Studio Flat For Sale £148,000
10 Velocity Tower ,St Mary's Gate , Sheffield , S1

The development enjoys unparalleled convenience, with seamless access to the city's bustling amenities, including shopping centres, dining venues, transportation hubs, renowned universities, and serene city parks.

Soaring 24 stories high, Langford Tower provides breathtaking panoramic vistas of Sheffield. Every apartment within exudes a fresh industrial style aesthetic, illuminated by an abundance of natural light streaming through floor-to-ceiling windows, accentuating open-plan kitchens to maximize living space.

Why Sheffield is an Exceptional Investment Hub

Sheffield, a city with a remarkable blend of historical significance and modern vitality, offers a compelling lifestyle proposition. From its prestigious universities and dynamic entrepreneurial landscape to its thriving art and music scene, Sheffield exudes vibrancy and opportunity.

Once the epicenter of steel manufacturing, today's Sheffield has transformed into a thriving metropolis, characterized by a burgeoning population of young professionals and flourishing businesses. This upward trajectory has given rise to a robust economy and a real estate market poised for continued growth, attracting homeowners and investors alike.

Sheffield, denoted by the 'S' postcode, ranks among the greenest cities in Europe, boasting over two million trees, 250 lush parks, and the proximity of the breathtaking Peak District. The city offers a playground for those seeking adventure or a lifestyle immersed in the beauty of nature. Its strategic access to major motorways, coupled with its reputation as one of the safest cities in the UK, continually attracts new residents year after year.

Common Areas & Amenities at Langford Tower

Stylish entrance lobby with an industrial-themed reception desk

Individual post boxes for each apartment in the entrance hallway

Comprehensive CCTV coverage in all common areas

Elegant lighting throughout the building's communal spaces

Two passenger lifts for convenient access

Secure bicycle storage facilities

Quiet enclosed workspace and private meeting room

Ground-level communal area with spacious lounges, games/pool tables, and vending machines

Firefighting stairwell

General Apartment Details & FinishesWood-style vinyl planks in kitchen and living areas

High-quality carpet underlay in the bedrooms

Subtle off-white wall paint with mdf skirting in the living spaces

Open-plan kitchen and living areas with floor-to-ceiling windows

Modern Kitchens

Contemporary open kitchens with handle-less cabinets and concealed pelmet lighting

Polished solid surface worktops

Stainless-steel sinks and deck-mounted black tap

Bosch Appliances (or similar) including Fridge Freezer, Oven, Ceramic Hob, and Extractor Fan

Bathrooms & Ensuites

Porcelain-tiled walls and floors

High-end branded fittings

Luxurious designer sanitary ware with wall-hung WC and efficient heated towel rails

Modern washbasins and countertops

Matt black electric heated towel warmer

Black LED round mirrors

Integrated bathtub with glass screen and overhead shower, along with a bath mixer in brushed brass finish

Sophisticated Lighting

Two matt black feature pendant lights in bathrooms

Recessed matt black spotlights in living spaces and kitchens

Recessed spotlights in bedrooms

Feature pendant lights

Technical Features

Electric wall-mounted panel heaters in each apartment

Utilities meters for electric and water in every unit

Sprinkler and fire detection systems installed in all apartments

Structured cabling for internet access

Black light switches with black insert and screwless matt black sockets

Sheffield's Illustrious History

Located 260 kilometers northwest of London, Sheffield holds a rich historical heritage, dating back to the Roman Empire. It evolved into a leading industrial city due to its abundant resources, notably iron ore and oak woods for charcoal production. The city played a pivotal role in innovation, pioneering the development of crucible and stainless steel.

Sheffield is globally renowned for its sporting prowess, hosting numerous events and home to iconic sports clubs. The city's GBP50 million Olympic Legacy Stadium, opened in 2018 in commemoration of the 2012 Olympic and Paralympic Games, boasts world-class sports and science facilities. Further developments, totaling GBP250 million, are set to create 5,600 job opportunities by 2026, reinforcing Sheffield's commitment to sports and excellence.

Sheffield's Flourishing Economy

Situated within the South Yorkshire Mayoral Combined Authority (symca), Sheffield stands as the central employment hub within the region, particularly for highly-skilled occupations. The city is home to knowledge-intensive businesses, encompassing advanced manufacturing, creative and digital technology industries, healthcare technologies, and professional and financial services.

Notably, Sheffield's economy has witnessed substantial growth, nearly doubling in size over the past two decades. Residents' incomes have mirrored this upward trajectory, with an anticipated 70% decrease in the lowest income bracket by 2035. Meanwhile, middle- and upper-income brackets are projected to experience exponential growth rates of 68% and 1,015%, respectively, over the same period.

Sheffield's Educational Excellence

Sheffield's unique lifestyle has become a magnet for students both domestically and internationally, drawn by its cultural diversity and world-class educational institutions. Ranking 60th globally, Sheffield features prominently on the qs World University Rankings' list of Best Student Cities.

The city is home to two prestigious universities. The University of Sheffield ranks within the top 14 in the UK and holds the 96th position in global rankings. Sheffield Hallam University, recently awarded The Times' and Sunday Times' University of the Year for Teaching Quality, further enriches the city's educational landscape.

A high graduate retention rate of 42% contributes to 33% of Sheffield's population being under the age of 25. This demographic trend invigorates the local economy as major companies establish head offices to tap into the city's young and highly-skilled talent pool.

Sheffield Housing Market

Unwavering Demand

The economic initiatives of the new Labour government since the early 2000s triggered a notable expansion in Sheffield's population. From 513,300 residents in 2001, the city's population surged to 595,280 by 2022, with expectations of reaching 617,650 by 2035—an impressive 20% increase since 2001. This sustained population growth places significant pressure on Sheffield's housing supply.

Sales and Rental Market

Sustained population growth, combined with economic resurgence since the early 2000s, has propelled house prices in Sheffield, averaging a remarkable 13.7% annual increase. These factors, set to remain in place, forecast an additional 11.7% rise in house prices by 2027. Sheffield offers investors excellent value, with prices averaging 9.4% below those in cities such as Leeds, Birmingham, and Manchester as of September 2022.

The Yorkshire and Humber region has seen a 4.1% rental price growth in the year leading up to November 2022.

5-Year Price Forecast: 11.7%

Viewing by appointment Only.

For more information and to view please call us at[use Contact Agent Button] or email us [use Contact Agent Button]