SOUTHSIDE - prosperity-wealth.co.uk · new in ifl anl od vices & storage atrium area courtyard 50...

S O U T H S I D EI L K E S TO N , D E R B Y S H I R E

THE PROPERTY 04

THE LOCATION 08

FLOOR PLANS 16

THE INVESTMENT 24

3

Nottingham Council House

SOUTHSIDE

WELCOME TO

PROSPERITYFounded in 2007, 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, surrounding provinces,

with numerous developments built complete across key city centre locations. 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, though unique purchase payment options.

OFFICE LOCATIONSWith the majority of the team based at

our Birmingham office HQ, we also have

offices in Dubai, Hong Kong and Malaysia

3 YEARS FROM NOWWe’re on track to have delivered over

£1 billion of residential property.

WHO WE AREBirmingham based developers, building

and delivering desirable homes and

offering an innovative buy-to-let

proposition to the home market and

private investor.

OUR TEAMOver 30 strong and all passionate about

Property; working with the very best

industry professionals and funders to

deliver our projects.

OUR DEVELOPMENTSLocated throughout the UK where

rental demand and yields are high,

within areas of sustained high

employment.

CURRENT PORTFOLIO A residential and commercial

portfolio including 22 substantial

new build and conversion projects

with a GDV of £164 million.

CURRENT PROJECTS16 developments delivering over

1,200 residential homes and 8

commercial units.

FACILITATION BUSINESSES WITHIN THE PROSPERITY GROUPOur own fully regulated mortgage

division, Verve provides all round

borrowing solutions to our clients.

We also have a sales, letting and

management agency Lamont Estates,

who offer Prosperity owners a full

lettings and management solution.

S O U T H S I D E A selection of 66 luxury one and two bedroom apartments in the heart of Ilkeston town centre

T H E P R O P E R T Y

5SOUTHSIDE

Image Indicative of Southside

Image indicative of open plan living area

7SOUTHSIDE

Image indicative of bathroom Image indicative of bedroom

Image indicative of kitchen

All homes will offer a contemporary open plan living and dining space with oversized windows

(where possible) ensuring maximum natural light. With hard wood veneer floors and stainless steel

sockets throughout, these high grade specifications combined with custom built kitchens, integral

appliances and stylish bathroom designs come as standard for Prosperity clients, offering a home

with style, luxury and comfort.

KITCHENLIGHTING l OVEN l COOKER TOP

RANGE HOOD l CUPBOARDS l WORKTOPS

SPLASHBACK l ONE & A HALF SINK l MIXER TAP

BATHROOMLIGHTING l TOILET l VANITY UNIT l BASIN

BASIN MIXER TAP l SHOWER ROSE

SHOWER SHELF l TOWEL RAIL

THE FINISHING TOUCHES

66 APARTMENTS

£86,995ONE BED STARTING PRICE

£106,995TWO BED STARTING PRICE

Choice of PAYMENT PLANS

I T ’ S A L L A B O U T T H E

R E A S O N S T O L O V E D E R B Y S H I R E

9SOUTHSIDE

WHY INVEST IN

DERBYAs the UK’s most central city, Derby’s strategic location has earned it a place in

the ‘Top 25 European Cities Overall’, alongside major cities such as London (1st)

Berlin (8th) and Paris (16th.) It was one of only 8 UK cities to make the list.

Significant regeneration, close proximity to Nottingham and a thriving social

and cultural scene all make it a key contender for students, commuters and

young families - all migrating to a region offering entertainment, culture, great

shopping and highly regarded secondary and grammar schools.

Derby has a rising population of 250,000, yet the 25-34 year old sector

has seen the most significant growth. More young professionals than ever

are moving to the region, drawn by attractive job prospects and affordable

living. Automotive powerhouses such as Rolls-Royce and Toyota have long

since made their home in Derby, also attracting high numbers of engineering

students to live and study in the area. The University of Derby is more than

equipped, ranked the UK’s second most recommended modern university in

the International Student Barometer 2016 and its International Student Centre,

fifth across the world. Home to over 26,000 students, the city delivers a thriving

social and cultural scene to this buoyant, youthful population.

