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Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000...

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Lombard House NEWARK-ON-TRENT
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Page 1: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

LombardHouse N E W A R K- O N -T R E N T

Page 2: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

E S T . 2 0 0 7

The Prosperity Group was born out of a passion to deliver affordable, desirable homes and buy-to-let

opportunities to a global audience. Energised by the sheer wealth of opportunity in the region,

Prosperity Developments has already made its mark on its home city of Birmingham and surrounding

provinces, with numerous developments built and completed since 2007. Prosperity

remain dedicated to providing owner occupiers and buy-to-let investors an exceptional opportunity

to purchase prime city centre luxury apartments directly from us, the developer, through unique

purchase payment options.

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P R O S P E R I T Y G R O U P

T H E H E A R T O F L I V I N G

LombardHouse

Page 3: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

Everything’s in the detail

D Y N A M I C

A residential and commercial portfolio

including 36 substantial new build and

conversion projects with a GDV of

over £300 million.

C O M P R E H E N S I V E

Our own fully regulated mortgage division,

Verve, provides all round borrowing

solutions to our clients.

Our letting and management agency;

Lamont Estates, offers Prosperity

owners a full lettings and

management solution

D E D I C A T E D

Over 30 strong and all passionate

about property; our team work with the

very best industry professionals to

deliver our projects.

E N T E R P R I S I N G

We’re on track to deliver over

£1 billion of residential property

within the next 5 years.

P R O S P E R I T Y G R O U P L O M B A R D H O U S E

Prosperity

W H Y I N V E S T W I T H

Page 4: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

LombardHouse

N E W A R K - O N - T R E N T

Page 5: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

P R O S P E R I T Y G R O U P

A contemporary selection of 18 one bedroom modern apartments in a popular

Nottinghamshire town

T H E D E V E L O P M E N T

LombardHouse

L O M B A R D H O U S E

Page 6: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

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P R O S P E R I T Y G R O U P L O M B A R D H O U S E

D E T A I L S

18 A P A R T M E N T S

£99,995 O N E B E D

S TA R T I N G P R I C E

32m2-44m2 A P A R T M E N T

S I Z E S

Newark-on-Trent, in the heart of England, is perfectly positioned at the convergence of major road and rail routes - and offers easy access to airports and east coast ports - making it an ideal location for investment.

CHOICE OFPAYMENT PLANS

I M A G E S I N D I C A T I V E O N L Y

Page 7: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

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L O M B A R D H O U S E

Finishingtouches

D E S I G N M A T T E R S

K I T C H E N S

Lighting, Built-in Applicances

Cooker Top, Extractor Hood

Cupboards, Laminate Worktop

Splashback, One & Half Sink

Mixer Tap

B A T H R O O M S

Lighting, Toilet, Vanity Unit

Basin with Mixer Tap

Shower Cubicle or Bath

Towel Rail, Electric Razor Socket

B E S P O K E

High quality floors and stainless steel

sockets, custom built kitchens, integral

appliances and stylish bathroom suites

come as standard, offering homes with

style, luxury and comfort.

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2

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Prosperity’s trademark design delivers style and contemporary elegance to every development

Page 8: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

T H E L O C A T I O N

LombardHouse

Page 9: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

L O C A T I O N S M I T H F I E L D S Q U A R ES M I T H F I E L D S Q U A R E

B U S I N E S S

A great place to do business

Newark-on-Trent is a thriving market town with just over 37,000 residents (Census 2011).

Newark & Sherwood district is home to more than 8,000

businesses and has been recognised as a Growth Point by

the UK Government. There is strong staff availability from

surrounding key towns and cities such as Nottingham,

Lincoln, Leicester, Derby, Mansfield and Sheffield.

Newark is home to some impressive brands including

Knowhow’s National Distribution & Repair Centre, Centre

Parcs Head Office, Vodafone Contact Centre and

British Sugar PLC, who run a major factory on the

outskirts of the town.

N E W A R K - O N - T R E N T

16 17

P R O S P E R I T Y G R O U P L O M B A R D H O U S E

Locationis everything

Page 10: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

E M P L O Y M E N T

59,900

59,900 people are currently in employment, which is 76.9% ofthe population. Manufacturing

and tourism are the largest employment sectors.

