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York is a great place to invest in short-term rentals. Investors love it because it has a lot of history, beautiful sites like York Minster and the city walls, and lots of tourists.
There is always a high demand for short-term stays, whether it’s for a weekend getaway, a work trip, or a longer city break. Millions of people come every year. Because of what makes it special, York is a great place to start if you want to get into the short-term rental market.
Why York is an Attractive Market for Short-Term Lets
More than 8 million people visit York every year, making it one of the most popular vacation spots in the UK. The city is great for all kinds of tourists because it has a lot of history, culture, and great ways to get around.
For example, the train stop makes it easy to get to London and Edinburgh. Whether it’s tourists exploring the National Railway Museum or professionals attending business events, York’s appeal spans a wide audience.
What’s great about investing in York is how diverse the demand is. There are hotels, but many tourists now choose stylish apartments or self-catering homes because they offer more room and comfort.
Families love the freedom, couples like the privacy, and business visitors like how easy it is to stay in a modern flat close to all the action. This makes short-term rentals a great choice in York’s real estate market.
Key Advantages of Short-Term Let Investments in York
Higher Returns Compared to Traditional Rentals
Rentals for a short time can often make more money in York than rentals for a long time. Like, if you have a one-bedroom apartment in the middle of the city and rent it out on sites like Airbnb for about £120 a night.
During the busy times, you could make over £3,000 a month. A normal long-term rental costs a lot less than that. York’s occupancy rates are also pretty high, at 75% to 80%, so it’s easy to keep your place booked.
Seasonal Flexibility
One of the great things about short-term lets is the flexibility they offer. When the city is buzzing with tourists during summer or the festive season, you can maximise your income.
During the slower months, you can focus on business visitors or families who are only in York for a short time. You’re not limited to a certain type of guest or set rental plan because the property is flexible.
Tax Perks for Furnished Holidays Lets
If your property qualifies as a Furnished Holiday Let (FHL), there are some financial incentives to take advantage of. From tax relief on expenses like maintenance to potential savings on capital gains tax, these benefits can make short-term lets even more appealing compared to traditional buy-to-let properties.
Financial Insights: Revenue, Occupancy Trends, and ROI in York
With years of experience helping investors understand the property market, York is a top short-term let investment destination. Those seeking high returns flock to its rich history, growing tourism, and steady rental demand. Here’s what makes York such a great choice for property investors.
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Estimated Rental Income in Key York Locations
Investing in York’s short-term let market can offer impressive financial rewards. Take a one-bedroom apartment in the city centre, for instance—it can bring in around £120 per night, translating to £3,000+ per month during peak times like summer or Christmas.
In comparison, a long-term rental on the same property typically earns only £1,000 per month.
With occupancy rates often above 85% during the busiest months and holding steady at 75% during quieter periods, York offers year-round potential for consistent bookings.
Whether you’re a seasoned investor or just starting out, this reliability makes York a cost-effective choice with a solid return on investment.
Occupancy Rates Across Popular Areas
Short-term rentals are in high demand in York because it is a popular place for both tourists and businesspeople. Popular places like the city centre, Bootham, and homes near York Minster have rental rates of 80% to 90%.
This is because they are close to important places like the City Walls and the train stop. With its rich history and vibrant culture, visiting York is a must for tourists, making it a prime location for short-term rental investments.
Properties that are a little farther from the city’s action are also great choices, especially for families and business travellers who want to stay in quieter, private areas and cook their own meals. This variety in demand makes sure that all types of properties are consistently booked.
Properties located in York’s quiet area provide a serene retreat for guests while still being close to the city’s main attractions.
Comparing ROI Between Short-Term and Long-Term Lets
In terms of income, short-term lets in York sometimes beat conventional long-term rentals. While a long-term let would only pay £1,200 per month, a short-term let in the city centre could bring in £120 each night, generating £3,600 at busy times.
Short-term rentals also qualify as Furnished Holiday Lets (FHL), thereby allowing you access to tax advantages like possible capital gains savings and relief on maintenance costs. These features make short-term lets not only more profitable but also more affordable than conventional buy-to-let ventures.
If you really want to invest in York’s short-term let market, I’d highly recommend you estimate how much money you could make by renting it out. If you know how much passive income you can expect to make, you can make better choices about investment.
Consider using a Passive Income Calculator. This tool will give you a personalised investment strategy for your goals, showing how much to invest and the timeline to achieve your financial objectives.
A passive income calculator offers a clear way forward, whether you’re looking for a steady monthly income or building long-term financial security.
Strategically Handpicked Properties for Optimal Yield and Capital Appreciation
Prime Property Options for Short-Term Let Investors in York
If you want to invest in York short-term rentals, these developments have been carefully chosen to meet the needs of workers, families, and visitors. They are close to the York Minster, the City Walls, and the train stop, so investors can get good returns without spending a lot of money.
