An investment is only as strong as its environment, so investors in Hull property will be delighted to hear that the city recently won in two categories at the Enterprising Britain Awards, organised by the Department for Business, Energy and Industrial Strategy.
With 5,000 more jobs and 6,800 more people in employment compared to 2011, the government praised the city for boosting its economy and having the strongest growth rate in the country. Hull was also given an Improving the Business Environment award and congratulated on its investment in education and training programmes. This combination of achievements reflects Hull’s changing vocational landscape, with new companies, positions and skill sets popping up left, right and centre.
Needless to say, a city with a flourishing employment sector is ideal for property investment. Higher levels of disposable income help to further fuel the local economy, from shopping centres and independent retailers, to stylish bars and sophisticated eateries. It also plays a major role in improving attendance rates at cultural venues and events, which leads to a higher likelihood of greater funding from national bodies such as Arts Council England and the Heritage Lottery Fund. Put simply, where there’s money, more growth is sure to follow.
This positive transformation didn’t just happen overnight. Whilst the status of UK City of Culture 2017 has resulted in over a million visitors to the city’s museums alone, the seed of expansion was planted years ago. Big changes were planned for the Fruit Market and the land that runs parallel to the River Hull, but the devastating recession of 2008 led to the closing of Yorkshire Forward, the purse behind the push. However, the city would not be defeated, and the following years saw everything from artists and music promoters taking over Humber Street, to Hull City Council adopting the abandoned plans for the now award-winning Scale Lane Swing Bridge.
It’s this can-do attitude that makes Hull a truly pioneering city, with countless opportunities to take ideas to the next level. From collaborative workspaces such as the high-tech C4DI and the creative Hub A, to financial support available from Humber LEP and the Spark Fund, this is a place where questions are encouraged, boldness is celebrated, and innovation is rewarded.
As more people in Hull and East Yorkshire increase their earnings, forge new career paths and even reshape the world for the better, the greater becomes the need for attractive, high quality, modern apartments. This is where Prople comes in, presenting the very finest in urban living and guaranteeing an impressive 8% ROI if you remain an investor for three or more years.
Our luxury apartments on Wellington Street in the heart of Hull’s thriving Fruit Market are just the beginning of something incredible. Prople’s small-scale, high-return crowdfunding model is revolutionising the way people from across the UK invest in Hull, making it a win-win situation.
To find out how you can get involved with as little as £700, contact our team today on 01482 215990 or email email@example.com