Apartments release in one of Yorkshire's new 'hip' hotspots

Would-be homeowners are being offered a choice of brand new apartments in the heart of Sheffield’s hippest district.

Independent property specialists Aspen Woolf have just opened sales at the next phase of the listed Cornwall Works development, in the Kelham Island area.

The former industrial zone has been dubbed ‘Sheffield’s answer to Shoreditch’ and buyers are urged to act fast if they want to bag their spot by the river.

They can take their pick of a range of 48 high specification studio and one-bedroom apartments, available from £89,995.

Providing impressive rental yields of 7.5 per cent, phase two of Cornwall Works is attracting both homeowners and would-be landlords.

Available with minimal deposits and no service or management fees payable for the first two years, the development is close to everything the city has to offer.

Phase two of Cornwall Works is the second launch at this location, with phase one fully tenanted since completion.

Aspen Woolf’s director, Oliver Ramsden, said the development was the latest in a wave of new building work boosting Sheffield’s appeal.

He explained: “The city has been undergoing an astonishing transformation in recent years and Sheffield is becoming a real property hot spot.

“Traditionally, low property prices, a massively regenerated city centre and high tenant demand means 2018 is a great time to buy here.

“We expect this second phase of Cornwall Works to be just as popular as phase one.

“With pre-launch prices at an impressive 19 per cent below local comparables, this is a great opportunity to find property in a beautiful spot.”