The Property Ombudsman

Leeds

A vibrant city in Yorkshire

With a population of close to 800,000 and over 109,000 businesses based in the region, Leeds is one of the UK’s biggest and most economically diverse cities. Employing a skilled workforce of over 1.9 million, Leeds city is the second largest region in the UK.

A true European business destination in the heart of Yorkshire, Leeds has the largest manufacturing sector in the UK worth in excess of £7 billion. With an economic output that’s larger than nine EU countries, and home to over 30 financial institutions, Leeds has a GVA of over £60.5 billion and is now widely regarded as the UK's main financial and business service centre outside London.

Why invest in property in Leeds?

Leeds is experiencing strong rental demand from young professionals and city workers with rental returns outweighing those found in other comparable cities.  With developments soon to be completed such as the much anticipated regeneration of the South Bank, the new Leeds Railway southern entrance and a new campus for Leeds City College, the area is thriving on the opportunity to create and attract new investments, new businesses and ultimately, new jobs.

Leeds is certainly a city on the up with great investment prospects. What’s more, recent figures show the city’s average rental yields continue to remain steady at around 5%, whilst we aim to provide investors with unparalleled buy-to-let yields of around 7%.

Sources:

*http://www.yorkshireeveningpost.co.uk/news/latest-news/top-stories/world-class-masterplan-for-leeds-s-south-bank-gathers-pace-1-7351045