.The Leeds area of Holbeck has seen a huge boost in popularity from people buying property in the area. The fantastic location, the new Ironworks development, and the great independent restaurant and cafes in Holbeck made it a top choice for investment properties in Leeds.
High levels of demand for investment property in Leeds
Pent up demand during lockdown has caused a big increase in interest in investment properties in Leeds. The city has seen the biggest rebound in house price sales since the pandemic, with investors keen to take advantage of its strong and resilient economy.
Holbeck is perfectly placed for this growth. Its location close to Leeds University makes it popular for students. It is also part of the major new South Bank development, which will create 35,000 new jobs. This is set to bring plenty of young professionals to Holbeck. The South Bank itself has been identified as one of the best places for an investment property in Leeds.
Holbeck’s vibrant independent scene is another reason why more and more purchasers are turning their searches here. As well as an eclectic mix of independent eateries and bars – including an annual food and drink festival – Holbeck also offers fitness spaces and a thriving events scene (when normal life resumes).
The area is a hub for creative businesses, and there are plans to transform the historic Engine House building into a centre for film and TV production companies.
A major new development in Holbeck is The Ironworks at Holbeck Urban Village. The Ironworks is a sustainable housing project which encompasses a real village feel, despite being in the middle of Leeds.
In answer to growing calls for improved sustainability, the 68 striking, modern homes are energy-efficient and environmentally-friendly. Each property comes with a balcony, roof terrace or garden and a small public on-site park. This allows residents to have easy access to an outdoor space.
An investment opportunity in Holbeck
There is currently a great opportunity to purchase an investment property in the Leeds area of Holbeck through North Property Group.
The award-winning Victoria Riverside Apartments offers high specification, modern living in an area with proven tenant demand. The 330 one, two, and three-bedroom units start at just £142,500 with yields of up to 7%. They are selling fast.
Victoria Riverside Apartments will also feature rooftop penthouses and a convenience store.
Contact us- investment property Leeds
To find out more about Holbeck, Victoria Riverside Apartments, or any other investment properties in Leeds, contact the Leeds property experts at North Property Group today.
Explore our property in Leeds
Gross Yield: 7%
Est. Q3 2023
Lease Length: 250 Years
North Property Group has been named as a finalist in this year’s Yorkshire Business of the Year Awards, hosted by The Business Desk.
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.