Investment Area of The Month in Leeds – LS14
Are you a landlord looking to expand your portfolio or someone looking to invest for the first time?
There are plenty of investment opportunities in the LS14 district of Leeds. With a population of over 34,000 people, rental properties are in demand. The area is fast becoming one of the best areas for property investment for its opportunity for strong rental returns.
Why Invest In LS14
The area is made up of 5 main areas: Seacroft, Scarcroft, Swarcliffe, Thorner and Whinmoor, with the Average House Price being £213,476.
Transport
LS14 is very popular with tenants as it is located just a 20-minute drive to Leeds City Centre. LS14 also sits on the Leeds outer ring road and has easy access to the M1, making it a great spot for commuters and those travelling further afield. The main mode of transport around the area is bus, there are regular timetables and a vast number of routes available. Also, there are nearby train stations and all stations provide direct access into the city and surrounding areas.
Amenities
LS14 is on the outskirts of Leeds which has an abundance of great amenities, and conveniently located just a 10-minute drive to the new leisure development ‘The Springs’. There are an array of local amenities in LS14, such as gyms, restaurants and shops, making it a popular area for tenants, and an ideal investment area for Landlords.
What Are Tenants Looking For?
The area predominantly attracts families and professional tenants, that are looking for apartments and homes with spacious living and outside space at a reasonable rent. Modern day living is desired by most tenants, so properties with high spec features and integrated appliances will be a great investment and will potentially bring in a higher yield.
Average Semi Detached House Price In Each Area Of LS14:
Whinmoor - £203,667
Scarcroft - £260,475
Thorner - £252,017
Seacroft - £139,374
Swarcliffe - £131,112
