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