Landlords
Tenants
03/03/2023
It’s a fresh start to a New year, we want to give you all an update on the property market so you can make an informed decision if you decide to invest. Let’s get into the data.
As you can see from the data displayed above, South Leeds is now in a sellers market, with supply reaching the lowest point seen in 5 years and demand ever increasing as Leeds expands. Prices are bound to only increase from this point onward.
I don’t know about you, but to me that line looks like its shooting straight upwards! 32% in 5 years, this is an insane level of growth, ~ 6 – 8% a year, every year. A Property is one of the safest investments you can make, at best it rockets in price, at worst you have a place to live or rent out, its a no-brainer.
£144m of investment pouring into the area, combined with the low supply, high demand is a recipe for a bull market, assuming the application success rate of 88% applies to 391 applications, 344 projects will be approved to go ahead. There is no better time than now to go ahead and invest.
Source: PlanningPipe
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Starting from as little as 10% + VAT for fully managed rentals or 0.75% for the sales process.
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