Prices: £109,950
Yield: 7.3%
Completion Date: Completed
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Prime Leeds Location!
Old School House is a beautiful character conversion, situated in Morley.
This has proven to be an extremely popular development with most apartments reserved within 2 months of launch. A 1-bedroom apartment has come back to the market, don't miss out, enquire now.
Important Details:
- Yields of up to 6.75%
- 8 out of 9 already tenanted
- 15 minute drive to Leeds
- 4 minute walk to Train Station
Morley: Top 10 Places to Live in Leeds
A Desirable Town
Morley is located just a 15-minute drive from Leeds City Centre and was once an isolated village, however, now is the largest town in the Borough of Leeds. It is known for its good community and for holding events in the area, creating a better environment to live. Morley has been listed in the ‘Top 10 Places to Live in Leeds’ and property is usually quick to sell once on the market. It is quickly evolving into an investment hotspot.
Investing in suburban areas can be just as beneficial as city centres, due to great connectivity and opportunities, without paying city centre prices. Old School House is situated in a desirable location for students and young professionals as it has many local amenities within walking distance. Including a train station a 4-minute walk away, and with improving public transport the commutes to the centre are made simple. Old School House is located in a hub of connectivity, Morley has excellent connections to many locations. The development is also perfectly located between the M621 and M62 which are major roads leading to many other cities.
Significant Potential for
Capital Growth
Morley has a large project called the Morley Town Deal which is a regeneration scheme to upgrade the town which is due to be completed in 2026. This scheme is a £24.3 million project to create new and improved travel accessibility. Upgraded routes around the town will improve access to existing roads. Public spaces and areas around Morley city centre will also undergo improvements. There will be significant upgrades to key developments of local parks, playgrounds, and public rights of way.
Morley will also benefit from upcoming regeneration plans in Leeds including the plan for the innovation hub at White Rose Park. Which will be a purpose-designed facility with work, event, meeting and collaboration space. This development will be only a 7-minute drive from Morley. The project will further support the city’s growth and desirability for tenants. Connections between Morley Train Station, and the newly created White Rose Station will also be developed to link them together, making another access route to and from Morley.
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