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Investment data for Sheffield (S2)

Information on local prices, rents, yields, growth & more in Sheffield (S2)

Population: 44,954
Households: 18,104
Density: 12,202/mi²

Home Sales Data:

Current average asking prices (based on 80% of properties)

Studio: Average Not enough market data to generate accurate statistics

1 Bed Homes: Average £82,000

2 bed Homes: Average £111,000

3 Bed homes: Average £152,000

4 Bed homes: Average £182,000

5 Bed homes: Average Not enough market data to generate accurate statistics

Current average sold house prices (based on 80% of properties)

Studio: Not enough market data to generate accurate statistics

1 Bed Homes: Average Not enough market data to generate accurate statistics

2 bed Homes: Average £104,000

3 Bed homes: Average £126,000

4 Bed homes: Average £167,000

5 Bed homes: Average Not enough market data to generate accurate statistics

Rental Market Data:

Residential Homes to let in Sheffield (S2): Average Monthly Rental Prices

Studio: Not enough market data to generate accurate statistics

1 Bed: £427 pm

2 Bed: £637 pm

3 Bed: £411 pm

4 Bed: £583 pm

5 Bed: £1,519 pm

HMO Rooms to let in Sheffield (S2)

Double en suite £449 pm

Double £373 pm

Single en suite – Not enough market data to generate accurate statistics

Single: Not enough market data to generate accurate statistics

Supplementary Rental Property Market Data for Sheffield (S2)

92% Are furnished

78% Have parking

70% Have outside space

10% Have disabled access

80% Have living room

88% Include internet

27% Accept couples

54% Accept smokers

8% Accept pets

0% Housing allowance

Average yields for Residential PRS Properties to let in Sheffield (S2)

Studio – Insufficient data to accurately calculate yield

1 Bed –  5.9% typical yield

2 bed –  6.5% typical yield

3 Bed – 3.1% typical yield

4 Bed – 3.7% typical yield

5 Bed – Insufficient data to accurately calculate yield

Average yields for HMOs to let in Sheffield (S2)

Studio: This property size is not applicable for HMO room-let

1 bed: This property size is not applicable for HMO room-let

2 Bed –  8.1% typical yield

3 Bed –  8.8% typical yield

4 Bed –  9.9% typical yield

5 Bed –  Insufficient data to accurately calculate yield

Investing in Sheffield (S2) Property Data

Average Growth in House Prices

Dec 2016    £114,838    3.3%

Dec 2017    £118,034    2.8%

Dec 2018    £124,260    5.3%

Dec 2019    £123,317   -0.8%

Dec 2020    £130,737    6.0%

1 year: 6%

3 years: 11%

5 years: 18%

Property investing activity in Sheffield (S2):

423 properties for sale

12+ months of inventory

365+ average days to sell

Currently it’s a Buyer’s market: Low demand, prices may fall

Rental market data for Sheffield (S2)

Average 149 rentals per month

292 properties for rent

2.0 months of inventory

59.39 average days to rent

Currently it’s a Landlord’s market: High demand, rents may rise

Current Housing Stock for Sheffield (S2) investment area

Number of bedrooms:

Studio – 3%

1 bed – 16%

2 Bed – 22%

3 Bed – 29%

4 Bed – 23%

5 Bed – 7%

Property type:

Detached 3.9%

Semi Detached – 33.8%

Terraced 36.3 %

Purpose Built Flat – 23.1%

Converted Flat 1.8%

Commercial Flat 1.0%

Demographics:

Average household income: £33,500

Crime rate 151 crimes per 1,000 residents in the last year

Considered an average crime rate.

Planning data:

Planning activity level: Very High

Number of applications: 49

Total est. construction cost: £93.5m

Application success rate: 95%

Source: https://propertydata.co.uk/ Data as of 7 December 2020