Featured Investment Area - LS28

Capital gain & higher-yields

Good property investment for letting is best thought of in two distinct ways. The first is capital growth. Capital growth is about increasing the value of a property over time and is measured by comparing its current value to the price you bought it for. You're likely to maximise capital growth by investing in properties within an already established area. You'll pay more for the property but providing you've chosen a smart investment, you'll likely see a strong degree of capital growth.

The alternative is to pursue a higher yield. Essentially, your best option in this case is investing in a less developed area. The capital growth will be less impressive but due to cheaper property prices, it's easier to accumulate multiple properties and the initial outlay will be significantly less. Higher yield is the potential returns on a property investment through rent payments, and purchasing bigger properties that easily convert into several rental units is a good way to do this.

So, two options: prioritise capital gains, or prioritise a higher yield. Actually, there's a third option and, rather predictably, this involves the best of both. Property investment is best thought of a spectrum and far from being black and white, there are many shades of grey. Somewhere in the middle of that spectrum exists a sweet spot, where capital gains are still healthy but the property prices aren't significantly high, and therefore you're still able to achieve a decent yield. This is where we arrive at LS28, which is comprised of Pudsey, Farsley, and Calverley. LS28 is a fantastic postcode for a well-balanced investment!

Average House Prices in LS28

Over the last year, the average house price in LS28 was £238,449, with the majority of the sales consisting of terrace houses.

Transport in LS28

Pudsey sits approximately halfway between Leeds and Bradford and therefore makes a fantastic spot for commuters of either city. With ease of access to the motorways in both directions, including the M1 and M62, Pudsey, Farsley and Calverley are all viable options for those who work slightly further away too! Pudsey also boasts a train station, revamped back in 2013, with connections to Manchester and Blackpool, and runs trains both ways, to Leeds and Bradford, every 15 minutes.

Things to do in LS28

Home to the second most visited park in Leeds, Pudsey Park, Pudsey is a popular weekend destination for people all over Leeds and beyond.

There are loads of things to do in the area, for residents and visitors alike. In terms of shopping, Pudsey has the big supermarkets like Asda and Marks and Spencer, but also boats several high street shops and boutiques, coffee shops and restaurants, as well as traditional pubs and bars.

Calverley is much smaller in size but still boats some nice places to visit. The Little Coffee House is exactly what you'd expect and The Calverley Arms is a popular spot locally for drinks, pub food and enjoying a drink in the beer garden. It's also home to some notoriously picturesque golf courses, Woodhall Hills and Calverley Golf club, plus provides plenty of opportunity to embrace local sports and enjoy a picnic with Calverley Victoria Park.

Farsley is a go-to destination for those with young kids, because of the Jackaboos' soft-play centre and The Rainbow Factory's crafts and play workshops Best of all, all the areas are within a 10-minute drive of each other, so you've got the best of everything with LS28, with the larger suburb of Pudsey, the characterful Farsley and the quant village of Calverley appealing to a wide range of potential buyers and renters.

Overall, LS28 is a great option for property investors looking for a balanced rental investment. Potential tenants are spoilt for choice with local amenities, great access to the motorway, and a nice selection of properties, meaning the demand for rental properties in the area is likely.