Why Kirkstall Road is Ideal for Property Investment in Leeds

March 25, 2020

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Article Summary

Leeds
  •  Kirkstall is quickly becoming one of the most in-demand parts of Leeds; for students, young professionals, and families alike.

  • There are a huge number of bars, eateries and shops in the Knowledge Quarter. Nearby to Kirkstall Road is the Vue cinema. Furthermore, situated on Kirkstall Road itself is the Hollywood Bowl.

  • Situated near to Kirkstall Road are the city's universities and numerous schools, attracting large numbers of students and families to the Knowledge Quarter. 

Kirkstall Road, Leeds is proving itself to be a hotspot for buy-to-let property investment. Part of the Knowledge Quarter of Leeds, the Kirkstall Road area is rapidly developing. Furthermore, it is quickly becoming one of the most in-demand parts of Leeds; for students, young professionals, and families alike.

Properties on Kirkstall Road benefit from low prices and high capital growth; both expected to grow as demand in the area rises. Expected here can be strong rental yields of up to 7%.

The mixed rental demographic at Kirsktall Road ensures buy-to-let investment security and durability. Neighbouring schemes like Iconinc have proven the high demand in the area. So rest assured with peace of mind in a confident investment here.

At just a short distance from Leeds city centre and its wealth of entertainment and top employers, Kirkstall Road is perfectly situated for people looking for modern city-centre living.

 

The Amenities in Leeds Draws a Number of Tenants, Creating Fantastic Property Investment Opportunities

But residents at Kirsktall Road don’t have to go that far for fantastic leisure amenities and employment prospects.

There are a huge number of bars, eateries and shops in the Knowledge Quarter. Nearby to Kirkstall Road is the Vue cinema. Furthermore, situated on Kirkstall Road itself is the Hollywood Bowl. Just a ten minute walk away is one of Leeds most loved lived music venues, the legendary Brudenell Social Club.

Also surrounded by green space are Kirkstall Road and the Knowledge Quarter. The neighbouring parks and playgrounds include the popular Burley Park, Willow Field and Burley Green with its incorporated playground. Burley Park even has free tennis courts, a basketball court and a bowling green, which are well-enjoyed by local residents.

 

Employment Opportunities at Kirkstall Road

Some of the biggest employers in Leeds are located within walking distance of Kirsktall Road, therefore driving young professionals to the area. Consequently, creating many property investment opportunities in Leeds. ITV is situated on Kirsktall Road, and a new Wellington Place development on nearby Wellington Street will see Sky Bet and HMRC move their offices here.

Further employment opportunities are also in the pipeline for Phase 2 of Wellington Place. Once complete, this development will create an additional 830,000sqft of office space, 50,000sqft of retail, health and community facilities and a 230 bedroom hotel.

Situated near to Kirkstall Road are the city’s universities and numerous schools. Consequently attracts large numbers of students and families to the Knowledge Quarter. And with over 35% of students opting to stay in Leeds after graduation, tenancies won’t end just because their courses have.

 

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.

 

Find out more

If you’d like to buy a Leeds property investment or would just like to see which property investment opportunities are currently available, contact North Property Group now.

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From £362,450

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