Back to news

South Leeds market update

December 16, 2021 | Landlords   Property market  

Share

Another Incredible Quarter for South Leeds

The fertile grounds of the south Leeds lettings and sales market have once again proven fruitful.
Rental prices rocketing into the stratosphere with increases of as much as 10%.
According to our own data, the highest increases have been seen in LS10 and LS11.

If there is any time to let or sell your property, it is most certainly now.

As our general housing market report for 2022 suggests, House prices are continuing to rise, leading to an increased demand for housing via renting.

South Leeds is set to play a big role in the coming months, contributing to the increasing prices of housing in the greater Leeds area.
An example would be a 2 bedroom, unfurnished house in LS11 reaching for £750+.

These kind of figures were once thought impossible by many in the property industry.
However that standard has now been blown out of the water and a new one is in its place.

bar chart showing that 33% of markets record a 10% + annual price growth across the UK

According to Knight frank Research, and shown here by the trend in the data. We are set for a UK wide expansion in the property sector, and no area will be more affected than south Leeds.

With the scrapping of HS2 to run through south Leeds, there has been a greater amount of investment from the private sector in the area to offset this.

Thus creating many more jobs in the private rather than public sector economy.

Naturally this growth in jobs and prosperity has begun to attract people who would traditionally not venture into the area to come in droves.

Compounding the Nationwide Price rise alongside the influx of potential tenants and first time buyers.
It is becoming clear that the south Leeds area, will be the area with the most financial potential.

 

Don’t miss out on this rare opportunity, South Leeds is set to take off.

We Have a track record of achieving target or above target prices for our rental properties.
We also offer the smoothest experience when it comes to sales.
Starting from as little as 10% + VAT for fully managed rentals or 0.75% for the sales process.
We charge NO EXTRA FEES.
Our prices are unbeatable and our service is without parallel.

Back to news

You may also be interested in…

The best time of year to sell your home is march, here’s why. (upload mid march)

Landlords

Tenants

03/03/2023

The best time of year to sell your home is march, here’s why. (upload mid march)

How much can rent be increased by?

Landlords

Tenants

10/08/2022

How much can rent be increased by?

Moving day questions – July 2022

Landlords

Tenants

02/07/2022

Moving day questions – July 2022