Investing in York
CityLets York is York’s leading established agency providing consultancy and management for investors in the private residential, serviced and holiday letting market. We are the destination brand for anyone seeking to let or rent high quality properties in York. We are passionate about property and have advised and assisted a large number of landlords with acquiring investment properties in York. View the latest opportunities here >>
We can provide rental appraisals for you for most properties. Details can be emailed to the office and one of our team would be delighted to see you in person. To arrange an appointment to discuss your investment options please contact the office on 01904 652729.
There are many different reasons why landlords invest in or rent properties in York. We have highlighted some of the keys areas:
A Great Choice of Rental Markets
1. Residential – York is a beautiful city and as a result people want to live here. There is a strong demand for properties at all levels from studios and 1 bedroom apartments to family homes with a garden and a garage.
2. Corporate – AVIVA, Nestle, Hiscox, Shepherds Builders, University of York, Railway Companies, York Science Park, NHS and Armed Forces relocation. These companies look for good quality accommodation within the city centre and outskirts.
3. Serviced Apartments In YO1 – Ideal for companies on contract with York’s larger employers. Insurance placements, visiting University academics, families or individuals between house buying and selling, longer term visitors to York and overseas longer stay guests. View our portfolio >>
4. Holiday Lets – York is the UK’s 2nd largest tourist destination and attracts over 7 million visitors a year from the UK and overseas, with the average stay approximately 3 nights there is a continual demand for quality short-term accommodation at all levels. Self catering holiday properties offer visitors a flexible, cost effective and home from home stay in the beautiful city.
5. Students – With the University of York and York St John’s University, there are thousands of students each year looking for suitable shared or single accommodation. Although we do not specialise in large multiple occupancy houses, we look after a large number of overseas students, often with larger budgets and seeking quality central properties for their stay in York.
6. Overseas Language Students – There are two very prominent language schools located in York and these attract a large number of overseas clients looking for quality accommodation in the centre of York.
Steady Rental Returns
Depending on the choice of property and rental income, many landlords inform CityLets York that they are receiving good returns on their property investments and often they add additional properties to their portfolios. We look after single property landlords to landlords who have a large portfolio of properties and corporate landlords who have invested in apartment blocks. How to calculate your return >>
Long Term Plans
Some of our clients have invested for their future, purchasing apartments and housing for their own use later in life and in the meantime entrusted CityLets York to maximise the income stream on the property.
To arrange an appointment to discuss your investment options please contact the office on 01904 652729.
Your business is our business and we work hard to maximise our landlord’s investments – please join our InvestorsForum York here >>