SHEFFIELD | UK

Kelham Ridge
INVESTMENT CASE

2
 Contents
02 ABOUT US
03 TRACK RECORD
07 UK MACRO OVERVIEW
08 UK ECONOMY
09 UK ECONOMIC STRUCTURES
10 UK INCOME GROWTH
11 UK HOUSING MARKET
12 SHEFFIELD HISTORY | SPORT
13 ART AND CULTURE | DEMOGRAPHICS
14 SHEFFIELD'S ECONOMY
15 EMPLOYMENT AND INCOMES
16 PRODUCTIVITY
18 SHEFFIELD CITY REGION (SCR) INVESTMENTS
20 SHEFFIELD CITY REGION'S REGENERATION
22 EDUCATION
23 SUSTAINABILITY
24 TRANSPORTATION INFRASTRUCTURE
29 THE DEVELOPMENT
31 AREA MAP
32 COMPARABLE MAP
39 SPECIFICATIONS
40 DEVELOPER
41 CONTACTS

2 3
 Track Record

LEEDS MANCHESTER

About Us 12 CROSSBANK

8 THE CARTWRIGHT

14 THE PRESTON 10 THE LOOM AT VULCAN MILL

11 CENTENARY HOUSE, LEEDS WILBURN WHARF 3 1 HARTER STREET
15 LUCENT SQUARE 2 THE ASSEMBLY

17 NO 1 TRAFFORD WHARF

CREATING WEALTH THROUGH INTELLIGENT PROPERTY 5 PARK RISE

INVESTMENT.

We provide our clients with access to the best

property investment opportunities across the globe LIVERPOOL LEEDS

MANCHESTER
BIRMINGHAM

and deliver an end-to-end service that guides them

LIVERPOOL

through every step of their international real estate

9 QUAY CENTRAL
BIRMINGHAM
13 BISHTON FLETCHER BUILDING

4 THE LEVELS, TOWER BUILDING

investment journey. 6
16 KENT STREET RESIDENCE

7 THE CURVE & THE CURVE II AT PARK CENTRAL

TRACK RECORD
UK TRACK RECORD
ABOUT US

“ We handpick the best investment opportunities

to present to our clients. Our status as the UK's
leading independent investment agency is a product
#

17
Project Name

NO 1 TRAFFORD WHARF
Project
Completion
Date

Q2 2021
# of
IPG Units

173
Avg. Selling

at point of sale

£338
Units under
Price per sqft Management
Achieved
Rental v.
Projected Rents

- -
Average Gross
Yield

-
Location

MANCHESTER

of the extensive market research we perform 16

15
KENT STREET RESIDENCE

LUCENT SQUARE
MAY/JUNE-21

Q1 2021
98

52
£406

£232
-

-
-

-
-

-
BIRMINGHAM

LEEDS

before bringing any opportunities to market. 14 THE PRESTON Q1 2021 57 £252 - - - LEEDS

13 BISHTON FLETCHER BUILDING JUL-20 12 £398 - - - BIRMINGHAM

This consistently eliminates risk and

”
12 CROSSBANK JUL-20 40 £259 - - - MANCHESTER

maximises returns for our clients. 11 CENTENARY HOUSE, LEEDS

BLOCK A: APR-20
BLOCK B: MAY-20 80 £302 - - - LEEDS
BLOCK C: TBC

10 THE LOOM AT VULCAN MILL MAR-20 89 £355 58 96% 5.04% MANCHESTER

9 QUAY CENTRAL AUG-19 108 £304 51 90% 5.15% LIVERPOOL

8 THE CARTWRIGHT JUL-19 14 £338 9 82% 4.60% MANCHESTER

7 THE CURVE II AT PARK CENTRAL NOV-18 46 £339 22 109% 4.72% BIRMINGHAM

6 THE CURVE AT PARK CENTRAL JUN-18 99 £329 77 101% 4.79% BIRMINGHAM

5 PARK RISE FEB-18 87 £277 64 93% 5.48% MANCHESTER

4 THE LEVELS, TOWER BUILDING NOV-17 33 £266 27 101% 5.20% LIVERPOOL

3 WILBURN WHARF NOV-16 163 £330 120 99% 4.90% MANCHESTER

2 THE ASSEMBLY NOV-16 157 £337 112 112% 5.59% MANCHESTER

1 HARTER STREET OCT-15 22 £338 - - - MANCHESTER

*12 month uplift data available at zoopla.co.uk

02 03
 Track Record Track Record

1 THE LEVELS, TOWER BUILDING

2 THE ASSEMBLY
LIVERPOOL MANCHESTER
- -
Occupying a prime city centre location just minutes from the Oxford Road transport hub, The Assembly is a
stunning new landmark for Manchester that will deliver much-needed new residential capacity to the heart
architectural treasures such as the Royal Liver Building and Port of Liverpool. of this rapidly growing city.

