Leeds, United Kingdom
- Residential Development
- City Centre Location
- Net 6.9% Yield
- One, Two & Three Bed Apt’s
- July 2015 Completion
East Point, Fortis Development’s incredible new residential development, has just come to market.
East Point, a brand new 36-unit residential conversion development, is situated in the heart of Leeds city centre, a burgeoning area for young professionals seeking luxury city centre living.
This development, offering a mix of one, two, and three-bed apartments over 5 floors, seeks to fill the deficit in residential accommodation in the area that has come as a result of the surge in demand for residential housing in Leeds over recent years.
This development will be Knight Knox International’s 14th project in partnership with Fortis Developments, who have together launched successful developments like Glasgow’s St. Andrew’s Court, and Rede House in Middlesbrough.
In fitting with Fortis and Knight Knox’s exacting standards, state-of-the-art city living is the main priority for East Point’s residents, with each of the development’s 36 units boasting a beautiful fitted kitchen and a luxury bathroom suite. Also, to ensure that each and every one of East Point’s residents feel secure, safe and happy, bespoke security systems are in place in and around the building, including CCTV and a keypad entry system, giving occupants piece of mind in their new home.
Investors also benefit from all that East Point has to offer, offering high yields for an in-demand residential complex in the heart of the city. From an investor perspective, the area’s growing popularity with working professionals, as well as the excellent potential for investment returns, means that Leeds is an excellent opportunity for first-time or returning investors. Property experts Knight Frank agree, ranking Leeds the UK’s strongest-performing city in terms of rental yields, proving the area’s growing demand for both residents and investors alike.
Fixtures and Furnishings
All apartments are supplied furnished, at an additional cost.
Leeds is a dynamic city with a growing population of young professionals seeking lively city centre living. Renowned for its thriving nightlife and excellent shopping facilities, the city offers its residents plenty of amenities right on their doorstep. Just a 15 minute walk away from East Point are Leeds Corn Exchange and The Victoria Quarter, two high-end shopping centres, as well as a close distance to other such amenities like Leeds Cathedral, Wetherby Racecourse, and the 02 Academy Leeds, a 2,300-capacity music venue.
Not only does the city have an abundance of leisure facilities, Leeds also has an array of beautiful architecture that serves to accentuate the beauty of the area. Impressively, Leeds is home to more listed building than any other city in the UK outside of London, a true testament to the city’s beauty and universal appeal.
The city of Leeds has enjoyed a growing populace of late, thanks in large part to both its excellent economic growth and the city’s annual turnover of more than £52 billion. It is this incredible potential that unequivocally appeals to the working professionals, who are drawn to Leeds’ abundant opportunities and lively lifestyle on offer.
East Point is perfectly situated on the site of the former Leeds College of Technology, meaning that its prime central location allows residents to take advantage of the all that Leeds has to offer.
Distance to Local Attractions
- West Yorkshire Playhouse – 0.6 miles (3 minute drive)
- Victorian Arcade Shopping Centre / Leeds City Centre – 0.8 miles (4 minute drive)
- Trinity Leeds Shopping Centre – 0.8 miles (4 minute drive)
- Leeds Train Station – 0.9 miles (6 minute drive)
- Leeds Metropolitan University – 1.7 miles (8 minute drive)
- University of Leeds – 2.3 miles (12 minute drive)
Meet The Team
Developer: Fortis Developments
Architect: Morgan Consulting
Sales & Marketing: Property Seed Ltd
- One Bed: £100,000
- Two Bed: £120,000
- Three Bed: £125,000
- East Point price per square foot: £142
- Local area (LS9) price per square foot: £228
- Leeds City Centre price per square foot: £250
Data provided by Zoopla
- Step 1: Reservation form and deposit payable
- Step 2: Solicitor instructed, legals and sales pack sent out
- Step 3: Exchange of contracts with the balance of 50%
- Step 4: Remaining balance due upon completion (50%)
Gross Development Value