Reserve

The Halcyon 2 Bedroom

AVAILABLE
The Halcyon Croft Road BD16 2UA
Starting £219,950

Overview

Experience peace and tranquility at The Halcyon, a unique investment opportunity nestled in the heart of the Northern Powerhouse. Just a short 24-minute train journey from Leeds, The Halcyon offers a serene escape from the ordinary, while remaining close to major cities across the North.


This stunning development features 142 beautiful apartments across three unique blocks - Bingley House, Beck Pavilion and Boundary View, boasting a selection of one, two, and three-bedroom residences – all significantly larger than the market average. The Halcyon sets a new precedent for modern living, prioritizing your comfort and exceeding expectations.


Investment Highlights:


  • 114 one-bed, 26 two-beds and 2 three-beds available
  • 24-mins from Leeds and 16-mins from Bradford
  • Leeds is set to see property prices rise by 14.6% over the next four years
  • Leeds rental prices are expected to increase by 24% over the next four years


The Halcyon offers true ownership (freehold) with NO ground rent!


Here's what this means for you as an investor:

  • Freehold Ownership: The developer will transfer the freehold for The Halcyon to the owners, and this will be specified in the contract from the outset. With no ground rent, this offers a virtual or real freehold.
  • Right To Manage: A Right To Manage company will be created for the 142 owners, and the freehold will transfer to this company upon the sale of the final unit.
  • Control Over Management: This arrangement allows owners to manage the property themselves or appoint a block managing agent, giving them control over service charges and management.

This exceptional offering resolves a common issue with apartment ownership, making The Halcyon a standout investment opportunity.


Why invest in Leeds?


  • According to the Land Registry UK House Price Index, prices in Leeds have risen by £51,545 over the last five years and Savills forecasts suggest that prices could rise by a further 20.2% by 2028.
  • JLL data shows Leeds is the 2nd fastest growing city in terms of rental listings, with 22% more entering the market between 2022 and 2023.
  • Catalysed by incredible demand, Leeds rental prices are expected to rise by 24% over the next four years.
  • The professional and financial sector in Leeds is huge - home to around 320,000 workers - meaning there’s an increasingly large number of ambitious workers with disposable income seeking high-quality accommodation.


Phase 1 (Bingley House) - Launch Pricing


1 beds starting from £149,950

2 beds starting from £219,950


20% Deposit starting from £29,990

Reservation Fee - £2,500

Bingley House Completion - Q3 2025


Amenities

Risk management & compliance, when approached strategically, have the potential

  • YOGA STUDIO
  • FITNESS STUDIO
  • PRIVATE DINING SUITE
  • EVENTS LOUNGE
  • GUEST SUITES
  • SCREENING ROOM

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