Prices: £160,000
Yield: 6.6%
Completion Date: Completed
Lease Length: 250 Years
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Newton Lofts are only a short walk from the extremely popular suburban town of Chapel Allerton. With its boutique cafes, trendy bars and an abundance of local independent shops it is easy to see why the area is hailed as one of the nicest areas
of Leeds. Large green spaces are dotted around a thriving high street where people
enjoy socialising in one of the many terraces the area has to offer.
It is not just the locals that have fallen in love with the charm of Chapel Allerton. In
2018, The Sunday Times named it in its best places to live guide, labelling it one of the
best places to live in the UK. This has not gone unnoticed and the property market
has been thriving for the last five years with people queuing up to live there.
Furthermore, this suburban gem is only a 10-minute drive from Leeds’ vibrant city
centre and benefits from fantastic transport links into the West Yorkshire Powerhouse.
With the monumental events that have unfolded in 2020 people have come to realise
the importance of outdoor space. Across the UK, the excitement of city centre living
has been replaced with a want to live in an area that offers an alternative to high
rise buildings. Balconies replaced with gardens; shopping replaced with park walks.
Chapel Allerton provides its residents with a short commute into to the city centre
but also an escape from the hustle and bustle in the evenings and weekends. It really
is the best of both worlds.
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