City Gate, York
City Gate is a great investment option because it is right in the middle of York. This new development strikes a good mix between beautiful architecture and useful living spaces, which makes it a good choice for both short-term stays and long-term rent.
The location makes it easy to visit all of York’s charming streets, historic places, and cultural attractions. With thoughtful amenities and high-end touches, it promises a great stay for both work and leisure travellers.
£3,253 pcm
£329,365
£319,475
12.22%
20%
250 years
3%
- 62 apartments with balconies, tall windows, and select terraces.
- 5-star lobby, concierge service, private gardens, secure parking, and a gym.
- Additional services include luggage handling, repairs, and laundry.
- Central location near York Minster, city center, and major attractions.
The One Residences
The One Residences is the best place to live in the city for buyers interested in Leeds. This property was designed to be both stylish and useful. It’s great for professionals who want both comfort and luxury in their lives.
Many people want to live there because it’s close to a lot of businesses, fun things to do at night, and culture centres. The sleek, modern style of the development makes it stand out in Leeds’s crowded rental market.
£1,100 pcm
£196,500
6.7%
20%
Q3 2026
£5,000
- Just 25 miles from York.
- Situated in Leeds’ vibrant city center, the property is surrounded by world-class restaurants.
- 125 apartments (one to three bedrooms) over 12 floors.
- Modern interiors, premium furnishings, and vibrant city surroundings.
- Close to Leeds train station, ensuring easy access to York.
The Merchant
Set in Hull’s bustling city centre, The Merchant offers a prime location and top-tier accommodations that appeal to a growing number of visitors and professionals. Its contemporary design and thoughtful amenities make it a standout investment opportunity.
This property is perfect for those seeking a low-maintenance yet highly appealing rental option in a thriving urban market. The area’s mix of cultural attractions and vibrant social scene ensures steady demand year-round.
£776 pcm
£128,103
£112,730
8.3%
25%
Q3 2024
12%
- The project is just 39 miles from York.
- 29 one- and two-bedroom apartments.
- Close to cultural landmarks and Hull Station.
- Easy access to York and nearby cities.
Suffolk House
This centrally located property is just 38 Miles from York and offers investors the chance to earn immediate returns. Suffolk House features completed, fully furnished apartments designed to meet the needs of a discerning tenant base.
With its limited inventory, this boutique property ensures exclusivity and high desirability in Hull’s rental market. Suffolk House is ideal for professionals and small families seeking premium urban accommodations.
6th Jan 2021
£147,000
7.8%
- Development with 10 fully furnished flats.
- Offers an affordable means to get into Hull’s growing rental market.
- It’s close to Hull’s city centre, shops, and public transportation.
Rawsons Mill
A beautifully restored Grade II-listed building, Rawsons Mill combines historical charm with contemporary comforts. People who want unique, character-filled spaces will love this famous building. This building is just 40 miles from York city centre.
People who live in the area and people who travel to work like it because it is in a revitalised urban area with better public spaces. Heritage buildings and modern conveniences work together to make an investment that will last for a long time.
£1,794 pcm
£117,500
18.32%
5%
Q1 2025
£5,000
- 16 renovated mills with luxury flats, high ceilings, huge windows, and original architecture.
- Featuring manicured open spaces, better pedestrian paths, and lush greenery for peaceful urban living.
- Near Halifax town centre, and near major shopping and cultural attractions.
The Springs
Only 40 miles from York, The Springs is a high-end neighbourhood that fits the needs of changing rental market. It was designed for young workers and people who commute to towns for work.
Due to its prime location near major job and financial hubs, the building will always have a steady flow of tenants. In Halifax, this high-end rental sets a new standard with its modern furniture and style.
£725 pcm
£104,993
8.29%
25%
Q2 2025
£5,000
- 36 premium apartments with modern designs, big layouts, and ergonomic interiors for comfort.
- Based in a strong economic area with high employment and expanding financial and insurance profession prospects.
- Near Halifax’s town centre and main companies, occupancy rates are high.
Partner with Flambard Williams for Stress-Free Investments
We at Flambard Williams know everything there is to know about the York real estate market. Our team of pros knows how to get the most out of short-term lets so you can get high returns with little work.
We’ll help you every step of the way, from finding the best business opportunities to managing your property so that it’s fully rented and making you the most money. Investing in self catering accommodation in York caters to the growing demand from families and travellers. These prioritise privacy and flexibility, ensuring consistent occupancy and strong returns.
With so many short-term rentals in York, it’s a great place to start investing in real estate or add to your portfolio. Flambard Williams can help you find out what it can do. Visit us today to learn more and start your journey toward success in York’s thriving rental market.
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