Langford Tower is an exciting new buy-to-let development in Sheffield city centre, offering the chance to invest in one of the city’s most sought-after properties.

This decadent 24-storey tower will be comprised of 97 apartments in a range of styles, differing from studio apartments to 1-bed and 2-bed units. Incredible onsite facilities will include common spaces with lounges, games rooms and enclosed workspaces, alongside stunning views of Sheffield’s skyline.

Sheffield is an ideal city for property investors, with high demand for property, substantial economic growth and exciting predictions for the future.

Luxury designs and stylish finishes to every apartment will help to make this development an incredible opportunity for investors and a highly-sought after place to live for young professionals.

1. Sustained Population Growth

Sheffield has seen high levels of population growth for several decades now, with thousands flocking to the city every year to make the most of its exciting opportunities.

By 2035, there is anticipated to be a growth of 20% from 2001. This high level of growth means there is serious demand for housing in Sheffield.

2.  Robust Economic Growth

Sheffield is currently in its third phase of regeneration, with previous phases focusing on industrial enterprise and public reinvestments respectively. Since 2000, the city’s economy has grown by 116%, with it totalling over £16.4bn by 2022.

This rapid economic growth has created new jobs across the city, resulting in a falling unemployment rate and a flurry of young professionals looking for high-quality rental properties in Sheffield.

2.  High Demand For Housing

Since the early 2000’s, there has been a consistent failure in construction activity in Sheffield to meet the high demand for properties that the city has seen. In the last 10 years, only 7,600 units were added to the market, falling far below the estimated 31,542 units needed to meet demand.

By 2032, it’s expected that supply will fall short of the demand by up to 22%, so quality properties like Langford Tower will be sought after by potential tenants.