Central Leeds Named Top UK Property Investment Hotspot
Three central Leeds neighbourhoods have been named as a UK property investment hotspot. The LS3 postcode, which includes the Burley, Kirkstall and Woodhouse areas of Leeds, has been given the top rating by property market forecasters, PropCast.
Fast growing areas
With their great locations on the edge of Leeds city centre and excellent transport links, LS3 is one of the region’s fastest growing areas. The Woodhouse district is home to the University of Leeds and has a range of properties to choose from, including redbrick housing, terrace properties and modern apartments. Popular with students, residents in Woodhouse can enjoy its numerous bars and restaurants as well as the beautiful green space of Woodhouse Moor.
The suburb of Kirkstall is just 3 miles from Leeds city centre and is popular with families, young professionals and students alike. There is something for everyone in Kirkstall, including a new shopping centre, plenty of green spaces and numerous eateries. With its excellent schools and spacious houses, Kirkstall has a vibrant, growing community and offers fantastic opportunities for the rental market.
Burley – Leeds student investment
Burley is especially attractive for buy-to-let property investors seeking a UK property investment. There is a strong rental demand in this area. Young professionals in particular – as well as some students – are flocking to Burley. They are drawn by its excellent location close to Leeds city centre with its fantastic job opportunities, as well as the area’s own charms. Burley offers its residents plenty of local amenities, attractive green spaces and parks, as well as thriving nightlife in nearby Headingley.
Oli Banks, managing director of North Property Group, says, “It’s great to see areas of Leeds again being named as the top UK property investment location. Leeds is one of the fastest growing economies in the country and has the best rental market in the UK, so it’s unsurprising that it’s been proven once again to be a prime location for property investors.
“We’re particularly pleased to see the LS3 postcode come out on top as there are lots of exciting developments planned there. Burley and Kirkstall are being heavily invested in and they are quickly becoming the most up-and-coming areas in Leeds.”
Property investment experts
Based in Leeds themselves, North Property Group are experts in the area and perfectly positioned to help you on the road to a Leeds property investment. They fully understand the Leeds market and are enthusiastic to help property investors add Leeds to their portfolio.