S2Sheffield

City Centre & Sharrow Vale

City Centre & Sharrow Vale investment guide. Average gross yield 5.5%, tenant's market rental demand.

5.5%avg gross yield

£173kavg sold price (407 sales, 12mo)

Tenant's marketrental demand

Article 4: No· Permitted development applies

Last updated April 2026

Average Gross Yield

5.5%

-1.8% vs Sheffield avg (7.3%)

Average Asking Price

£173,000

high confidence (407 sales)

Est. Monthly Rent

£884

2-bed · 3-bed £774 · 7.1% yield

Price Per Sq Ft

£193

City avg £195/sqft · 2 below average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in S2

1-bed

£633

per month

6.0% yield

2-bed

£884

per month

7.1% yield

3-bed

£774

per month

4.9% yield

4-bed

£1,377

per month

8.1% yield

Ownership mix

S2 vs UK average · 25,323 dwellings · Source: ONS Census 2021

High social-rent share: 40% socially rented (23pp higher than the UK average of 17%).

Owned outrightNo mortgage on the property

17.1%(UK 32.9%)

-15.8pp vs UK

Owned with mortgageIncluding shared ownership

19.3%(UK 29.7%)

-10.4pp vs UK

Privately rented (BTL)Private landlord or letting agent

23.5%(UK 20.3%)

+3.2pp vs UK

Socially rentedCouncil or housing association

40.1%(UK 17.1%)

+23.0pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in S2

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	6.4%	£172,766	£917
Semi-detached →	5.9%	£194,857	£953
Detached →	4.5%	£250,256	£948
Flat →	8.8%	£119,250	£874

Explore by strategy

Live data for each property type across Sheffield.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About City Centre & Sharrow Vale (S2, Sheffield)

S2 attracts property investors due to its 5.5% gross yield and proximity to Sheffield city centre amenities. The area benefits from strong rental demand fundamentals, with good access to employment hubs, universities, and public transport links that support consistent occupancy.

The tenant mix is diverse, ranging from young professionals and students to established families seeking affordable city-centre living. Three and four-bedroom properties command premium rents (£774-£1,377 monthly), suggesting demand for family homes, whilst one and two-bedroom units cater to single occupants and couples at £633-£884 monthly.

Investors should note this is a tenant's market, indicating competitive rental conditions and potential pressure on rental growth. Property valuations and market dynamics in S2 require careful assessment, as the area's character and investment performance can vary significantly between postcodes.

Sold Price Trend - S2

Average sold price, last 8 quarters

-31.3% over 2 years

Flip Activity - S2

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+0.0%

after HPI adjust

Median hold

0 mo

Flip rate

0.0%

of all sales

Recent case studies

midhill road

Terraced

Bought Nov 24

£130k

Sold Oct 25

£215k

12 mo+64.2%*

Leasehold - extension not verified

Gross 65.4%

parkfield place

Terraced

Bought Jul 24

£95k

Sold Apr 25

£190k

10 mo+94.7%*

Gross 100.0%

bassett place

Terraced

Bought May 23

£103k

Sold Nov 24

£130k

18 mo+18.3%*

Gross 26.8%

st marys road

Flat

Bought May 23

£55k

Sold Jun 24

£71k

13 mo+23.7%*

Gross 29.1%

castle croft drive

Detached

Bought Mar 23

£200k

Sold May 24

£285k

15 mo+40.2%*

Gross 42.5%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - S2

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Planning restriction data not yet verified for this area.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes