- Project Name Lucent Square
- Price 145,000 GBP
- Location UK, Leeds
PORTFOLIO SUMMARY
It has been over 20 years since Leeds was renamed ‘the Knightsbridge of the north’, finally brushing off the image of the 1970s ‘motorway city’ where a brutalist concrete landscape charmed the slumbering urban planners. Harvey Nichols took the plunge in 1996 to set up its first location outside London, and triggered a major rebranding of Leeds as a cool and sophisticated metropolis. Located in Leeds’s growing city centre, Lucent Square is a contemporary development with close connections to key amenities, major employers and transport links.
WHY INVEST IN LEEDS?
Leeds Economy has grown 40%over the last decade, and is currently worth GBP 18 BILLION, predominately due to thriving industries and growing population.
Economy:
Leeds’s GVA is forecast to expand by 2.0% annually from 2018 to 2022, above the 1.7% Northern England average
Rental demand:
18.8% rental price growth in 2018-2022, compared to just 12.6% UK-wide Employment: The working age population has experienced 10.2% growth from 2010 to 2017
Uplift:
Leeds’s house price growth is projected at 19.9% (2018-2022)
RENTAL YIELDS & PAYMENTS
20% Down Payment
Balance on completion
Mortgage available 65% LTV
5.6% Rental Yields
