Table of Contents
Types of Properties Available in Sheffield
- Sheffield
Deposit
.
Yield
Property Price
.
- Sheffield
Deposit
.
Yield
Property Price
.
Best Places to Live in Sheffield
For those seeking the best places to live in Sheffield, nestled in South Yorkshire, you’ll find a variety of neighborhoods each known for their unique appeal—from safest places ideal for Young Professionals, to vibrant towns brimming with lively pubs—making Sheffield not only a perfect place to call home but an ideal choice for anyone looking for a good place to invest in a house with long-term value.
Kelham Island: A Booming Hub for Property Investors
Kelham Island is a name that has been on every investor’s lips recently. The city was once the heart of Sheffield’s industrial revolution. It is now one of the most vibrant areas in the city.
These are perfect for buy-to-let investments. This regeneration hotspot has attracted young professionals and creative types alike. All thanks to its cosmopolitan atmosphere and proximity to Sheffield’s city centre. The city holds an average property price of around £194,690.
It remains relatively affordable. Especially considering the high rental yields often hitting 7.1%. Kelham Island offers a unique mix of industrial heritage and modern living. The area is packed with independent shops craft breweries and an ever-evolving food scene.
And the demand for rentals? It’s strong. This isn’t just about location—though the excellent transport links into the city centre certainly help—it’s about lifestyle.
Tenants are drawn to Kelham’s urban amenities, like the Kelham Island Museum, and its vibrant community events, from food festivals to live music. If you want an area with long-term growth potential then Kelham Island should be a top consideration.
Ecclesall Road: The Perfect Balance of Urban Convenience and Green Spaces
Ecclesall Road offers that rare combination of bustling city life with an escape to nature. This makes it a standout for property investors.
The area is known for its tree-lined streets and proximity to the Peak District. This popular location is a goldmine for investors looking for high rental yields. It sits comfortably around 6.5 – 8%.
Here is a simplified property value of different postcodes as per the UK gov land registry.
| Postcodes | House price (Flats - 2020) |
|---|---|
| S1 (City Centre) | £118,195 (60) |
| S2 (City Centre) | £107,808 (40) |
| S3 (City Centre) | £121,082 (81) |
| S6 (Upperthorpe) | £119,710 (70) |
| S10 (Fulwood) | £222,441 (70) |
| S17 (Dore) | £188,870 (25) |
This graph shows the total Sales is the sum of Detached, Semi-Detached, Terraced, Flat/Maisonette Properties
Source: https://vinsights.co.uk/Ward/E05001050
What sets Ecclesall Road apart is its appeal to tenants. Especially those who want both urban convenience and access to green spaces. Endcliffe Park is just a short stroll away.
Tenants can enjoy scenic walks or outdoor activities here. This makes it a great spot for those who appreciate nature but do not want to give up city life. Then there is the social scene catering to a diverse crowd.
Ecclesall is always buzzing. For long-term capital appreciation and solid rental returns, this is one neighbourhood that’s hard to beat.
Ranmoor: Prestigious Living with Long-Term Investment Potential
Ranmoor is one of Sheffield’s most prestigious and sought-after neighbourhoods, making it a prime location for property investors looking for long-term growth.
This leafy suburb in the southwest of the city is known for its large elegant Victorian and Edwardian houses. This gives it a distinctive charm and appeal. An average property price here is around £409,991. It is on the higher end of the Sheffield market.
Ranmoor consistently attracts professionals who value its quiet and affluent atmosphere.
The rental yields in Ranmoor average around 6.2%. This is solid for an area with such high property values. The strong demand for housing here is driven by its proximity to Sheffield city centre.
But still offering a more tranquil and suburban lifestyle. Ranmoor is also home to several of Sheffield’s best schools and boasts excellent transport links. This makes it an ideal location for tenants looking for both convenience and quality of life.
The area’s green spaces and nearby access to the Peak District National Park further enhance its appeal. These offer the tenants a peaceful retreat with all the amenities of the city just a short drive away.
For investors Ranmoor presents a long-term opportunity. Property values in this part of Sheffield have remained strong and are likely to continue appreciating. Offering both stable rental income and capital growth potential.
Initiate a powerful sequence of your property growth and reinvestment.
Initiate a powerful sequence of your property growth and reinvestment.
Unleash how successful investors build wealth, reduce financial stress, and achieve financial freedom.
Hunters Bar: Vibrant Living in a Prime Location
Hunters Bar is one of Sheffield’s liveliest and most vibrant neighbourhoods. This makes it a highly attractive option for property investors. Located just off Ecclesall Road the Hunters Bar is known for its buzzing social scene. It holds an abundance of independent shops with cafes, bars and restaurants.
These all are within walking distance. It is a popular spot for professionals who enjoy city life but also want easy access to green spaces. These include areas like Endcliffe Park.
With average property prices around £290,000 and rental yields around 6.3%, Hunters Bar is an excellent area for investors looking for a mix of stable rental demand and potential for capital appreciation.