ESTIMATED PRICE INCREASE: 19.22% ESTIMATED PRICE INCREASE: 38.74%

Project Launch: Jan 2017 Project Launch: June 2015

No. of Units Launched: 32 No. of Units Launched: 157

Unit Type: 1-2 bedroom Unit Type: 1-3 bedroom

Average Price at sale: GBP242,160 Average Price at sale: GBP263,266

Average Price psf at sale: GBP266 Average Price psf at sale: GBP341

Estimated Current psf: GBP317 Estimated Current psf: GBP473

Lettings and Management Lettings and Management

Comments: Comments:
Set within the upper floors of an Italian style Manchester has an extremely high demand for
building designed in 1908, the boutique residence furnished properties, this development in particular
is very popular with overseas students due to the
high ceilings. The Levels are situated in the heart of university proximity and the 24 hour concierge. This
the UNESCO world heritage Liverpool city centre. A has resulted in 97% of the development being let on
stone's throw from the building you'll find the city's a furnished basis.
financial hub, prime shopping district, train stations,
museums and universities.
Average Current Yield: 5.59%

Achieved Rent vs. Projected Rent: 112%

Average Current Yield: 4.77%

Achieved Rent vs. Projected Rent: 100%

Rental data provided by our Lettings & Management partners. Rental data provided by our Lettings & Management partners.
Disclaimer: Whilst every care is taken to provide the most accurate appraisal, our appraisal is for guidance purposes only based on current market conditions Disclaimer: Whilst every care is taken to provide the most accurate appraisal, our appraisal is for guidance purposes only based on current market conditions
and visual inspection. No warranties are formed as to the structural condition of the property. For rebuild costs and property structural reports, you are and visual inspection. No warranties are formed as to the structural condition of the property. For rebuild costs and property structural reports, you are
advised to consult a chartered surveyor. advised to consult a chartered surveyor.

PARKWOOD
SPRINGS

Computer generated images are intended for illustrative purposes only Computer generated images are intended for illustrative purposes only
04 05
 UK Macro Overview
The United Kingdom is one of the world's
major economic powers with the sixth-largest
global economy. It remains a great political

London, operating as one of the world’s most

UK MACRO OVERVIEW
United Kingdom

Area: 242,900 km2

GLASGOW
Population: apx. 66.8 million
Language: English EDINBURGH

Currency: Pound Sterling

Capital: London MANCHESTER

LEEDS

SHEFFIELD
LIVERPOOL

BIRMINGHAM

LONDON

06 07
 UK Economy UK Economic Structures
Now experiencing a strong rebound back to pre- The UK’s largest economic sector in terms of numbers employed is Wholesale & Retail Trade,
totalling 4.9 million jobs as of 2020. While this sector will remain a top employer in the future,
pandemic levels, the UK's economy is predicted the Human Health sector is expected to grow by 17.4% and become the largest employment
sector in the country with 5.1 million jobs as of 2035.
to expand by a rate of 84% up to 2035. This is the
fastest growth rate expected for any major European
economy. was GBP140.3 billion, with 3.1 million employees. By 2035, this industry is estimated to have
grown by 225.7% since 2000, to a GVA of GBP217.3 billion.
As a result, the UK will remain the second-largest economy in Europe, totalling EUR4.36
trillion as of 2035. This is primarily due to favourable demographics, as the UK’s strong UK Economic Sectors by % of Workforce Employed (2020)
-
population growth is expected to include a working age population of just under 43 million
people over the next 15 years and beyond. Wholesale & Retail Trade
1% Human Health & Social Work
GDP Growth 2000-2035 3% 2% 14%
- 4% 3% Education
6
4% Administrative & Support Activities
59%
Manufacturing
5
4%
13% Accommodation & Food Services

UK ECONOMIC STRUCTURES
84%
6% Construction
GDP (EUR Trillions)

