An historic town that continues to demonstrate rising rental demand and highly attractive economic growth
A major UK logistics hub with excellent transport links on its doorstep that is home to three multi-million pound Amazon distribution centres and a £300 million town centre redevelopment scheme now in progress, there is a lot to be said for investment in Doncaster.
With a population of more than 308,000 -a figure which is expected to grow by 10% by 2021 - Doncaster is made up of friendly and welcoming communities. With a booming economy, strongest in areas such as warehousing and distribution and engineering and technology, the town is a popular choice for young professionals in these industries to settle.
With an economy of £4.94bn, Doncaster shows record levels of inward investment and featured in the top 10 for business starts and private sector job growth in a recent report (Centre for Cities outlook, 2017). In the most recent edition of the Demos-PwC Good Growth for Cities Index, Doncaster was one of the top five cities showing an improvement in its score. This was due to a significant increase in both new businesses per head and skill levels of young people seen across all of the cities surveyed.
There are 140,000 people in employment in Doncaster. A report from the Office for National Statistics shows that the number of people in either part-time or full-time employment in Doncaster rose to 72.7 per cent between April 2017 and March 2018.
Unemployment was 5.3 per cent - down from 6.1 per cent the previous year, with more and more people gaining roles in some of Doncaster's key industries, including retail, manufacturing and financial services.
Doncaster is a key location for buy-to-let investment thanks to its thriving job market, high rental demand and fast-growing population. Find out more about why you should invest in Doncaster by downloading our investment guide.
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