The West Yorkshire city of Leeds has fast become one of the best places to invest in student property. Home to over 60,000 students and boasting affordable prices with high rental yields, a student property investment in Leeds is a top choice in 2022.
High Rental Yields for Leeds Student Investment Property
Thanks to the perfect blend of affordability and high rental income, the return potential of the Leeds student property market is one of the best in the UK.
According to official Land Registry data, the average house price in Leeds is valued at £217,725.
While this is higher than Manchester, Liverpool, and Birmingham’s, it’s still an impressive £52,983 below the UK average.
More importantly, this average is for the entire Leeds housing market, with Leeds student investment property available for as low as £50k.
Factoring in annual rental income estimated to be around £7,683, property investors making a Leeds student accommodation investment could net returns between 8 – 15%.
It gets better:
Leeds student rental income has been known to rapidly increase over the years, with the average annual rental cost for student accommodation increasing from just over £4,000 to almost £6,000 between 2011 to 2018.
It’s understandable, then, that research from Paragon ranked Leeds in the top 10 best places for investing in student accommodation.