Leeds is considered one of the best places to invest in buy to let residential property throughout the UK, it has shown some of the strongest growth seen in the UK property market over the last 12 months.

With sky-high rental yields and considerable capital growth, the West Yorkshire city is becoming a verypopular choice for buy to let landlords from across the UK. With Leeds crowned the best city to live and work in the North of England in 2021, while also named the best city for parks and playgrounds in 2020, Leeds has to be one of the standout UK cities when considering buy to let.Rated as one of the hottest sales markets in the UK by Zoopla, the Leeds property market is estimated to be worth a staggering £60 billion and is generating some of the best returns possible over the last 12 months.

A huge appeal behind buy to let investment in Leeds is the massive house pricegrowth due for the upcoming years. It is widely predictedthat the Yorkshire and the Humberregionis set to seehouseprices soar by 18.8% by 2026 – this is the joint-highest predicted growth rate in theUK alongside the North West. Due to such affordable property prices, Leeds rental returns in the city are also excellent. Those who find buy to let property in Leeds will benefit from average gross rental yields of 8.97% and above, according to the latest Zooplarental price data from December 2021. A report from Zoopla in June 2021 found that Yorkshire had the most significant growth of rental demand in the UK, recording a 3% rise.

This has had a huge impact on rental prices in the region, with the HomeLet rental index recording a whopping 7.7% rise in Leeds rental prices over the last 12 months – for comparison that is higher than the South East, South West, and East Midlands.

These figures are unsurprising when youconsider the rising population of the Leeds region. It currently stands around520k in 2021.A report by the Centre for Cities found that the population in Leeds has grown at seven times the rate of London in recent decades, with a huge increase of 151%.