Published: 30/01/2020Thinking of taking the leap onto the property ladder in 2020 but not quite decided where to buy?
Have you considered Leeds?
With a thriving centre, high quality housing and amazing transport links, it’s easy to see why the cities popularity is increasing at such a rapid rate. Whether you’re a young professional looking to purchase your first home or a growing family looking to upsize, the city of Leeds has something to cater for everyone. And if you still need convincing, we’re rounded up just six of the reasons why Leeds is the perfect place to buy a home in 2020!
If you’re looking to base yourself outside of Leeds city centre then you have ample choice when it comes to deciding on one of the many bustling suburbs to plant your roots, all of which have their own unique quirks and individual appeal. One of these suburbs being Headingley , well known for its student population but the area is now much more appealing to families and young professionals looking to position themselves a stones throw from the city centre whilst still remaining part of a thriving community with plenty of local amenities to stay busy! Meanwood is another extremely popular up and coming area due to its easy access to the city centre and its excellent choice of local primary schools.
Employment opportunities in Leeds
Leeds is the UK’s fourth largest city and the second biggest in the North of England. One of the nation’s most important financial centres, our great city is expanding faster than any other in the country. Leeds economy is worth a whopping £65 billion and rising every single year.
With businesses from a wide variety of sectors choosing to base themselves in the city, Leeds is becoming a much more attractive proposition for young professionals looking to work their way up the career ladder. As well as being home to several global companies such as Asda Walmart, Leeds also has a growing start-up and SME community who over the past few years have become significant employers within the city.
Rising House Prices
Property prices in Leeds have grown by 17.04% since 2014 and that doesn’t look to be slowing down anytime soon so if you want to hop on the ladder now is the time to make your move! The LS6 area (Beckett Park, Burley, Headingley, Hyde Park, Meanwood, Woodhouse) in particular is expected to be one of the postcodes that will see the biggest rise in house prices in 2020. These figures only emphasise the desirability and popularity of the area which is set to continue for many more years to come.
Despite these rising prices Leeds is still an affordable place to step onto the property ladder with house prices averaging at £222,825. When compared to the likes of London which would cost you an average of £657,770 to purchase a home, Leeds seems like a pretty attractive proposition!
Leeds is home to a large number of highly rated primary and high schools so no matter where you choose to base your family you’re sure to have access to great education. Places for the top rated schools can be extremely competitive, with several primary schools regularly being oversubscribed so be sure to look into catchment areas before you start house hunting to ensure you’re looking to settle down in the right areas.
You no longer have to head into the centre of Leeds to experience a bustling city atmosphere as several of the livelier suburbs are home to a number of shops, pubs, bars and restaurants which means you can stay closer to home whilst still enjoying time socialising with friends or family. Many areas are also boast a whole host of independent businesses which means you get to support local whilst shopping and eating out in quality and unique establishments which is a huge win-win!
On the Doorstep to Yorkshire
If you love getting out of the city at the weekend and donning your walking boots then you can be inhaling fresh country air in under thirty minutes by being based in Leeds. With the Yorkshire Dales on your doorstep you have unprecedented access to some of the UK’s most incredible scenery which is one thing that should never be taken for granted. Alternatively, if you’re not up for a full day of rambling then you could head to check out the amazing views at Ikley Moor, jump on the train to York or even spend a day mooching around the spa town of Harrogate. Lots of great local day trips that all ages are bound to enjoy!
If we’ve managed to convince you to plant your roots in Leeds then be sure to get in touch to find out how we can help you to find your perfect home in 2020!
[Featured image courtesy of Wikimedia Commons]