New buy-to-let opportunities at exciting Leeds development
20:20 House, an exciting, established development in Leeds, is offering new opportunities for investment in affordable buy-to-let units. The development, situated in a prime city centre location, is already home to more than 240 tenanted apartment units, and building on its existing success is being expanded to incorporate a further 23 apartments which are now available for the buy-to-let investment market.
The success of 20:20's existing units is no doubt, down in part to the developments enviable location. Leeds is a busy urban centre, one of the more prominent cities of the North as well as one of the more up-and-coming. It is a popular place to live thanks to its high-quality amenities, strong transport links with other major cities, and many jobs in a range of industries. At the same time, it also has a reputation as one of the UK's more beautiful cities; with Victorian architecture adding flavour to what would otherwise be a standard yet modern urban skyline. Add a strong arts scene, excellent nightlife, and a powerful presence in the sporting world, and you get a great draw for many new residents from across the country and beyond.
20:20 House in Leeds occupies a prime location right in the city centre, offering fantastic access to many of the city's key amenities and facilities. The city centre of Leeds is a relatively compact one, so 20:20 offers an even greater level of accessibility than you might expect from a city centre development. Harvey Nichols is just a twelve minute walk away for residents of 20:20 House, and a wealth of world-class museums and art galleries, theatres and sports venues are also close at hand.
The developers behind 20:20 House have worked hard to provide apartments that offer high standards enough to do justice to a location of this calibre. Tenants benefit from modern design with contemporary and attractive décor, combined with furniture, fixtures and fittings of high quality standards. The 242 apartments already found in the development have been successfully snapped up by tenants, and the 23 new apartments are to be located on the ground floor and are expected to achieve similar success when it comes to attracting demand.
At present, however, it is buy-to-let investors and not tenants who have the opportunity to benefit from the expansion of 20:20. The experienced management team behind 20:20 is offering would-be landlords a package every bit as attractive as the one tenants will get at the end of the expansion. Prices are affordable for a development of this quality in such a prime location, with property investments in Leeds starting from under £90,000. Returns are expected to be strong – predicted to be around 7% – and for the first two years the management company, Harper Brooks, will provide a complete management service while accounting for all associated service charges.
The 23 new ground floor apartments are available for purchase by investors now, and building work is expected to be completed by the end of the year.
For more information about 20:20 House in Leeds, please contact the team at Hopwood House.
