Doncaster is attracting serious interest from property investment professionals. Prices are
affordable, rental demand is buoyant and, with advent of major infrastructure spending, the
prospects for capital appreciation are excellent.
As part of the Sheffield City Region, Doncaster is benefiting from economic regeneration
programme that is moving with impressive speed. Indeed, the pace of economic development is a key part of the area's appeal. Doncaster itself is enjoying substantial inward investment: it is seeing a £300 million redevelopment of its town centre, together with similar improvements across many other key districts.
According to the Nationwide House Price Index for Q4 2016, average house prices
in Yorkshire and Humberside rose by 4% over the course of the year, outperforming
London by 0.3%.
In February 2017, PropertyWire published an article examining rental yields across the UK.
Citing recent research that found Doncaster to be one of the country's fastest growing markets, it noted: "The North of the UK showed the most rental yield growth. Hull, Rotherham and Doncaster in Yorkshire, and Aberdeenshire and Edinburgh in Scotland, achieved the largest rise in average rental yields between October and December 2016, with increases of up to 0.31%."
Don't take our word on how up-and-coming Doncaster is. The figures certainly communicate the lucrative potential to be gained from the property market in such a great location.
"We expect rental price rises to accelerate in this region over the course of the year. Some of the best yields in the country are to be found in the North" - Home.co.uk Report 2017