A WAVE of new apartment developments in Leeds city centre have coincided with a number of new accolades for the city as well as several restaurant and bar openings, leading to a surge of people choosing to live in the city centre.
Morgans is currently marketing several central apartment schemes which have been developed exclusively for the rentals market offering high quality, fully furnished, one and two bedroomed homes in some of the city’s most sought after areas.
These include 53 The Calls, where work has just completed on 19 contemporary apartments developed by Avenir Works. All of the one and two bedroom apartments within the former office building at the eastern end of The Calls combine a modern design with a wide range of character features including high ceilings, exposed brickwork and large windows. This is complemented by art déco influenced bathroom finishes, lightwood veneered floors and high specification kitchens complete with black granite work surfaces. Prices range from £850 to £1,400 pcm.
East Point is another development that Morgans is marketing, consisting of 42 apartments on Richmond Street, close to The Calls, The Gateway and Clarence Dock. The scheme has seen a former college building converted into a range of individual apartments with modern finishes, veneered floors, contemporary kitchens and bathrooms as well as off-street parking and a spacious residents’ terrace. Prices range from £650 to £1250 pcm.
These developments come hot on the heels of Leeds city centre making the headlines for all the right reasons recently. The city has just been ranked fifth on The Lonely Planet’s best 10 places to visit in Europe and is now bidding to become the European Capital of Culture in 2023, which is really exciting. We also have a host of new bars and restaurants opening every month, some owned by well-known local restauranteurs and others by established global giants such as D&D – look out for Issho, East 59TH, Mowgli Street Food and The Potting Shed amongst others.
As a result of all this, Morgans is receiving record enquiries from people who are eager to make Leeds city centre their home, recognising just how easy and exciting life in the city can be. After years of undersupply, the city’s residential market is starting to step up the pace, and we have a range of apartment developments being released onto the market. 53 The Calls and East Point are both built for rent and available now and X1 Aire on East Street, which is also aimed specifically at renters, has also recently completed.
These developments are all proving extremely popular and we started taking reservations for East Point and 53 The Calls before work completed. A large number of our tenants are moving into the city centre for the first time from across the city and beyond, and this is a trend that is set to continue, with several other exciting developments due to complete in the next 12 months, including 2 The Headrow and Victoria House which will offer renters further options across the city.
Recent data shows that growth in the Northern cities is outstripping that in London and the south-east and it is essential that we are able to provide enough accommodation of the right quality in order to meet demand.