Sheffield has a higher than average number of International Students and was voted the best City for 'student experience'.
The very strong student market and high rates of student retention following graduation ensure a healthy volume of renters in the City.
Investment in the City and peoples' skills from local business keeps the employment market strong.
2. London Office
The Podium
1 Eversholt Street
London NW1 2DN
Head Office
Hastingwood Park
Business Centre, Wood Lane
Birmingham B24 9QR
Contact us today on
t 0333 222 0859
e hello@epic-investments.co.uk
www.epic-investments.co.uk
Sheffield is a city and metropolitan
borough in South Yorkshire. The ‘Steel
City’ is one of the eight largest regional
cities which make up the ‘Core Cities
Group’ and it is the third largest
English district by population.
Additionally, there are more than 250
parks, woodlands and gardens in the
city, giving Sheffield the highest ratio
of trees to people in Europe. 61% of
the city is green space and a third
of the city lies in the Peak District.
Sheffield sits at the heart of the Sheffield
City Region which covers South Yorkshire.
The City Region takes in Barnsley,
Bassetlaw, Bolsover, Chesterfield,
Derbyshire Dales, Doncaster, North East
Derbyshire, Rotherham and Sheffield itself.
INVEST IN... SHEFFIELD
POPULATION
Sheffield – approximately 560,000
Sheffield City Region – approximately 1.36 million
STUDENT POPULATION - 58,725
University of Sheffield = 27,195;
Sheffield Hallam = 31,530.
• “Made in Sheffield” is a world famous mark of
quality and Sheffield is the only UK city with a
trademarked name.
The trademark covers everything from the
cutlery and advanced metalworking the city
is known for to its most famous food product
– Henderson’s Relish. Americans in particular
value the “Made in Sheffield” tag.
• Sheffield has a GVA (Gross Value Added) of
£15.55bn and the City Region as a whole has a
GVA of £30bn, making South Yorkshire a major
contributor to the UK economy.
• Sheffield has a higher than average number of
international students.
• Sheffield was voted the best city for ‘student
experience’ by students in the latest Times
Higher Education survey.
560,
000
3. London Office
The Podium
1 Eversholt Street
London NW1 2DN
Head Office
Hastingwood Park
Business Centre, Wood Lane
Birmingham B24 9QR
Contact us today on
t 0333 222 0859
e hello@epic-investments.co.uk
www.epic-investments.co.uk
INVEST IN...
HOUSING
The average price of a house in Sheffield is £157,003 and the
average across the city region is £144,820, according to the
Centre for Cities. Various figured can be found from a number
of sources but those values seem to be the best average.
Average rent in the city is £729 PCM, roughly the same as
Manchester, Liverpool and Leeds. The market in Sheffield
is certainly healthy and is projected to keep growing. The
city is becoming more prosperous and the housing market
is following suit. The Sheffield Telegraph reports of a mini
housing boom in the city over 2015, especially in upmarket
areas such as Ecclesall. In many cases people are bidding
against each other like they did before the financial crash and
houses are being sold for above the market rate.
Knight Frank Yorkshire attribute the current strength in the
market to ‘Northern Powerhouse’ excitement. In addition,
the very strong student market and high rates of student
retention following graduation ensure a healthy churn of
renters in the city.
Private student accommodation is a particularly healthy
sector in Sheffield.
EMPLOYMENT
Investment in the city and people’s skills from local business
keeps the employment market strong. The city’s steel industry
has survived in the face of globalisation by specialising rather
than continuing mass production. In addition, focus has been
turned to research and innovation across a variety of fields.
Investment in quality over quantity and a strong attitude
towards helping themselves has kept the employment market
inSheffield as strong as possible.
Foreign investors are keen to get involved with the high quality
Sheffield name, such as the American firm Ajax-Ceco which
recently awarded a Sheffield steel firm a £1m contract over
cheaper Korean opposition.
The employment rate in the city stands at 69.1%, impressive
considering the large student population. The city region has a
slightly higher overall employment rate of 70.3%.
The average wage per week stands at £453.30 in the city and
£450.00 in the wider region.
INFRASTRUCTURE
• National rail – Sheffield is linked to the rest of the country
via train. It takes two hours to get to London, one hour
to reach Manchester, just under two hours to reach
Liverpool, one hour to reach Leeds and two hours to reach
Newcastle.
• Supertram – The Supertram is Sheffield’s local light rail
network which provides transport around the city and also
to local destinations such as Rotherham. The Supertram
also links six Park & Ride sites on the city’s edge with
the centre which reduce inner city traffic considerably.
In addition, the following are also either confirmed or
possible at some point in the future:
HS2 – Faster journey to London, Birmingham and Leeds.
Sheffield will benefit from being a major stop along the
new route when it is finally built. Journeys to London will
be 45 minutes shorter and journeys to Leeds will take 20
minutes.
SHEFFIELD
• Transport for the North – As part of the ‘Northern
Powerhouse’, Sheffield will benefit from improved
transport across the region. The current links between the
core Northern cities are substandard and Sheffield will
benefit from the proposed trans-Pennines links and the
speculative idea to link the North East to the rest of the
country more substantially than it currently is.
• Retail Quarter – Sheffield is the last major city centre in
the country without a significant retail centre (though
the city does have the Meadowhall development on the
outskirts). This is likely to change in the near future as
plans have been submitted for a £480m development to
encompass shopping as well as pedestrianised areas and
office space for a “major blue chip company” (Sheffield
Star). Action is taking longer than might be expected
as the Council work hard to ensure that the open and
well regarded city centre is not just turned into another
identikit city centre “retail box”.