serviced apartments
central leeds

This development features a fantastic collection of 55 studio apartments located right next to Leeds City Centre. Occupying an enviable position within walking distance of the city centre, university campuses and main hospital in the city, it is an ideal location for short term lets (STL’s). 

With STL’s now becoming one of the most popular ways of renting properties out to encourage a much higher rental yield, investors will benefit not only from the higher yields generated from STL’s but also the fact that this building has tried and tested rental returns, a proven occupancy of over 85%, immediate rental income and a rental assurance of 6% net over a 5 year period. 

All of this coupled with the fact that Leeds is one of the most popular areas for property investment in the UK makes it a very exciting prospect for our investors at a very appealing entry level of just £110,000.

An Introduction to Leeds

Leeds is a medium sized city located in West Yorkshire. With a population of 536,000 and a metropolitan population of just over 812,000, Leeds is the UK’s 5th largest city. Named as the unofficial capital Yorkshire, the city has a rich history. Also, being one of the main centres of the UK’s industrial revolution, it became a famous mill town know for its flax, ironworking industries, engineering and printing.

Its location is pretty much exactly halfway between London and Edinburgh and has multiple motorway links; The M1, M62 and A1(M). Leeds Railway Station is also one of the busiest within the country. 

Diverse Economy

Leeds has the most diverse economy of all the UK’s main employment centres and has seen the fastest rate of private sector jobs growth of any UK city and has the highest ratio of public to private sector jobs of all the UK’s Core Cities. Furthermore, the city had the third-largest jobs total by local authority area with 480,000 in employment and self-employment. Leeds is also home to four prestigious universities. 

Every year, students flock to the city to access some of the country’s finest education, sport, and art facilities. As a friendly, multi-cultural city, it is no surprise Leeds consistently ranks high in the university league tables. Henceforth, students can flourish and soak up city life for much more affordable prices than in other parts of the country.

Leeds – Home to Sports


In terms of sport, Leeds is also home to Leeds United, one of the UK’s most prestigious football clubs who currently play their football in the Championship. Furthermore, Yorkshire is the unofficial home of Rugby League with Leeds Rhino’s, the most successful Rugby League Club in the modern era, playing their matches at Headingly Stadium. 

The other Headingly Stadium plays host Yorkshire County Cricket Club, often playing host to England Test and One Day matches. Also, the club has nurtured some greats of the game like Michael Vaughan, Joe Root & Geoffrey Boycott.

Fastest Growing City

As the UK fastest growing city, now is a great time to invest in Leeds. Just over 60% of rental in Leeds over the past year have been let to people below the age of 30, showing that the demand for rental in the city is still strong amongst the younger population. With the average age of a person owing their own property now sitting at 33, which is increasing all the time, it shows that there will be a very strong demand for rental property moving forward.

Useful Information

Image Gallery

City Centre Front
City Centre Living
City Centre Study Kitchen
City Centre Exterior

Development Facts


Completed Serviced Apartments, Central Leeds


11 Regent Street, Leeds, LS2 7QN


Citigarden Living Limited


Citispace Services Limited


6% NET rental income assured for 5 years and payable monthly


6 Storeys


Completed & Operational


Leasehold – 999 Years


£0 per annum




20 minutes from Leeds Railway Station close to the coach station and all of the amenities the city centre has to offer.


20 Available Apartments exclusive to Opulent


£2,000 reservation fee
20% on exchange (minus reservation fee)
80% Balance on Completion


From £110,000
Cash Only
No finance available

Investment Highlights

  • Prices from £110,000
  • Completed apartments providing immediate income
  • 999-year Leasehold with zero ground rent
  • 6% NET rental assurance guaranteed for 5 years
  • Proven track record with management company having operated the property for a number of years
  • Leeds GVA set to increase by 16%
  • Leeds has the largest Financial sector outside of London in the UK
  • The IT Sector in Leeds is set to increase by 31% over the next 10 years
  • The Healthcare sector in Leeds is forecast to increase by 35%
  • Home to 150 law firms, the highest number outside of London
  • Is home to 4 major UK universities (University of Leeds, Leeds Beckett, Leeds Trinity, and Leeds Arts University)
  • Student population of over 70,000
  • Documented shortage of short-term lets in the city
  • On the doorstep of the Yorkshire Dales and North York Moors National Parks

Why invest in Leeds?

  • A Financial Powerhouse: Leeds GVA is forecast to increase by 16% over the next 10 years.
  • Population Growth: The city’s population size has increased by 8.1%, from around 751,500 in 2011 to 812,000 in 2021 (based on the most up-to-date Census data). The city has a population of 7 million within an hour’s drive, and more people aged under 20 than any other area of the North.
  • Property Price Growth: Property prices in Leeds have grown by over 55% in the past decade and In March 2022 grew at 9.2% against the previous year (ONS)
  • Innovation: Innovation is at the heart of the city’s growth plan with the information and communication sector expected to grow by 31% over the next 10 years and healthcare is huge in the city, with the sector forecast to increase by 35% between 2018-2028 (£1.1bn). Already the city is home to NHS Digital – a major driver of future growth, and a major UK teaching hospital – ideal industries for short-term lets.
  • Universities: The city is home to one of the most popular universities in the country (University of Leeds) three graduate law schools and many other colleges and educational institutions including the prestigious Northern Ballet School, all attracting short-stay tenants.
  • Short-Term Let Undersupply: There is a documented shortage of short-stay apartments in the city centre, thanks to its growing industry and commerce as well as being a tourist destination.
  • Affordable: It’s still a relatively affordable place to live which means better rental yields for landlords

The Opulent Honest Opinion

These completed serviced apartments in Leeds are a fantastic opportunity to assure yourself an income in one of the UK’s most exciting property markets. Being able to capitalise on the lucrative short term let market, Leeds has a wealth of opportunities to let out the property on a short term let basis. Not only is Leeds ideal for short term lets (with the largest finance centre outside of London within the UK), but you have a number of sporting teams regularly playing in the city, 4 universities and tourism to the area, there is a big demand for short term let property.

Further to this demand, there is a chronic undersupply within the market. The fact that there are not enough properties catering for this supply has meant rental yields for short term lets have been increasing at a rapid rate. In fact, investors who would rather take the live rent rather than the assurance would easily see yields north of 8% NET within the first couple of years.

This is a truly unique opportunity to diversify your portfolio and generate additional assured cashflow on an annual basis from a building that has historically been occupied 85% of the time.

Thank you!