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Zorin Finance is excited to announce the closure of a £21m loan, funding the development of a 125-apartment residential scheme in Holbeck, Leeds.
The high-specification development will deliver a mix of modern studio, one, two, and three-bedroom apartments across 12 storeys, along with a range of amenities and a commercial unit on the ground floor.
Located within walking distance of Leeds Train Station and the city centre, the development sits in the thriving South Bank regeneration area, where strong demand for city living has already been demonstrated by the recent success of nearby developments.
Leeds is one of the UK’s fastest-growing regional cities, with a large population of young, affluent renters and a strong graduate retention rate. The wider South Bank area is undergoing significant transformation, with new office, leisure, and residential developments driving job creation and urban regeneration. This has led to a pronounced supply-demand imbalance in the housing market, making Leeds an increasingly attractive location for purchasers.
The project is scheduled to complete in 2027.
Andrew Scotting, Lending Manager at Zorin Finance, commented: ‘Zorin is excited to be financing this experienced client, who has a track record of delivering high-quality schemes in the Leeds area. The Manor Road development will contribute to the ongoing regeneration of the area, where demand for high-quality residential accommodation remains high.’Zorin Finance is excited to announce the closure of a £21m loan, funding the development of a 125-apartment residential scheme in Holbeck, Leeds.
The high-specification development will deliver a mix of modern studio, one, two, and three-bedroom apartments across 12 storeys, along with a range of amenities and a commercial unit on the ground floor.
Located within walking distance of Leeds Train Station and the city centre, the development sits in the thriving South Bank regeneration area, where strong demand for city living has already been demonstrated by the recent success of nearby developments.
‘Zorin is excited to be financing this experienced client, who has a track record of delivering high-quality schemes in the Leeds area. The Manor Road development will contribute to the ongoing regeneration of the area, where demand for high-quality residential accommodation remains high.’
Andrew Scotting
Chief Lending Officer, Zorin
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