As an investment led business its ALWAYS numbers first before any thing else. We have continually positioned our projects into 3 tiers
Believe it or not the hardest type of project to bring to market is entry level when focusing on the long term numbers as well as the development. Cheap is good, good isnt always cheap Typical requirement targets for acquisition
When taking the above into account you might agree its not an easy find. There are many towns and cities in the UK that cater for this price point and Rightmove is littered with garbage from £50,000 upwards. But remember "investible" an object suitable as an investmentAs a lad from Stoke on Trent I can confidently say I could EASILY find a decent apartment or house maybe for £120,000 and get a solid 7% rental yield however there is NOTHING taking place in the city to suggest in 5 or 10 years my capital will grow substantially. I am hopeful this will change in the future but right now the city is going backwards .. SORRY STOKIES
Our last entry level priced project was Rawsons Mill, a conversion of a 200 year old mill which has gone through an 18 month facelift and should be delivered by October 2025 to all investors and end users. The developer has a 10 year track record and the urban area of Halifax UK has undergone and is still continuing to undergo a massive amount of regeneration spending which will undoubtedly lead to an increase in house prices over the coming years. Our project units were priced between £120,000 and £160,000
Following the success of Rawsons Mill we are delighted to launch our new ENTRY level project in Hull, Yorkshire and the Humber tipped for a 28% increase over coming 5 years.
Sovereign Quay offers 104 stylish apartments in one of the UK’s fastest-growing investment hotspots.🔹 Priced 30% Below UK Average – Studios from £114,500, 1-beds from £119,000 🔹 High Rental Yields – Est. 7%-8% 🔹 Strong Capital Growth given Hulls average price gap from UK average. 🔹 Flexible Lettings – Standard & Short-Term Lets Permitted 🔹 Prime City-Centre Location – Walk to bars, restaurants, transport links 🔹 Fully Funded & Q1 2026 CompletionWhy HullAfter being crowned the 2017 UK City of Culture, Hull has received a mammoth £1.5 billion 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:
Thriving business opportunity deals A Hull factory will supply wind turbine blades for Scottish Power in a contract worth more than £1bn.Siemens Gamesa will manufacture the blades for 64 turbines, which will be installed at the East Anglia TWO windfarm off the Suffolk coast. Darren Davidson, UK head of Siemens Energy and Siemens Gamesa, said the deal would allow the firm to plan for the long term in Hull and was a "real positive" for job security.
I am confident of a fast sell out on this project and would therefor encourage any active buyer to act fast. As this article started off with, finding entry level property isn't easy but we believe we have this nailed !