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Charles Street, Hull, East Riding Of Yorkshire, HU2

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

510 sq ft

47 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 8% Yield with strong rental demand
  • Property prices rising, 28.8% growth by 2028
  • Prime location in fast-growing urban hub
  • Excellent transport links via bus and train
  • Ideal for professionals
  • Wealth of local amenities

Description

INVESTMENT PROPERTY: Sovereign Quay is a luxury development located in the heart of Hull, offering 104 one, two, and three-bedroom apartments. This standout conversion caters to the growing demand for quality housing in Hull, making it an ideal investment opportunity. Investors can expect an 8% yield, benefiting from Hull's expanding rental market and chronic housing shortage.

Hull is known for its robust rental yields, and property prices in the city are steadily increasing as regeneration projects continue and demand for housing rises. With capital appreciation expected to increase by 28.8% by 2028, this is an exciting opportunity for long-term growth.

As Yorkshire's maritime city, Hull has rapidly evolved into one of the UK's most important manufacturing and energy hubs. Its strategic location on the River Humber combines 800 years of seafaring history with a modern high-tech future, creating an aspirational lifestyle and new job opportunities. Hull's annual GVA exceeds £6.2bn, with a growth target of £1.26bn by 2026. Over 10,000 businesses are located in the city, employing around 138,000 people across diverse sectors, including green energy, environmental technology, and manufacturing.

Hull's leadership in the climate and green technology sectors has attracted global companies such as Siemens Gamesa, BP, P&O, Smith & Nephew, and Ideal Heating, cementing its status as a globally important business hub. These factors contribute to Hull's continued economic expansion, making it a prime location for property investment. Investors in Sovereign Quay will benefit not only from strong rental yields but also from the city's exciting long-term growth potential and vibrant business environment.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Charles Street, Hull, East Riding Of Yorkshire, HU2

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About Fortem Property, London

The Limes 1339 High Road, London, N20 9HR

Fortem property is an advisory firm assisting landlords, developers and institutional investors with acquiring, disposing and managing property throughout London and Home Counties.

We are proud to be a small company with big aspirations. Being landlords ourselves, we know the importance of having a good property manager in place and more importantly, good tenants

Need professional and honest advice on letting and managing a property? Contact the team for further information

Your mortgage

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Years
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Monthly repayments
£572
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Disclaimer - Property reference SCHUL4. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fortem Property, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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