11

The Peak District National Park

Derby CathedralThe Quad

invested in the city since 2005 and

a further £2.3 billion in the pipeline

for the next five years.

89 minutes

Education

EastMidlands

from London St Pancras with 35

direct, daily train services.

Derby Arena

East Midlands Airport is only a

20 minute drive from Derby City

Centre, the UK’s number one pure

freight hub.

£3.7 billion

SOUTHSIDE

Population expected to grow by

9.45% by 2028, with 21,300 new

jobs being created and 2000 new

city centre homes in the pipeline.

Schools for all ages deliver the

most dramatic and sustainable

improvements in pupil

performance in the UK.

13SOUTHSIDE

T H E M A R K E T T O W N

Located in the centre of England between Nottingham and Derby, Ilkeston is located at Junction 25 of the M1 motorway. Ilkeston town has become a key location for corporate tenants and professionals from local employees Rolls Royce, Tarmac, Toyota & Bombardier.

I L K E S T O N

15SOUTHSIDE

INTRODUCING

ILKESTONThe South Derbyshire town of Ilkeston is located 10 miles east of Derby and 8 miles west of

Nottingham. Our South Side development is conveniently situated in the heart of Ilkeston

town centre, directly opposite the Town Hall on the junctions of South Street, Wharncliffe

Road and Market Place.

The development will comprise 66 one and two bed luxury apartments across three

phases, offering a host of shops, bars and restaurants within walking distance, as well as

sporting facilities including an 18 hole golf course.

Market Square, Ilkeston

Nearby cities of Sheffield, Nottinghamand Derby can all be accessed in underan hour, making Ilkeston an excellent commuter base.

RUTLAND SPORTS PARK

SUPERMARKET

ILKESTONTRAIN STATION

DERBY COLLEGEILKESTON CAMPUS

S O U T HS I D E

NOTTINGHAM8 MILES

DERBY10 MILES

SHEFFIELD45 MILES

BIRMINGHAM57 MILES

Ilkeston Town Hall

CGI of Southside Development

Floor PlansFIRST FLOOR

17SOUTHSIDE

PHASE TWO4 PROPOSED ADDITIONAL APARTMENTS ( A - D )

