Leeds residents have long known the wonders of the city’s Roundhay Park. Now, according to two recent studies by Flowercard and PoundToy, the Leeds park has been rated as one of the best in the country.
Desire for outdoor space
Both studies looked at TripAdvisor reviews of parks across the UK, with the PoundToy research also taking annual Google searches into account. The Flowercard study ranked Roundhay Park as the eighth best for beauty in the UK, while PoundToy listed it in its top ten most loved parks.
But what does this mean for people with a Leeds property investment? Following the coronavirus pandemic and months spent in lockdown, tenants requirements for a rental property have changed. Now, high on tenants’ wishlists are easy access to outdoor space – something many renters would pay more for.
Owning a buy to let property near a park – especially one as well-loved as Roundhay – is a good way to generate high rental demand and premium yields.
A truly special park
So what is it that makes Roundhay Park so special? It is one of the biggest urban parks in Europe, spreading over 700 acres of breath-taking scenery. Roundhay’s landscape covers parkland, woodland, gardens and lakes.
There is even a children’s play park, tennis courts and a café. Making Roundhay Park a particularly fun visitor experience is its Tropical World – beautiful greenhouses full of exotic plants and animals.
With so much to see and do it is easy to see why Roundhay Park boasts millions of visitors each year and has a 4.5 rating on TripAdvisor. The reviews enthuse that it’s a ‘beautiful place [with] fantastic views and [a] gorgeous lake’ and how ‘it’s frankly outstanding to find such a fabulous place only three miles north of Leeds City Centre.’
High demand for local properties
North Property Group have previously made available a number of exciting buy to let properties near Roundhay Park. One of these was Avenue Court, a boutique scheme of just 8 apartments located in Chapel Allerton and just 5 minutes away from Roundhay Park.
Due to the proximity to some of the best outdoor space in the country, a Leeds property investment in this area is likely to be in high demand from both investors and tenants.
To be the first to know when a Leeds property investment near Roundhay Park becomes available, or if you would simply like to discover what other buy to let properties there are in the city, get in touch with North Property Group to find out more.
Explore our property in Leeds
Gross Yield: 7%
Est. Q3 2023
Lease Length: 250 Years
Cities such as Manchester, Leeds, and Liverpool are not only cultural and historical gems but also burgeoning property investment hotspots.
As the vibrant city of Leeds continues to grow and evolve, it has emerged as a prime destination for property investors seeking attractive opportunities.
With its vibrant economy, diverse property market, and attractive returns, Leeds offers a compelling proposition for those seeking long-term growth and profitability.
Leeds has been on an upward economic trend in the past few years, with the supply of properties struggling to meet the demand that the influx of residents in the city is showing.