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Investment Highlights

  • Price from just £95,000
  • Yields up to 7%
  • 1- and 2-bedroom New York style loft apartments
  • Knowledge Quarter location – next to the River Aire
  • Estimated completion: Q1 2021

The Preston is a renovation, retaining its historic limestone industrial exterior with contemporary interior design. Perfectly located in the Leeds Knowledge Quarter, next to the River Aire, The Preston will bring 57 contemporary one and two bedroom apartments across four floors.

Its close proximity to the city centre, the local universities and top employers make this area especially popular with students and professionals. The numerous schools near to The Preston and the surrounding areas also attract many families to the neighbourhood.

Purchase Process

1. £2,500 reservation fee to be paid to secure the unit
2. 20% on exchange of contracts
3. Remaining balance on completion

Financials & Rental Demand

With apartments in The Preston available from just £95,000, capital growth on investments here is assured. There is no better time to invest in Leeds. Property investment in this thriving northern heartland is guaranteed to generate high returns from both rents and capital appreciation. At The Preston investors can expect strong gross yields of 8.2%.

Service charge – estimated £1.20 per square foot
Ground Rent – estimated 0.10%
Management fee - 10% + VAT
Solicitors fees – Approximately £1,600 if using the recommended
Leasehold – 250 years

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

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Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


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Investment Opportunities

Image Gallery - The Preston

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Purchase Process

Purchase Process

1. £2,500 reservation fee to be paid to secure the unit
2. 20% on exchange of contracts
3. Remaining balance on completion

The Preston - Location

The Preston is strategically located in the sought-after Knowledge Quarter of Leeds. Its close proximity to the city centre, the local universities and top employers make this area especially popular with students and professionals. The numerous schools near to The Preston and the surrounding areas also attract many families to the neighbourhood.

Nearby Amenities

Bus stop - 1 min walk
Tesco Express - 8 min walk
Aldi - 8 min walk
Cardigan Fields shopping centre - 9 min walk
Leeds train station - 27 min walk / 7 min drive
Trinity Leeds shopping centre - 30 min walk / 11 min drive

CALL +44 (0) 161 337 3890
Why Invest

Why Invest in Leeds

Leeds is the third largest city in the UK with one of the biggest and youngest populations of aproximatly 789,194. The city centre is fast becoming a hotspot for property investment due to the city’s success in attracting young professionals, as well as students and families who are looking to relocate into the bustling centre for better job opportunities and a chance to be part of what the city centre has to offer.

'Leeds is now rated as JLL’s number one prospect for residential price and rental growth in the UK, a position Manchester has held firmly in recent years. Demand for land in the City Centre remains extremely strong driven by the shortage of supply. The majority of investors weighing up the city have private rental or student housing schemes in mind. The average price and average rent for a two bedroom apartment in Leeds remained flat in 2018 at £180,000 and £895 pcm respectively.'
JLL - Residential Forecast Northern England 2019

  • Leeds city centre named 'Best Places to Live in the UK 2019' in the Sunday Times in April 2019.
  • £350million regeneration of the city’s South Bank area.
  • Economy: Leeds’s GVA is forecast to expand by 2.4% annually from 2019 to 2023. Leeds is officially the UK’s second largest economy and second largest financial centre after London.
  • Rental demand: projected 17.1% rental growth from 2019-2023 - JLL.
  • Employment: The working age population has experienced 10.2% growth from 2010 to 2017. Leeds had the highest increase in employment rate of any core city from 2009 - 2017.
  • Uplift: Leeds house price growth is projected to increase by 17.1% (2019-2023) - JLL.
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Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

Pure Investor - Property Investment