Leeds' Rental Market:
A Prime Opportunity for Investors

Leeds’ rental market is booming, with private rents averaging £1,096 per month and rising 3.0% year-on-year as of December 2024. This growth is underpinned by strong economic development, major infrastructure projects, and a growing demand for rental properties. Especially as Leeds offers more affordable rent compared to the wider Yorkshire and Humber region, where the average rent is £1,375. Investors can expect solid returns with an average rental yield of 6.8%, property investment in Leeds presents an exceptional opportunity for those seeking long-term growth and strong returns.

Capital Growth in Leeds:
A Strong Investment Opportunity

Property in Leeds has consistently outpaced regional and national house price growth, making it an option for capital appreciation. In February 2024, the average house price in Leeds reached £242,000, reflecting a 5.9% year-on-year increase. Over the past decade, prices have surged by an impressive 41.5%, rising from £176,000 to £249,000. Despite this strong appreciation, property in Leeds remains affordable compared to the national average of £289,000. Looking ahead, Savills predicts a further 18.8% growth in property values between 2024 and 2028. Highlighting the city’s potential for substantial long-term returns. 

Regeneration
Driving Leeds' Future Growth

Leeds is undergoing a transformative regeneration, with significant investments reshaping the city and enhancing its appeal to investors. The South Bank regeneration is one of the most ambitious projects, set to double the size of the city’s core by redeveloping 253 hectares of land south of the River Aire. This £500 million project will deliver 8,000 new homes and create 35,000 new jobs. Permanently elevating Leeds as a prime location to live and work, further driving demand for property investment. 

Completing the planned projects will enhance desirability, amenities, job opportunities, and connectivity across Leeds and the broader Yorkshire region, offering further growth potential and increased yields in property investment in Leeds.

Connectivity, Boosting Growth

Leeds is exceptionally well-connected, with transport infrastructure that supports both local and international travel, further enhancing the appeal for property in Leeds. The city’s train station, the third busiest in the UK, serves around 34 million passengers annually. It has undergone a major £500 million redevelopment, transforming it into a modern travel hub. For those travelling further, Leeds Bradford Airport is also benefiting from a £100 million terminal redevelopment, set to be completed by 2026. Additionally, the Northern Powerhouse Rail initiative, aimed at improving rail connectivity across the North of England, is set to revolutionise transport by providing faster, more reliable services. This will bring up to 77,000 more businesses and 2.9 million people within 90 minutes of Leeds. Making it an even more attractive destination for both business and residential investment.

Economic Growth and Employment
Driving Leeds' Capital Appreciation

Leeds, a thriving economic powerhouse, boasts a £64.6 billion economy, ranking among the largest in the UK, excluding London. Over the next decade, its economy is projected to witness a remarkable 21% growth, making it an enticing investment destination. Leeds stands out as the nation’s leader in private-sector job creation and boasts the highest ratio of public to private-sector jobs among Core Cities. Key sectors driving this growth include banking, technology, healthcare, and the creative industries. Notably, major employers such as KPMG, Channel 4, and Asda have their headquarters in Leeds. With an impressive employment rate of 74.7%, Leeds is well-positioned for sustained economic expansion, further amplifying its potential for capital appreciation and substantial returns for investors who own property in Leeds.

Morley: A Hidden Gem for Investors

Morley: A Prime Investment Hotspot

Morley is quickly emerging as one of Leeds’ most promising property investment hotspots, combining community appeal with impressive market performance. Recently ranked among the Top 10 Best Places to Live in Leeds, this thriving town is attracting a huge demand from both investors and tenants.

Once a quiet village, Morley has transformed into a desirable area for young professionals thanks to its strategic location, affordability, and strong transport connections. Just 15 minutes from Leeds city centre via train or the M621, it offers the ideal blend of suburban comfort and city accessibility.

Rental demand is surging, driving strong yields and reducing void periods, while ongoing regeneration and infrastructure improvements are further fuelling property value growth. The average house price currently stands at £232,339, with a consistent 3% year-on-year increase.

For savvy investors seeking an affordable entry point into a high-growth market, Morley offers a compelling blend of rental income potential and long-term capital appreciation.

Morley satellite shot showing the town hall and main street

Property in Leeds:

Quarry Court

Don’t miss this rare opportunity to invest in a property in Leeds with projected yields of up to 7.7%, significantly outperforming the local average. With prices starting at just £98,950, this is your chance to secure high-performing property at an accessible entry point.

Quarry Court is perfectly located to benefit from the strong demand driven by excellent transport links and access to key amenities. Generate both immediate rental income and long-term capital growth.

With limited units available in this high-demand location, now is the time to act – Invest in Quarry Court today.

Secure Today!

Register your interest in Quarry Court now, and an investment consultant will be in touch shortly!

    Request Details

    Secure Today!

    Articles & Updates

    Keep up to date with all market news, construction updates and key analysis from CityRise’s industry experts

    Chat to us

    As Seen In

    Trustpilot

    Join CityClub Today to Receive:

    • Priority access to exclusive off market investments
    • Below market value pricing
    • Out of hours investor support chat
    • Allocated solicitor for hands free conveyancing