Summary - HANOVER HOUSE, 2 HANOVER WAY SHEFFIELD S3 7UF
1 bed 1 bath Residential Development
Large cleared site with consent in Sheffield’s Devonshire Quarter, ideal for institutional-scale housing.
Implemented planning consent for 410 apartments, retail and parking
A rare, large-scale city-centre development site with implemented planning consent for 410 residential apartments across 4–26 storeys. The cleared, level plot of approximately 1.45 acres sits in the Devonshire Quarter, a lively Sheffield neighbourhood popular with students and young families, offering immediate access to retail, leisure and public transport links.
The scheme includes ground-floor retail/commercial floorspace (A1/A2/A3/A4/B1), ancillary facilities, amenity space and parking — a flexible mixed-use proposition for build-to-rent, PRS or a multi-unit sale strategy. The site’s substantial scale and central location are the primary value drivers for occupational and institutional investors seeking scale and long-term rental demand from students and young professionals.
Buyers should note several material constraints: the surrounding area is classified as very deprived with very high recorded crime rates, and local broadband speeds are reported as very slow. The site currently operates as a public car park; delivery will require management of temporary use, security and remediation of former industrial land. Mobile signal is excellent, and nearby schools and amenities support day-to-day demand.
This opportunity suits investors or developers able to underwrite urban regeneration risk, factor in public-realm and safety improvements, and capitalise on Sheffield city-centre rental demand. The implemented consent significantly reduces planning risk, but purchasers should allow for site remediation, infrastructure costs and measures to address local socio-economic challenges.
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