Sheffield

Sheffield Property Market Overview

Sheffield has recently become one of the UK’s most treasured property investment hotspots. Whether you’re looking to invest in commercial, residential or student property, Sheffield should certainly be a location that you consider.

In recent years, Sheffield has been home to regeneration projects that have transformed the city and made it a much better place to live and work. With improvements to various aspects of the city, including its transport links, there has never been a better time to be in and around Sheffield. As part of the Northern Powerhouse Initiative, there are plans for more investment and more redevelopment, continuing to grow the city into something special.

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Why Sheffield?

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People live within a 60-minute commute of the region making it England’s third largest metropolitan region.
Expected population increase in the next 25 years - an increase of almost 15%.
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Student population per year making it Britain’s most concentrated and popular higher education destination outside of London

As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, including both residential and commercial property. This means that there are fantastic opportunities for investment, presenting investors with a range of developments to benefit from.

The Sheffield economy

The economy within Sheffield is booming, and continues to develop at a rate of 5% each year. Industries within Sheffield such as manufacturing, engineering, finance, digital media, energy and technology are continuing to grow, and this is something that has helped the city to develop a strong business reputation. The city is also home to the well known Meadowhall, of which is one of Europe’s biggest leisure and retail complexes, attracting more than 400,000 visitors per week. People travel from various parts of the UK to visit Meadowhall, bringing more people into the city and helping to boost the economy even further.

As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, including both residential and commercial property. This means that there are fantastic opportunities for investment, presenting investors with a range of developments to benefit from.

A Bustling Young Population

There are two high quality universities situated in Sheffield, bringing in a new wave of young individuals each and every year. Both universities are ranked very highly within the UK and within Europe, developing each year to attract more and more students to the area.

With thousands of students coming to live and study in the area, there is a constant demand for student accommodation, and whilst you may not be looking to invest into student accommodation directly, it does support the idea that growing young professionals may be interested in staying in the area once they finish university, as well as demand for rental property during their years of study.