• Hoxton Property

Unit Pick of The Week 10/09-2020

Every week the Hoxton Property team picks one unit at one of our developments. First out is one of our completed developments in Hull, this unit is ready to generate income straight away.

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 number 213

Price £81,450

Rental Yield 7.14% NET

Rental Income £484 (per month)

Capital Growth 6% (per year)

Estimated Return on Investment 65.7% (over 5 years)

Completed development Instant income generator

Stamp Duty £2,443 (paid upon exchange)

Legal Fees £1,600

Payment Plan

£5,000 reservation fee

100% upon Exchange of contracts (minus reservation fee)

Managed and tenanted by Fortem Property Management (on behalf of Hoxton Property) for £55 per month

Key Investment highlights

  • Hull is one of the UK’s property investment hotspots

  • High returning yields and est. growth

  • High rental demand

  • Estimated population growth by 10% by 2022

  • Completed development – Ready to generate income straight away

If you are interested in this particular unit or wish to hear more about our other stock please send us an email on admin@hoxton-property.com

Ⓒ 2020 Hoxton Property

  • Facebook
  • Instagram - Grey Circle
  • LinkedIn - Grey Circle