C O N N E C T I V I T Y

75 minutesStrong road links north and south via the

A1, and to the west via the A46. Quick access for freight via the A1 to east coast

ports including Grimsby and Hull – within 90 minutes. Easy access to London via Virgin

Trains East Coast service in just 75 minutes. Access to two local airports, East Midlands, which is the UK’s largest dedicated freight

airport and Doncaster Sheffield, in just over 45 minutes.

T H E H I G H L I G H T S

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P R O S P E R I T Y G R O U P L O M B A R D H O U S E

Reasonsto

invest

D E V E L O P M E N T

80 hectares

The planning authority is committed to employment and housing growth to 2020, with 80 hectares of designated

development land. The number ofdwellings in the area is predicted to

grow by 57,000 by 2023.

E D U C A T I O N

Strong links

The area has excellent education provision, including highly rated local schools and colleges as well as the nearby universities of Nottingham,

Derby and Lincoln.

Page 11: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

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O N Y O U R D O O R S T E P

N E W A R K

Live, explore, shop

Steeped in history, going back to Roman

occupation, Newark is famed the world over for

its connections to Robin Hood and Sherwood

Forest. Whether its exploring museums or

enjoying some retail therapy in a wide range

of popular high street stores and independent

shops, there is plenty to see and do.

A M E N I T I E S

1. Newark Bus Station

2. Town Centre

3. Museum & Art Gallery

4. Odeon Cinema

5. Newark Library

6. Nottinghamshire County Council

7. Sherwood Avenue Park

8. Newark College

9. National Civil War Centre

10. Newark Castle

11. Newark Castle Train Station

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P R O S P E R I T Y G R O U P L O M B A R D H O U S E

Out nabout

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4

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Page 12: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

F L O O R P L A N S

LombardHouse

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L O M B A R D H O U S E

■ Unit 01 38m2 1 Bedroom

■ Unit 02 38m2 1 Bedroom

■ Unit 03 38m2 1 Bedroom

■ Unit 04 32m2 1 Bedroom

■ Unit 05 43m2 1 Bedroom

■ Unit 06 44m2 1 Bedroom

1 Bedroom

LOMBARD STREET

GROUND FLOOR

Unit 1-6 1 Bedroom Apartments

Studio

01 02 03

04 05

06

Page 13: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

1st FLOOR

Units 7-12 1 Bedroom Apartments

24

P R O S P E R I T Y G R O U P

25

L O M B A R D H O U S E

2nd FLOOR

Unit 13-18 1 Bedroom Apartments

■ Unit 07 37m2 1 Bedroom

■ Unit 08 38m2 1 Bedroom

■ Unit 09 41m2 1 Bedroom

■ Unit 10 43m2 1 Bedroom

■ Unit 11 43m2 1 Bedroom

■ Unit 12 44m2 1 Bedroom

1 Bedroom

LOMBARD STREET

■ Unit 13 40m2 1 Bedroom

■ Unit 14 43m2 1 Bedroom

■ Unit 15 43m2 1 Bedroom

■ Unit 16 39m2 1 Bedroom

■ Unit 17 38m2 1 Bedroom

■ Unit 18 41m2 1 Bedroom

1 Bedroom

LOMBARD STREET

13 14 15

16 17 18

07 08 09

10 11

12

Page 14: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

T H E I N V E S T M E N T

S M I T H F I E L D S Q U A R E

Payment plans designed with you in mind

LombardHouse

Page 15: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

Pay a 10% initial payment towards your deposit plus £850

legal fees. Your deposit is then divided by the number of

months in the build term and paid on a monthly basis.

Upon completion, remaining payments are covered by

rental income over 5 years.

This option is perfectly suited to clients without large lump

sums accessible or those who’d prefer to keep existing

investments where they are. Payments can be made

across a full 24 month term – keeping payments low.

All payment plans provided are correct at the time of

development launch.

