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13 Minutes to City Centre
8%+ Gross Yields
60,000 Students
Invest From Just £92,500
Due to open in a matter of months, this development is Sheffield’s newest high-spec development, and located in the popular Hillsborough district of the city. Benefiting from impressive transport links, including the £240m Supertram, the development is expected to appeal to young professionals looking for high quality accommodation close to the city centre. Using our Group Buying Power we have been able to negotiate a discount for all Aspen Woolf Investors and a rental package with one of the UK’s leading operators.
Sheffield is one of the biggest cities in the UK and the population is growing. The city has a shortage of housing, with a particular def of rental homes for the booming number of graduates and young professionals. Recent reports suggest that the city will need at least 5,395 homes built per annum for the next 10 years to keep up with demand and there’s little sign this target will be met. This extraordinary demand is resulting in Sheffield rapidly becoming one of the most robust BTL city’s in the UK today.
A population of 518,090 places Sheffield 6th in the UK (measured by Primary Urban Area), and an economic output of £31 billion per year makes this Yorkshire city a crucial part of of the Northern Powerhouse.
Regeneration and a buoyant job market combine to make Sheffield a very popular place for people to live, work and study. The corresponding demand for homes, rental property, retail space and commercial units is increasing faster than it can be provided.
Since 2016, house prices in Sheffield have risen 11% according to Zoopla, that’s the 6th highest in the country and 10% more than London.
With branches of some of the world’s most famous organisations located in the city (IBM, Rolls Royce and Boeing etc), Sheffield is well placed to attract international interest due to its accessible location, key industrial sites and large retail outlets including Meadow Hall, the largest shopping centre in the county.
Yorkshire continues to be one of the UK’s top performing regions for capital growth, with experts Savills forecasting 21.6% price increases in just 5 years. Sheffield is extremely well placed to capitalise on this investment potential.
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