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PropertyPrices from
£190,000
2018Rental Yields
5.5%
2018Price Growth
0.5%
2008 – 2038Population Growth
+72,000
About York
York is one of the UK’s most cultural cities; steeped in historical architecture. Voted as the number one place to live in a 2018 poll the Sunday Times, it contributes £5 billion a year to the national economy.
Benefitting from a thriving tourism sector, the city welcomes 8.4 million visitors each year. Of those, 1.6 million stayed overnight contributing £393 million to the local economy and helping the cities 2.5% growth year-on-year.
The city’s exciting planned development ‘York Central’ – A £650 million development to transform the large brownfield site close to the city’s railway station looks set to create 2,500 new homes, 6,500 jobs, up to 112,000 msq of office, leisure and retail – adding a £1.16 billion boost to the economy.
With York property value rising by a third over the last decade and the demand for short-term rental properties increasing, York is the ideal choice for investors.
Sources: Hometrack.com; Yorkmix.com; Propertyinvestmentsuk.co.uk
