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The-Preston-Brochure-Zenko.Pdf WELCOME TO LEEDS _ Home to a booming economy and growing student population, large-scale investment plans are set to push growth in the Leeds region to new heights. CRAVEN HARROGATE YORK Over 795,000 The UK’s The UK’s 3rd BRADFORD LEEDS residents over 2nd Largest largest scale-up the region's nine Financial hub (companies SELBY metropolitan Services Centre are achieving 20% areas growth in revenue or CALDERDALE employee numbers) WAKEFIELD KIRLKLEES BARNSLEY The rail and air travel options in Leeds are extensive, offering easy connection to the rest of England and key global cities. The Leeds Bradford Airport serves four million passengers annually and present expansions works plan to double this to eight million by 2030. The strong rail network allows for easy transit between key cities including: To York »»» 22 minutes To Manchester »»» 47 minutes The forthcoming HS2 train line will drastically improve travel times between the UK’s regional hubs: To Liverpool »»» 1 hour 25 minutes To Birmingham »»» 1 hour 48 minutes To Birmingham »»» 49 minutes To London »»» 1 hour 59 minutes To London »»» 1 hour 21 minutes ECONOMY ECONOMY LEEDS ECONOMY GVA Growth (%) - Gross Value Added (GVA) between 2012 and 2017 grew by almost 20% compared to Liverpool at just over 11%. (ONS) The Leeds city region, which covers nine smaller metropolitan areas including Bradford, Wakefield and York, has theUK's second largest economy behind London, worth a strong GBP 64.6 billion. Larger than the economies of Wales and Northern Ireland, the economy of Leeds also outpaces that of Greater Manchester by over GBP 2 billion per year. Leeds Liverpool 32,000 21% Between 2016 and 2017 Leeds saw one of the highest job growth Economic growth forecasted More than 32,000 businesses rates in the UK; while cities such as Oxford and Slough lost 3.1% over the next 10 years operating in the city and 2.2% of their jobs, respectively, Leeds experienced 4.4% growth. With over 1,000 employees based in the city, the largest private employers in Leeds include First Direct Bank, British Telecom and Direct Line Group. Top three UK cities for FDI outside of London in 2018 (number of projects) 38% 14,500 Financial and business services Highest net job growth in the account for 38% of Leeds GVA UK in 2017, adding 14,500 jobs 21 Leeds 22 Birmingham 37 Manchester 3rd GBP7.3billion Leeds hosts the UK’s 2nd largest financial centre, employing Largest FDI city in the UK, Invested across Leeds city over 330,000 professionals in the finance and professional outside of London region in construction and services sector. Over 30 banks and financial institutions have a future pipeline* permanent base in the city including WorldPay, which processes approximately 50% of all UK card transactions. *as of Spring 2018 Sources: Leeds.gov, EY, Centre for Cities 2019 SUPPLY AND DEMAND SALES AND RENTAL MARKET - - The city’s population is set to increase 16% 16% 4.9% 1st by 39,000 before 2029 16% Rental Price 16% House Price 4.9% Population Ranked 1st in JLL’s 2,232 residential units currently under Growth Forecast Growth Forecast Growth Forecast UK Prospects for construction across the city 2019-2023 2019-2023 2019-2029 Growth 5-Year Rental Growth (%) The supply of new housing in Leeds now sits far below Forcast 2019-2023 Manchester, despite it being a smaller city. While 2,232 residential units are currently under construction, the Leeds Council has outlined their net requirements of at least 4,375 new dwellings a year. The current pipeline falls below the requirement by nearly 50%. Population in Thousands The average house price in Leeds is 212% lower than that in London, according to the latest available data. House price and rental growth in Leeds are both expected to outperform the capital at 14% and 14.2%, respectively. Leeds Manchester Liverpool Average House Price in Leeds Housing Starts - Private Starts House prices increased 35.6% in the ten years to July 2019, according to the UK Land Registry. In comparison, Liverpool Leeds Manchester saw growth of only 20.9% over the same period. Sources: ONS, Deloitte Crane Survey, Leeds Council Sources: JLL, ONS, UK Land Registry, Rightmore, Deloitte EDUCATION EDUCATION MOORTOWN HORSFORTH WEETWOOD EDUCATION Leeds Trinity MEANWOOD ROUNDHAY - University CHAPEL ALLERTON STEM (Science, Technology, Engineering and Maths) graduates in Leeds outnumber those in both Manchester HEADINGLEY and Birmingham. Holding a broad and widely skilled degree, these are highly sought-after students who bring a wealth of BRAMLEY KIRKSTALL valuable skills to the workforce. University of Leeds HAREHILLS Within Leeds, only 12,600 students are housed by their STANNINGLEY respective universities, while over 30,000 students use the The Preston private sector for accommodation. LeedsLEEDS Beckett University 60,000 — Over 60,000 students University of Leeds With more than 30,200 students currently enrolled, University 30% of Leeds is the largest in the city, with over 30% of the student body being international. Improvements, including