Leeds has seen the biggest rebound in house price sales since the coronavirus pandemic in the UK. The city has also had the fourth highest growth in property prices.
Whilst the northern city may not be on your radar, the city holds strong opportunities with high yields from buy-to-let investments.
A new, eye-catching residential skyscraper is being developed in Leeds and sold exclusively by North Property Group. Phoenix will be the fourth tallest residential building in the city, offering unrivalled opportunities for an investment property in Leeds.
Breathtaking views and luxury living
Phoenix will be made up of two blocks – Block A standing at 21 stories tall (223 ft) and Block B at 17 (180 ft). Each building’s façade will feature extraordinary architecture with interiors finished to an incredibly high, modern spec.
Helping make Phoenix one of the most sought-after investment properties in Leeds are the unparalleled views over the city and West Yorkshire. The 367 one, two and three bedroom apartments at Phoenix also boast luxury fittings and thoughtful designs throughout. From the stylish yet functional kitchen, to the Amtico wood effect flooring and white satin woodwork, each apartment will be created for luxury modern living.
With 2,696 sq ft of communal internal space, Phoenix provides a wealth of top amenities. These include a 24/7 concierge service (only offered by two other developments in Leeds), a large co-working space, a state-of-the-art gym, and a communal terrace with relaxing outdoor space.
The development is one of the only UK projects with amenities of this quality, making it a unique investment property for Leeds and the entire country.
Strategic location in the heart of Leeds
Set in the cultural district of Leeds, Phoenix is just a stone’s throw away from the Leeds Playhouse, Northern Ballet and Opera, and numerous Leeds further education facilities.
Phoenix’s prime location also gives tenants easy access to the city’s numerous vibrant bars, restaurants, and shops. Just moments from the Headrow – the main gateway and shopping centre of Leeds – as well as the city’s financial and business districts, Phoenix is strategically situated to be a strong investment property in Leeds.
Amazing investment with strong interest
Units at Phoenix start at just £142,450 for a one-bedroom apartment. With only 10% required on exchange, investors can secure a property in this one-of-a-kind development for as little as £14,245.
Investors can also be assured of strong returns, with yields expected to reach 7%. North Property Group even offers a fully-managed service for a truly hands-off investment.
Thanks to the unique, exciting nature of Phoenix, there has already been huge interest from overseas investors looking for a fantastic investment property in Leeds. Buy-to-let investors are therefore urged to act fast to avoid missing out on this one-off opportunity.
“North Property Group supports all property investors with expert advice and guidance. We truly offer the opportunity of a lifetime” Oli Banks – North Property Group Managing Director