A development not to be missed; Mabgate Gateway Apartments is one of just a few new builds currently being developed in Leeds City Centre. Situated in the Northern, and built to compete with the growing demand for the area has been this apartment block.
Positioned in a strategic location which is enjoying massive investment, Mabgate Gateway is within a 5 minute walk of the new prestigious Victoria Quarter shopping centre which hosts names such as Harvey Nichols, Paul Smith and Vivienne Westwood as well as being home to the largest John Lewis store outside London. The Northern Quarter is hugely popular with young professionals, students and the international student market. The area has great access to the ring road and Motorways, not to mention a short walk from many of the city centre's biggest employers, university and leisure amenities.
The development is also minutes from the SOYO redevelopment plans (SOuth of YOrk Road) with apartments, bars, restaurants, a hotel and public spaces being created. Set to undergo a "game-changing" transformation is the Quarry Hill area of Leeds; with a five year redevelopment programme worth in the region of £300m.
It is also less than 0.1 mile from the state of the art, Singapore funded Hampton by Hilton By Hilton site. This is a 192 room, 14 storey hotel which is due to be the highest specification hotel in Leeds. Already begun and should be completed by mid 2019 is the work.
Leeds' property prices have shown stable growth over the past 17 years. Furthermore, experts forecast that the annual price growth in Leeds will surpass the growth in Manchester, Liverpool and Birmingham by 2020. Expected to grow by 21.6% by 2021 are house prices in Leeds.
There is also a good mix of apartments throughout the scheme creating a sustainable Build to Rent environment. The specification will be of high standard; adopted for the Build to Rent market and designed to be durable for a long term hold.
Block A comprises of 33 apartments and is due for completion in July 2018.
While block B will comprises of 59 apartments and is due for completion in September 2018.
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