Northgate House-Leeds

Northgate House-Leeds

Northgate House-Leeds

Stonegate Road, Meanwood, Leeds, LS6

Invest Opp, Invest Opp UK

Price:154,500 £

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Property ID :

 RH-7850-property

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Bedrooms

1

Bathrooms

1

Year Built

2019

Description

Northgate House is a stunning turn-key property investment. This city centre development comprising of 54 luxury 1 and 2 bedroom apartments in the highly desirable postcode LS6 area of Leeds is the second largest financial city in the UK with the financial and insurance services industry worth £13 billion to the city’s economy.

Leeds has a population of over 3 million people and attracts over 200,000 students per year. Northgate House would be suitable for business people including students who are seeking a more substantial accommodation.

Key Investment Facts

  • Potential 7% annual returns
  • Luxury accommodation
  • City centre location
  • Experienced developer
  • Proven service provider
  • Ground rent £250 (1 bed) £300 (2 bed) per annum
  • Leasehold is 250 years
  • Total price includes secure parking
  • All monies are held only to order of progressed work on site and can only be released by certificate
  • Completion schedule: Block A Dec 2019 – Block B March 2020

Why Invest in Leeds

Leeds is a contemporary city with vision of becoming a 24 hour European city. Leeds has been growing a modern economy whilst reflecting it’s heritage and culture.

Business

Leeds is the second largest financial city in the UK. Maybe, that’s why many postgraduates choose to stay in Leeds upon finishing university making it one of the most attractive university cities, allowing opportunities to work in some of the country’s leading sectors, Leeds being the home of some of the market leaders such as First Direct, ITV Studios, KPMG, ASDA, O2, Jet2, Capita, to name a few.

Leeds has one of the most diverse economies of all the UK’s main employment centres and has seen the fastest rate of private-sector jobs growth of any UK city. It also has the highest ratio of private to public sector jobs of all the UK’s core cities, with 77% of its workforce working in the private sector. Leeds has the third-largest jobs total by local authority area, with 480,000 in employment and self-employment at the beginning of 2015.

The city is ranked as a gamma world city by the Globalization and World Cities Research Network.

Leeds is served by four universities and has the fourth largest student population in the country and the country’s fourth largest urban economy.

Today, Leeds has become the largest legal and financial centre, outside London with the financial and insurance services industry worth £13 billion to the city’s economy.

The finance and business service sector account for 38% of total output with more than 30 national and international banks located in the city, including an office of the Bank of England. Leeds is also the UK’s third-largest manufacturing centre with around 1,800 companies and 39,000 employees, Leeds manufacturing companies account for 8.8% of total employment in the city and is worth over £7 billion to the local economy. The largest sub-sectors are engineering, printing and publishing, food and drink, chemicals and medical technology. Other key sectors include retail, leisure and the visitor economy, construction, and the creative and digital industries.

Best shopping city in the UK

With over one thousand shops perfectly housed in spectacular arcades and traditional historic building alike, with luxury high end brands such as Louis Vuitton, Vivienne Westwood and Harvey Nichols. There has been a £500M investment in major retail.

Location

Northgate House is located less than 1 mile from the Universities of Leeds. Therefore, it is perfect for international students and post graduates looking to live in the finest accommodation.

With two of the Country’s leading universities (UoL and Leeds Beckett) and many associated colleges of law, art, music and Trinity College, Leeds student population is the fourth largest in the country and continues to grow attracting over 200k students each year.

Public transport, rail and road communications networks in the region are focused on Leeds, and the second phase of High Speed 2 will connect it to London via East Midlands Hub and Sheffield Meadowhall. Leeds currently has the third busiest railway station and the tenth busiest airport outside London. Leeds Bradford Airport is located just 7 miles north of the city centre and is Britain’s 10th busiest airport.

Property Type and Prices

1 bedroom apartments prices from £154.500.00 to £165,500.00
2 bedroom apartments prices from £185.000.00 to £230,000.00

Payment Process

  1. Discus and confirm your unit with us.
  2. Complete the reservation form and transfer your £5,000.00 reservation fee (per unit).
  3. Solicitor instructed.
  4. On exchange of contracts, transfer 25% of the funds (within 28 days) plus furniture pack payment in full.
  5. Transfer balance minus the reservation fee already paid on completion

Contact us using the enquiry tab (right of this page) to request either a call back to discuss this investment opportunity, current availability and latest prices or request our comprehensive e-brochure including floor plans and furniture pack.

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