90,000 new homes are needed by 2021 – but only 60,000 are in pipeline.
It’s population is predicted to grow to 819,000 by the year 2024.
Anticipated 19.9% house price growth and 18.8% rental growth by 2022.
HIGHEST RENTAL YIELDS
6% rental yields, highest in UK.
Leeds has the 5th largest Financial Services industry in the UK worth over £2billion.
Easy access to Manchester Airport, the UK’s 3rd busiest airport.
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.
A PROSPEROUS CITY WITH REAL POTENTIAL
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.
JLL place Leeds second only to Manchester in terms of house price growth expectations.
Leeds has the 5th largest Financial Services industry in the UK worth over £2 billion.
Leeds has the 4th highest population of students, with 4 universities, making it one of the largest student populations in the UK (200,000).
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.