Why York is a Sought-After City for Property Investors

York stands out as one of the UK’s most attractive cities for property investors, combining rich historical charm with impressive long-term growth potential. With a population of over 220,000 residents and a strategic location between London and Edinburgh on the East Coast Main Line, York offers exceptional connectivity, making it a desirable place for businesses, commuters, and investors alike.

Significant infrastructure investment is driving York’s transformation. The City Council has launched a £427 million development fund, with 24% dedicated to housing projects, boosting residential growth and modernising public services. Key regeneration schemes, including the 45-hectare York Central development, will deliver 2,500 new homes, a thriving commercial quarter, and 6,500 jobs, reshaping the city’s economy and property market. Similarly, the £56 million Coney Street redevelopment will revitalise retail and leisure offerings, reconnecting the city centre to the River Ouse and creating 1,150 new jobs, with an anticipated £175 million economic uplift over 15 years.

York’s strong rental market is bolstered by its two prestigious universities - the University of York (20,000 students, 28% international) and York St John University (12,000 students, 6% international) - driving high demand for student accommodation, including HMOs. Student numbers are projected to grow by 1.5% over the next decade, adding further pressure to an already competitive rental sector.

Healthcare and tourism also play pivotal roles in York’s economy. The £18 million expansion of York Hospital’s emergency department, along with future plans for a cancer care unit, underlines the city’s growing healthcare infrastructure. Meanwhile, York’s tourism industry remains strong, with 8.9 million annual visitors contributing £1.7 billion to the local economy - a figure set to increase through major developments like York Central and Coney Street.

For property investors, York represents a city blending heritage, economic growth, and strong rental demand. With robust infrastructure investment, rising student and professional populations, and a flourishing tourism sector, York offers exceptional potential for both capital appreciation and rental yields.

Partnering with an expert property investment consultancy, our specialist advisors are on hand to source the right opportunities and help you unlock York’s true potential - because not all properties in York will deliver high returns and impactful results. This ensures investors can leverage the city’s upward trajectory to build wealth today and for generations to come.