The area’s appeal is boosted by its close proximity to Sheffield’s universities, making it a popular choice for young professionals and students alike. The excellent transport links to the city centre add to the convenience. This ensures high demand for rentals year-round.
What makes Hunters Bar a standout for investors is its perfect blend of city convenience and suburban charm. The mix of Victorian terraces and modern apartments offers a variety of property types. It makes the city easy to find an investment that suits different strategies.
With its vibrant community atmosphere and excellent amenities, Hunters Bar is a prime location for investors looking to tap into Sheffield’s thriving rental market.
St Paul’s: Modern Living in the Heart of Sheffield
For investors interested in the heart of Sheffield’s city life, St Paul’s offers some of the best opportunities. Situated in the city centre, St Paul’s has seen significant redevelopment in recent years, particularly with projects like St Paul’s Place, which transformed the area into a mixed-use development featuring offices, high-end residential apartments, and a hotel.
The average property price in St Paul’s as per Zoopla is around £88,000, making it a relatively affordable option given its central location, with rental yields hovering around 6.5%.
St Paul’s is particularly popular with young professionals who work in Sheffield’s business district and appreciate the convenience of city living. The area offers a range of urban amenities, including high-end restaurants, bars, and shops, all within walking distance.
The proximity to cultural landmarks like Sheffield Cathedral and Peace Gardens adds to the area’s appeal, creating a lively atmosphere that’s always in demand.
Investing in St Paul’s gives you direct access to Sheffield’s thriving city centre, where rental demand remains high throughout the year.
With continued investment and development in the area, it’s a location that’s poised for long-term growth, making it a smart choice for investors looking to build a portfolio in Sheffield.
Crookes: Strong Yields and a Sense of Community
For those looking to invest in Sheffield Crookes should definitely be on the radar. The Victorian terraces here have been drawing attention from investors. This is due to their reasonable prices of around £261,900 and strong rental yields often averaging 6.4%.
Its location makes it a popular choice for students and young professionals alike. This is because the area is having a close proximity to the University of Sheffield and easy access to the city centre.
But what really makes Crookes special is its strong sense of community. It has a village-like feel. Despite being so close to the heart of Sheffield. Independent shops plus cafes and local pubs give the area a real charm.
And it is surrounded by green spaces like Crookes Valley Park and Weston Park. This adds to its appeal. This is one of those places where you can see the blend of affordability plus strong demand and lifestyle. This makes it a solid choice for any property investor.
Angel Gardens is located in an up-and-coming district of Liverpool. It is in close proximity to two major regeneration projects: the £150 million Project Jennifer and the £5.1 billion Liverpool Waters scheme.
Cash Needed
Rent per month
Limited Units
£185k
Walkley: Affordable Living with Growing Potential
Another attractive option for property investors in Sheffield is Walkley. Similar to Crookes in terms of its affordable housing. The area has an average property price around £240,454.
Walkley offers even more potential for growth. With rental yields hovering around 6.4%. It is an area that is starting to gain attention. Particularly from young professionals and students. That too those who are looking for a quieter place to live that is still close to the city centre.
It is also well-connected with frequent bus routes and easy access to Sheffield’s universities. The property market here has been seeing steady growth. This is due to the ongoing developments and regeneration projects.
It is poised to become an even more attractive investment spot. Investors who act now could see some impressive long-term returns.
Sheffield City Centre: The Heart of Investment Opportunities
For those looking to invest in the heart of the action Sheffield City Centre is the place to be. It is no surprise that the city centre offers some of the highest rental demand.
Young professionals and students are drawn to the convenience and lifestyle that living in the city offers. Property prices in the city centre average around £162,107 as per Rightmove. And rental yields are strong, typically around 6.4%.
With its thriving social scene, Sheffield Cathedral, and an array of dining and entertainment options, Sheffield’s city centre is a prime location for property investment. Ongoing development projects have injected new life into the area. One of these is the St Paul’s Place development.
This makes it an even more attractive option for investors. The close proximity to both Sheffield Hallam and the University of Sheffield ensures a steady flow of potential tenants. Whether it is city professionals or students, the demand here is always high. And with the right property investors can expect solid returns.
Fulwood: A Leafy Suburb with Long-Term Growth Potential
If you want to invest in a quiet and upscale area then Fulwood is a better option. It also offers easy access to both the city and the countryside. This leafy suburb in the northwest of Sheffield is one of those areas that consistently attracts interest from property investors.
Average property prices are higher, around £442,130, but you’re investing in a neighbourhood that’s known for its stability and strong sense of community. The rental yield is typically around 6.3%.
Tenants are often drawn to Fulwood because of its proximity to many hotspots. This includes Forge Dam plus Porter Valley and the Peak District National Park. The area’s green spaces and quiet streets make it an ideal spot for those looking for a peaceful lifestyle while still being well-connected to the city via convenient road access and public transport.
Fulwood’s properties, a mix of detached houses and semi-detached homes, often come with larger gardens and a sense of space that’s hard to find closer to the city centre. This makes it an attractive choice for professionals looking for a long-term rental. This means less tenant turnover and more stable rental income.