Located in the heart of Yorkshire, Leeds is one of the UK’s top-performing cities. In recent years, Leeds has gained a lot of attention thanks to its thriving property market, with growing property prices and high levels of demand creating some positive opportunities for property investors. Much like the popularity of student property investment in Liverpool and Manchester, one area of the Leeds property market which stands out is the Leeds student property investment market. Here are three reasons why you should consider student buy to let in this UK hotspot.
The Benefits of Leeds Student Buy to Let
High Rental Demand
One of the most important factors to think about before you make a property investment is whether or not the area generates consistent rental demand. With a student population of over 60,000 and a number of top institutions including the University of Leeds, Leeds Metropolitan University, and Leeds College of Art, those considering Leeds student property investment can expect plenty of demand.
Leeds is a popular city of choice for overseas students, with the University of Leeds alone attracting over 9,000 international students to its wide range of courses. With a high level of demand, especially from overseas students, Leeds has started to offer more high-end and luxury forms of student accommodation. With attractive features like super-fast WiFi, onsite security and maintenance, and communal areas for tenants to socialise, this new type of luxury student living is overtaking the more traditional shared housing style of student property. This type of purpose-built accommodation is on the rise across the UK, with £3.1 billion being invested into PBSA in 2016 – £72 million of which was spent in Yorkshire.
Strong Growth Prospects
According to a recent report by JLL, property prices in Leeds are expected to rise by around 115 between 2020 and 2022. This is a substantial level of growth, especially when compared to London’s predicted growth of 4.5% by 2022. Next to demand, capital growth is another of the most vital things to consider when selecting your investment opportunity, which makes student property investment in Leeds a fantastic option.
The strength of Leeds when it comes to property market growth has a lot to do with the extensive regeneration which is ongoing throughout the city. Operating as one of the key cities of the Northern Powerhouse scheme, the economy of Leeds is said to have grown at a faster rate than London since the end of June 2014 when the scheme was first launched. Regeneration schemes planned for Leeds include the £161 million plans for Leeds train station, and the Southbank Scheme, which will extend the city centre and create new homes and offices for city centre residents. All of these new developments will not only improve the quality of life for students in the city, but also help grow the value of your student investment property in Leeds over time.
Attractive Rental Yields
Student property investment is typically known as one of the best ways to generate high rental returns, and in an area like Leeds, your chances of strong rental yields become even higher. As a whole, Leeds boasts some of the most attractive rental yields in the UK, with an average yield of 4.29%. For a Leeds investment, student property can be a good route to take due to the fact that rental costs for student accommodation are increasing.
In Yorkshire and the Humber, the average annual rental cost for student accommodation increased from just over £4,000 to almost £6,000 from 2011 to 2018. With student developments priced from around £50,000 in many Leeds areas, investors are able to benefit from a large return on their investment in the form of impressive yields. Some of the best Leeds postcodes for rental yields include spots like Headingley, one of the biggest student areas of the city which generates yields of 7.4%. Other student areas such as Burley, Woodhouse and Hyde Park can create rental yields of 5 or 6%, leaving you with plenty of return on your Leeds student property investment. All in all, Leeds investment into student property is a smart move if rental yields are your main focus.
Find your Ideal Investment Property
Start SearchReady to Invest in Student Property?
Much like other Northern cities like Manchester and Liverpool, when it comes to UK investments, Leeds is a fantastic city to focus on. If you’re thinking of buying a student investment property, Leeds is a great property hotspot to consider thanks to its ever-growing demand, strong potential for growth, and high rental returns. However, if you’re interested in student property, Leeds investment isn’t the only route you can take.
Here at RWinvest, we have a range of fantastic Liverpool student property investment opportunities available, all of which come with affordable, below-market prices and attractive yields. To take your first step towards a UK student buy to let venture, be sure to contact us today and we’ll go through all the necessary steps to help you find your ideal investment.
What do we offer?