4 67%
Transportation & Storage
58%
Public Administration & Defence
7%
UK ECONOMY

3
48%
9% Information & Communication
32%
54% Other Services
2
33%
66% 7%
63% 8% Financial & Insurance Activities
73%
7%
1 76% 85% 8% Arts, Entertainment & Recreation
239%
58%
54% Real Estate Activities
0
Germany United Kingdom France Italy Spain Netherlands Ireland Portugal
The UK has maintained one of the lowest and most consistent unemployment rates of all
2000 2020 2035
major European economies over the last decade. While unemployment is forecast to rise to a
peak of 5.85% in 2021 as a result of the pandemic, the UK’s newly adopted furlough scheme
The 20 largest cities in the UK after London have experienced transformative levels of (Coronavirus Job Retention Scheme) is proving a highly effective government tool. The plan
economic growth with average GDP growth of 102% between 2000 and 2020. Over the which aims to protect the relationship between employers and employees, is successfully laying
next 15 years the 20 largest UK economies (excluding London) are expected to expand the foundations for a swift and robust economic recovery.
by an average of 80%.
European Unemployment Rate Trend 2010 - 2030
20 Largest UK Cities by GDP (excluding London) 2000-2035 -
70
- 2000 2020 2035 30%
60

25%
50
GDP (EUR Billions)

81%
78% 20%
40 89%
91% 86%
30 15%
90% 87%
94% 83%
20 81% 82%
137% 137% 92%
87% 10%
68% 80% 86%
125% 108% 107% 74% 86%
95% 66% 74% 73% 68%
10 83%
126% 80% 104%
134% 88% 109% 75% 78% 71% 104% 87% 5%
0
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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
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European Union plus UK France Germany Ireland Italy Portugal Spain UK

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08 Sources: Oxford Economics Sources: Oxford Economics 09

 UK Income Growth UK Housing Market
As the UK’s economy expanded by 32% in the last 20 With more than 6.2 million newcomers migrating to the UK between 2000 and 2019, the
construction sector has struggled to keep up with demand. Just 716,610 housing units were
years, household income levels have risen in a similar completed between 2015 and 2019, far below the Government’s target of 1.1 million units.

fashion. alone to about 383,400.

The UK’s lower-income band is expected to continue to shrink to 1.8 million households by
have risen by 161.2% over the last 20 years. With continued demand from both domestic and
2035, a fall of 84% since 2000. Between 2000 and 2020, the UK’s middle-income band
international buyers, UK house prices rose by an average of 8% in the year 2020 despite the
increased by 49% to over 16 million households and is forecast to decrease to 14 million (-13%)
global pandemic.
by 2035. This drop is primarily due to a positive shift from the middle- to the top-income band
over the next 15 years.
UK Housing Market Forecast
The UK’s top-income band has expanded by 157% since 2000, reaching 4.7 million households 2020-2035
as of 2020. Incredibly, the band is forecast to grow to 13.7 million by 2035, an increase of -
648% since 2000. As a result, the number of high-net-worth and ultra-high-net-worth individuals 10 100%

9 Market Value of Housing Stock: GBP9.14 trillion 90%

exceeding the growth rates in other major economies such as Germany and the U.S. 8
UK House Price Index: +45.2% 80%
Consumer Spending on Housing Rent: +87.8%
70%
7
Number of UK Households 60%
6
per Income Band

UK HOUSING MARKET
GBP (Trillions)
50%
UK INCOME GROWTH

- 5
40%
4
18 16.4m, 30%
+49% 3
20%
16 14.3m,
-13% 13.7m, 2 10%

14
+190%
1 0%

0 -10%
11.4m
Number of Households (millions)

12
11m 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Market Value of Housing Stock (Left Axis) UK House Price Index (Right Axis) Consumer Spending on Housing Rent (Right Axis)
10

6.9m,
8
-40% The market value of the UK’s housing stock is expected to reach GBP9.14 trillion by 2035
4.7m, with average house prices increasing by 45.2% from 2020 to 2035. Consumer expenditure on
6
+157% household rent is expected to continue its steady incline, with a further rise of 87.8% expected
4
over the same time period.
1.8m,
1.8m -73%
2

0
2000 2020 2035
Household numbers by income band $0-$35,000 $35,000-$100,000 $100,000+

10 Sources: Oxford Economics, The Wealth Report 2021 (Knight Frank) Sources: UK Housing Statistics (ONS), Oxford Economics 11
 Sheffield History Art and Culture
city's history dates back to the Roman Empire and became one of Britain’s leading industrial is quickly becoming known for its vibrancy with
cities due to its abundant resources such as iron ore for smelting and oak woods for charcoal. the Arts, Entertainment & Recreation industry
The city quickly became a hub of innovation with the creation of crucible and stainless steel. expected to grow by an impressive 52.3% by
2035. Its musical heritage holds an abundance
war effort during World War II. of great bands such as Deff Leppard and The

hosting popular musical festivals such as the

The increase in economic activity fuelled an unprecedented surge in the city’s population which Tramlines Festival, which attracts over 35,000
people and was awarded the Best Metropolitan
Festival at the UK Festival Awards in 2019.

