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From £144,500

Northgate House

  • From £144,500
  • Gross Yield: 6.7%
  • Completed
  • Est. Q2 2020
  • Lease Length: 250 Years

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  • Investment Highlights

    • Location is an investment hotspot
    • Impressive developer track record
    • High rental demand in this area
    • Incredibly close to the Universities
    • First Direct, ITV Studios, KPMG, ASDA, O2, Jet2, Capita, and more huge employers all nearby
    • Large rental demand from university students
    • Residential area; growth expected through owner occupier demand
    • Secure underground parking
    • Luxury apartments
    • Just 54 units
  • Property Description

    A brand new launch in 2019 comprising 54 luxury 1 and 2 bed apartments, Northgate House is located less than 3 miles from the Universities of Leeds. There is also secure underground parking spaces available for all apartments.

    Location

    Northgate House is located less than 1 mile from the Universities of Leeds. Therefore, it is perfect for international students and post graduates looking to live in the finest accommodation. With two of the countries leading universities (UoL and Leeds Beckett) and many associated colleges of law, art, music and Trinity College, Leeds student population is the fourth largest in the country and continues to grow attracting over 200k students each year.

    This area is advantageous for investors and buyers looking for a convenient property close to the city.  Meanwood and nearby Headingley are very much suburbs of the city, vastly growing and becoming modernistic in approach with a huge range of local eateries and shopping and attracting the affluent classes from the Leeds area.

    The Apartments

    Each of the 54 luxury apartments represent a well-appointed place to live offering a premium specification; including feature windows throughout, premium fitted kitchens, luxury bathroom suites and stylish lighting. Focused on delivering stylish practicality is the design theme.

    A Clear Demographic

    Many postgraduates choose to stay in Leeds upon finishing university; making it one of the most attractive university cities. Allowing opportunities to work in some of the countries leading sectors. Leeds being the home of some of the market leaders such as; First Direct, ITV Studios, KPMG, ASDA, O2, Jet2, Capita, to name a few. Leeds Bradford Airport is also located just 7 miles north of the city centre and is Britain’s 10th busiest airport.

    There is a trendy, vibrant and cosmopolitan nightlife; from fine dining at venues such as Man Behind The Curtain and Crafthouse, to exciting bars such as The Alchemist, Tiger-Tiger and more traditional Bierkeller.

    Guaranteed to attract a clear demographic of tenants is Northgate House. So it will be a huge success on the rental market.

    Just A Taste Of The Investment Case Near Northgate House

    Major employers are moving to Leeds - read The Telegraph's Article, also Channel 4 is moving it's HQ too, not only that but 6,000 civil servants are being relocated to a new Government Hub in Leeds in what is the biggest ever commercial property letting deal in the city’s history. Furthermore, Leeds is rivalling Manchester with major employers like Sky Betting & Gaming, Irwin Mitchell, Shulmans, Ward Hadaway and Willis Towers Watson having moved their headquarters to the region.

    Leeds incorporates about 200,000 students and 64,000 degree holders at the Universities - read the 2019 Leeds Population Statistics which shows the population growth as well as that the metropolitan is ranked as the largest economic centre of the UK, after London!

    The Abbey Grange Church of England Academy , which is next to Meanwood, was rated the best performing school in Leeds in October 2018.

    Importantly, for capital growth and future re-sale demand a YouGov survey has revealed that half of all homebuyers want to live near a supermarket- and when it comes to Northgate House, there is a Waitrose 150 metres away.

    Parking

    There is also secure underground parking spaces available for all apartments which is included in the property purchase.

    Construction at Northgate House Underway

    Construction is well underway at Northgate House which completion fast approaching. You can see our regular construction updates at Northgate House by clicking here.

    Specification

    - High quality internal doors to habitable rooms with modern door furniture
    - Timber painted front door
    - Soft white painted plasterboard ceilings and walls to all apartments
    - Wood floors, or similar to kitchen, living room and hallway
    - Engineered timber wood effect floors or carpets to bedrooms
    - Tiling to bathrooms and en suite
    - Double glazed windows with opening doors to balconies where applicable
    - Ceiling mounted smoke detectors and heat detectors
    - 13-amp circuits throughout
    - Metal finish to all visible sockets and switch plates and light switches
    - Low-energy, low maintenance lighting scheme
    - TV/DAB/Data Points/Telephone point to living room bedrooms
    - Wall mounted lights in bedroom and living areas

    External Specification

    - All apartments have video entry
    - CCTV to communal interval and external areas
    - Electronic controlled access to exterior doors
    - Secure cycle storage
    - 24 hour monitored lift to all floors
    - Secure underground car parking

    Invest With North Property Group

    Speak to our sales consultant by contacting us.

  • Property Address

    United Kingdom
    LS6 4HZ

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Information

  • From £144,500
  • Yield: 6.7%
  • Completed
  • Est. Q2 2020
  • Lease Length: 250 Years

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