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Yields up to 12.88%
Residential Property

New Spring House

Prime City-Centre Location
Set in a prime city-centre position in the heart of Sheffield's university quarter, New Spring House is a new off-plan development offering entry into one of the UK's strongest regional rental markets from just £171,000.

A full conversion of former University of Sheffield offices, the building delivers 38 contemporary one and two bedroom apartments. It is an established, high-demand address with a built-in tenant base of professionals, academics and students, positioning investors for reliable, year-round rental demand.
Prices from £171,000
One & Two Bedroom Apartments
On Track for Completion Q4 2027

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The Demand Came First. New Spring House Answers It.

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Sheffield's city centre draws a large, steady population of professionals, medical staff, academics and students, and the streets around Glossop Road have long been one of the most sought-after places for them to live. That established demand is what makes New Spring House compelling: the tenant base is already here, not something the development needs to create.

Residents are within walking distance of the University of Sheffield, the city's teaching hospitals and the centre of town, with the Supertram network two minutes from the door. Sheffield Station is around ten minutes away by tram, the M1 is a short drive via Junction 33, and direct rail links reach Manchester in roughly fifty minutes and London St Pancras in a little over two hours. For a tenant, it is a genuinely connected place to live. For an investor, that connectivity underpins consistent, year-round rental demand.

Investment Highlights

Projected rental
yields of 12.88%
Short term let approved
enhanced flexibility and return potential for investors.
Projected capital growth
of 45% over the next decade
38 contemporary
one and two bedroom apartments
On track for completion
Q4 2027
Secure your apartment
with just £5k, then 12.5% on exchange and 12.5% 12 weeks later
999 year lease
converting to a share of freehold
Prime city-centre location
moments from the University of Sheffield and the city's teaching hospitals
High-specification interiors
with integrated Bosch appliances, handleless kitchens
Positioned for Sheffield's long-term
professional and student rental market

Apartment Types

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One Bedroom Apartments
From £171,000
398 - 517 sq ft
Low entry point, efficient layout, strong yield potential
Positioned for professional and student rental demand
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Two Bedroom Apartments
From £237,000
764 sq ft
High-quality contemporary finishes
Suited to professionals, couples and sharers
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Why Sheffield?

Sheffield has grown into one of the UK's most resilient regional economies, spanning advanced manufacturing, healthcare, higher education, digital and professional services. Its two universities produce a large graduate population, with a graduate retention of 68.1%, feeding a rental market that has remained consistently strong.

Sheffield's pull reaches well beyond its residents. The city welcomed a record 18.7 million visitors in 2025, with its visitor economy passing £2 billion for the first time. With short lets approved at New Spring House, that demand is an opportunity investors can tap directly.

The investment case follows the fundamentals. Prices have climbed steadily over the past decade and show no sign of slowing, while rents grow year on year, giving investors real potential for both capital growth and rental income. New Spring House is a straightforward way into a city on the rise.

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