of galleries. The Millennium Gallery currently attracts approximately 800,000 visitors each year,

Sport
making it one of the most visited galleries in the North of England. Further to this, the S1 Artspace
is set to receive GBP22 million in investment for their venue, making it a world-class destination

A R T A N D C U LT U R E | D E M O G R A P H I C S
and one of the biggest galleries for modern art in the region.
SHEFFIELD HISTORY | SPORT

to numerous sporting events and clubs. In 2018, in commemoration of the 2012 Olympic

Park, which includes the National Centre for Sport and Exercise Medicine (NCSEM), has world-
class sports and science facilities and is set to expand its facilities with a GBP250 million
Demographics
The UK's population is predicted to increase by 2.16 million people (+3.23%) within the next

population has grown by an average of 3,600 inhabitants per annum over the last 20 years and
city’s successful sport and leisure industry currently employs over 50,000 people and generates is forecast to grow by 6.2% reaching more than 620,000 inhabitants by 2035.
an annual economic value of over GBP800 million.

UK Regional Cities
Population
-
1400

9%
1200 24%

1000

People in thousands
16% 7%
800
3%
11% 6% 6%
10%
600 14%
32%11% 12%
18%
12% 3% 19%
9%
400 18% 4% 6%
25%

200

0
Birmingham

Leeds

Glasgow

Manchester

Liverpool

Bristol

Leicester

Nottingham

Newcastle
2000 2020 2035

Sources:
12 Sources: Urban Splash, Oxford Economics 13
 Sheffield’s Economy
levels for most of the post-war era. However, the second half of the twentieth century was a
steel sectors, together with deindustrialisation during the late 1970s led to a deterioration in
economic performance.
In 1997, the new Labour government introduced a fresh approach to reinvigorate
deindustrialised areas in the UK. New strategies focusing on education, urban renewal,
economic development, social integration, and environmental reclamation were considered the
Employment and Incomes
rate falling from 11% in 2012 to 4.32% as of 2019. The unemployment rate is expected to rise
to a peak of 5.96% in 2021 due to COVID-19 before returning to its pre-crisis full-employment
household incomes rising from GBP24,790 in 2000 to GBP39,410 in 2020, an increase of 59%.
While disposable incomes dropped slightly in 2020, they are forecast to rebound swiftly and
continue rising to hit GBP59,880 in 2035, an increase of 142% since 2000.
Sheffield's Disposable Income and Unemployment Rate 2000-2035
- £59,880

itself with the aim to build a new city economy based on its laurels as an ‘innovative producer £60,000 13%

industrial enterprise and the second on aiding large-scale public reinvestments. £50,000
11%

Unemployment Rate
Disposable Income
9%
£40,000

7%
is built on the city's engineering traditions; strong £30,000
5%
university-led research and development; an

EMPLOYMENT AND INCOMES

£20,000
4.29%
increasingly varied and vast SME sector ; new business
3%
SHEFFIELD'S ECONOMY

£10,000
creation; invention and creative production techniques”. 1%

Source: LSE £0 -1%

2000 2005 2010 2015 2020 2025 2030 2035

Disposable Income Unemployment Rate

2000, totalling over GBP14.6 billion as of 2020. After a slight decline due to COVID-19, the
economy is expected to expand by a further 81.85% and reach GBP26.59 billion by 2035. At
the same time, average GDP growth per capita has risen 71.05% since 2000 and is expected to residents have followed a similar trajectory. By 2035, the number of people in the lowest income
reach GBP42,689 by 2035, expanding by a further 71.25% from 2020. bracket is expected to fall to 44,311 households, a decrease of 65% from 2010. At the same
time, those in the middle- and upper-income brackets are expected to rise at an exponential rate,
registering growth rates of 75% and 832% respectively over the period.
Sheffield Economic Growth 2000-2035
-
Sheffield Household Numbers by Income Band (2010-2035)
30 60,000 -
163,692
GBP26.6B (+27%)
55,000
18 Cumulative:
25 +75%
50,000
16

45,000 128,411
14
GBP (GBP Billions)

20 (+37%)
126,840
GBP per Capita

40,000
102,852

Number of Households (millions)

12
(-19%)
15 35,000
GBP42,689 10 93,770
3,000 52,838
8
10 44,311 (+333%)
25,000 (-57%) Cumulative:
6 Cumulative: +832%
20,000
-65%
5 4
15,000 12,201
2 (+115%)
0 10,000 5,670
2000 2005 2010 2015 2020 2025 0
2030 2035
2010 2020 2035
GDP (Left Axis) GDP per Capita (Right Axis) Income $0-$35,000 $35,000-$100,000 $100,000+

14 Sources: Oxford Economics Sources: Oxford Economics 15

 Productivity

centre, especially for highly-skilled jobs in the region.