PHASE TWO11 APARTMENTS

PHASE ONE18 APARTMENTS

STAIRS & CIRCULATION

AS ORIGINAL PLANNINGCONSENT ERE/0916/0042

TOTAL OF 29 APARTMENTS

■ UNIT 1 72m2 1 BEDROOM





























■ UNIT A 80m2 2 BEDROOM

■ UNIT B 42m2 1 BEDROOM

■ UNIT C 44m2 1 BEDROOM

■ UNIT D 45m2 1 BEDROOM

STAIR 1

44434240

41sink

DESILITU TON AERA

GNINID / NEHCTIK / GNIVIL

FD30 2 MOORDEB

UP

ckr

HALL

ckr

sink BEDROOM

MRHTAB

basinwc

FD30

cyl

WS6

WS1WS2WS3

WS4WS5

WS7

thgilfoor elbanepofor ventilation

FD30


AERA FOOR GNITSIXE

sinksink

sinkNEHCTIK / GNIVIL

GNINID

FD30

03DF

FD30S

BATHRM HALL

NEHCTIK / GNIVILDINING

NEHCTIK / GNIVILGNINID

MRHTAB

FD30

HALLBATHRM HALL

FD30 FD30

column

SPETS GNITSIXE

UP

RENAELC107.89

107.90INFILL EXISTINGACCESS

SSECCA

UP

DESILITU TON SSECCA

107.90 41.701UP

DESILITU TON AERA

LANDING

GNIDNALSTAIR 4

CONCRETE

UP

GNINEPO PU KCOLB

FD30S S03DF

FD30

BATHRM

cyl

ENSUITE

FD30S

LLAH

1 MOORDEB


03DF

FD30

shwr

39 bath

MRHTAB

LLAHFD30

FD30

FD30


ckr

sink

FD30S

FD30S

cyl

cw

BEDROOM

38


HALL


NEW STEPS

sink

ckr

KITCHEN

34

bath

LOBBY

HALL

BATHRM

GNINID / GNIVIL

2 MOORDEB

FD30S

FD30SFD30

03DF

FD30

cyl

wc

basin

FD30

BEDROOM 1

CONCRETE FLOOR

SERVICERISER

FD30S

bath

FD30

sink

FD30

FD30cyl

BATHRM

ckr

35NEHCTIK / GNIVIL

GNINID

HALL

HALL03DFFD30S

FD30FD30

cyl

MRHTAB

bath

wcsink ckr

36


bath

FD30staoc

MOORHTAB

LLAH S03DF

knis ckr

FD30

FD30

37

FD30SVP

FD30S

SSECCA

DESILITU TON AERA

ACCESS

FD30SPV

FD30SVP

ACCESS TOSTAIRS 3

ckr

sink

SDOOGLIFT

MOORDEB

MOORDEB

bath

MRHTAB


openable rooflightnoitalitnev rof

FD30

FD30

FD30

33GNINID / NEHCTIK / GNIVIL

HALL

cylFD30

FD30S


FD30

FD30

cyl

bath

MRHTABsink

ckr


S03DF FD30S

lyc

FD30

FD30

FD30FD30

HALL HALL


sink

ckr

bath

BATHRM


MOORDEB MOORDEB

cyl

bath

MRHTAB

openable rooflightnoitalitnev rof

MOORDEBFD30

FD30

FD30S

HALL

sink


03DF

cyl

SSECCA

NOITITRAP LLIFNI WEN

ROOD ERIF WEN

INFILLLOBBY

NEW INFILL

LLIFNI WEN

STAIR 3 BELOW


S03DFVP

FD30S

cyl cyl cyl


sink ckr

BEDROOM

03DF

FD30 FD30

cyl

FD30S

BATHROOM

WF11

WF12

WF13

41FW

51FW

WF16

WF17

WF18

WF8

WF9

01FW

WF20

WF22

WF23

42FW

WF25 WF26 WF27 WF28

WF19

WF21

WF29 WF30

YLNO TIXE YCNEGREMEHCTAL CINAP AIV

FD30S

thgilfoor elbaneponoitalitnev rof

MOORDEB


BEDROOM


BEDROOM


ECNARTNE / ESACRIATS NIAM

YBBOL

AERA YBBOL

TFIL TNEDISER

SSECCA

HALL

BATHROOM

BEDROOMNEHCTIK / GNIVIL

DINING

ACCESS

54

58

ACCESS

61 60 59

ACCESS

