Property Investment in Sheffield
Property Investment in Sheffield
Sheffield is a city with rich history and this is particularly true when it comes to steel production. Indeed, in the 19th century, the city was one of the best places for the steel industry in the UK, giving it the nickname Steel City. However, the 21st century has transformed the city and fuelled property investment in Sheffield.
The city is growing and there is a lot of progress being made when it comes to education. In particular, the student population is booming thanks to two well-known universities. There is also regeneration happening around the city. This means if you are an investor, Sheffield is somewhere to keep an eye on.
Is property investment in Sheffield worth it?
The simple answer to this question is yes; Sheffield is a vibrant city, which is attracting everyone from students and graduates to professionals. With tremendous transport links, such as the Supertram, people are able to commute with ease across the city. In addition, only a short drive away, you will find four airports. Moreover, the strong job market and good quality of life attract more and more new people and make property investment in Sheffield a great choice.
What Does Sheffield Have to Offer?
Sheffield is an enticing city, which is showing a lot of promise for investors. Here is what it has to offer and why it could be the perfect place to add to your property portfolio.
Sheffield economy just keeps on growing. Now, it is worth £7 billion a year, which grows around five per cent each year. a lot of different sectors are showing growth, such as new media, technology, finance and environmental technology. What’s more, Sheffield, remains one of the thriving areas for engineering, as well as manufacturing.
Great Quality of Life
Those who call Sheffield their home can look forward to having a great quality of life. This includes different facilities that will allow you have to have fun and socialise. For example, Sheffield boasts the largest theatre complex you will find outside of the UK capital. There is also a range of innovative and leading sports and leisure facilities available to residents.
Big On Tourism
Sheffield attracts many tourists every year, and this is something that the local economy benefits from. In particular, tourism contributes around £100 million. Regeneration projects are taking place, which will transform the city’s high street. In addition, areas such as Castlegate, as well as The Moor, have been rejuvenated and upgraded the city centre in Sheffield. Around 200,000 people visit the various museums and galleries Sheffield offers every year.
Rich Football History
It may appear that steel production has dominated Sheffield’s history. But, the city is a lover of football, and this is something that has continued throughout the years. Sheffield is home to the oldest football club in the world, Sheffield FC. Indeed, the second oldest club, Sheffield Hallam FC, was also founded here in 1860. Tourists love to visit Sandygate, the world’s oldest football ground. What’s more, thousands of fans travel to see Sheffield United FC and Sheffield Wednesday play every week.
Sheffield is a Green City
The steel production history of Sheffield might give you the wrong impression when it comes to how clean the city is. It is actually a leading green city in the UK. In fact, it dominates Europe by offering the highest ratio of trees to people. So much progress has been made in Sheffield, and the future looks even brighter.