George House - Hull

Located just 200m from Hull City Council’s offices, and 600m from the city’s main bus and rail interchange, George House is ideally positioned to benefit from Hull’s rising fortunes. Named the UK City of Culture 2017-2021, Hull has been gaining considerable recognition in recent years.

Its retail and cultural sectors have rebounded quickly from a downturn during the Covid pandemic but, more significantly, the city has been attracting new, inward investment on a truly massive scale. In recent years, it has secured over £3 billion of investment, and more than £1 billion of commercial projects and infrastructure projects are currently in progress. For a city with a population of just 260,000, that’s a great deal of economic activity concentrated in a relatively small area.

For investors, Hull promises a buoyant economy and more residents in better-paid roles; a reliable recipe for growth in both capital and rental values. But what’s more, the local population is forecast to swell by as much as 28,000 by 2035 – a trend that will put added pressure on an already overstretched property market. This, too, should help to underpin improving returns for investors.