Industry Sector No. of Employees Notable Employers

businesses, especially in advanced manufacturing,
creative and digital technology industries, healthcare Advanced Manufacturing
Employs: 50,000
AECOM
Companies: 3,000

services”.
Employs: 17,000
Automotive McLaren Automotive
Sheffield's Top 6 Sectors by GVA (2000-2035) Companies: 2,180
-

2.50 Employs: 15,000

Logistics Ikea, Next, Amazon
Companies:435
PRODUCTIVITY

1.96B
(+37%) 1.90B
2.00 (+37%) 1.82B
(+68%)
1.61B Boeing, Rolls-Royce, ATI Allvac,
(+30%) Employs: 7,000
1.43B 1.39B Aerospace Maher, Technicut and Goul
(+54%) (+44%) Companies: 495
1.50
1.24B
Alloys
GBP (millions)

(+32%)
1.08B
(+32%) 1.04B
0.97B
(+52%)
1.00 0.93B 0.96B 0.94B
(+56%)
HSBC, Santander, BDO, Lloyds
0.82B
0.68B
0.62B
Banking and Finance Employs: 19,000 Banking Group, Nationwide &
(+115%)
(+82%) RMS
0.50
0.32B 034B

KPMG, Irwin Mitchell, Grant

Professional Services Employs: 8,000
Thornton, CMS
0.00
Wholesale & Real Estate Activities Human Health & Education Information & Professional, Scientific &
Retail Trade Social Work Communication Technical Activities

2000 2020 2035

Employs: 2,000
Healthcare Technology B. Braun & Orchid Orthopaedic
Companies: 85

Employs: 225
Aviation Textron Aviation
Companies: 10
productive sector with a GVA totalling GPB1.96 billion by 2035, the highest employment
growth between 2000 and 2035 is within the Information & Communication sector.

16 Sources: Oxford Economics Sources: 17

 Sheffield City Region Investments
Rolls-Royce

Due to its well-connected location, the SCR has become Total investment value: GBP160 million
Jobs created: 200
an attractive destination for many companies to
invest. Today the region boasts an impressive array of
their establishment of the University of Technology Centre. In 2019, Rolls-Royce signed
large-scale industries and collaborations with leading
200 highly-skilled employees.
manufacturing and engineering.
SHEFFIELD CITY REGION (SCR) INVESTMENTS

2. Doncaster Sheffield Airport (DSA)

1. The Global Innovation Corridor

Doncaster Sheffield Airport (DSA)

The SCR is building a Global Innovation Corridor that aims to connect businesses and
people to further solidify the region's innovative reputation. One such location is the
Advanced Manufacturing and Innovation District (AMID), set to be the UK’s largest
research-led advanced manufacturing cluster. To date, AMID has attracted investment
from major companies such as:
McLaren Automotive Ltd
Total investment value: GBP50 million
Jobs created: over 200
Total investment value: GBP10 million
Jobs created: 33,000
DSA has seen an exponential growth in demand leading it to become one of the fastest
growing airports in the North of England. In direct response to passenger demand, the
airport is currently undergoing a GBP10 million expansion project, which aims to be
completed by summer 2021. In addition, the installation of a GBP2 million on-site solar
farm will generate 25% of the airport’s energy in the years to come.

In 2017, McLaren Automotive Ltd announced the launch of a new McLaren Composites years, primarily in engineering, manufacturing aviation, energy and construction, with a
Technology Centre in the AMID. Today, the GBP50 million facility produces the company’s total of 33,000 jobs over the next 10 years.The investment into the airport is expected to
increase the number of passengers to 4.7 million per year by 2037.
the local economy by 2028.

Boeing
3. HSBC
Total investment value: GBP40 million
Jobs created: 52 HSBC

Total investment value: GBP90 million

Jobs created: 2,700

In 2016, HSBC invested GBP90 million into the creation of their Global IT Shared Service
is responsible for manufacturing more than 100 different high-tech components for
the company’s 737 and 767 planes. Today, the facility employs over 52 highly skilled
employees, including experienced mechanics and engineers.

