen. It will turn the South Bank area into a global destination for investment, sustainable living, learning, culture, creativity and leisure. Once complete, South Bank will bring 35,000 new jobs, 8,000 homes and a new international commercial district to Leeds. Leeds South Bank is one of Europe's most exciting sustainable growth locations and will transform Leeds city centre. With the development ideally situated in the heart of South Bank, this is one of the best property investment opportunities available in Leeds.
Another significant project is SOYO. Once complete, this £300 million development will be the heart of the Leeds cultural scene. This extended cultural quarter beings with it almost 150,000 sq ft of office, retail, and leisure space, as well as 700 residential units. Thanks to SOYO's numerous trendy bars, restaurants and outdoor spaces, the area is likely to become one of the most desirable in Leeds.
To find out more about the Leeds property market and everything it has to offer, click the link below to download our free Leeds investment guide.