Allsop completes major residential investment acquisition in Leeds for HNW overseas client

Allsop, a leading UK property consultancy, has acquired Headingley Park in Leeds for a price in the region of £30M on behalf of a private overseas client.

Set within a 6.5-acre leafy estate just a short commute from Leeds city centre, the 222-unit private gated scheme - comprising 43 studios, 143 one-bedroom and 36 two-bedroom apartments - is a highly popular residential development predominantly catering to young professionals and postgraduate students. Delivered through the high-quality PD conversion of five former office buildings between 2016 and 2024, the scheme benefits from a concierge service, landscaped grounds and a track record of long-term stable occupancy and strong rental growth. 

Residents enjoy a prime location near Leeds city centre, which provides an extensive range of amenities and is easily accessible via Headingley Lane or from Burley Park train station, just 0.5 miles away. The area also benefits from proximity to key institutions such as Leeds General Infirmary, the University of Leeds, and Leeds Beckett University, all situated in the north of the city centre. Headingley itself boasts a wealth of local amenities, including Headingley Stadium - home to Yorkshire Cricket Club and Leeds Rhinos – which regularly hosts international cricket and rugby fixtures.

The investment offers a strong immediate income stream and is well placed to benefit from the continued economic growth of Leeds, the UK’s leading financial centre outside London.

Allsop acted on behalf of a private overseas investor looking to boost its UK portfolio. 

Mark Ibbotson, Senior Associate at Allsop, said: “With our in-depth regional knowledge and ability to successfully source high-quality, income-generating assets across the UK, Allsop is uniquely placed to help clients grow their portfolios. We have seen steady demand for well-located, income-generating schemes, particularly from overseas buyers looking for stable and secure investment destinations and we anticipate even greater appetite for such opportunities in the coming months. This acquisition is evidence of continued investor confidence in Leeds and the wider Yorkshire region, and we expect this trend to continue.”