Friday, September 14, 2007

Leeds, manchester, Liverpool – they’re all going to go the same way.

Leeds living boom may be about to bust

Front page of the Yorkshire Evening Post reports on the coming carnage in Leeds due to the oversupply of flats (sorry, executive apartments): There are 6,300 homes in the city centre and 2,500 under construction. Another 10,800 are in the pipeline, which will take the total to 19,600. But the report says there is a "question mark" over the need for so many. Council Tax data for Leeds city centre shows that only 65 per cent of existing homes are occupied and the report says high vacancy rates are set to continue.

Posted by little professor @ 05:00 PM (1079 views)
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11 thoughts on “Leeds, manchester, Liverpool – they’re all going to go the same way.

  • OUCH! 35% empty, I thought people on here were exaggerating.

    Not a good place to be an investor

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  • liverpool is same and they want to build 25,0000 affordable houses… yet u can buy a terrace for 50k at auctions now, granted u might get shot…

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  • dohousescrashinthewoods says:

    and 13,200 new vacancies coming on stream?
    Woo hoo – I’ll take five please, cash, oh, wait, there’s 20p in the bottom of my pocket, make it six.

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  • Housing shortage it is then

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  • I wonder how many cities are similar to Leeds in this respect (too many flats, family unfriendly city centres). It would be interesting to get a planner’s perspective on this. Where’s p4ac when you need him?

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  • I’ve just looked up some properties in Leeds. Out of 58 properties priced between £60K-£80K at least 9 are labelled “no (onward) chain involved”, two “vacant possession”, a couple “currently tenanted” and 3 require renovation.Several are labelled as being suitable for investment, landlords etc.

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  • I thought Gordon said we need to build more properties?

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  • I used to live in Leeds. They are very proud of it up there and they call themselves the London of the north. Perhaps they could alleviate population pressure from the south, spread the people.

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  • Manchester is the same, Warrington is the same, Liverpool is the same in fact anywhere in the Northwest of England that’s near a motorway or decent dual carriageway is stuffed full of new build flats with more of what people do not want in the pipeline.

    Where I live we have lost 2 petrol stations, the local pub, the garden centre, three major local employers, the tennis club, and all the available ex brown-field plots to guess what executive apartments, city living with a rural feel apartments, chick pads, crash pads and a whole host of ridiculous marketing descriptions for 1-2 bed future hovels.

    The Victorians and Edwardians got it right when they built the terraces that still stand today, how many of these over-priced timber framed hovels will be standing in 50-years time, the answer is not many. We should be building homes for people to live their lives in and not to line the corporate pockets of unscrupulous developers.

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  • planning4acrash says:

    Aw, SU, how sweet of u. Well. Basically, where I work, we only require that 1/3 or flats are family sized, but I reckon that’s far too many non family sized flats, and managers often relax on the standard of 30sqm of outside space for family sized units for no apparent reason, and we do not require any outside space for non-family sized units. Basically, developers just want to build studio’s and we find it really hard to get them to get anywhere near our minimum standards, we really need regional studies into housing needs to define and ensure that developers meet those needs, because they simply do not, each builder just builds whatever sized flat makes them most profit and at the moment studios make most profit so that’s what they build. I have one at the moment where the developer wants two bed flats with 8sqm bedrooms and and 10sqm living rooms, its pathetic, they really don’t give a s£it, and liberals out there must realise that the market will not meet their needs if it is properly regulated. But in reality, flat sizes should be determined by building regulations, not planning, but building control doesn’t even regulate floor to cieling heights, so there really isn’t much hope unless some really powerful politicial takes it by the scuff of the neck and sorts it out!! Basically, government needs to say, oi, builder, stuff you, we need this, if you build in the UK, you need to build it, period.

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  • I wish someone like Dohousescrashinthewoods would get into politics and change things. He talks a lot of sense and comes across as a really lovely, thoughtful person.

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