Riverside Mills, Leeds from £142,500
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
Investment
Strong investment opportunity in the Northern Powerhouse of Leeds
