City demographics series: Hull and East Yorkshire
Explore Hull – Why live in Hull and East Yorkshire?
While many home-buyers are drawn to the vibrant, go-getting lifestyle of areas like London and Manchester, the cost of living here can act as a bit of a deterrent. However, as you’ll discover at Hull – life outside of London doesn’t have to be dull. Surrounded by countryside paths, great transport links, and a village-like community feel, Hull and East Yorkshire are brimming with the possibility of adventure – and all at a very reasonable price.
Tempted to move to Hull or East Yorkshire? Find out what’s in store in this affordable part of the UK and explore Shared Ownership properties in Hull and East Yorkshire.
Why choose Hull and East Yorkshire?
When you first move to Hull, what you’ll notice first is the stunning scenery. Embedded inside scenic East Yorkshire, it’s home to acres of countryside, perfect for country walks and getting a breather away from the city. In Hull City, there’s also a striking waterfront area surrounded by lively bars and restaurants. What you’ll notice next is how affordable everything is – a world away from the sky-high prices of London, you’ll find landing your first home much more feasible.
Hull doesn’t just look pleasing to the eye – there’s also plenty of activities to fill up your free time. There’s a host of great entertainment venues, including the Hull Truck Theatre and the Hull New Theatre, as well as cultural attractions like museums and art galleries. And with the stunning coastline of East Yorkshire on your doorstep, your next beach day could be just around the corner.
How much does a home cost in Hull and East Yorkshire?
– Average price paid for a detached house in Kingston upon Hull in the year ending June 2022: £240,341
– Average price paid for a flat in Kingston upon Hull in the year ending June 2022: £91,936
– Number of properties sold in the year ending June 2022: 2,252
– Percentage of Kingston upon Hull properties sold that are new-builds in 2022: 0.9%
– The most common type of property sold in Kingston upon Hull during the year ending June 2022 was terraced houses, which accounted for 78.7% of properties.
What are the best affordable homes in Hull and East Yorkshire?
Hull is one of the more affordable parts of the UK, meaning there are plenty of ways to get your home-buying journey started, without hurting your wallet. Check out our pick of some of the standout affordable homes in Hull and East Yorkshire:
Best for families
In areas like London, you might expect to wait an eternity before you can afford a spacious family home. But that isn’t the case in Hull. Using Shared Ownership, you can pay for a smaller share of a stunning three bedroom home, while paying rent on the remainder.
From developer Persona Homes by Home Group, The Sowerby has enough space for the whole family. You’ll enjoy an open-plan living area, a contemporary dining space, and a private garden. With transport links like Cottingham and Hull station just a few miles away, it’s a piece of cake getting around, whether you‘re taking your children to school or getting to work in the city.
Best for dog-owners
Buying your home with a pet? While some Shared Ownership homes may not be pet-friendly, this three bedroom home could be the perfect haven for your furry friend. Located on the Mayflower Place development, there is plenty of space, a turfed garden and West Park a short distance away, it’s the perfect environment for a dog with bundles of energy.
Available through Shared Ownership in Hull, this property from Places for People is an excellent way onto the housing ladder. Enjoy all of the conveniences of modern living, including a fitted kitchen with integrated appliances, an open-plan kitchen area, and a stylish family bathroom. With superb transport links nearby, the emphasis here is very much on comfort and convenience.
Best for deposit size
One of the biggest benefits of Shared Ownership is that it cuts down the time you need to save for your house deposit. Shared Ownership homes usually require a 5% to 10% deposit, meaning that you can buy your dream two bedroom home with as little as £4,600 at The Chudleigh in Hull part of the Queens Court development.
Conceived by Wakefield District Housing, The Chudleigh offers plenty of space, making it ideal for a couple or small family. Alongside a cosy open-plan living area and a contemporary kitchen, you’ll also be able to look forward to a special location full of local amenities.
Best for transport links
Hull is one of the better connected cities in the UK, surrounded by transport links wherever you look. Just take this Shared Ownership home at Dream, a spacious three bedroom house at the heart of vibrant Hull City. With Hull and New Holland station just a few miles away, you’ll never have to venture too far to get out and about in the UK.
Available with a deposit size from £2,438, Dream by Thirteen Homes is also perfectly tailored to the needs of singles, couples or small families. Alongside three roomy bedrooms, you’ll have a bright open-plan living room, integrated appliances, and a contemporary dining area.
Want to live in a city that offers the benefits of urban living, alongside the peace of the countryside? At Share to Buy, you can unlock the secrets to buying an affordable home in Hull and East Yorkshire. Check out our property portal to uncover all of the benefits of Shared Ownership homes in Hull.
Information correct at time of publishing on 06/01/2024.