Leeds property developer KMRE Group are excited to announce launch of their £18m PRS flagship scheme in Leeds City Centre. Building works have now commenced on the brownfield site at Kirkstall Road adjacent to Napoleons casino.
Providing 111 new apartments, 2400 square feet of commercial premises, 23 parking spaces and shared amenity areas for the future residents, the scheme is due for completion in March 2019. The proposed development has already been forward sold on completion representing an attractive proposition for investors in a locality enjoying exciting regeneration and revived interest.
Kam Mogul managing director for KMRE commented: “This cleverly designed and well located scheme is now underway as our construction team proceed with demolition and site clearing. We are pleased to be starting this high quality development of 1, 2, and 3 bedroom apartments close to the widely anticipated Yorkshire Post building redevelopment. It’s located close to the inner ring road and has an array of amenities including restaurants, pubs, and a cinema whilst being within walking distance of the city centre. Attributes that attracted us to the location from the beginning!
Having already agreed a sale of the whole scheme on build completion, we feel this truly indicates the strength of confidence and appetite to purchase from professional investors in the city.
Leeds is a vibrant, prosperous city and this PRS development sits alongside our other current project in the city; Mabgate Gateway where we are already on site building 92 PRS apartments.”
KMRE Group are a property development company specializing in residential investment schemes and new homes for owner occupiers. Their focus is on delivering high quality schemes and bring positive regeneration into sites that have potential to provide much needed housing.
