Sheffield
Sheffield has become another one of the top property investment hotspots in the UK. With fantastic business opportunities bringing a plethora of professionals to the city, the area has a thriving rental market. Additionally, it’s a green city with the Peak District on its doorstep, which is particularly appealing post-COVID.
Within the Q3 2021 UK Rental Market Report by Zoopla, the average annual percentage change in rent across Sheffield was the fifth highest out of the top UK cities with 6.3%.
On top of that, Sheffield recorded the fourth highest annual house price growth in Zoopla’s UK House Price Index with 8.0%. Savills also forecasts Yorkshire and The Humber, along with the North West, to see the strongest house price growth in the UK this year with a 4.5% increase and across the next five years with 18.8%.