Sheffield, United Kingdom
Langford Tower is a landmark development in a sought-after postcodes in Sheffield.
Investment Type
Availability
Rental Yield
Towering 24 stories, Langford Tower offers incredible views across Sheffield. All apartments present a fresh industrial-style decor with plenty of light from the floor-to-ceiling windows and open-plan kitchens to maximise living space.
This landmark development is situated in one of the most sought-after postcodes in Sheffield. With its premium location next to the Inner Ring Road in the city centre, it has undergone extensive refurbishment and is now offering 169 newly renovated apartments. Langford Tower provides modern living with easy access to the city’s amenities, including shopping centres, dining venues, transportation, universities and city parks.
Access Full DetailsStarting From:
£142,500
Rental Yield:
6%
169 newly renovated apartments
Completing by January 2024
High local rental demand
Ideal lifestyle offerings for residents
Studio Apartments
Towering 24 stories, Langford Tower offers incredible views across Sheffield. All apartments present a fresh industrial-style decor with plenty of light from the floor-to-ceiling windows and open-plan kitchens to maximise living space.
1 Bed Apartments
Towering 24 stories, Langford Tower offers incredible views across Sheffield. All apartments present a fresh industrial-style decor with plenty of light from the floor-to-ceiling windows and open-plan kitchens to maximise living space.
2 Bed Apartments
Towering 24 stories, Langford Tower offers incredible views across Sheffield. All apartments present a fresh industrial-style decor with plenty of light from the floor-to-ceiling windows and open-plan kitchens to maximise living space.
Sheffield's central position in the UK's transit network has accelerated the connectivity to the city. Individuals and freight can easily travel from Sheffield to other UK cities and beyond thanks to various connections via rail and road networks.
Sheffield’s population began expanding at a rapid rate in 2001, from 513,390 residents to 595,280 as of 2022. The population is expected to continue this growth trend, totalling 617,650 by 2035, a 20% increase since 2001. Construction activity in Sheffield has been unsuccessful in meeting the demand of this high population growth. Between 2011 and 2020 alone, a mere 7,600 units were added to the housing stock, totalling 38,877 units as of 2021. With an average of 760 dwellings added per annum over the last ten years, the council’s current Supply & Demand of 2,222 units per annum up to 2039 seems highly ambitious. Realistically, an undersupply of at least 14,114 housing units is expected by 2032, meaning a 22% shortage of the housing requirement.
Sustained population growth combined with the economic revival since the early 2000s has led to house prices in Sheffield increasing by an average of 13.7% per annum. With these underlying factors expected to remain in place in the years to come, house prices in the region are forecast to rise by a further 11.7% up to 2027. Sheffield offers excellent value for investors, with prices on average 9.4% below that in cities such as Leeds, Birmingham and Manchester as of September 2022.
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Sheffield’s industrious past is rich in history and its present is rich in culture. Commonly referred to as the ‘steel city’, Sheffield gained an international reputation in the 19th century for steel production and as a result, its population boomed during the Industrial Revolution, with the city boasting an impressive current estimated population of over 720,000.
Sheffield is well known not just locally to the UK, but globally too, for a number of reasons. The city boasts a green living approach and has four trees for every person, which is the highest ratio of trees to people for any city in Europe. Of course, in addition to one third of the city being the Peak District National Park, which was the first area in the UK to gain National Park status in 1951. In addition to this, Sheffield is proud to home the largest theatre complex outside of London, and the world’s oldest football ground and club that plays association football.
Want to know more? Read More about Sheffield
11.57% | Rental Market
The S1 postcode in Sheffield yields 11.57% gross rental yield
63,000 | Student Population
Sheffield is a popular choice for students with 63,000 students studying here
£480m | Commercial Investment
Plans are underway to create a £480million retail quarter
700,000 | Population Growth
Over 700,000 people currently live in Sheffield