Prices: £98,950
Yield: 7.7%
Completion Date: Q2 2025
Lease Length: 999
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Invest with as little as £24,740!
Quarry Court offers a unique investment opportunity in Morley, Leeds, just 15 minutes from the City Centre. Starting at just £98,950, this buy-to-let offers potential yields of up to 7.7%, well above the area average. This is an exceptional chance to secure a premium apartment in a highly sought-after location.
The development features 25 spacious apartments, each positioned to benefit from strong rental demand and proximity to key amenities. Quarry Court promises both immediate returns and long-term capital growth, making it an ideal addition to any property portfolio.
Don’t miss out - secure your place in this high-potential investment today!
Important Details:
- Prices from £98,950
- Yields of up to 7.7%
- Limited Availability
- 15 minute drive to Leeds
- Parking Included
Morley: Top 10 Places to Live in Leeds
A Thriving Town
Morley, once a quiet village, has rapidly grown into the largest town in the Borough of Leeds and is now a thriving investment hotspot. Recently ranked in the ‘Top 10 Places to Live in Leeds,’ property for sale in Morley receives high demand, with homes selling quickly. Its affordability, coupled with the improvement of public transport links, makes it an increasingly appealing option for tenants seeking quality accommodation beyond the city centre.
The town is undergoing significant transformation with the £24.3 million Morley Town Deal, which will enhance public spaces, improve accessibility, and boost travel options, particularly for pedestrians and cyclists. Morley’s excellent transport connections, including a central train station and proximity to major roads like the M621 and M62, offer easy access to nearby cities such as Leeds, Manchester, Liverpool, and Bradford, making it a strategic location for residents and investors.
The Yorkshire Powerhouse
Leeds is a thriving powerhouse of Yorkshire, offering a unique and lucrative opportunity for investors with an impressive forecasted rental growth of 18% by 2027. With a population of over 800,000 and an economy valued at £69bn, Leeds is a dynamic city positioned for long-term growth. It is home to nearly 75,000 students, supported by top-ranking universities, making it a prime location for the student rental market.
The city boasts exceptional connectivity, with Leeds Bradford Airport serving over 4 million passengers annually and Leeds Train Station, one of the busiest in the UK, handling nearly 30 million commuters a year. With easy access to major cities across the UK, Leeds is a key hub for business and travel.
Additionally, the city’s vibrant retail scene, featuring over 1000 shops, caters to all tastes, from boutique stores to luxury brands. Investing in Leeds means tapping into a rapidly growing economy, strong rental demand, and a city with huge future potential.
Calculate Mortgage Repayments
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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Calculate Stamp Duty
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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Rental Yield Calculator
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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