The Property Market in Leeds
Why Invest in Leeds in 2025?
Affordable Property Prices with Consistent Growth
As of late 2024, the average Leeds property price is approximately £276,000, with steady annual growth of 6% to 8% in certain locations like Holbeck Urban Village and Roundhay. This growth pattern is complemented by projections that anticipate a 28.2% growth in property prices as of January 2029.
Exceptional Rental Yields
Leeds boasts some of the UK's highest rental yields, ranging between 6-7%. Specific areas such as Burley and Hyde Park return as much as 11.6%, making the city highly desirable to buy-to-let investors.
Strong Rental Market
The mean rent in Leeds is now over £1,097 per month in December 2024, the highest increase of 3.0% compared to the same date last year. This location is also regarded as a stronghold of the best classes in education due to various prestigious classes in the University of Leeds and Leeds Beckett University, which will provide stable student rent demand. There are more than 60,000 students in this university.
Economic Growth and Infrastructure Development
Leeds' economy contributes £69.4 billion to the UK economy and is home to major employers such as Sky Bet, Channel 4, Asda, and NHS Digital. The city has a population of more than 800,000, growing above the national average, and is fueling demand for quality housing. Existing infrastructure projects, including the South Bank Regeneration and Leeds Station Expansion, will further enhance the popularity and accessibility of the city.
Future Outlook
In the long term, Leeds property prices will appreciate by 28.2% by the period 2025-2029. The forecast illustrates the long-term worth of investment in the city and highlights the benefit of entering the market early.
Conclusion
Leeds' vibrant residential property market, with strong rental yields, consistent price growth, and a prosperous economy, is a desirable investment opportunity in 2025. Capital growth, rental income, or a combination of both, Leeds offers a secure and lucrative investment setting.
For more information on available investment opportunities in Leeds, please contact us to discuss how we can assist you in achieving your property investment goals.
Off-Plan Properties
Completed Properties
Developments Map View
- Leeds has an annual need for 14,900 new homes
- 9.2% YoY growth recorded in Leeds by the Hometrack Cities Index
- The average house price in Leeds is 27.67% less than the UK average
- Leeds is an extremely affordable location considering lifestyle and salaries
- The cost of living in Leeds is 36% less than in London
- Property prices in Leeds are 7.06% higher than a year prior
- Leeds property prices are set to increase by 4.0% in 2023, 3.5% in 2024, and 3.0% in 2025
