North Property Group recently unveiled their brand new development in the Leeds cultural district. Named The Phoenix, this exclusive new investment opportunity will redefine Leeds with its twin blocks of residential apartments. Here are five reasons why you should be excited as we are about this landmark investment property in Leeds.
1.It will transform the skyline
The twin buildings that make up The Phoenix mean there are no other investment properties in Leeds like it. With Block A standing at 21 stories (223 ft) and Block B at 17 stories (180 ft), The Phoenix will be the tallest building constructed in Leeds in over a decade.
The extraordinary project is a partnership between two of the most innovative residential developers in the industry. The scheme is being jointly led by Torsion – who has created some of the UK’s most exciting developments – and Khalbros – whose varied mix of past projects include a Grade II listed conversion.
2.It offers hotel-style amenities…
Now more than ever, people expect easy access to all of their amenities. At The Phoenix, residents will have a huge choice of on-site amenities at their doorstep.
As well as large lobbies and outdoor seating areas, a 24/7 concierge sets the Phoenix apart. Currently, only two other developments in Leeds offer his service, which ensures security and peace of mind for residents.
The Phoenix also contains a state-of-the-art gym. Plus a large co-working space for people who want to work from home in comfort.
The Phoenix is one of the only UK developments with such high-quality amenities available, making it a truly one-of-a-kind investment property in Leeds.
3…and luxury living spaces
But it’s not just the communal areas that offer such luxury. The spacious apartments are all finished to a high spec and designed with a modern lifestyle in mind.
All units boast modern, high-quality appliances and contemporary design, including Amtico wood effect flooring. The modern, bright interiors and unparalleled city views top-off the apartments’ luxury.
There are 204 one bedroom apartments at The Phoenix, as well as 144 two-beds and 19 three-beds, giving a good selection of investment properties in Leeds.
4.Affordable apartments mean high returns
The affordable prices of investments at The Phoenix make it one of the most potentially lucrative investment properties in Leeds. To demonstrate this, prices start at just £142,450 for a one-bedroom apartment with strong rental yields expected of 7%.
Investors only need a 10% deposit to secure an apartment. And with an unbeatable payment plan, the option for a truly hands-off investment, and 98% occupancy rate across North Property Group’s portfolio, investors will have real peace of mind.
5.It’s in a fantastic Leeds location
The Phoenix is strategically situated in the heart of the Leeds cultural district, which itself enjoys a prime central Leeds location.
Tenants will have the whole city on their doorstep. Whether they’re a student or professional, they’ll find themselves close to the many prestigious universities and top companies the city offers. And if they simply want to enjoy themselves at a restaurant, bar, theatre or shop, there is no end of options close by.
Find out more
If you’re interested in finding out more about The Phoenix, contact North Property Group today. Our friendly and professional property experts will give you everything you need to make The Phoenix your next investment property in Leeds.