The East Riding of Yorkshire holiday let market

East Riding of Yorkshire sits within the Yorkshire and the Humber holiday let and serviced accommodation market. The East Riding takes its name from a historic subdivision of Yorkshire, and its largest settlement, Kingston upon Hull, is a major port on the Humber Estuary. We arrange holiday let mortgages, serviced accommodation mortgages, bridging, development finance, remortgages and portfolio facilities on short-let property across the county, covering 5 catchments, led by Kingston upon Hull, Goole, Grimsby and Scunthorpe.

The market figures below are reported nationally or at regional level by the sector's research sources, attributed to each source, and used as context rather than a East Riding of Yorkshire-specific measurement. The sale-price data is genuinely local and sourced from HM Land Registry price paid records.

Holiday let catchments across East Riding of Yorkshire

East Riding of Yorkshire is reached via A1079, A1174, A164, M62 J36 and M18 J5, and good access plus recognisable destinations are what drive the bookings and nightly rates a short let can achieve. Planning and short-term-let licensing questions are determined locally by East Riding of Yorkshire Council, North East Lincolnshire Council, Kingston upon Hull City Council and North Lincolnshire Council, and a lender will want the position confirmed where it applies.

Occupancy, nightly rates and yields

Across the UK there are around ~300,000 listings active short-term-let listings (AirDNA, UK Short-Term Rental Outlook, 2025), with average occupancy of around 60% and indicative average daily rates of ~£170 a night (AirDNA, UK Short-Term Rental Outlook, 2025). For this region, occupancy runs at about 61% (Yorkshire & Humber, AirDNA, UK Short-Term Rental Outlook, 2025) and nightly rates at about 160 £/night (Yorkshire & Humber, AirDNA, UK Short-Term Rental Outlook, 2025).

What a holiday let earns

Sykes reports indicative gross annual earnings of around ~£24,000 a year for a let holiday property (Sykes Holiday Cottages, Staycation Index 2025, 2025 index), though the figure varies widely by region, size and occupancy, and Yorkshire & Humber holiday lets are reported nearer 26000 £/yr (Sykes Holiday Cottages, Staycation Index 2025, 2025). Indicative gross holiday-let yields run around around 6 to 10% (Sykes Holiday Cottages / Savills leisure research, 2025), ahead of typical long-term lettings but against higher management cost and seasonality.

Holiday let demand signals in East Riding of Yorkshire

Buying a holiday let in East Riding of Yorkshire starts with the local property market: the 3 East Riding of Yorkshire areas we track show an average median sale price of around £185,452 on HM Land Registry data, across 3,714 residential transactions in the last twelve months, which sets the entry price a holiday let mortgage is sized against. Around around 80% of UK holiday-let demand is domestic staycation trips (VisitEngland, GB Tourism Survey, 2024), which keeps well-located Yorkshire and the Humber stock letting through the year.

Holiday let finance in East Riding of Yorkshire

We arrange the full range of holiday let and serviced accommodation finance across East Riding of Yorkshire: holiday let mortgages and serviced accommodation mortgages on trading short-lets, bridging for conversions and auctions, development finance for builds and major conversions, and remortgages and portfolio facilities for the long-term hold. Send us the deal and we will come back within one working day.

Holiday let market figures are published nationally or at Yorkshire and the Humber level (Sykes Staycation Index owner earnings; AirDNA short-term-rental analytics; Savills leisure research) and are presented as context for East Riding of Yorkshire rather than a county-specific measurement. Housing-transaction figures are HM Land Registry price paid data for the towns we track.