Sheffield Investment Guide

A Buoyant Private Rental Market

Students and graduates only scratch the surface of investment opportunities in this Yorkshire city. Sheffield features fantastic transport links, with a citywide Supertram system providing regular stops across the city. Transport is vital for an area’s success, with a lack of links deterring young professionals and commuters.

Therefore, the city presents a significant attraction in terms of travel and accessibility. Likewise, four airports are ideally located within half an hour’s drive of the area, helping make the city an easy transport hub for overseas investors.

Regeneration initiatives and a resilient job market have helped ensure Sheffield is a trendy place for people to live, work and invest in property. The demands for homes, buy-to-let property, and commercial units have skyrocketed in recent years and are increasing faster than can be provided.

The thriving private rental market in Sheffield is attributed to the limited number of high-quality housing schemes available in central locations.

A Thriving Economy

Sheffield’s unstoppable economy is now worth £7 billion a year, an improvement on average of 5% every year. These figures have more than doubled since records began for the area back in 1997.

In one of England’s leading areas for manufacturing and engineering, there have also been signs of accelerated growth in the service industry, as well as other top-performing sectors such as finance, digital and new media, environmental technology, and energy.

Consequently, Sheffield’s international reputation is outshining as a beacon for excellence, and ingenious delivery is being heightened all the time.

An Excellent Quality of Life

Sheffield offers an exceptional quality of life through the city’s vibrant assets including being home to the largest theatre complex outside of London, high-quality sports and leisure facilities, museums and galleries which attract over 200,000 visitors annually.

This tourism sector brings in approximately £100 million to the local economy. There is also a new future for Sheffield High Street as more regeneration projects are put in place. Other forgotten areas have also recently seen a restoration of vibrancy, like Castlegate and The Moor.

The city is one steeped in history and is often credited as containing the world’s oldest and second-oldest football clubs. Sheffield FC dates back to 1857, with Sheffield Hallam FC founded a mere three years later.

This history with the beautiful game doesn’t stop just there, though, with Sheffield Hallam FC’s pitch on Sandygate Road named the oldest football ground in the world. Today, Premier League team Sheffield United FC, and their bitter rivals Sheffield Wednesday, attract thousands of fans every week.

Despite the city’s industrial past, Sheffield today is one of the greenest cities in the UK, with the highest ratio of trees to people in the entirety of Europe. With Sheffield City Region’s compelling vision for the future, the coming years look incredibly exciting for residents and tourists alike.

These plans show a promising future for both the Sheffield and UK property market and any investor who chooses an investment in Sheffield. The potential capital growth and returns are enticing to investors as they wish to expand their property portfolio.