Why Invest in Yorkshire Property?

Yorkshire's Economy

Yorkshire may be known for its idyllic countryside, but it is also a key industrial powerhouse. It is England’s biggest county, home to three of the country’s largest cities.

With an approximate population of 5.4 million, Yorkshire is home to more people than each population of New Zealand, Finland, Norway, Scotland, and Ireland. Yorkshire’s popularity is only growing as the North-South divide continues to widen. The most populous region of Yorkshire is West Yorkshire, home to 2.2 million people. This is unsurprising as Leeds, the third largest city in the UK, sits at its centre.

Yorkshire was also the fastest region to recover its economy after the COVID-19 pandemic. It recovered 98.8% of its size from 2019 by the end of 2021. Now, its economy sees an average of £110 billion a year, with its GVA forecast to grow 8.8% by 2025 to its pre-pandemic size. Thanks to the region’s skilled sectors and fantastic transport links, Yorkshire’s economy remains strong and resilient.

Well-Connected

At the heart of the UK, Yorkshire connects to the rest of the country (and world) by road, rail, air, and sea. Due to the region’s fantastic connectivity, people invest in Yorkshire for links to thriving business sectors across the Northern Powerhouse, like Leeds and York.

Yorkshire is in the centre of the UK, as well as its biggest county. This makes it perfectly and strategically located for all major cities to be within reach. Some of the major road networks in the UK connect Yorkshire to the rest of the country, including the A1, A66, M1, and M62. Yorkshire residents can even reach five international airports and the county’s many ports. With the main East Coast railway, central London and Edinburgh can be reached in less than two hours. Both homeowners and tenants invest in Yorkshire due to the commutable distance.