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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.
Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.
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Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.
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Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.
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