Sheffield

One of the UK’s strongest investment locations

Known for being one of the UK’s greenest cities, with more trees per person, numerous green spaces and bordering the Peak District National Park, Sheffield is rapidly becoming one of the UK’s top investment locations.

Driven by several major regeneration projects worth more than £1bn, an impressive economy forecast to grow by an additional £7.6bn by 2041, and an increasing demand for modern city centre living, Sheffield’s property market has seen house prices in the past 12 months increase by 6.7%, alongside a 9% rise in private rents.

For investors, Sheffield is a property market that has everything.

28.8%
Sheffield property prices are projected to grow by 28.8 by 2030
£15.5bn
Sheffield's economy is currently worth over £15bn and is projected to grow by a further £7.6bn by 2041
35,000
New homes are needed by 2039 to meet demand
6.7%
House prices have increased by 6.7% in the past 12 months
9%
Private rents have increased by 9% in the past 12 months
£1bn+
Investment into the region is currently worth more than £1bn

Regeneration

The region and Sheffield city centre are currently being transformed with over £1bn worth of regeneration, in schemes such as the £470m Heart of the City redevelopment, £300m West Bar regeneration, £65m New Era Square scheme and £15.8m Fargate redevelopment.

These projects are elevating Sheffield into a modern and highly desirable location, with city centre modern apartments attracting young professionals, with supply unable to keep pace with demand.

£470m
Sheffield Heart of the City redevelopment is currently worth more than £470m

The Sheffield property market

Projected House Price Growth (2024 - 2029)
Projected Rental Growth (2024 - 2029)
*Projections based on Savills property market forecasts (2025)

‘Sheffield is no longer a hidden gem; it’s a rising star in the UK property market. With strong economic fundamentals, major employers, a growing student population and ambitious regeneration plans, the city is well-positioned for long-term growth.”

Sheffield City Council

A connected city

With excellent transport links across the region and to all major UK cities, Sheffield is an attractive location for commuters, young professionals and international businesses. Its thriving culture is balanced with unmatched green space, offering a unique appeal to tenants and demand.

Major employers in the region include Rolls-Royce, Boeing, Sheffield Teaching Hospitals and the city's two major universities - The University of Sheffield & Sheffield Hallam

£1bn+
Investment into the region is currently worth more than £1bn
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