Marcelo Bielsa and your Leeds property
by on 17th January 2019
Ok, we know, we know; we’re a Leeds estate agency not a forum or fanzine for Leeds United and its mercurial manager, Marcelo Bielsa.
But bear with us, because your property in Leeds could be affected by this man and his team, far more than the press predictions about Brexit.
Like the football, with the team heading up to the Premier League, your property in Leeds will grow in value.
This is not simply a sales pitch. It’s based on fact. A fact drawn from a 200 mile / 2 hour drive down the M1 to Leicester.
In May 2016, with 5,000 to 1 odds at the season’s start, Leicester City led by a similarly lauded manager, Claudio Ranieri, were crowned champions. Jamie Vardy became a household name and Leicester, itself, became a property hotspot that year and since.
The average property price in Leicester increased by 15% between January 2016 and January 2017, with city centre flats showing a 71% annual increase.
In just 12 months.
So what could promotion do to Leeds United and our city?
It will lead to: increased match attendance through season ticket sales; burgeoning away support from many visiting glamour clubs and the revenue from merchandise sales, means that being in the Premier League is the ambition for any club in the Championship.
Along with increased footfall and expenditure in the city centre, from visiting fans, media crews, hitting the Premier League matters for Leeds and other clubs.
A Premier League position accelerates house price growth.
A Premier League position attracts students from the UK and overseas.
A Premier League position will make Leeds grow financially.
If Leeds were promoted this year and enjoyed a good run in the Premier League, would we see Leicester-sized increases here?
We think so, at Hogan’s.