the — forthcoming GBP96 million William Henry Bragg Building for Almost 30% engineering and physical sciences continue to entice students. graduate retention rate Leeds Beckett University 3 Leeds Beckett has an enrolment of just under 20,000 students — with 12% of those being international pupils. This large 3 Universities university dates back to 1824 and is currently in the process of constructing a new GBP80 million creative arts building. The start-of-the-art building will host a 220-seat screening cinema along with a fully equipped TV studio and an array of recording studios and sound labs. Leeds Trinity University Hosting over 3,300 students, Leeds Trinity is the smallest of the city’s three universities. It is located further out from the city centre and serves the wider and more remote areas of the city region. Source: Centre for Cities, UniPol, Times Higher Education, Higher Education Statistics Agency, Univeristy of Leeds, Leeds Beckett University THE DEVELOPMENT The Preston perfectly marries a historic limestone industrial exterior with contemporary interior design. THE PRESTON Boasting quick transport links into the city and an abundance of nearby amenities, the development — strikes an attractive balance between downtown convenience and residential tranquility. Computer generated images are intended for illustrative purposes only 1 AREA MAP AREA MAP Burley Park HYDE PARK THE AREA Sir William Hendry Bragg Building BURLEY WOODHOUSE THE PRESTON Cardigan Rd Cardigan Burley Rd LITTLE LONDON 3 2 LIFESTYLE 4 1 1 ITV Studios Yorkshire 6mins / 3mins 1 5 A65 Kirkstall Road 2 Tesco Express 8mins / 4mins / 1mins Regeneration Site Canal Rd SOYO Regeneration 3 ALDI 8mins / 4mins / 1mins LEEDS CITY CENTRE Armley Rd BURMANTOFTS Wellington Place Cardigan Fields 4 9mins / 3mins / 3mins Regeneration 6 Wellington St Shopping Centre Central Business District 2 Leeds General ARMLEY Civic Quarter SAXTON 5 23mins / 10mins / 4mins GARDENS Infirmary Leeds Arena Quarter Crown Point Rd Trinity Leeds / 10mins / 11mins Shopping Quarter 6 30mins Whitehell Rd Shopping Centre Quarry Hill HOLBECK Tong Rd URBAN VILLAGE The Calls Holbeck Ln TRANSPORTATION Sounth Bank Central Tetley Brewery Regeneration Site LEEDS DOCK Southern Gateway 1 Bus Stop 2 Leeds Station 1min 27mins / 10mins / 7mins REGENERATION AREAS Tetley Brewery Regeneration Site SOYO Regeneration Kirkstall Road Regeneration Site Wellington Place Regeneration Otherwise known as Vastint - City Park. This Set to redefine how the people of Leeds This large brownfield site sits immediately The final phase of the Wellington 8.1 hectare site will see 850 new homes and live, work and play, SOYO - located east next to The Preston. There will be 257 new Place project is currently underway 15,000sqm of retail space created. It will of the city centre and south of York Road homes, three commercial units and brand new and is set to be home to Her Majesty's also feature a new city centre park. - will form an exciting new community public space to serve the growing community. Revenue and Customs, at a cost of space for Leeds's growing population. The GBP211 million. All in all Wellington neighbourhood will include trendy bars, Sir William Hendry Bragg Building Place will offer more than 1.9 million restaurants and lots of public green space. square feet of retail, leisure, residential Brand new teaching and research facility for and office space and is already home the University of Leeds. At the cost of GBP96 to the Skybet headquarters. million, this is currently one of the largest investments in the city centre. COMPARABLES MAP THE DEVELOPMENT MOORTOWN HORSFORTH NORTHGATE HOUSE WEETWOOD Av. price: GBP175,000 MEANWOOD ROUNDHAY CHAPEL ALLERTON HEADINGLEY ASHTREE APARTMENTS Av. 1 bed: GBP109,700 BRAMLEY KIRKSTALL THE PRESTON Av. 2 bed: GBP130,000 Av. price: GBP108,399 Av. 1 bed: GBP97,750 Av. 2 bed: GBP148,333 MABGATEHAREHILLS HOUSE STANNINGLEY Av. price: GBP208,209 LEEDS SOUTHBANK Av. price: GBP175,000 SPRINGWELL GARDENS HOLBECK Av. price: GBP131,390 Av. 1 bed: GBP109,843 Av. 2 bed: GBP160,000HUNSLET BEESTON For more information, please speak to one of our consultants. Computer generated images are intended for illustrative purposes only THE DEVELOPMENT Computer generated images are intended for illustrative purposes only THE DEVELOPMENT Computer generated images are intended for illustrative purposes only THE DEVELOPMENT Computer generated images are intended for illustrative purposes only SPECIFICATIONS DEVELOPER SPECIFICATIONS - GENERAL • Telephone operated main front door entry system with handset in each apartment • Push button entry operation for residents to main front door With over 30 years of experience, Mandale Homes is the • Apartment paint finishes to be white for ceilings and woodwork, largest privately-owned developer in North East England and natural hessian emulsion paint to walls with experience in all areas of property development, from • Timber flooring overlain with two layers of plasterboard with a single homes to industrial commercial spaces.
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