Thrive Property Investment is delighted to present Sovereign Quay - A new luxury residential development in the centre of Hull.
Sovereign Quay is an eye-catching addition of 104 high-specification studio, one-bedroom and two-bedroom apartments to a rapidly growing city, currently ranked as one of the three fastest improving UK cities to live and work, and that is in need of quality new accommodation, particularly for young professionals.
Why Sovereign Quay?
- Hull is a city on the rise with a booming economy
- Hull is a hidden gem for property investment
- It has affordable property prices … 30% less than the UK average
- Rental yields are Impressive in Hull ... Typically 7-8%
- High tenant demand due to a property supply/demand imbalance in Hull
- Property prices in Hull are forecast to rise well above the UK average in the next 4 years
- Located in a desirable location just a 10-minute walk from Hull’s transport hub, 5-minute walk from the marina and 3-minute walk from the old town/museum quarter
- Just £5,000 reservation fee
The Finer Details
- 104 apartments
- 84 One-Bedroom
- 4 Two-Bedroom
- 16 Studios
- 999-year lease
- 46 car parking spaces
- Completion, Quarter 1, 2026
- Studio apartments from £114,500
- 1-bedroom Apartments from £119,000
- 2-bedroom apartments from £205,000
Let’s Talk About Hull
After being crowned the 2017 UK City of Culture, Hull has received a mammoth £1.5 million investment.
Hull’s City Plan means it is a city evolving from its historical past into a modern Northern Powerhouse through a series of regeneration projects, including:
- £27 million transforming fishing ports into a world-class waterfront destination for businesses and tourists.
- £83.6 million regeneration of the Fruit Market - a hotspot for independent restaurants, shops, art galleries, businesses and property investment.
- £96 million Albion Square redevelopment creating commerce, residential property and green space.
More details on Hull can be found in our Hull city guide, which you can find on our website at https://bit.ly/Thrive-Hull
Much like property investors, Hull has a clear-cut vision of the future, making it an excellent location to invest in property in 2025.
