Investment Case
Hull is a city with pulling power. Ranked as one of the best locations for businesses in the UK, the city now has more jobs than ever before. More than one million people live in Hull and its immediate hinterland, with a further nine million people living within a two-hour drive.
The regeneration of Hull’s heart is well under way. More than 100 businesses have already opened in Hull’s beautiful, recently transformed city centre, alongside £220 million of new investment in city centre retail and leisure outlets.
As the UK’s City of Culture, Hull is now one of the north’s most desirable places to live. The city is continuing to put on an incredible programme of huge acts, festivals and installations.
Hull - Development Information
This is the first surge in inward investment resulting from major commercial projeects. The development will stand as one of the most marketable properties in the city. Pitches squarely at discerning professional tenants, its apartments will be modern, light and airy, well equipped and exceptionally well located.
POSTCODE | HU1 3PE |
UNITS | 58 |
TYPE | New Build |
UNIT TYPE | 1 beds |
ENTRY / MAX | £80,000 - £95,000 |
PRACTICAL COMPLETION | Completed |
RENTAL YIELD | 7.5 - 8.5% |
EST. GROWTH | 4 - 6% p.a. |
PAYMENT PLAN | £5,000 reservation fee 100% on Exchange (Minus reservation fee) |
GROUND RENT | £300 p.a. |
SERVICE CHARGE | £2 p/sf p.a. |
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