We are delighted to introduce, The One Residences, Leeds, our latest project that combines the opportunity for a strong yield with fantastic long-term growth potential in one of England's most exciting investment cities.
An introduction into what is sure to be a quick-selling development, positioned next to many of the pension fund and big-bank-backed BTR schemes. 125 units, starting from £196,500.
Why Leeds:
- House price growth projected by 2028 – 28.2%.
- Rental value growth forecast by 2028 – 18.3%.
- Excellent road connections such as the M62 and M1 mean easy access to the east and west coasts of Northern England and London, respectively.
- West Yorkshire’s economy is worth £70 billion with Leeds accounting for over 40% of this, having grown 32% over the past decade.
- Leeds is home to more than 25,000 businesses and has the highest ratio of private to public sector jobs of all the major UK cities.
- The city has nine education institutions and boasts one of the UK’s largest student populations, with over 75,000 students.
- It is home to over 1.4 million skilled workers across the region.
- Major commercial spaces schemes totalling £7.35 billion are currently under construction or in development in Leeds, while £3.9 billion worth of projects have been completed over the last 10 years.
- A total of £46.1 million is being invested into Leeds train station, which is being delivered by Leeds City Council on behalf of Network Rail.
- The ambitious £500 million South Bank initiative is set to reshape the landscape.
Build to Rent
Apart from the proximity to the key locations within Leeds (five minute walk to the train station as an example), another significant driver is that the big players in the Build to Rent (BTR) market are in this location. This shows faith in the longevity of the rental market and what these big funds expect the Leeds market to perform like over the mid-to-long term. When anyone asks, "why this location?’, a great answer to think about is why the pension funds, developers and banks chose this location to build their own developments.
This project offers individual investors a unique opportunity to invest in a location that is rarely available to the open market, outside of institutional funds.
Availability
- 54 executive residences starting from £196,500
- 45 one-bedroom residences starting from £250,000
- 11 two-bedroom residences starting from £339,000
- 15 three-bedroom residences starting from £417,000
Payment plan options
- £5,000 reservation fee to secure unit
- 20% deposit – 6% interest paid per annum over the build and furniture pack
- 10% deposit balance on completion – minimum £250,000 apartment price to qualify for this payment option
- Upon completion. We have our mortgage team available to assist with finding the best rate
We’d be happy to discuss this option further and answer any questions you have. Please feel free to contact us at rei@sableinternational.com if you have any questions.
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