DONCASTER

The largest historic market town in the North of England is growing fast

Doncaster

An historic town that continues to demonstrate rising rental demand and highly attractive economic growth

THE AREA

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.

Population

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.

 Economy 

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.

 Employment

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.

KEY FACTORS

  • High rental demand
  • Record levels of inward investment
  • Large-scale town centre regeneration
  • Home to UK's fastest-growing airport outside London
  • Top 10 for business starts and private sector job growth

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.

Join our Investment Hub for privileged access to our latest developments, their availability and exclusive rates.

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Solomon Investment Partners in relation to its investment products.