Why Invest In Leeds

A solid Economy and strong population growth -

The last decade has seen Leeds become the 2nd largest economy in the Uk after London. Large scale regeneration work transforming the city, making it an ideal investment opportunity. This transformation has acted as a catalyst for strong economic growth. Leeds as a city contributes 5% of the Uk’s total economic output.

Business prospects -

What makes Leeds attractive to investors is that Leeds is one of the UK’s biggest business cities with over 1.3 million-person workforce and 126,000 companies contributing to  making Leeds one of the biggest business cities with employment in the city only forecast to grow over the next decade.

Leeds is home to some very big employers, including Asda, Jet2, Tetley’s Brewery, The Yorkshire Bank, The Leeds Studios, operated by Yorkshire Television, and Sky Betting & Gaming, as well as NHS Digital and NHS England. The financial sector in Leeds is also the 2nd largest in the UK.

Leeds is Home to One of the UK’s Most Exciting Rental Markets -

Leeds is a standout market for rental growth and plenty of options at affordable prices for property investors.

The influx of young professionals, a growing student population and young families locating to the city means the demand for property in Leeds is increasing at a rapid rate. To cope with the influx it is projected that Leeds will need 90,000 new homes however there are only 60,000 new homes in the pipeline. This in turn creates higher house prices due to the demand not matching the supply.

House price growth is said to increase by nearly 20% in 2022 making this a good investment for property investors looking to let out their property while the average rent price is looking to increase by 18%.

Thriving buy - to - let market

Leeds' low property prices combined with increasing rental costs means that the UK’s number 1 investment city currently offers some of the highest rental yields in the country. Buy to let property investors enjoy higher average yields of 4.29 % in Leeds, compared to 3.05 % in London.

Those investing in houses or apartments in Leeds can expect to see robust property growth, and acquiring a buy to let property can be a lucrative investment.