18 Sources: Sources: 19
 Sheffield City Region’s
Regeneration
Sheffield City Region Regeneration Programs
-

5. New Development Deal

4. Regional Growth Fund

12. Park Hill phase 2

3. Enterprise Zone
17,000.0
S H E F F I E L D C I T Y R E G I O N ' S R E G E N E R AT I O N

16,000.0 10. Heart of the City 2

9.
15,000.0 The Advanced
Manufacturing Park City
Region
14,000.0 Growth
1. Heart of the City 1 Deal
13,000.0
GVA (millions)

12,000.0
New
Regeneration
11,000.0 Funding

10,000.0

9,000.0

8,000.0

7,000.0
1. Heart of the City 1 3. Enterprise Zone
•GBP130 million •GBP700 million •GBP5 million
6,000.0 •Completed •4000 new apprentices •Over 7000 jobs
1995

2000

2005

2010

2015

2020

2025

2030

2035

4. Regional Growth Fund 5. New Development Deal

•GBP25 million to invest •GBP32.8 million •GBP25 million
in local businesses •GBP200 million direct •4000 new apprentices
private sector investment •2,000 job opportunities
•GBP93 million GVA uplift
Over the last two decades, the SCR has seen a wide range of regeneration projects that have •Over 7000 new jobs
have resulted in its economic revival. Regeneration projects such as
’The Heart of the City’ and the ’New Development Deal’ have had an incredibly positive effect on
Investment Fund Growth Deal Growth Deal
•GBP700 million •GBP295.2 million •GBP105.9 million
Post GFC, was on the rise due to numerous regeneration projects such as •Extra 68,000 job •8,000 job opportunities
most prominent and recent regeneration projects that’s opportunities by 2022 by 2021
expected to be completed in 2023 and provide around 7,000 new jobs.
as this, among others, are booming economy in the 10. Heart of the City 2 12. Park Hill phase 2
next decade and beyond. •GBP470 million •GBP10 million •GBP100 million
•7,000 job opportunities •33,000 job opportunities •100 job opportunities
•Completion: 2024 in the North •Completion: 2021
•Completion: 2021

20 Sources: bbc.com/news/uk-england-south-yorkshire-43371915 21
 Education
cultural diversity and world-class educational institutions. Ranked 103rd in the world, it makes a
feature on the list of Best Student Cities according to the QS World University Rankings. The city
boasts a diverse student community, with 22% of its 53,600 students coming from outside the
United Kingdom.

Hallam University recently was awarded The Times’ and Sunday Times’ University of the Year for
Teaching Quality.

under the age of 25 years old. It also adds to the growing local economy as major companies

26,765 25,548
full-time students full-time students
35% 11%

Sustainability: Green Sheffield

S U S TA I N A B I L I T Y
international students international students
E D U C AT I O N

top 5 eco-friendly cities in the UK. Through various

schemes such as the ’Green City Strategy’ and ’Grey
to Green’ the city continues to reduce its carbon
footprint. With projects emphasising e-mobility and
the successful integration of various energy sectors,
the city has already reduced its carbon emissions per
capita by 89% between 2005 and 2018.

Research Centre. The centre, which is scheduled to open in 2021, will be one of Europe's largest
and most advanced research and development facilities. The centre will be an innovative research
and testing facility for academics and partners within bioenergy, zero-carbon production, Carbon
Capture and Storage, and the combustion industry.

22 Sources: QS Top Universities, Knight Frank, Times Higher Education 23

 Transportation Tram

In operation since 1994, the 29 kilometre Stagecoach Supertram network encompasses

4 lines and 50 stations, carrying over 10.5 million passengers annually. The SCR recently
secured GBP166 million from the Transforming Cities Fund in order to boost public
thanks to various connections via air, rail and road networks. transportation and cycling connectivity throughout the region.

Rail

effects of the HS2 and Northern Powerhouse Rail, it will set the standard for future
transformational growth in the city.
million passengers between 2019 and 2020 alone. The city offers direct lines to major cities like
London, Liverpool and Manchester. In March 2021, investment funding of GBP137 million was

Travel Time by Rail

T R A N S P O R TAT I O N I N F R A S T R U C T U R E

-
Location Travel Time to Sheffield (Hours)
London 2:08 (HS2: London Euston = 1:27)
Birmingham 1:08 (HS2: Birmingham = 0:57)
Manchester 0:53
Liverpool 1:37 Air
Manchester Airport 1:30
Heathrow Airport 3:16 airports in the north of England, carrying over 1.4 million passengers in the year 2019, an
Gatwick Airport 3:13 increase of 64% since 2015. Offering connections to 45 destinations across 17 countries,
both business and leisure travellers have an abundance of routes to choose from.
The HS2 will provide much-needed rail infrastructure throughout the UK, forming part of

commute time by 32 minutes.

