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Leeds Leeds Leeds - looking for some advice before taking a trip up there


sam boots

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Hi all,

New to the forum and trawling through all the great content.

Myself and my wife are looking for buy to let properties (mainly in the areas recommended by Rob and Rob on the podcast). Leeds stands out a bit for me, I've spent a couple of nights in Leeds and like the city centre a lot so am quite keen on the area for a buy to let. We're mainly looking for new or nearly new apartments that will require (hopefully) minimal effort in terms of management. I've noticed the LS9 postcode is relatively cheap and it seems there is a lot of regeneration going on neary by with the South bank regeneration and Climate Innovation district. 

Biggest concern with the area is maybe it's a little too far out (approx 25 min walk to the station according to Google Maps) and possibly a bit sparse of nearby amenties until the above regeneration projects are further down the line - who knows how long that could take?? I've seen other posts mentioning that captial growth could be slow but the yield could be high in this area but we are probably more concerned with captial growth at this stage. 

I'm wary that the area may be a bit run down so any advice on the  LS9/Cross Green area in general would be appreciated. We plan to take a trip up shortly but with limited time available would like to focus on properties in the right areas.

Any advice much appreciated!

Cheers

Sam

 

 

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Hi Sam,

I'm based in Leeds and can certainly see that there is good potential for capital growth in areas of LS9, however I would ensure you spend some time in the area and have a good walk around. There are some nice areas around Neptune Street, East Street, Marsh Lane that I would choose to live in if I wanted a flat. If you venture towards the other side of LS9 i.e. East End Park, Cross Green, Burmantofts, Harehills, you couldn't pay me to live there, however most of this area is terraces so probably not of interest to you.

Personally I would consider LS1/LS2/LS4/LS6 areas as they already have some good amenities. There's the Northern Quarter around North Street/Regent Street where there is lots of redevelopment going on that may also be of interest to you.

Feel free to drop me a message if you want to ask any questions.

James

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On 4/11/2019 at 9:27 AM, Djpix99 said:

Hi Sam,

I'm based in Leeds and can certainly see that there is good potential for capital growth in areas of LS9, however I would ensure you spend some time in the area and have a good walk around. There are some nice areas around Neptune Street, East Street, Marsh Lane that I would choose to live in if I wanted a flat. If you venture towards the other side of LS9 i.e. East End Park, Cross Green, Burmantofts, Harehills, you couldn't pay me to live there, however most of this area is terraces so probably not of interest to you.

Personally I would consider LS1/LS2/LS4/LS6 areas as they already have some good amenities. There's the Northern Quarter around North Street/Regent Street where there is lots of redevelopment going on that may also be of interest to you.

Feel free to drop me a message if you want to ask any questions.

James

Thanks for your reply James - this development was in the Cross Green area and after spending a bit of time on Google Street View, we decided against it :)

Have seen a couple around the Northern Quarter and the location looks to have a bit going on but like you say, would be good to take a walk around before committing to anything. 

Thanks again - I might be in touch with some questions!

Sam

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