Why Invest

Introducing Leeds

The city of Leeds has the 4th highest population of students, with 4 universities in total. Home to the 5th largest financial services industry in the UK, worth over £2bn and with a highly-skilled workforce of 1.4m people, it’s no surprise that Leeds is a hotspot for buy-to-let property investment.

Leeds is one of the six cities set to benefit from the GBP7 billion Northern Powerhouse initiative, which aims to boost the economy and infrastructure of the country as a whole. Leeds is outpacing other regions with the city’s GVA forecast to expand by 2.0% annually from 2018 to 2022, above the 1.7% Northern England average.

Leeds has also seen an impressive array of recent developments including the £380m Trinity Leeds retail and leisure scheme, the £60m First Direct Arena and the £150 Victoria Gate development. The city boasts 9 education institutions and has the UK’s largest student population with over 75,000 students, giving the city a constant stream of highly qualified talent.

Key Stats

Why Choose Leeds

Construction

90,000 new homes are needed by 2021 – but only 60,000 are in pipeline.

Population Growth

It’s population is predicted to grow to 819,000 by the year 2024.

Rental Market

Leeds has the 5th largest Financial Services industry in the UK worth over £2billion.

Highest Rental Yields

6% rental yields, highest in UK.

House Prices

Anticipated 19.9% house price growth and 18.8% rental growth by 2022.

Airport Access

Easy access to Manchester Airport, the UK’s 3rd busiest airport.

History

Leeds was developed as a simple market town in the Middle Ages as part of the local agricultural economy. Before the Industrial Revolution, it became a coordination centre for the manufacture of woollen cloth, however afterwards, it was wholly transformed into a major city of industry which was commonly known as ‘the city that made everything’. Since the late 19th century, the Leeds borders have expanded to envelop neighbouring towns. Now, with a growing population of over 780,000, Leeds continues to make a positive contribution to the British economy through industry, education and innovation.

Leeds is highly regarded as a forward-thinking city, and with the introduction of the country’s first urban motorway and the first ever commercial railway, in addition to ground-breaking scientific developments in DNA structure in the 20th century, it’s no secret as to why. Other notable focal points associated with the city include housing the country’s most northerly commercial vineyard and the UK’s last gas lit cinema. Leeds continue to grow and develop for economic and environmental prosperity thanks to its 3.5 million square feet of retail floor space and its proud ranking of sixth place in the list of Britain’s ‘greenest’ cities based on environmental performance and quality of life.

Highlights

A Prosperous City With Real Potential

  • 1.

    90,000 new homes are needed by 2021 – but only 60,000 are in pipeline. This will ensure that house prices and demand will increase.

  • 2.

    Leeds has the 4th highest population of students, with 4 universities, making it one of the largest student populations in the UK (200,000).

  • 3.

    JLL place Leeds second only to Manchester in terms of house price growth expectations.

  • 4.

    Leeds South Bank is one of the largest regeneration schemes in the country proposed to receive over £350 million, create almost 8,000 new homes and an amazing 35,000 new jobs by 2028.

  • 5.

    Leeds has the 5th largest Financial Services industry in the UK worth over £2 billion.

City Location

As the busiest transport hub in the North, Leeds' Train Station is used by almost 30million people a year and has connections to major UK cities and towns. Transport links will improve even further with the development of High Speed Rail 2 (HS2), providing a flow-through of 60million people per year by the mid 2030’s.

Find Out More

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