Cornwall Works

3rd floor apartment available for sale for £89,995. This is part of the Northern Power House Initiative, Sheffield’s affordable and high demand property market represents one the premier BTL hotspots in the UK today

This apartment is available for self occupy as well as buy-to-let.

For investment purposes, investors will receive 7.44% NET returns per annum for 2 years. 

Investment Overview: 

Unit Price: £89,995

Income Per Annum: £6,700

Total Income At The End Of Year 2: £13,400 

  • New Build
  • Located 1 Mile From Sheffield City Centre
  • Due To Complete In Q3 2019
  • Yields Over 7%
  • Furniture Pack Available To Purchase
  • Residential Development
  • 10 Years Build Warranty
  • Priced Below Local Comparables
  • 0.2 Miles From Kelham Island University

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.

 

Investment Summary:

 

  • Spacious studios from just £89,995
  • Impressive rental yields of 7%+
  • 48 self-contained studios and 1 beds priced at 19% below local comparables.
  • Sheffield is home to two world class universities with  over 65,000 students
  • Phase 1 completed and fully tenanted
  • Completion Q3 2019
  • Low deposit, just 35% required prior to completion
  • Zero service charge and management fees for years 1 & 2
  • Opportunity to own high-spec apartments 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.

 

The UK’s fourth largest city, Sheffield offers a unique blend of both urban lifestyle and rural retreat. The city has been going through something of an ‘urban renaissance’ in recent years, making the most of its grand industrial heritage and architecture, and reinventing itself as a city of European significance.

 

The Property Supplier

For more information on Cornwall Works please contact:

+44 (0)1494 416 196 (UK)

OR

+852 53034685 (Hong Kong)


Online Enquiry