Relieved Park Hill developers sell 44 flats in Sheffield

Relieved developers at Park Hill in Sheffield have sold 44 flats in five months despite Covid.
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The companies working on Phase 2 of the revamp were worried ‘the most potentially challenging period worldwide’ could hit sales.

But they are ‘encouraged’ that 44 of the 195 flats have gone already.

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Prices range from £137,500 to £235,000, some will be for rent.

Image of Phase 2 at Park Hill.Image of Phase 2 at Park Hill.
Image of Phase 2 at Park Hill.

Developers Urban Splash and Places for People hope the first residents will move in towards the end of next year.

Guy Ackernley, on behalf of the partners, said: “We have seen unprecedented sales for Phase 2 of Park Hill.

“In what could be described as the most unusual and potentially challenging period world-wide, and one that could well have adversely affected the housing market, we have sold an amazing 44 homes in five months.”

The Gate development on Arundel Gate in Sheffield. Picture: Chris EtchellsThe Gate development on Arundel Gate in Sheffield. Picture: Chris Etchells
The Gate development on Arundel Gate in Sheffield. Picture: Chris Etchells
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Phase 1 included 260 flats which are all occupied and home to 700. Phase three will see 350 student bedrooms and flats with between two and eight bedrooms.

Meanwhile, the £35m, 22-storey, 445-bed Gate block on Arundel Gate in the city centre is close to completion.

MRP, the property development and investment division of McAleer & Rushe, says it will be ‘completed and operational for September 2020’.

The website states: ‘The Gate will set a new benchmark for high quality student accommodation offering features, space and a specification rarely seen in the Sheffield market.

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Amenities include a gym and communal area on the 21st floor, a 22nd floor landscaped roof terrace with unrivalled views across Sheffield and a cinema’.

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