Population of over 700,000.
Plans underway to create a £480million retail quarter in the heart of Sheffield.
63,000 student population.
STRONG RENTAL YIELDS
Average rental yield is 5.2% compared to 4% in London.
House prices in Sheffield are rising at a rate of 6.3% versus London at an average of 4.5%.
S1 postcode in Sheffield yields 11.57% gross rental yield.
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.
A GREEN CITY WITH GREAT BENEFITS
70,000 additional jobs to be created in the next decade (* Source: Sheffield People & Skills).
HS2 will reduce journey times to London by 34%.
9.1 million people travel through Sheffield’s train station every year.
The Government has agreed to give £30m per annum for the next 30 years for investment to manufacturing and innovation under the Northern Powerhouse initiative.