An Overview of Letting and Property Management in Beverley
Beverley, a historic market town in the East Riding of Yorkshire, offers property investors a compelling blend of charm, stability, and strong returns.
As letting agents with many properties in Beverley, we've seen first hand how this town continues to attract both residents and investors alike.
Nestled just 8 miles north of Hull, Beverley combines historic architecture with modern amenities. The town is renowned for its stunning 13th-century Minster, cobbled streets, and vibrant market squares.
Beyond its aesthetic appeal, Beverley has consistently ranked among the best places to live in the UK, featuring in numerous "top towns" lists over the years.
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Property Investment Returns in Beverley
The rental market in Beverley offers very attractive yields for investors:
Average rental yields: Properties in Beverley typically deliver yields between 4.5% and 6%, outperforming many other areas in Yorkshire
Property types:
Terraced properties near the town center can achieve yields of 5-5.5%
Family homes in suburban areas like Molescroft typically yield 4.5-5%
Modern apartments near the train station command premium rents with yields around 5.5-6%
The average property price in Beverley (approximately £280,000-£300,000) remains lower than many southern locations while delivering comparable or better returns, making it an excellent value proposition for investors.
Tenant Demand
The town enjoys consistent rental demand from diverse tenant groups:
Young professionals working in Hull but preferring Beverley's lifestyle
Academics and staff from the University of Hull
Medical professionals from Hull Royal Infirmary and Castle Hill Hospital
Families attracted by Beverley's excellent schools
Downsizers looking for high-quality town center living
This diverse tenant base contributes to low vacancy rates and stable rental income.
Need advice?
If you're thinking of investing, or already have a property or portfolio in Beverley that you would like to have managed by a letting agent, then get in touch.
We can do free rental valuations and advise you on finding property in Beverley. We can also help you switch from another letting agent for free too.
Demographics and Population
Understanding Beverley's demographics reveals why it's such a strong rental market:
Population: Approximately 30,000 residents
Age distribution: A balanced demographic with 22% under 20, 54% working age (20-64), and 24% over 65
Employment: Higher than national average employment rates (78%)
Education: Over 35% of residents hold degree-level qualifications
Income levels: Median household income approximately 15% above the Yorkshire average
The town attracts a high proportion of professionals and families seeking quality of life without sacrificing accessibility to larger employment centers.
Growth and Development
Recent and planned developments continue to enhance Beverley's prospects:
Ongoing regeneration projects in the town center
Improved transport links including the completed Beverley Southern Relief Road
Expansion of the Flemingate Shopping Centre
New housing developments carefully balanced with preservation efforts
Interesting Facts About Beverley
Beverley's rich history and culture add to its enduring appeal:
Home to one of the oldest horse racing venues in England, Beverley Racecourse, dating back to 1690
Hosts the annual Beverley Folk Festival, attracting visitors from across the UK
Features one of England's finest Gothic churches, Beverley Minster
The historic St. Mary's Church houses the famous "Pilgrim Rabbit," believed to have inspired Lewis Carroll's White Rabbit in Alice in Wonderland
Beverley was once a major wool trading center and was among the ten largest towns in England during medieval times
Future Outlook
Looking ahead, Beverley's rental market shows strong signs of continued growth:
Planned infrastructure improvements will enhance connectivity
Limited new development opportunities help maintain property values
Growing interest from professionals seeking lifestyle improvements post-pandemic
Continued investment in the town's cultural and recreational amenities
As a landlord I can only thank Rent East Yorkshire for providing an excellent service. They have always given brilliant advice, arranged any repairs to the properties quickly and to a high standard and answered any queries i have had rapidly. I can thoroughly recommend them.
A Smith
Letting Out Your Property in Beverley
For property investors seeking a balance of immediate returns and long-term appreciation potential, Beverley offers a compelling proposition. Its combination of historic charm, modern amenities, strong schools, and excellent transport links creates sustained demand from quality tenants.
Whether you're looking to expand an existing portfolio or make your first investment in the rental market, Beverley deserves some serious consideration.
We've seen consistent success for landlords who recognize and capitalize on Beverley's unique advantages. The town's stability, combined with its growth potential, makes it one of Yorkshire's most attractive investment locations.
If you would like to find out more about how we can help you with your property letting needs in Beverley and the surrounding area then please get in touch.