An old factory on the edge of Sheffield city centre is getting a second chance at life as a stylish new complex of apartments and studios.
The refurbishment of Speedwell Works in Sidney Street, part of the city’s Cultural Industries Quarter, will now provide top quality rented accommodation for young professionals and students.
Lettings are now being taken for 16 furnished two-bedroom apartments and 18 one-bedroom apartments and studios.
It is the first phase of Alsop Fields, a £10m project by Sheffield-based Elmsdale Estates for accommodation, offices for the high tech and creative sectors and places to eat and drink in an area between The Moor and Shoreham Street.
The overall development is designed to be a destination in itself - a regeneration of part of the Cultural Industries Quarter that will be similar to the trendy parts of Manchester and London. As well as being very close to the centre of the city, the location is a few minutes’ walk from the railway station and near Sheffield Hallam University.
As well as being very close to the centre of the city, the location is a few minutes’ walk from the railway station and near Sheffield Hallam University.
The new lease of life for Speedwell Works has been generated by sensitively renovating three storeys of former industrial premises around a central courtyard that is due to feature a café and two other commercial units next to the River Porter.
Andrea Marsden, head of residential at City Estates, which includes Elmsdale Estates, said: “Speedwell Works offers boutique-style apartments and studios with a character in keeping with the surrounding vibrant quarter.
“It is luxury furnished accommodation in an excellent location at an extremely competitive price that is ideal for young professionals and students.”
Rents for two-bedroom apartment start at £875 a month, one-bedroom apartments £695 and studios £595, and include heating, electricity, water bills and high-speed internet.
All deluxe studios and apartments include a dishwasher and all accommodation has its own washer/dryer.
Once the Samuel Warren Speedwell Steel Works, the development is one of four buildings that will comprise Alsop Fields, a mix of new buildings and refurbished old factories being transformed by Elmsdale Estates and taking its name from an area around Sidney Street in the 18th century.
Marketing agency Jaywing have already moved into the old Albert Works, and Speedwell Works will be joined later this year by offices forming No. 77 @ Alsop Fields and Niche Buildings @ Alsop Fields, featuring 44 studios and apartments for students and other residents, plus three commercial units, on the site of the former Niche nightclub.
The whole development is scheduled to be finished by the end of November this year.
The new apartments and studios are being let at a time when West One Accommodation, the residential lettings arm of City Estates UK Ltd, are reporting that their existing student and privately rented accommodation in and around the city centre is nearing full capacity.
Their portfolio includes Gatecrasher student apartments and studios at the corner of Arundel Street and Matilda Street, Hutton Buildings in West Street, West One in Fitzwilliam Street and Porterbrook off Ecclesall Road, which offer luxury accommodation to both professionals and students alike.
The courtyard at Speedwell Works has a similar feel, though larger, and built off the success of nearby Sellers Wheel and its hugely popular café, Tamper, which was also developed and is owned by the company.
Architects for Alsop Fields are Cartwright Pickard, who
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