Welcome to Bamford Point, Sheffield

Bamford Point

Cuthbert Bank Road, Sheffield, S6 2DW

1 & 2 bedroom homes currently available

Prices start at £92,500

  • Located in the popular Hillsborough district of Sheffield
  • Impressive transport links, including £240m Supertram
  • Sustainable & energy efficient building
  • Ideally placed for student accommodation
  • Immediate income generator, opens Q4 2019
  • Gross yields in excess of 8%

Introducing Bamford Point

Sheffield is one of the biggest cities in the UK and the population is growing. The city has a shortage of housing, with a particular deficiency of rental homes for the booming number of graduates and young professionals. Recent reports suggest that the city will need at least 5,395 homes built per annum for the next 10 years to keep up with demand and there’s little sign this target will be met. This extraordinary demand is resulting in Sheffield rapidly becoming one of the most robust BTL city’s in the UK today.

Due to open in a matter of months (Q1 2020), Bamford Point is Sheffield’s exciting new development located in the popular Hillsborough district of the city. Benefiting from impressive transport links, including the £240m Supertram, the development is expected to appeal to young professionals looking for high-quality accommodation close to the city centre. Using our group buyer power, we have been able to negotiate a discount for all Aspen Woolf Investors and a rental package with one of the UK’s leading operators.

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Investment

Sheffield is in desperate need of new homes to meet the demand of the housing market and to help it achieve the goals set out in its Strategic Economic Plan. According to Homes for The North, Sheffield is among the top areas in Northern England requiring an increase in home building. In fact, for Sheffield to reach its full growth potential, 50,000 new homes must be created over the next 10 years. That’s an uplift of around 60% on the previous decade’s worth of house building. The demand for housing is reflected in the 11% increase in house price values since 2016; that makes Sheffield the joint 5th fastest growing housing market in the UK over the last three years.

Apartments

45

Bedrooms

1 & 2

Annual Rental Yields

8%

Completion date

Q4 2019

Why invest in Sheffield?

Sheffield’s mission to initiate a ‘Brain Gain’ is underway with around 2.1 million people living within a 60 minute commute of the city and growing sectors including the creative and digital industries, low-carbon, and healthcare technologies. Major manufacturers from IBM to Rolls Royce and Boeing have set up shop in the city—a clear sign of industry leading expertise in the area.

Growing the economy by £3 billion is the specific goal of the area’s Strategic Economic Plan—a routemap for the entire South Yorkshire economy. The strategy will also form the basis for Government investment over the short, medium, and long term, with plans to create 70,000 more jobs in 6,000 businesses by 2025.

Rising house prices

Since 2016, house prices in Sheffield have risen 11% – that’s the 6th highest in the country and 10% more than London.

Specification

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