Cornwall Works Phase 2, Kelham Island, Sheffield
A stunning new development in Sheffield’s vibrant Kelham Island Quarter - the perfect location for high quality, city living. Cornwall Works, located in the historic and beautiful Kelham Island ‘urban village’ of Sheffield, is the latest project from seasoned developers, Firestone. This is actually the second phase of Cornwall Works! The first phase has proven extremely successful and is fully built and 100% tenanted.
This development comprises 48 self-contained luxury studio and 1 bedroom apartments. Built to the highest specification this 2nd phase of Cornwall Works is perfectly suited to meet the demands of todays competitive rental market.
TRAINS - Sheffield has extensive rail links to all major UK cities. Manchester is less than an hour by train and London is just 2 hours and 4 minutes away. Trains run from Sheffield to London every hour, and up to three times per hour to and from Manchester.
ROADS - Sheffield is connected to the national motorway network via the M1 and M18 motorways. The M1 skirts the north-east of the city, linking Sheffield with London.
AIRPORTS - Manchester Airport is an hour’s journey away by car, and just over an hour by train. This major international airports the largest outside London and provides direct flights to over 220 destinations worldwide - more than any other UK airport.
The Management Team
Belvoir recently won the title of Best Lettings Franchise at the Lettings Agency of the Year 2014 in association with The Sunday Times and the Times. In 2012 Belvoir became the first residential lettings agency to launch on the AIM of the London Stock Exchange. Belvoir has numerous of offices throughout the UK and an ambitious acquisition programme is underway, which means many more offices are scheduled to open in the next few months.
Key Investment Highlights
Prices starting from just £89,995
8% Net rental assurance for 3 years
Investor friendly payment plan, 35% on exchange 65% on completion
42 Studio's and 1 bed apartments
Prices below comparables in local area
Phase 1 already complete and tenanted
No ground rent, management fees or service charges to be paid for the first 3 years
Spacious studios from just £89,995
48 self-contained studios and 1 beds
Part of the Northern Power House Initiative
Sheffield is home to two world class unis with over 65,000 students
Completion Q3 2019
Opportunity to own high-spec apts in Sheffield’s hottest new Quarter
Fully hands-off investment, managed by established UK operator
WHY INVEST IN SHEFFIELD
Sheffield is an economic powerhouse in the north of England, attracting businesses globally with a high employment rate, and excellent accessibility and connectivity. Around 2.1 million people live within a 60 minute commute of the city where growing key sectors include the creative and digital industries, low-carbon, and healthcare technologies.
The city centre has undergone a radical transformation in recent years and offers a vibrant and cosmopolitan experience that rivals any European city.
Over 65,000 students study at Sheffield’s two universities, including more than 7,000 international students. The city recently topped a list of university towns and cities that could benefit from more student accommodation: the universities are only able to provide 11,369 bedrooms to more than 46,890 full-time students, leaving a massive 76% looking for accommodation in the private rented sector.
The naturally growing population and international student growth are key driving forces behind demand for quality purpose-built accommodation and, with no cap on the numbers who can study in the UK, Knight Frank forecasts this amount will increase by 15-20% over the next five years.
for more info please see https://www.emdps.com/kelham-islands-sheffield