York is a historic walled city and the traditional county town of the historic county of Yorkshire. It has a rich heritage and has frequently provided the backdrop to major English political events in the last 2,000 years. Founded by the Romans in 71 AD, York grew as a major wool trading centre and became the capital of the northern ecclesiastical province of the Church of England. In the 19th century, York became a hub of the railway network and a confectionery manufacturing centre, and in recent decades, the economy of York has reduced its reliance on confectionery and railway-related industries and broadened into a wide variety of provides services.
The University of York ensures a strong market for student let investment property, and attractive long-let investment property is likely to have to problem attracting good tenants. Tourism has become an important element of the local economy, and holiday lets should be a serious consideration for property investors.
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