ACCESS

PHASE ONE

PHASE TWO

15 APARTMENTS

23 APARTMENTS

ROOF TERRACE

LIFT

EXISTING SERVICECORE

STAIR 8

) YEVRUS WEN REDNU DESSESSA EB OT SLIATED (

YBBOL WEN

TFAHS TFIL REMROF

STAIR 6

GOODS LIFT

STAIR 5

MOORDEB MOORDEB

MRHTAB

BATHRM

BEDROOM





knissink

MOORDEB

MRHTAB

sink

MRHTAB

sink

GNINEPO WEN MROF

INFILL

NEW INFILL WALL

DESILITU TON AERA

LLIFNI WEN

SECIVRES SDROLDNALEGAROTS &

ATRIUM AREA

COURTYARD

BEDROOM

50NEHCTIK / GNIVIL

DINING

MOORHTAB

MOORDEBNEHCTIK / GNIVIL

GNINIDMOORDEB

MOORHTAB

MOORDEBNEHCTIK / GNIVIL

GNINIDMOORDEB

HALL

HALL

HALL

HALL

MOORDEBMOORDEB

MOORDEBMOORDEB

MOORHTAB

BATHROOM


51

52

53

ACCESSTOSTAIR 7

FIRE EXIT


MOORDEB

MOORDEB

MOORHTABHALL

MOORHTAB

MOORDEB

MOORDEB

MOORHTABHALL HALL

MOORDEB

MOORDEB

GNINID / NEHCTIK / GNIVIL GNINID / NEHCTIK / GNIVIL

POTENTIAL STORAGE AREA / OR GYMNASIUM

ROOFROOF

ROOF

FOOR TALFBEDROOM

BEDROOM

NEHCTIK / GNIVIL

GNINIDBATHRM

HALL

sink


65

MOORDEB

HALL

MRHTAB


64

BEDROOM MOORHTAB

LLAH


63

MOORHTAB

MOORDEBLLAH

MOORDEBMOORDEB


62

BATHRM

HALL

66

MOORDEB

BATHROOM

MOORDEBLLAH



MOORDEB

LLAH

MOORDEBMRHTAB

HALL


55


56

BEDROOM

LLAH

MRHTABMRHTAB

BEDROOM

HALL NEHCTIK / GNIVILGNINID

57

MRHTAB

SSECCA

NEHCTIK / GNIVILGNINIDMOORDEB

BEDROOM

HALL

MRHTAB

BEDROOM

LLAH

MOORHTAB


ACCESS

STAIRS & CIRCULATION

F

E

PHASE TWO3 PROPOSED ADDITIONAL APARTMENTS ( E - G )

ORIGINAL APARTMENT No. 55 HAS BEEN LOST DUETO MAINTAINING ACCESS TO STAIRCASE No. 7

APARTMENT Nos. AND LAYOUTS AMENDEDTO TAKE ACCOUNT OF :-

a ) LOSS OF ORIGINAL APARTMENT No. 55&b ) INTENTION TO RETAIN EXISTING ROOF WITH USE OF NEW VELUX ROOFLIGHTS

ORIGINAL APARTMENT No. 63 HAS BEEN LOST DUETO THE RETENTION OF EXISTING STAIRCASE No. 8THAT PROVIDES FIRE EXIT ROUTE & ACCESS TOCAR PARK

APARTMENT Nos. AND LAYOUTS AMENDEDTO TAKE ACCOUNT OF :-

a ) LOSS OF ORIGINAL APARTMENT No. 63&b ) INTENTION TO RETAIN EXISTING ROOF WITH USE OF NEW VELUX ROOFLIGHTS

APARTMENT No. 45 RECONFIGURED TO CREATEADDITIONAL APARTMENT REF : E

ADDITIONAL APARTMENT REF : G CREATEDWITH ACCESS TO ROOF TERRACE

2 LESS THAN ORIGINAL 40GRANTED UNDER PLANNING

CONSENT ERE/0916/0042

TOTAL OF 38 APARTMENTS

EXISTING ROOFSCAPE & FEATURE GABLETSTO BE MAINTAINED UNDER THIS PROPOSAL,RATHER THAN EXTERNAL WALL INCREASEDIN HEIGHT WITH INTRODUCTION OF FLATROOF, AS ORIGINALLY INTENDED SCHEME.

EXISTING ROOFSCAPE IS MAINTAINED UNDERPROPOSAL, RATHER THAN EXTERNAL WALLINCREASED IN HEIGHT WITH INTRODUCTIONOF FLAT ROOF, AS ORIGINALLY INTENDED.

