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Riverside Mills, Leeds from £142,500

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INVESTMENT OVERVIEW

Residential Investment:

Award-winning mill

conversion in the

Northern powerhouse

of Leeds

A sympathetic conversion of the former Hunslet and Victoria flax spinning mills which has laid derelict for over 40 years.

The development will extend to 330 superbly specified apartments comprising a mix of one, two, and three-bedroom units. The plan also include rooftop penthouses and a convenience store.

Riverside Mills  forms part of Leeds £350m South Bank Regeneration Scheme and sits ¾ mile away from the proposed new HS2 station.The site enjoys an excellent location adjacent to the River Aire and offers easy access to Leeds city centre.

Every year the Leeds city region produces 38,900 graduates from its nine universities, many of whom choose to stay for work after university.

Market Overview

Leeds

Economy

UK’s second-largest economy

House Prices

JLL est. 19.9% growth by 2022

Rental

JLL est. 18.8% growth by 2022

Considered the cultural, financial and commercial heart of the West Yorkshire Urban Area, Leeds is a thriving hub, central to the North of England. Leeds is a fundamental part of the Northern Powerhouse initiative and acts as one of the main cogs in driving investment into the city. In terms of the housing market, house prices are rising rapidly with no sign of slowing down.

Leeds city centre is a thriving melting pot for investment, bound together by a strong culture and world-class amenities. As London’s house prices are dwindling dramatically, the capital is falling off the top spot for investment as regeneration is coming to a halt and investors are looking north to source a worthwhile investment.

Project

Award-winning spinning mill conversion of high-spec apartments


Types
Apartment
Bedrooms
One, two & three bedrooms
Price
From £142,500
Completion
Q4 2020

Investment

Strong investment opportunity in the Northern Powerhouse of Leeds


Rental
Short-term let
Return
Est. 12.37%
Payment Plan
On request
Mortagageable
On request

Alternative Investments

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