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?
Hands Off
Investments
Below Market
Value prices
High Rental
Returns
Potential for
Capital Appreciation
The Bridewell
Historic Victorian Building
8% Assured NET Rental Return
100% Tenanted
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
8% Assured NET Rental Return
100% Tenanted
8% NET Rental Return
In £2bn Knowledge Quarter
Rated 9 out of 10 based on 655 reviews on
The guys at RWinvest were helpful all through the buying process. I was sent pictures and build updates monthly throughout. Once completed the rental was paid into my bank when expected. Any questions I had the RW team were always happy to answer.
Steve O'Donnell
20 November
City residence purchase I have booked an apartment with RW invest and i am very pleased with the service provided.. i was initially dealing with Lewis and then Daniel towards the end and both of them have been very helpful and available anytime needed via phone, text and emails... would definitely recommend them..
Tanzeela Khan
16 November
City Residence purchase. Up to now the service by the staff at RW Invest has been excellent. Initially Jennifer was able to answer our questions and reassure us as she showed us around the Liverpool office and Rachael has been excellent, keeping us updated and sorting out any issues that arised before completion. The service has been excellent so far. I'm hopeful the following stages until the building is ready is as smooth and trouble free! M Hannan
M Hannan
14 November
RWInvest and the team have been amazing ! They really listened to our requests and were helpful in each stage of our buying. Daniel really follows up us until everything went fine and another team took care of us. He replied to our questions and we felt we could contact him anytime We are waiting ours apartments to be ready for 2021 now and hopefully , we will have more business with RWInvest ! Jeremy and Jessica
Jeremy Orion
12 November
RW-Invest has an professional team of sales people who are excellent in explaining the upsides of their investments. If it wasn't for their explanations I wouldn't have felt confident to take the risk investing in one of the residential properties. Tom O. at RW-Invest was very friendly and cordial. I was asked to pay a non-refundable deposit of £5,000 to reserve the investment, although I was very nervous I was made aware that the investment was too good and I was likely to lose the unit, with hindsight I think it just a way to psychologically manipulate the potential investor with two goals. The first one is that by accepting those investors who are optimistic and happy to sign, they select those less likely to make a fuss in case of issues later on. The second goal is to instil soft pressure to the investor. Morally there it is questionable whether this approach is acceptable, although I was made aware of the deposit wasn't refundable however the process is still left me with little negativity as no downside factors were discussed. I would strongly recommend for RWivest to consider the 14 days cool off period, this will let novice investor like myself to change his mind as the mainstream businesses provides nowadays, whilst most developments require only a 10% deposit and 90% paid at completion. In my case the initial deposit was 50% followed by a 25% when the external work was completed and a final 25% at completion. From RW-Invest point of view this was made very clear in the beginning, so they didn't do anything wrong, however at the time as a novice investor I didn’t understand the pitfalls as well as I do now.
Giancarlo Pfeifer
03 November
