York, UK

The UK’s highest capital appreciation and the fastest growing yields.

HIGH CAPITAL GROWTH

Savills found York offers investors the highest capital appreciation in the UK

26% YIELD RISE

Investor yields in York are rising at 26% per year, 7% more than anywhere else

RESTRICTED PIPELINE

A English Heritage City, York’s new housing stock rose just 0.1% in 2013

RIVALS OXBRIDGE

The Sunday Times states York has an academic reputation to rival Oxford and Cambridge

DEVELOPMENTS

YORK INVESTMENT OVERVIEW: A HISTORIC CITY WITH RECORD-BREAKING GROWTH

One of the UK’s oldest cities is a modern investment phenomenon. It currently offers some of the UK’s highest levels of capital appreciation and, given the restricted nature of the city’s development pipeline, investors who can secure assets now will see their returns rise for years to come. The underlying supply-demand dynamics are exacerbated by a university with international appeal and the UK’s lowest volume of dedicated student housing.

A HISTORY OF HIGH DEMAND AND LOW SUPPLY

A beautiful city offering a high quality of life, residents and students from all over the world want to make the city of York their home. This has led to it having the third fastest growing population in the UK.

However, the scenic nature and status as an English Heritage City means that within the ancient Roman walls, few developments secure planning, with housing levels rising just 0.1% in 2013.

UK’S BEST PERFOMING PROPERTY

Investors, students, residents, everybody wants property in York. The acute supply and demand imbalance means yields and capital growth are rising sharply.

In summer 2015, Savills confirmed that York has the UK’s highest levels of capital appreciation. That’s not all, CBRE found that rental yields in the city are rising at an annual rate of 27%, which is much faster than any other city. This ancient city has never been more in demand.

FEWEST STUDENT BEDS

York’s student market is emblematic of the wider property dynamics. Multiple University of the Year winner, University of York attracts over 15,000 students including 3,300 from overseas.

However, York currently has a supply of just 1,200 dedicated student beds and, considering York St John boosts the student population to over 21,000, there is an undersupply problem that is making national headlines.

YORK HOUSING MARKET

Want to know how York and other cities are performing in the UK property market? Download our free in-depth guide, updated quarterly for an exclusive review.

Request the latest insight below.