At HOP, we have the resource and know-how to successfully deliver residential property developments in Leeds and the surrounding areas.
Backed by extensive experience of the property market, our team of property experts, specialist consultants and contractors work together to develop residential property across Leeds. As well as developing our own schemes outright, we help property owners flip their investments, develop their land or convert commercial properties to residential homes.
Collaboration is where the magic happens! We are flexible in our approach and can partner in several different ways to deliver a profitable outcome, depending on your requirements.
Property Development in Leeds
In general terms, property development is the process of adding value to real estate. In most cases that added value comes in the form of a home or homes, a block of flats, or a commercial building of some sort, such as an office building or retail mall. At HOP, we specialise in developing residential schemes outright as well as in partnership with, or on behalf of, our clients.
Property developments in Leeds are popping up everywhere. Thanks to the city’s buoyant property market, there continues to be an healthy appetite for residential development. Entrepreneurs from London and overseas are investing here to take advantage of the agreeable real estate climate.
The Leeds residential market is thriving, with a continued demand for rental properties and quality new homes. Our expert team of architects, consultants and contractors, work seamlessly together to deliver high quality schemes – either on a joint venture basis or as an outright purchase.
If you have a residential or commercial property or a piece of land that has development potential, we’ll provide a full, confidential, no obligation appraisal on the following kinds of opportunities:
- Residential property in need of extensive renovation or opportunity to develop
- Large garden or side plots
- Commercial and Industrial Units from 4000 to 40,000 sq ft for conversion/change of use to residential
- Land up to 2 acres brownfield or greenfield
To find out more, speak to our friendly team on 0113 467 1584 or
Completed Projects
HOP has undertaken a number of different development projects throughout the city and is always on the lookout for new opportunities.
Commercial to Residential Conversion
Coburg House, LS3
In 2020, HOP converted two floors this well-located office block into a residential development of six 1-bedroom, high spec apartments, designed to appeal to discerning student and professional tenants.
- HOP successfully obtained change of use from commercial offices to residential flats
- Conversion of ground and first floor offices to 6 x 1-bed flats
- Works began in March and were completed by September 2020
- All units fully furnished and dressed to a high standard
- Fully let to a mixture of young professionals and students.
The combination of its proximity to the city centre, and the high spec finish, means that the apartments have let quickly year on year with no void period.
GDV £720k
Residential House Conversion to Flats
Francis Street, Chapeltown
In 2021, HOP converted this residential house in the up-and-coming area of Chapeltown in North Leeds into three gorgeous high spec apartments complete with rear parking and a lovely front garden with decking.
- HOP obtained planning for the flats and converted the property
- Two 2-bed and one 1-bed flat
- Works began in Spring 2021 and were completed in August 2021
- Finished to exacting standards and to a high specification throughout
- All units fully let to professional tenants
After the transformation was complete, we received 30 applications to let the property, within a 48-hour period – setting a new benchmark for rentals in the area!
GDV £350k
If you have a property in need of development, call 0113 467 1584
Joint Ventures
Partnering together on a project means that each party can bring their own expertise, resources and skills to the table to deliver a successful result.
Development Partner – HOP can take care of the sales and client handover. Alternatively, by investing at the outset, reducing the financing cost, with a share of profits at the end.
Building Owner – Don’t want to sell your property for less than you feel it is worth? To see a larger return on your asset, we can work with you to deliver the project. By putting the land in, HOP can bring the planning, optimising and development know how to maximise the return for all parties on the sale. The profit is then shared on the sale of the development, paying you a higher amount that you would otherwise have received.
Land Owner – We have expertise in identifying and delivering residential development sites. HOP can purchase unconditionally or enter into an Option Agreement or conditional contract subject to planning, which will normally mean that a higher land value can be offered once planning is granted or other constrains have been resolved.
Assisted Sale
Do you have problem property or piece of land that you are thinking of selling?
Our specialist team of property experts will help maximise your potential returns and make it easier for you to sell. Whether it’s a tired property that needs refurbishment, or a piece of land in need of development, we have the expertise and skills to transform the asset into an attractive proposition for any buyer.
You can relax while we put our team to work, making changes designed specifically to achieve the maximum sales price and help your property capture the attention of buyers. In this arrangement, HOP can finance and deliver the project on your behalf. We’ll then split the profit on the uplifted value of the sale, less costs and agreed existing value.
For example, we recently completed a conversion and upgrade of a 3-bed house worth £180k to a 5-bedroom, high spec, HMO that then sold for £290k in 2020.
Generating a passive income with HOP
Looking for hassle-free fixed returns? Beat the bank and get 8% to 10%!
For professional investors wanting a passive income, you can invest without having to own a property or deal with day-to-day issues.
HOP offers fixed annual returns of 8% to 10%. We will utilise the funds to acquire and develop residential opportunities either to sell or hold. You will receive updates on the project and be invited to see the finished product, prior to it being sold or refinanced.
Minimum investments are normally £50k to £200k.
Trust the Team at HOP
We have well over a decade of experience with the local market that began when we were called “Let Leeds” and has continued as we have branched out into other aspects of the real estate business. With an expert eye for opportunity and an incredible team of contractors and property specialists, our services now extend to property development.
Whether it’s developing a piece of land, converting a commercial building to high spec apartments, we’ll partner with you to put our experience and expertise to work.
Today, we are one of the most trusted companies in West Yorkshire with our finger on the pulse of the local market and the inside track on the best ways to invest in developing high quality homes and residential schemes.
The Bottom Line
If you are a land or property owner looking to develop property in Leeds get in touch with the team at HOP. Likewise, if you are a real estate investor looking for the best company to represent your interests, get in touch with HOP today by calling 0113 467 1584 or click the button below to send us an enquiry.