Shared Ownership in Sheffield
Why you should buy a shared ownership property in Sheffield
If ever you wanted proof of how much Sheffield has changed since its industrious decline, just look to its creative soul. The South Yorkshire hotspot has big-city aspirations and is a hotbed of design, arts, new music and culture. Industrial spaces have been spruced up and converted into studios, breweries, indie cinemas, pop-up stores and hundreds of new living spaces. As a clued-up local, you’ll know where to find that artisanal bakery with top homemade grub, the theatre showcasing experimental productions, and the latest game-changing restaurant.
There’s also plenty of mainstream attractions: spend an evening at the Crucible for show-stopping live theatre; take a pew at the legendary Leadmill music venue where you can find superb comedy, club nights and cinema; take respite from the throb in the bright and breezy Sheffield Botanical Gardens; and rummage through hard-to-find vinyl and vintage threads at the quirky Indie Arcade – an offbeat shopping destination. The past five years has seen the emergence of transformed housing estates: where once brutalist homes stood, today there are arts centres and sculpture gardens feeding the city’s thirst for creativity. And when you need to escape the thrum of the city, make tracks to the outlying Peak District – just 20 minutes away lies wild swimming spots, spectacular walks, country pubs serving artisan ales by roaring fires and pockets of adventure. Exploring the 'Steel City’ is very straightforward too, with its superb network of buses and trams taking locals to the city’s furthest corners every day of the week.
Part-buy Part-rent Sheffield
Not convinced you can afford to buy a property in Sheffield? Then think again. The city has lots of shared ownership spaces for part-buying, part-renting that could be your first dream home. Pulling together a huge deposit for a property is now the largest barrier for home ownership – but shared ownership skirts this issue: the deposit needed is just 10% of the share you purchase, not the part you rent. So it will suit anyone struggling to raise enough for a deposit and who earns less than £80,000.
Look to the suburb of Frecheville – a peaceful nook of green space, bustling shops and quick and easy links into the city centre. Here, two-bedroom houses are available for shared ownership with high-spec and modern rooms and pristine gardens.
Over in the village of Hackenthorpe, meanwhile, three-bedroom homes are slick and spacious with quick links into the centre via tram and bus.
There is a wide variety properties for sale in Sheffield and a home through shared ownership in Sheffield could be yours.
Buy a property here and you won’t regret it for a moment.