Sheffield is one of our top picks for property investment in 2021
New Sheffield Buy To Let Opportunity
newsletter at powerbibizhelp.org
Thu Sep 30 14:59:21 BST 2021
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Get Our Newest Regional Investment Guide Today
Sheffield is one of our top picks for property investment in 2021. Hundreds
of millions are now being spent on planned developments in and around the
city centre. 25,000 new jobs are likely to be created by 2024 and, by 2040,
local planners expect an extra 33,000 people to be in higher level jobs.
Here’s why we think investors should be excited...
Every town and city has its own particular mix of attractions, but
Sheffield appeals on almost every level. Most notable, perhaps, is the city
region’s exceptionally strong £31 billion economy, which is growing
fast. For investors, this is hugely important because it is creating jobs,
attracting new people to the area, and helping to raise living standards
– all factors that tend to boost demand within the private rental sector.
Why Sheffield?
Sheffield’s statistics read like a property investor’s wish list. By
any measure that matters, the city is clearly taking great strides forward,
and with every step, the prospects for investors are improving. Here are
just some of the highlights:
In 2014, Sheffield set out a highly ambitious ten-year growth plan that
sought to boost the regional economy by £3.1 billion per annum. However,
such has been its success that it achieved its GVA growth target a full 6
years ahead of schedule. Similarly, it is already four years ahead of
schedule on its employment growth target. There are few, if any, regional
economies that can point to similar success and, for investors, this is
making Sheffield an extremely appealing prospect.
More details are contained in our latest regional property investment
guide, which you can download here.
Later this month, we’ll be launching a new BTL investment opportunity
that’s located just 1500 metres from Sheffield city centre. It comes with
a rental assurance option that will pay gross yields starting at 8% for 10
years. Look out for our property investment brochure - coming soon.
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