Centenary House in Leeds Northern Quarter is Sold Out

September 11, 2020

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Article Summary

Leeds
  • Its popularity as a Leeds property investment is a given, with its eye-catching exterior and high-quality apartments in a sought-after location.

  • People that managed to purchase one of the units can expect yields of nearly 8% from their buy-to-let investment.

  • The Northern Quarter is an incredibly vibrant part of Leeds city centre with a multitude of shops, bars and restaurants, including everything on offer at the Victoria Gate shopping centre.

Centenary House, one of the most popular developments offered by North Property Group in Leeds, has completely sold out. Read our overview of Leeds property investments.

 

Leeds property investments – High demand in a top location

There was huge demand for units in Centenary House. Its popularity as a Leeds property investment is a given, with its eye-catching exterior and high-quality apartments in a sought-after location.

This grade II listed building completed in 2019 with unit prices starting at a very affordable £127,000. Furthermore, such a reasonable cost for these high-spec apartments, this will lead to strong capital growth.

Centenary House was a rare opportunity for Leeds landlords. As a result, lucky people that managed to purchase one of the units can expect yields of nearly 8% from their buy-to-let investment.

Investors at Centenary House can also be assured of a solid and secure asset in a buy-to-let flat here. Furthermore, building’s fantastic location in Leeds Northern Quarter ensures it will remain tenanted far into the future.

 

Why Leeds Northern Quarter?

So what is it about the Northern Quarter that makes it such a great location for Leeds property investments?

Firstly, it’s an incredibly vibrant part of Leeds city centre with a multitude of shops, bars and restaurants, including everything on offer at the Victoria Gate shopping centre. It’s perfect for people keen to experience city centre life and is in easy reach of the universities in Leeds. The Northern Quarter has quickly become the place to live for many Leeds residents.

Secondly, the Northern Quarter has a wealth of older buildings that are being repurposed into apartments, hotels and office space, with Centenary House being just one example of this. These redevelopment projects are creating unique opportunities for landlords interested in Leeds property investments with a difference. The buildings’ stunning aesthetics also makes them popular with tenants.

In conclusion, Leeds itself is a great place for property investors. With a resilient economy, booming population and affordable property prices, buy-to-let landlords in Leeds can generate some of the country’s best rental yields and high capital growth.

 

Other available Leeds property investments

If you unfortunately missed out on Centenary House, don’t worry! There are still other fantastic Leeds property investments  available with North Property Group.

No. 1 Brunswick Court is just one of these. Like Centenary House, and also owing to its Northern Quarter location, apartments selling fast with less than 10% of all units left. This development is completed, start generating profits straight away.

With expected yields of 7% there is no time to lose. Situated close to the Victoria Gate shopping centre, this development is already proving popular with renters. The high-spec finish of the apartments creates a comfortable modern lifestyle, ensuring longer tenancies.

 

What is property investment?

Put simply, property investment is property purchased with the intention of generating financial returns for its buyer. These returns could be in the form of rental income through buy-to-let properties, house price growth through the future sale of the property or both. Property investments can be owned by individuals or organisations and can be short, long or medium term.

 

Contact us

To find out which property investment opportunities are available on the Leeds market now, or to learn more about how property investment works, get in touch with the experts at North Property Group today.

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Explore our property in Leeds

Phoenix

From £362,450

   Gross Yield: 7%
   In Construction
   Est. Q3 2023
   Lease Length: 250 Years

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