From students to professionals and young families, there are good returns for investors in Leeds due to the strong rental market.
These are some of the best investment flats and houses on the market in the city right now:
5. Northgate House
Northgate House is a collection of 54 luxury one and two bed apartments on Stongate Road in Meanwood. It benefits from being near to Headingley and the Chapel Allerton neighbourhoods. It is described as a great living area for working professionals, students and post-graduates. Investors can enjoy potential annual rental income of 7%, way above the national average, Aspen Woolf says. Prices start at £154,500.
Photo: Aspen Woolf
6. Alexandra Park Apartments
The Alexandra Park Apartments are another development by North Property Invest. Construction is already underway on the Burley Road site and it is expected to be completed by the Q3 of 2022. Situated in a key student area, this property could be let to students or professionals who are looking for a short commute into the city centre. Prices start from 149,995.
Photo: North Property Invest
7. Sitting tenant in Colton
This terraced town house on the market in Colton is perfect for people looking to invest, as it already has a sitting tenant.The home, in Holly Tree Lane, has three bedrooms, with master en-suite, as well as nice gardens, drive and garage. It is on the market for230,000 with Manning Stainton.
Photo: Manning Stainton
8. Hyde Park student flat
Parklane are offering an investment opportunity in Hyde Park - the heart of student area of Leeds. This two bedroom flat in Harold Place is on the market for £215,000. The agent says it is the "ideal hands off investment with a 7 per cent net guaranteed return for two years". The basement could also be converted into a further two bed apartment subject to planning if the buyer was to purchase the Freehold.