SECTION SECTION

AERA DEPACSNAL

AERA DEPACSNAL

DIOV

sink


MOORDEB

SERVICES

MRHTABG

S O U T H S T R E E T

W H

A R N

C L I F F E R

O A D

45 46 4748

49

19SOUTHSIDE

Floor PlansSECOND FLOOR






































■ UNIT E 63m2 1 BEDROOM

■ UNIT F 170m2 2 BEDROOM

■ UNIT G 63m2 2 BEDROOM

C H O O S E YO U R P E R F E C T

P AY M E N T P L A N S D E S I G N E D W I T H Y O U I N M I N D

21SOUTHSIDE

23SOUTHSIDE

Payment Plan 01

M O N T H L Y & M O R T G A G E P L A N

SUMMARY - 1 BED APARTMENT GBP Purchase Price £86,995.00

Legal Fees (estimated total costs excluding disbursements) £850.00

Total Amount Due £87,845.00

RESERVATION PAYMENT STAGE

Prosperity Reservation Deposit 5% £4,349.75

Legal Fees £850.00

Reservation / Exchange stage total due £5,199.75

MONTHLY PAYMENT STAGE £26,098.50

Deposit divided by 18 month build schedule £1,449.92 x 18

COMPLETION STAGE

Balance payment - by way of mortgage or cash £56,546.75

Mortgage arrangement fee if applicable (estimated) £995.00

Stamp Duty (estimated) £2,609.00

Amount due at Completion Stage £60,150.75

INCOME

Estimated Gross Rental Income Per month £495.00 / Per annum £5,940.00

Estimate Yield based on above 6.83%

EXPENSES

Service Charge (estimated) £900.00

Ground Rent (estimated) £250.00

Tenant Management Fees @ 12% + vat £855.36

Total Expenses* Per month £167.11 / Per annum £2,005.36

INCOME NET OF EXPENSES PER MONTH £327.89 / PER ANNUM £3,934.64 * + Letting & Setup Fees

Pay a 5% initial payment towards your deposit plus £850 legal fees. Your deposit is then divided by the number of build term months and paid on a monthly basis. 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.

Payment Plan 02

T H E Q U A R T E R L Y P U R C H A S E P L A N

SUMMARY - 1 BED APARTMENT GBP Purchase Price £86,995.00

Legal Fees (estimated total costs excluding disbursements) £850.00

Total Amount Due £87,845.00

RESERVATION STAGE

Prosperity Reservation Deposit 5% £4,349.75

Legal Fees £850.00

Reservation / Exchange stage total due £5,199.75

PAYMENT STAGES

1 Stage Q1 £13,774.21

2 Stage Q2 £13,774.21

3 Stage Q3 £13,774.21

4 Stage Q4 £13,774.21

5 Stage Q5 £13,774.21

6 Stage Q6 £13,774.21

INCOME

Estimated Gross Rental Income Per month £495.00 / Per annum £5,940.00

Estimated Gross Rental Yield based on above 6.83%

EXPENSES

Service Charge (estimated) £900.00

Ground Rent (estimated) £250.00

Tenant Management Fees @ 12% + vat £855.36

Total Expenses* Per month £167.11 / Per annum £2,005.36

INCOME NET OF EXPENSES PER MONTH £327.89 / PER ANNUM £3,934.64 * + Letting & Setup Fees

An innovative, ‘fully asset-backed’ savings plan that presents an appealing alternative to the traditional savings plan.

Pay 6 payments of 15.8% across the scheduled build period - at build completion you can either retain the property and receive the rental income for life, or look to sell the property in the open market.

What’s in it for me?

W H Y I N V E S T I N P R O S P E R I T Y ?

3Totally standard UK properties in desirable owner occupier locations, fully managed and providing the best yields with capital appreciation over the long term UK property at institutional prices i.e. accessing individual discounted property at fund manager prices Deposits payable monthly over two years with no lump sum required - the only property pension plan of this type on the market today

A complete hands-off property investment, as we are geared up to manage the whole process from start to finish and post completion

Mortgages, 100% covered by rental assurance plans from completion Strong yields

Properties starting from just 24 payments of £1,112.44, followed by rental income

PROSPERITY DO NOT OFFER:

Student accommodationHotel apartmentsAny kind of collective investment or fund

3

3

3

3

3

3

“I always enjoy working with Prosperity. From a time management point of view, the fact that all cost and letting management issues are organised as part of the packageis a major bonus for me. I’ve bought numerous properties from Prosperity, and shall

continue to do so.”

