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