26th August 2016

The demand for student accommodation - Sheffield

A well known university city, Sheffield is home to two universities: Sheffield Hallam University, and the University of Sheffield. This is another city that we believe has a strong market for student accommodation.

This research has been taken from a report conducted by CBRE in 2015 which can be downloaded at the bottom of the page.

 

Overview

There are a number of factors that contribute towards the growing demand of student accommodation in Sheffield, some of which include:

  • Sheffield is home to 2 universities and has 48,818 full-time students.
  • 39% of students studying in Sheffield live in ‘other’ rented accommodation in contrast to the national average of 31%.
  • There are a total of 13,525 private bedspaces and 6,433 provider maintained bedspaces in Sheffield.
  • We estimate that there is a headroom of 16,744 students in the target market unable to access purpose built student accommodation.

 

Where are students living in Sheffield?

The research indicates that there is almost a 9% increase on the average number of students who are living in ‘Other rented accommodation’ within Sheffield compared to other cities throughout the UK. This is demonstrated below in a table from the CBRE report.

Table: Where Students Live in Preston and the UK

 

Screen Shot 2024-08-24 at 12.38.58

Source: CBRE/HESA

Summary

  • Sheffield has a lower proportion of students living in provider maintained property and private sector halls.
  • Estimated that there are almost 17,000 students who potentially require but are unable to access purpose built student accommodation in Sheffield.

 

Take a look at the student accommodation opportunity currently available: PM SPV 56!

 

Source

1 - CBRE - Sheffield Student Supply and Demand Report

 

Disclaimer and Legals

Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. This post has been approved as a financial promotion by Resolution Compliance Limited.

Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).

 

This article was written by
Property Moose

Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. Property Moose is a trading name of DFI Financial Services Ltd which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).