Feature Development – Springwell Gardens, Leeds
Savvy property investors have been looking to the city of Leeds to find high-quality new homes with ready-made audience of potential renters, and Springwell Gardens is offering a collection of apartments in a strategically important location close to the city centre.
Right now is an early opportunity to purchase one- and two-bedroom homes in a landmark building designed by award-winning Nick Brown Architects, which is scheduled to open in 2022. The combination of unique ‘sail-like’ shape with features such as private, south-facing roof terraces and a residents-only garden has been done to create an “inside-outside living experience”. Investors can purchase here with a deposit of 10%, with prices currently starting at £133,950.
The latest figures illustrate the potential audience for new homes like this in the centre of the city. The Leeds City Region has a skilled workforce of 1.4million people in an economy with a GVA (gross value added) of £69billion – the largest outside of London – and specialises in sectors such as technology, healthcare and manufacturing. EY’s (Ernst & Young) annual Attractiveness Survey has identified significant interest in the digital and business services sectors from foreign and direct investment.
The city is home to nine education institutions and boasts one of the UK’s largest student populations, over 75,000 of them, meaning a large audience of undergraduates and newly qualified people who all need somewhere to live that provides easy access to where they work.
Springwell Gardens has a strategic location on Whitehall Road which is home to the new Government Hub, Yorkshire Post, NHS Digital and the HMRC. Many major amenities, such as. Leeds railway station, the city centre and the new £350million South Bank development, are just 10 minutes’ walk away.
In terms of what investors and their tenants get at Springwell Gardens, apartments are fitted with dark grey Porcelanosa kitchens with handleless doors, Krion worktops and range of Bosch appliances. Flooring includes tiles and engineered wood, and there’s white sanitaryware and neutral tiling in all bathrooms. Investors have the option to have their property fully managed by a leading UK agency.
With prices starting at £133,950, there are ‘first pick’ and pre-launch prices for early-bird investors, you can find out more about Springwell Gardens from Aspen Woolf.
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