Yield: 7.5%
Completion Date: Q2 2023
Lease Length: Share of Freehold
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Middleton Chambers comprises a selection of beautifully designed one- and two-bedroom apartments. These stylish apartments are contained within a beautiful and timeless period property in the heart of Hull Old Town, offering a prime opportunity to both buyers and tenants.
With Middleton Chambers' central location and gorgeous design, these apartments are experiencing a high demand - with only 3 units remaining!
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All apartments welcome a neutral colour palette and plenty of natural sunlight through the expansive windows, with some units even boasting their own private terrace. Benefitting from spacious and well-proportioned layouts, Middleton Chambers provides the perfect setting for any occasion.
Whether residents are having a quiet night in or hosting friends, the open plan kitchen/living room design offers ample space for all to enjoy.
Middleton Chambers is located in the heart of Kington upon Hull, commonly known as Hull – a city with culture embedded in its DNA. This famous port city has quickly become a property investment hotspot. This is due to its affordable house prices, excellent yields, and thriving rental market. For those looking for an inexpensive first step onto the property ladder, Hull could not be better placed.
The maritime city lies on the north bank of the Humber In East Yorkshire. Historically, Hull was a major trading and fishing port. The city has harnessed this period of its history, investing £27 million into transforming its fishing ports and turning them into world-class tourist destinations. Wilberforce House, the Hull and East Riding Museum, and the Maritime Museum attract a considerable number of visitors a year. It is without question that Hull has rebranded itself as an innovative, modern city that is leading the charge for the UK’s green economy.
Situated in Hull’s Historical Old Town
More specifically, Middleton Chambers is situated in the city’s historical centre, Hull’s Old Town. The streets are lined with trendy bars and pubs. In addition, museums are scattered around the local area, giving residents plenty to do in the evenings and weekends. Hull’s Old Town was designated a conservation area in 1973. This move was designed to give the city a layer of added protection under planning law.
The council has recently detailed a new historical audit known as a Conservation Area character appraisal. It not only paints a picture of the city’s oldest neighbourhood but also sets out a plan to protect, preserve and enhance its many qualities. Therefore, buyers in Middleton Chambers can expect the surrounding areas to be well looked after as local facilities are enhanced. As a result, this will boost capital appreciation in the area.
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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Hull City Guide
Read more about why Hull is quickly becoming one of the UK's most lucrative investment cities with CityRise's Hull investment guide
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