Property Pick of The Week
Tivoli House, Hull
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.
Development Information
This is the first surge in inward investment resulting from major commercial projects. 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.
Unit 213
Price £81,450
Rental Yield 7.14% NET
Rental income £484 (pcm)
Growth (p.a.) 6%
Completed development – Instant income generator
Combined return on investment over 5 years 65.7%
Stamp Duty (paid upon completion) £2,443
Legal fees £1,600
Payment plan
£5,000 reservation fee
100% upon exchange of contracts (minus reservation fee)
Managed & tenanted by Fortem Property Management (on behalf of Hoxton Property) for £55 pcm
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Key Investment highlights
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Speak to one of our team at Hoxton Property for more information regarding this building and our other current stock.
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