Sheffield is a Key City In the Northern Powerhouse, and Ready to Make Investors Strong Returns
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.