Simon Browne - Logistics Director, GSK

“I required lots of detailed information in order to make my decision - all of which I received in a concise and accurate manner. Completion went very smoothly as did letting management. I have recommended Prosperity’s services to other sporting

professionals within my organisation”

Cyrille Regis - MBE

7

“I feel confident and assured that this income producing asset was the right decision for my pension. I have no hesitation in recommending Joe as a knowledgeable, passionate advisor who gives his clients an

individual service.

Meino Meines - Head of Dutch Stream Panaga school, Brunei

25SOUTHSIDE

LAMONT ASSET MANAGEMENT PROVIDES THE FINAL

PIECE IN AN END TO END SOLUTION FOR OUR

INVESTOR BUYERS. WE DELIVER A SPECIALIST LETTINGS

AND MANAGEMENT SOLUTION AND OFFER A LEVEL

OF RENTAL PROTECTION UNIQUE TO THE MARKET FOR

A PACKAGED PRODUCT. EXCLUSIVE TO PROSPERITY

CLIENTS, WE HAVE CREATED A ‘RENTAL ASSURANCE

INVESTOR PACKAGE’ INCLUDING:

• RENTAL AND LEGAL PROTECTION*

• TENANT MANAGEMENT FEES FROM 8%**

• UNIQUE SECURE ONLINE LANDLORD TRACKER

R E N T A L A S S U R A N C E

RENT & LEGAL PROTECTION***

Lamont & Co facilitate insurance that will protect you in the event that a tenant fails to pay the rent and that will cover you for any associated legal costs of eviction.

Working in the industry for over 25 years, Lamont Asset Management offer a totally independent solution, managing properties all over the UK. We also handle every aspect of the property’s management including maintenance, tenant liaison and administration. All clients are allocated a specific account manager, ensuring a single point of contact from the start. Every tenant is subject to stringent industry standard checks with DPS protected deposits in place across all tenancy agreements.

* No excess for 5 years

** Plus setup fees & VAT *** Subject to Standard Terms & Conditions

RENTAL & LEGAL

PROTECTION

2727

Castle CourtDUDLEY, WEST MIDLANDS

Chartwell PlazaSOUTHEND ON SEA, ESSEX

SOLDOUT

Prosperity HouseDERBY CITY CENTRE

The PinnacleSOUTHEND ON SEA, ESSEX

Priestgate HousePETERBOROUGH, CAMBRIDGE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

SOLDOUT

Our recent

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

Bentley CourtKEIGHLEY, WEST YORKSHIRE

Beckett HouseDERBY CITY CENTRE

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.

Trent HouseNEWARK, NOTTINGHAMSHIRE

St Paul’s PlaceBIRMINGHAM CITY CENTRE

Orton PlazaPETERBOROUGH, CAMBRIDGE

Parkwood CourtKEIGHLEY, WEST YORKSHIRE

Godfrey ParadeNEWARK, NOTTINGHAMSHIRE

JQ1BIRMINGHAM CITY CENTRE

Key HillBIRMINGHAM CITY CENTRE

Varity HousePETERBOROUGH, CAMBRIDGE

Bakewell MewsBUXTON, DERBYSHIRE

Victoria MillDRAYCOTT, DERBYSHIRE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

BUILDCOMPLETE

27SOUTHSIDE

Tameway PlazaWALSALL, WEST MIDLANDS

UNITSAVAILABLE

B5 Kent StreetBIRMINGHAM CITY CENTRE

SOLDOUT

B1 Edward StreetBIRMINGHAM CITY CENTRE

BUILDCOMPLETE

C O N T A C T U SFor more information or to discuss your investment

please contact the Prosperity team

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 ROAD DUBAI, UAE PO BOX 73310

[email protected]

29SOUTHSIDE

Derby Cathedral

U N I T 1 J Q 1 | 3 2 G E O R G E S T R E E T | B I R M I N G H A M | B 3 1 Q G | U K

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

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