Payment Plan 01

No mortgageplan

Summary - 1 bed apartment GBP

Purchase Price £99,995.00

Legal Fees £850.00

Total Amount Due £100,845.00

Reservation Stage

Prosperity Reservation Deposit 10% £9,999.50

Legal Fees £850.00

Reservation Stage total due £10,849.50

Monthly Payment Stage £59,997.00

Deposit divided by 24 month build schedule £2,499.88

Completion Stage

Stamp Duty if applicable (estimated) £2,999.00

Rental Repayment Stage £29,998.50

Year 1 rental payment £6,600.00

Year 2 rental payment £6,600.00

Year 3 rental payment £6,600.00

Year 4 rental payment £6,600.00

Year 5 rental payment £3,598.50

Income

Estimated Gross Rental Income Per month £550.00 / Per annum £6,600.00

Estimate Yield based on above 6.60%

Expenses

Service Charge (estimated) £900.00

Ground Rent (estimated) £150.00

Tenant Management Fees @ 12% + vat £950.40

Total Expenses* Per month £166.70 / Per annum £2,000.40

Estimated Income net of expenses Per month £383.30 / Per annum £4,599.60

* + Letting & Setup Fees

28 29

Payment Plan 02

Monthly and mortgage plan

Summary - 2 bed apartment GBP

Purchase Price £99,995.00

Legal Fees £850.00

Total Amount Due £100,845.00

Reservation Stage

Prosperity Reservation Deposit 10% £9,999.50

Legal Fees £850.00

Reservation stage total due £10,849.50

Monthly Payment Stage £24,998.75

Deposit divided by 24 month build schedule £1,041.61

Completion Stage

Balance payment - by way of mortgage or cash £64,996.75

Initial mortgage arrangement fee (if applicable) £995.00

Stamp Duty - estimated (if applicable) £2,999.00

Income

Estimated Gross Rental Income Per month £550.00 / Per annum £6,600.00

Estimate Yield based on above 6.60%

Expenses

Service Charge (estimated) £900.00

Ground Rent (estimated) £150.00

Tenant Management Fees @ 12% + vat £950.40

Total Expenses* Per month £166.70 / Per annum £2,000.40

Income net of expenses Per month £383.30 / Per annum £4,599.60

* plus Letting & Setup Fees

Pay a 10% initial payment towards your deposit plus £850

legal fees. Your deposit is then divided by the number of

months in the build term and paid on a monthly basis.

At completion, the balance is paid by way of an arranged

mortgage or cash.

This option is perfectly suited to clients without large lump

sums accessible or those who’d prefer to keep existing

investments where they are. Monthly and Mortgage

payment plans only available on selected plots.

All payment plans provided are correct at the time

of development launch.

Page 16: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

T A M E W A Y P L A Z A

Walsall, West Midlands

H 2

Halifax, West Yorkshire

M A R K E T C O U R T

Birkenhead, Merseyside

Units Available

S O U T H S I D E

Ilkeston, Derbyshire

Units AvailableUnits AvailableUnits Available

B E N T L E Y C O U R T

Keighley, West Yorkshire

B 1 E D W A R D S T .

Birmingham city centre

P A R K W O O D C O U R T

Keighley, West Yorkshire

S H E R W O O D S Q U A R E

Nottingham, East Midlands

C A S T L E C O U R T

Dudley, West Midlands

P R I E S T G A T E H O U S E

Peterborough, Cambridge

T H E P I N N A C L E

Southend, Essex

P R O S P E R I T Y H O U S E

Derby city centre

J Q 1

Birmingham city centre

B A K E W E L L M E W S

Buxton, Derbyshire

T R E N T H O U S E

Newark, Nottinghamshire

P R O S P E R I T Y G R O U P L O M B A R D H O U S E

30 31

We strive to ensure that our clients receive the

very best experience when investing in a

Prosperity product. With over 57% of our clients

going on to buy a second property after two

years, that’s a great sign we’re getting it right.

S E V E R N H O U S E

Birmingham city centre

M O S E L E Y G A R D E N S

Birmingham city centre

C H A R T W E L L P L A Z A

Southend on Sea, Essex

SoldSoldSoldSold

V A R I T Y H O U S E

Peterborough, Cambridge

All builds complete

All builds complete

All builds complete

K E Y H I L L

Birmingham city centre

Page 17: Lombard House - Prosperity Wealth · Newark & Sherwood district is home to more than 8,000 businesses and has been recognised as a Growth Point by the UK Government. There is strong

I N F O @ P R O S P E R I T Y - W E A L T H . C O . U K

T O D I S C U S S A N I N V E S T M E N TT O D I S C U S S A N I N V E S T M E N T

P L E A S E C O N T A C T U SP L E A S E C O N T A C T U S

UK

+44 (0) 845 676 9799

JQ1, 32 George St, Birmingham B3 1QG

Malaysia

+ (60) 10 549 4602

Menara UOA Bangsar, 59000 KL

Hong Kong

+852 2824 8453

66/F The Center,

99 Queen’s Road Central, Hong Kong

Dubai

+ (971) 4311 6928

The Fairmont, Sheikh Zayed Rd,

Dubai, UAE PO Box 73310

LombardHouse


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