11 August 2020

HEADINGLEY and the surrounding areas are experiencing a high demand for rental properties as the area continues to interest more young families and professionals, making it an attractive location for the buy-to-let market.

The UK buy-to-let market is now showing signs of recovery after COVID-19 affected the industry, with interest rates for mortgages at record lows and a wider variety of buy-to-let mortgage options available which, tied in with the current tenant demand for property, makes for an encouraging time to invest. 

Sarah Roberts, Lettings Manager at Linley & Simpson's Headingley branch says, 'Our branch is experiencing a huge increase in applications for 2, 3 and 4 bed houses and apartments, with an outside space or communal gardens, in Far Headingley, Kirkstall, Meanwood and Burley. We currently have over 150 live applicants looking for properties with this criteria. 

'Headingley and many surrounding residential areas are suitable for property investors. Leeds City Centre can be reached within 15 minutes by car and as little as 11 minutes by train. Headingley high street offers an array of shops, restaurants and bars making the suburb a vibrant place for young professionals and young families to live. This North Leeds location also hosts various local community groups, many good and outstanding schools and plenty of green spaces and public parks.'
 
There are a variety of investment properties available for sale in this suburb at the moment. Below provides an outline of the possible investment return for a handful of properties that are available.
 
Barnbrough Street, Leeds
Please click here for more information
On the market with: Preston Baker 
Guide price: Offers over £155,000 
Potential rental income: £775pcm
Information: A spacious family home within a quiet residential location. 
 
Stanmore Place, Burley
Please click here for more information
On the market with: Purple Bricks 
Guide price: £125,000 
Potential rental income: £700pcm
Information: A modern first floor flat with parking and communal gardens. 
 
 
Click here to see all properties available in Headingley.
 
For more information investing in Headingley, please contact the Headingley branch.
 
For more information on our Management service please click here.
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