Set for completion in July 2015, this former Leeds College of Technology building will undergo an extensive refurbishment, before a further two new-build storeys are added to it, in order to house the developments’ 39 residential apartments. Subject to planning permission being granted, the building will be four storeys high and comprise of a range of one, two, and three bed apartments measuring up to 1100 square foot when complete.
The 14th joint venture carried out by Knight Knox International and Fortis Developments, East Point will follow a number of successful developments which have been delivered by the firms, including Rede House in Middlesbrough, Dunn House in Sunderland, and Central House and St Andrews Court in Glasgow, all of which are 100% let.
Aimed at young professionals desiring to live minutes from the city centre, this character building is the perfect home for Leeds’ workforce, with the city centre being just a short walk away. Leeds created more jobs than any other UK city between 2010 and 2012, meaning that it is burgeoning with young professionals in search of accommodation within minutes of work.
Often proclaimed as the UK’s largest financial, business and legal centre outside of the capital, it could also be argued that Leeds is home to the country’s strongest buy-to-let market, with property specialists Knight Frank naming Leeds as the strongest performing UK city in terms of investor yields (8.2%) in both the first and second quarter of 2014.
The apartments in East Point will be furnished to the high standards Knight Knox International and Fortis Developments pride themselves on, and 16 individual car parking spaces will be provided. Apartments are now available to purchase through Knight Knox International from a starting price of £100,000.