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New development by Leeds booming city centre

New development by Leeds booming city centre

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X1 Aire is Knight Knox’s latest addition to its portfolio of over 50 successfully launched development projects. In collaboration with its long-term partner developer X1 Developments, X1 Aire is the first project both companies undertake together in the thriving city of Leeds.

The development is situated right at the edge of Leeds’ booming city centre, only a short stroll away from its busy train station. Located on East Street, X1 Aire Street consists of 147 luxurious one and two bedroom apartments. Next to it lies St Saviours Church, a beautiful Grade II listed former Sunday school.

  • New build 1 and 2 bed apartments in Leeds city-centre

  • Assured returns of 6% for 1 year

  • Leeds buy-to-let investment from £105,000

  • Secure parking and on-site gym

  • Planning permission already in place

  • Fully managed investment

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Knight Knox has launched over 55 developments onto the UK market, comprising of a mix of high-yielding student accommodation projects and stunning luxury residential developments. Well respected within the industry, Knight Knox has maintained an excellent reputation thanks to the quality of products they bring to market.

Leeds is a truly thriving city, with a population of over 751,000 that is ever-growing. There has been a massive influx of young professionals flocking to the area of late, keen to live and work in such a vibrant city. Unsurprisingly, the Leeds housing market has been skyrocketing over the past year, with average house prices rising 3% in the past 12 months to rest at £173,693.

Rental demand is similarly growing in Leeds, with leading estate agents noting a 99% occupancy rate in the city centre and that the rental market will continue to dominate market activity, as more and more tenants desperately seek prime rental accommodation in the city centre.

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