First time investor Leeds

[lizr]

Hi, i'm a first time BTL investor. I would really appreciate views on whether this is a good investment. 1 bed flat £150k in Saxton Lane, Leeds LS9. It's off plan development to be completed Q3 2022. Rental yield 6.5%. 

I'm interested to know if Leeds as a whole is worth while and particularly this area of LS9 which is a 17 min walk to the station. Plan is to keep the property for 5 to 10 years. I've heard growth in Leeds is expected to be 3.2% p.a is this correct?

[yorkshirepropertygroup]

Hi hope you are well , yes most definitely  leeds is a Good place to invest right now alongside other cities . I am familiar with the ls9 area as I have an estate agent in Ls8. However  personally there are alot of properties in ls8 and ls9 where you can achieve  a 8-10% annual return. I will be more than  happy to help source something for you which can bring you 8-10% yield

Thank you