Sheffield Property 2023 Guide

Learn More About The Sheffield Property Market Today.

The Sheffield property market is an attractive prospect for both homebuyers and investors. With a mix of affordable housing, strong rental yields, and a growing city, Sheffield has something to offer for everyone.

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View Sheffield Guides (Updated For 2023)

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Our Experience

Sheffield House Prices

Sheffield’s house prices are competitive, with the average around £214,000 in 2023, making it an affordable option.

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Best Areas To Live In Sheffield

The best areas to live in Sheffield include Ecclesall, Fulwood, and Ranmoor, offering a mix of leafy suburbs and proximity to amenities.

sheffield-rental-yields
Our Values

Sheffield Rental Yields

Sheffield rental yields are attractive due to steady demand from students and professionals. Average yields range from 5% to 8% in various areas.

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Best Areas to Live in Sheffield:

  1. Ecclesall: Known for its green spaces and excellent schools, Ecclesall is a sought-after residential area with a mix of family homes and apartments.
  2. Kelham Island: This former industrial area has transformed into a trendy and vibrant neighborhood, offering modern apartments and cultural attractions.
  3. Broomhill: With its Victorian and Edwardian houses, Broomhill appeals to families and professionals seeking a more traditional and established community.

To learn more about the best areas to live you can view our full guide.

House Prices in Sheffield:

As of 2023, the average house price in Sheffield is around £214,000, making it more affordable than many other cities in the UK. However, prices have been steadily rising due to increased demand and limited housing supply.

Rental Yields in Sheffield: Sheffield offers competitive rental yields, especially in popular rental areas like the city center and university districts. Rental yields can range from 5% to 7%, depending on the property type and location.

Reasons to Invest in Sheffield:

  1. Strong Rental Demand: Sheffield’s growing population and thriving student community create a steady demand for rental properties.
  2. Regeneration Projects: The city is undergoing significant regeneration, attracting new businesses and boosting property values.
  3. Excellent Transport Links: Sheffield’s well-connected transport network makes it easy to travel within the city and to nearby cities like Manchester and Leeds.