24 Sources: Sources: Stagecoach, UK Civil Aviation Authority 25

 S H E F F I E L D H O U S I N G M A R K E T | S U P P LY & S A L E S & R E N TA L M A R K E T
Sheffield Housing Market
SUPPLY

from the high levels of population growth since the early 2000’s. Between 2012 and 2020
DEMAND alone, a mere 11,439 units were added to the housing stock, which totalled 251,887 units as
SHEFFIELD HOUSING MARKET | DEMAND

Resulting from a period of weak economic performance beginning in the late 1970’s,

expanding at a rapid rate. From its 513,300 residents in 2001, the number of residents 2035, below the annual new-build requirement of 2,923 units. As a result, an undersupply of
living in the city had grown to 586,730 as of 2020. The population is expected to continue at least 11,328 housing units is expected by 2035 meaning a 26% shortage of the housing
on this growth trend, totalling 623,040 by 2035, a 21% increase since 2001. This high level requirement.
of population growth has, and will continue to, put immense pressure on the city’s housing
stock.
Sheffield Housing Plan and Completions
Sheffield Population Growth Trend 1980 - 2035 -
- 16,000

630,000 14,000

12,000

Housing Target
610,000 10,000

8,000
Total Population

590,000
6,000

4,000
570,000
2,000

0
550,000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Number of Completions Unfulfilled Target

530,000

SALES AND RENTAL MARKET

510,000
1981 1985 1989 1993 1997 2001 2005 2009 2013 2017 2021 2025 2029 2033
Sustained population growth combined with the economic revival since the early 2000’s has
average of 13% per annum. With these
underlying factors expected to remain in place in the years to come, house prices in the
region are forecast to rise by a further 28.2% up to 2025, compared to the UK average of

cities such as Leeds, Birmingham and Manchester as of 2020.

26 Sources: Oxford Economics Sources: 27

 CROOKSMOOR

THE DEVELOPMENT
Kelham Ridge is comprised of studio, one- and two-

Kelham Ridge bedroom apartments featuring contemporary interior

design and spacious, bright rooms.
SHEFFIELD The residence is situated a stone's throw from historic Kelham Island, once the beating heart of
manufacturing. The remains of old factories and workshops have given the area a distinct charm, now
housing trendy galleries and microbreweries. Offering 84 units, Kelham Ridge will undoubtedly prove
popular for the ever increasing young, professional and student community.

Computer generated images are intended for illustrative purposes only

28 29
 AREA MAP
TRANSPORTATION
NEEPSEND
1 1 Sheffield Station 3 Mowbray Street Bus Stop
21 min walk / 8 min cycle 2 min walk
2 4 2 Pitsmoor Road Bus Stop 4 Total Car Parks
KELHAM ISLAND 1 2 2 min walk 1 min walk
3
3
SUPERMARKETS
3
54 2 1 1
3 7 1 Tesco Express 4 Tesco Express - Edward Street
6
2 2 min walk 16 min walk
5
2 Tesco Extra 5 Co-op Food
10 min walk 16 min walk
1 3 Tesco Superstore 6 Sainsbury's
WEST BAR
16 min walk 25 min walk / 11 min cycle
4
LOCAL AMENITIES
4
6
1 Hair Salon 6 Hardware Store - Wilko
5 8 CROOKSM
6 min walk 12 min walk
PARK HILL
9 2 2 7 Central Library
10 8 min walk
10 4 5 20 min walk
2 8 3 Yoga Studio 8 Dentist

AREA MAP
10 min walk 17 min walk
3
7 4 Fitness Centre 9 Yoga Studio
PARK HILL
SHEAF VALLEY 10 min walk 20 min walk
2 9 QUARTER 5 Pharmacy 10 Post Office
8 min walk 22 min walk
1 1
SHEFFIELD CAFE & RESTAURANT
CITY CENTRE
1 The Harlequin - Bar 6 Kelham Island Tavern
3 6 4 min walk 7 min walk
2 The Taphouse bar 7 The Grind Cafe
4 min walk 6 min walk
3 Craft & Dough 8 Sushi Restaurant
EMPLOYMENT HUBS 5 min walk 16 min walk
4 Kelham Island Brewery 9 Starbucks
1 Lloyds Banking Group 3 Aviva 5 Boeing Sheffield
5 min walk 15 min walk
12 min walk 16 min drive 8 min drive
5 The Fat Cat 10 Costa Coffee
1 2 HSBC Head Quarters 4 McLaren Composites 6 Rolls Royce 6 min walk 16 min walk
Kelham 21 min walk Technology Centre (MCTC)
16 min drive
10 min drive
EDUCATION

