Why invest in Weetwood Property

By

RooftopLiving Team

Posted

24th February, 2021

Categories

Area Guide

Why invest in Weetwood Property

Weetwood is an area in Leeds situated between Headingley and Meanwood, the north–west area of the city. Headingley is a suburb of the city of Leeds, approximately 2 km from its city centre. It is often described as one of the most vibrant areas with a lot of things to do: rugby and cricket fans can enjoy matches at the Headingley Stadium.

On the other hand, Meanwood is the perfect mix between town and country. Its proximity to Leeds makes it a thriving community while it preserves its identity as a village.

1. Location

Being so close to Leeds city centre, Weetwood is very well connected.

For those commuters who prefer to travel by bus, this area offers a bus service that runs regularly to the downtown area and West Yorkshire. Lines 51 and 52 are the most regular bus routes running every 10 to 15 minutes. Lines 38 and 39 run every hour during peak times.

Catching a train is another comfortable option because the nearest train station is in Headingley. Transportation by car is also recommended because three important motorways serve the area: M62, M6, and M1. Because of its vicinity to Leeds, commuters can choose to catch a plane from Leeds Bradford Airport, the international airport at just about 10 km northwest of Weetwood.

2. Schools

There are several schools and universities close to this area are. The Leeds Beckett Headingley Campus offers both undergraduate and postgraduate courses. Some of them are Accounting and Finance, Architecture, Biochemical Sciences, Business and Management, Criminology, Economy and Finance, Teaching and Education, etc.

The campus is far more than the typical university building. It is surrounded by meadows where students can spend some time outdoors, study, or simply relax after a busy day in the classroom. It is a campus definitely worth visiting.

Spring Bank Primary School is situated in Spring Road. It is a happy, safe, and fun place to learn to become a valuable member of society and to respect others. The school provides a supportive and caring environment.

The curriculum offered is a source of motivation and inspiration for the students who receive solid teaching, exciting integrated activities, while developing basic skills. The school’s main commitment is the safeguarding of its pupils.

The University of Leeds is well known internationally because it is one of the most important universities in the area (and in the country). As a matter of fact, the city itself and its suburbs register a large number of young people, the majority being students at the top institutes of the West Yorkshire county.

Of all areas in Leeds, Weetwood is one of the top ones to settle down with the family. It is also the right choice for young professionals and students thanks to its proximity to the city centre. The vast amount of amenities makes it one of the most popular and exciting areas in Leeds.

3. Residential area

Being a residential area, Weetwood represents the ideal place to live for both workers and students (the traditional student areas of Headingley and Hyde Park are close by). People who want to invest in the housing market will find a rejuvenated town with many terraced houses as well as some newly developed buildings for a living.

Despite the fact that Weetwood is very close to Leeds, properties are still affordable. If one wants to invest in the housing market, there is a wide range of properties: modern apartments, Victorian terraces, traditional bay windowed semis, Grade 2 listed conversion developments, and luxurious executive homes.

It’s no surprise that house prices in Weetwood are slightly higher than the national average. Here prices are influenced by the housing market of Headingley and Meanwood. The average house price in this area is £215,100, about £2000 more expensive than the rest of England.

Moreover, in the past 12 months, the average house price in Weetwood has risen by 3.17% indicating that the ROI (Return Of Investment) in this area is very strong. Therefore, buying a house to rent and perhaps resell in the future is strongly recommended.

The average price for detached properties in Weetwood is £360,000, about £100k more than a semi–detached house. However, considering the national average price of detached properties in London (£372,768), these homes in this area of Leeds are still cheaper.