E.R.E Property Group, a property investment firm for over two decades, has unveiled its latest development, The One Residences, in Leeds.
This 12-storey building features 125 flats including executive residences and one, two, and three-bedroom units, with prices starting from £197,000. E.R.E Property Group will present exclusive stock and attractive incentives available only for early investors.
Anticipated gross yields reach up to 7.21%, with short-term lets offering the potential for even higher returns. This makes it a compelling opportunity for discerning investors.
E.R.E says Leeds is predicted to experience a 20.2% increase in house prices by 2028, alongside an 18.3% growth in rental values according to Savills, while the city is undergoing radical improvements through the Leeds Transformational Regeneration Partnership, a 10-year programme supported by the council, central government, Homes England, and the West Yorkshire Mayoral Authority.
This initiative is driving substantial change and investment in the area, further enhancing its appeal as a prime investment location.
Helen Mercer-Jones, E.R.E.’s managing director, says: “We are excited to have another flagship development in the City Centre. Given our track record, and the prime location overlooking our office, we are confident that this Leeds project will be another sold-out success, delivering impressive returns for our investors.”