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Cooper House is a modern conversion, transformed from a historic Hull brewery. It offers studios, 1-bed, 2-bed, and 3-bed apartments, with excellent rental yields up to 6.77%. Only 5 apartments are left to purchase, and we don't expect them to be around for much longer!
Not only is this development in the heart of Hull City Centre, where high rental demand and low vacancy rates lie, it is also complete and awaiting occupancy. This means that tenants can immediately move in and investors can instantly earn. On some units, investors can generate up to £15,000 each year!
The average property price in Hull sits at £164,997. Compared to the UK’s average of £285,000, Hull is one of the most affordable cities for investing, as it promises the highest returns. Hull’s popularity is rising, thanks to its ever-growing student population, countless regeneration projects, and increasing sustainability industry. Therefore, the potential for capital growth is high, as Hull’s economy will continue to grow.
A Beautiful Completed Development
Cooper House is surrounded by local amenities where residents will live within 5 minutes’ walk from grocery stores, restaurants, bars, galleries, and museums.
The modern apartments benefit from a secluded courtyard with bike storage facilities and secure onsite parking, which provides residents with more convenience and flexibility to travel to nearby cities. Not only that but the open-plan kitchens are fully fitted with the necessary appliances and fully integrated Bluetooth speaker systems – perfect for tenants entertaining guests or enjoying relaxing evenings.
Each apartment is finished to the highest quality by developer Continental Gold. This is comfortable, lush living at its finest, from the bathrooms’ pristine floor and wall tiling and LED downlights to bedside USB sockets and a digital heating system.
Significant Capital Growth Potential
Despite being one of the UK’s most affordable locations to buy property, Hull’s growth in property demand is underpinned by the city’s burgeoning economy. Attracted by the city’s growth over the last decade, Hull is home to more than 8,400 businesses with a growing number of investments each year.
In 2013, Hull launched its innovative City Plan, with the aim of becoming the UK’s leading energy city and visitor destination. Since then, the city has seen significant economic development, with thousands of jobs being created and unprecedented levels of investment, totaling £3 billion to date. This led to Hull being named the third most improved UK city in 2018.
Hull also has excellent transportation links, connecting its residents to the rest of the UK and further afield via road, rail, and air. Employment hubs and the University of Hull located outside the city centre can be easily reached through public transport. Under Hull’s new City Plan, the city’s connectivity is set to further enhance, while remaining in line with its sustainability targets.
UK's Renewable Energy City
Hull is evolving from a city once heavily reliant on trading and seafaring to one being built for the future.
Its emerging sector in renewable energy aims to help Hull become a leading UK renewable energy city, reaching carbon neutrality by 2030. Significant investment has already been secured for R&D, education, skills development, and business support, providing a solid foundation for the sector’s continued growth.
Yorkshire Energy Park will be the next-generation energy and technology business park. The 212-acre site will create one of the country’s most advanced green energy facilities that will drive economic growth, support the local community, and help position Hull and Humber at the forefront of the country’s transition to net zero.
Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.
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Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.
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Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.
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Hull Investment Guide
Download CityRise's Hull investment guide to find out why Hull is one of UK's most exciting investment hotspots.Take a look