All construction is now complete and all units are successfully tenanted.
Block D is now completed and has been handed over.
Construction of Block A has been completed and handed over.
The apartments are complete with tenants moving in shortly.
Construction of Blocks B & C are now complete and have been handed over.
The apartments are also completed, with tenants now moving in.
The Green Quarter show-flat video walk through is now available to view.
Photos enclosed show development progress as of March 2020.
Green Quarter is an exciting new, high specification development of 86 apartments offering the highest yields currently available in Leeds City Centre. It has an enviable location just a short walk from numerous major attractions in the city which has just been connected via CITU's £1.5m bridge. These attractions include John Lewis, Victoria Gate, Leeds Docks, SOYO, The Headrow which means Green Quarter well positioned to benefit from the growth of the Southbank area.
Each apartment is designed to be generously sized, to encourage long term tenancies and maximise rental income, whilst intercom entry systems and a luxury specification throughout will make for a safe and comfortable stay for all our residents.
Prices start at just £95,000, so if you are looking to invest in the fastest growing city in Britain, Green Quarter in Leeds is the place to be. With demand in Leeds far outgrowing supply, there has never been a better time to buy.
The thoughtful design of the development ensures that the apartments appeal to both homeowners and those looking to add to their investment portfolio great choice for those looking to purchase a Leeds City Centre Apartment with a high specification. Huge progress has been made and the site construction is underway, which we reported on in April.
Leeds City Centre investments offer some of the highest yields available in the UK. Not only that, but the Leeds economy is extremely diverse, robust and worth £18 billion, a growth rate of almost 40% in the last decade. Leeds has a vibrant cultural, excellent connectivity, outstanding value and a world leading approach in emerging and high growth sectors, To put it simply, Leeds is a compelling proposition for stable, long-term growth and North Property Group offer a diverse range of investments across the Leeds region.
Green Quarter currently represents the safest and most interesting investment in Leeds City Centre. The project offers an exciting opportunity to secure a brand new apartment in a thriving part of the city with gross yields up to 7.65% and net yields up to 7.00% (this is a huge NET return for Leeds City Centre; the service charge at this scheme is just £1.08 a sqft so your returns do not get eaten up by any additional costs). The rental demand in Leeds City Centre has been incredibly buoyant for years and shows no signs of slowing down.
It has been estimated that the north, particularly Leeds, will begin to see some of the UK’s highest average price growth increases within the coming decade.
The city of Leeds has experienced capital appreciation over the years. It has experienced a solid 4 % growth from prior periods. Leeds also has new property development projects within the City Centre, extremely strong business hubs, brand new tech start-ups and other opportunities.
Leeds also has property in well sought-after postal codes that make it an ideal area for growth. LS1 and LS11 are great areas for businesses and employment, particularly for city employees. The huge Southbank regeneration is leading the way for growth on the south side of the Leeds river. We explored and reported on the Southbank redevelopment last year, which you can read here.
Despite the fact that other areas within the UK appear to be economically unstable, the city of Leeds is still exceptionally promising. There have also been investments made into revitalising the City Centre, all of which make investing in properties much more attractive for investors across multiple spectrums.