Sheffield is a thriving city with over half a million residents – of which over 60,000 are students. As such, renting to the student population is a profitable business; offering landlords the chance to generate great returns.
If you’re searching for buy-to-let property for sale in Sheffield, and you want to attract student tenants, here is some useful information.
Why Invest in Property in Sheffield?
In addition to a huge student population, Sheffield has plenty on offer for investors. Property prices, whilst still affordable at present, look set to climb steadily in the future, which means excellent returns from capital growth in the future.
Additionally, Sheffield’s tenant market is thriving, and rental yields are among the highest in the country in certain postcodes. This means, if you invest in the right area, you’re likely to enjoy good monthly income too.
Where in Sheffield?
If you want to attract students to your buy-to-let property, here are a few places worth considering.
How to Invest in Property in Sheffield
It’s a good idea, if possible, to visit the city in person, to get a feel for the areas you’re interested in, and to learn more about the local property market.
If you’re new to UK property investment, it’s also worthwhile to seek out professional support; for example, the assistance of a property investment agent, who will be able to guide your search and support your purchase. Attending property seminars can also be useful, as they provide excellent insight into the property investment process.
The Buy2Let Shop
If you’re looking for property investment agents to help you grow your portfolio, talk to The Buy2Let Shop. We’ve got expert knowledge of Sheffield, not to mention all other areas of the UK, and we’ll help you find the right buy-to-let property for sale, at the perfect price for your budget.
To find out more, simply visit The Buy2Let Shop website today.