Prices, Rents, Yields, Growth
Sheffield is a city in South Yorkshire and is the third-largest English district by population. Over one and a half million people live in the wider metropolitan area. Sheffield has seen extensive redevelopment in Sheffield in the last twenty years – the city’s gross value added (GVA) has increased by 60% since 1997, and the economy has grown steadily at around 5% annually.
Sheffield has two universities with around 54,000 students in total, so student let investment property has been a consistent earner for many property investors. Sheffield is the home of several hi-tech companies and has consistent demand from tenants for a high-quality long-let investment property, while its position as the gateway to the Peak District ensures a solid market for holiday let investment property in the local area.
There are 38 postcode districts with significant property markets in and around Sheffield, and here we break down key property data for each.
Information Source: https://propertydata.co.uk/cities/sheffield