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Investments
Below Market
Value prices
High Rental
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Potential for
Capital Appreciation
Poets Place
Dual-Use Apartments
8% NET Rental Return
£7bn Pound Regeneration Zone
Fabric District Residence
Premium Micro-Apartments
8% NET Rental Return
In £2bn Knowledge Quarter
City Point
159 Luxury En Suite Apartments
8% NET Rental Return
Completed & Tenanted Investment
Poets Place
Dual-Use Apartments
8% NET Rental Return
£7bn Pound Regeneration Zone
Fabric District Residence
Premium Micro-Apartments
8% NET Rental Return
In £2bn Knowledge Quarter
City Point
159 Luxury En Suite Apartments
8% NET Rental Return
Completed & Tenanted Investment
Rated 9.2 out of 10 based on 479 reviews on
This is my first time using RW invest, i was a little sceptical at the start as never have done an off plan purchase before hence much riskier strategy. However the team behind were extremely proactive with all the different stages of transactions from general queries to efficient and prompt response to emails, update on progress and chasing any issues on my behalf. I would like to say a huge thank you to Jamie Critchley (investment consultant) who was the main reason for me to make a decision to invest with RW. Jamie was extremely efficient in providing me with a detailed breakdown of the deal, he was always available to talk over the phone, and swift reply on email. He has deffinately added the personal tailor investment for me. In other side of the team Claire Czarnecki from Client care section was equally commendable for her timely and well organised structure which taken me towards the exchange of contracts in time. She looked after the entire process till exchange, making sure the solicitors receive the documents and chasing any issues. This being my first experience with RW invest Liverpool Parliament Square project i would highly recommend using them as the team are very productive and professional in making the entire experience of buying seemless. I will be now setting off towards the completion which is next year 2021, and i am positive that the next team would do an exellent job as the first two.
Paulo Motichande
17 January
CharlottE was extremely helpful during the process of us buying our investment property. She was always at the end of the phone, even via WhatsApp as I live abroad, offering to help and assist with the process wherever possible. This isn’t the first time we have used RW Invest and I will happily use them again for our next purchase. Totally trustworthy
Kimberley Foulkes
17 January
Claire’s friendly efficiency made the initial stage in this process a piece of cake. Certainly a factor I will take into account in considering future business with you establishment
Feisal
13 January
Claire Czarnecki, Client Care Assistant at RW Invest did an amazing job handling my plot. I felt I was always informed as to what stage of the process we were at. I was happy with the updates I recieved, which were always prompt and precise. I wish Claire the best in the future.
Abid Ahmed
08 January
Great support from the team in general, but particularly Claire and Cheryl in helping get my purchase over the line. A professional client-focused service.
Samuel Mathew
08 January
Rated 9.6 out of 10 based on 145 reviews on
Daniel been a great assets to me through the process. I've been informed on every step on the way that made me very much aware of the expecting process and steps forward. Many thanks Daniel for you help and support
Sami Sarhan
14 December
Great company, made the process easy but detailed enough for us to feel easy about it. Always communicating and never too much trouble to do anything. Charlotte was particularly great to deal with.
Hussain Bhaiji
13 December
So far with my time spent with RW invest has been great!! Cannot say anything bad about them, Especially Clair, she was a great lady from the start and still is till present, helped me with everything, made sure I was happy and if I needed anything she'll be there to assist and shes done/doing so. Recommend by far and once all is well I will hopefully be giving another Review. You can vouch my word for it!
Baby Evolve
14 November
First time i want to RW invest i was very impressed by how they do things. There is no pressure sale at all they show you the developments available and you choose whats best for you. The best thing about RW invest is that they do everything that is promised to you. Through from day 1 when i put the deposit down to the day of the exchange they called me every 1-2 days to talk me through the process and what needs doing. Thank you Daniel Stewart!!! Hopefully this is the first of many more investments with your company.
Viet My Singer
29 November
Make sure that you read very carefully all the media coverage and facts about the Liverpool property debacle. Be aware that the UK property market is unregulated and no smooth talking sales person will help you when if all goes wrong. Buyer beware. Just Google Liverpool property scandal and watch the tragedy unfold.
Julia King
03 January