3 Bedroom Apartment for Sale
Whitehall Road
£240,000Whitehall Road
£240,000
Welcome to one of the most prestigious developments in the UK's Number 1 Investment City, Leeds.
Located close to the £350 million South Bank regeneration project, soon to be home to 8,000 new homes and 35,000 new jobs, Our development is set to be a new icon on the Leeds Skyline.
A unique, sail-like fa?ade marks a departure from the city's existing residential developments, creating a new relationship of building to skyline. Thoughtful interior design is combined with private, south-facing roof terraces and a residents-only garden to provide extra living spaces. The result; a progressive inside-outside living experience that encourages inclusive communities for people to experience the best of city living in our ever-evolving city.
Designed by multi award-winning architects, you can secure early access on this stunning residence in one of the highest growth regions in the UK - predicted by experts Savills to witness house price growth in excess of 21% in 5 years.
Investing in Leeds
Leeds has quickly become a major financial powerhouse in the UK, with the City Region's economy becoming the largest in the UK outside of the capital. Core growth sectors have helped Leeds establish a strong foothold. The Financial & Professional services in the region are worth £13 billion and its Manufacturing prowess contributes £7 billion to the economy.
With a thriving job market and a large student population, the need for suitable accommodation is vital. Property prices are expected to grow by nearly 20% by 2022, and rental figures are expected to reach 18.8%.
As of April 2020, the average property price in Leeds is £225,032, a 4% increase over a 12-month time period. In the same time frame, London's house prices have only risen by 2%.
Demand for Investment
Leeds has the second fastest growing population in the UK, increasing at a rate seven times faster than London's. This means there's a severe lack of residential properties in the area to meet demand.
The region's growth has sparked many investments over the years. In 2014, Leeds City Region created the biggest Growth Deal in the country, and the Leeds City Region Strategic Economic Plan is set to increase annual economic output by £3.7 billion, creating 35,000 new jobs by 2036.
Alongside Manchester, Liverpool, Newcastle and Sheffield, Leeds is one of the major regions set to benefit from the Northern Powerhouse initiative. Upon completion, the plan will attract more people to Leeds, paving the way for further investment opportunities and business growth
City Centre Developments
Redevelopment is at the top of Leeds' agenda. The regeneration of the South Bank area will be one of the most significant city transformations in a century, doubling the size of the city centre, creating 35,000 new jobs and 8000 homes.
Channel 4 has set up its headquarters in Leeds City Centre and is set to move into their permanent base in the Majestic building this year. The addition of Channel 4 puts Leeds firmly in running as an ever-growing media hub, adding a new diverse sector for the region to specialise in.
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Tenure: Leasehold (250 years)
More Information from this agent
This property is marketed by:
Browns & Co Property Ltd - Browns & Co Property, Liverpool, L3
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