Property Investment in Leeds
If you are reading this, it’s likely that you believe that property is the best place you can invest your money for the long term. After all it has consistently outperformed every other asset class for decades when you consider both its yield and capital growth. But where is the best place to invest and which kind of properties work best? You need to be armed with a certain amount of knowledge and information to be able to make an informed choice before you buy. Without that in place, you could be making all kinds of very expensive mistakes! Sadly we see this quite a lot. That’s where our team of property professionals come in. You’re in the right place - we’re the leading property investment specialists in Leeds and we’re here to advise and guide you on the strategies that are proven to work best, coupled with an in depth understanding of our local market that comes from many years of experience here on the ground in our local market.
Should I invest for yield or capital growth?
What kind of yield can I expect in Leeds?
This varies from area to area but broadly speaking, in Leeds, you should expect yields of 4-7% on buy-to-let properties, and 8-12% on HMO’s. ROI is generally considered more important than yield however and, once you know what your detailed costs are, you will be able to calculate this fairly accurately. ROI will be much higher if purchasing with a mortgage as leverage, since less of your own cash is required.
What kind of capital growth can I expect in Leeds?
House prices increased by 9.1% between September 2021 and 2022, and 7.6% during the same period in the year prior (Source - Zoopla).
Leeds has consistently performed in the top 5 cities in the UK for capital growth for many years now. Leeds is currently seeing one of the largest regeneration projects in Europe with its redevelopment of the South Bank, a £500m scheme, which will see the creation of 35,000 jobs and which is set to double the size of the city centre.
Property values go down as well as up and you need to be prepared for that. The long-term trend, especially for an island, with increasing demand for homes and where we have historically been unable to meet house building targets, has been an upward trend.
When investing in property, you should always do so with a long-term outlook.
Which are the best areas in Leeds to invest in property?
Which types of property work best for investment in Leeds?
Our team of experts have been advising investors for many years and our in depth understanding of our local market makes us a great place to go to when you have questions about investing in the Leeds property market.