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Massive Boost in Demand for Holbeck in Leeds

November 9, 2019

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.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.

 

The Ironworks

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.

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Phoenix

From £362,450

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

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