Cooper House

Hull, UK

A Closer Look

The Development

Formerly a historic Hull brewery location, Cooper House has undergone a modern residential conversion, featuring 31 units. Nestled in a private courtyard, the development offers expansive city-centre living. The units include balconies, private outdoor spaces, and secure parking.

The Location

The compact size of Hull’s city centre provides residents with easy access to all amenities within walking distance or a short commute. With 2 bus stops under a 5-minute walk, and a train station in under 20 minutes, Cooper House is well connected to the city. Cooper House is surrounded by local amenities, restaurants, theatres, galleries, and museums.

Hull has very well-connected transportation links, connecting its residents to the broader UK through road, rail, and air networks. Public transport conveniently facilitates access to employment hubs and the University of Hull situated beyond the city centre.

Investment Case Overview

Hull is known as one of the most affordable places to buy property in the UK and experiences a rising demand for real estate, driven by the city’s thriving economy. Due to the city’s effective economic strategies, Hull has experienced a 93% growth in GDP since 2000, amounting to GBP 7.1 billion as of 2022. The economy is projected to continue expanding, reaching GBP 10.7 billion by 2035, marking a further 52% growth. Concurrently, the average GDP per capita has increased by 88% since 2000 and is anticipated to reach GBP 41,874, reflecting a 54% increase by 2035.

In Hull, the consistently undersupplied housing market and rising incomes have put significant upward pressure on house prices and rents in the city. These house prices still offer tremendous value for money, and currently are an incredible 47% more affordable than the average UK city.

Hull is home to more than 8,400 businesses with a growing number of investments each year. Reckitt, BP, and KCOM are among some of the globally prominent companies that have identified Hull for its promising investment prospects.

The revitalisation of Hull commenced in 2013 through the initiation of the ‘City Plan.’ This initiative has effectively emphasised and promoted sustainable growth and economic development within the city. Building on this success, Hull has recently unveiled its ‘2021-2026 Economic Strategy,’ concentrating on environmental reclamation, enhancing the city’s workforce skills, improving transport and connectivity, and striving for carbon neutrality by 2030, with a further aim of achieving net-zero by 2050.

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