Ridge SPORTS CENTRE

1 2
SHEFFIELD
15 min walk 23 min walk
1 Sheffield Titans 2 Ponds Forge International 3 The Foundry Climbing Centre
Football Club Sports Centre 4 min walk
22 min walk 16 min walk
30 31
 COMPARABLE MAP
PARKWOOD
SPRINGS

Kelham Ridge
NEEPSEND
SHEFFIELD

Av. Studio - £114,000 (£331 psf)

Av. 1 Bed - £142,000 (£303 psf)
Av. 2 Bed - £173,000 (£261 psf)

KELHAM ISLAND

DANDOR HOUSE
BIRTIN WORKS Av. Studio - £129, 523 (£443psf)
Av. 1 Bed - £186,642 (£364 psf)
Av. 1 Bed - £112,222 (£330 psf)
Av. 2 Bed - £228,495 (£309 psf)
Estimated Completion: Q3 2022
WEST Estimated Completion: Q3 2022
BAR
R
CO M PA R A B L E M A P

BURGESS HOUSE
PARK HILL
Av. Studio - £142,750 (£3680sf)

Estimated Completion: Q3 2021 COUNTY COURT

Av. 1 Bed - £158,500 (£324 psf)
Av. 2 Bed - £211,500PARK
(£297 psf)
HILL
SHEAF VALLEY Completion: Q4 2021
Estimated
QUARTER

SHEFFIELD
CITY CENTRE

SHEFFIELD CENTRAL
Av. Studio - £121,000 (£465psf)
Av. 1 Bed - £140,789 (£427 psf)
Av. 2 Bed - £212,250 (£396 psf)
Estimated Completion: Q1 2021

CUTLERS VIEW

For more information, please speak to one of our consultants.

Computer generated images are intended for illustrative purposes only

32 33
Computer generated images are intended for illustrative purposes only
Computer generated images are intended for illustrative purposes only
 Specifications
Living Space
• Pendant lighting to living areas
• Palio Karndean - Sardinia flooring
• All switches, sockets, tv, data, and other electrical points (excluding kitchen) to be
white plastic

Kitchen
• Appliances to be Zanussi or similar.
• 18mm melamine faced base units, matt grey (inc 1no drawer
unit), sizes as per kitchen design.18mm melamine faced
wall units, matt white, sizes as per kitchen design.
• Copper effect bar handles to all cupboard doors.
• 28mm square edge HPL laminated worktop. 100mm
square edge HPL laminated upstands.
• Glass splash back to be provided behind hob - Integrated single
• Oven/grill – stainless steel finish
• Halogen above worktop four ring hob
• Brushed stainless recessed LED spotlights
• Integrated dishwasher

S P E C I F I C AT I O N S
• Integrated fridge/freezer 2:1
• Free standing Beko or similar washer/dryer
• Black ceramic glass wall mounted electric extractor hood, Elica or similar
• Stainless steel single above worktop sink and drainer
• Brushed steel mixer tap
• Brushed steel sockets

Bedrooms
• Palio Karndean, Sardinia flooring with appropriate base layer
• White plastic pendant light fitting
• All switches, sockets, tv, data and other electrical points to be white plastic
• 1 white thermostat electric radiator

Bathrooms / Ensuites
• 600x300mm ceramic floor tiles
• 600x300mm ceramic wall tiles (full height tiling to all walls with chrome trims)
• Brushed stainless steel recessed spotlights
• White plastic shaver points
• White bathroom suite
• Chrome plated mixer tap to bath
• Concealed cistern system to toilet
• Glazed half bath shower screen with chrome plated trims and hinges
• Shower system with exposed wall mounted chrome plated shower head

Miscellaneous
• Double Glazed Windows
• Voice-Only Entry System to each apartment
• Ceiling Height 2.4 Metres

38 39
 The Developer

The Investment Room (TIR) was founded in 2009,

specialising in large-scale developments across the north
of England. Currently their portfolio sits at 35 completed
projects and consisting of over 700 apartments. TIR have a
wealth of experience covering both new build properties
as well as permitted development conversions.
DEVELOPER

C O N TAC T S
REACH OUT TO US:

01134264444
hello@northpropertygroup.co.uk
www.northpropertygroup.co.uk
One Brewery Wharf
Waterloo Street Leeds, LS10 1GX

Humphry Davy House, City Exchange,

Rotherham Bradford

Number of units – 109 residential units Number of units – 122 residential + 3 commercial units
Location - Rotherham Location - Bradford
Completion date – December 2020 Completion date – January 2020
Total GDV - GBP10 million Total GDV - GBP8 million

www.theinvestmentroom.co.uk

40 41
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