Smithfield Place

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B I R M I N G H A M


PROSPERITY GROUP

THE HEART OF LIVING

EST. 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 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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PROSPERITY GROUP

SMITHFIELD PLACE

MODERN LIFE Everything’s in the detail DYNAMIC A residential and commercial portfolio including 28 substantial new build and conversion projects with a GDV of over £300 million.

COMPREHENSIVE 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

DEDICATED Over 30 strong and all passionate about property; our team work with the very best industry professionals to deliver our projects.

ENTERPRISING We’re on track to deliver over £1 billion of residential property within the next 5 years.


THE DEVELOPMENT


PROSPERITY GROUP

THE DEVELOPMENT

A contemporary selection of 148 one, two and three bedroom modern and sustainable luxury city centre apartments

SMITHFIELD PLACE


PROSPERITY GROUP

SMITHFIELD PLACE

PERFECTLY PL ACED

DETAILS

From a high end retail experience to the business district, there is no better location within the city to enjoy so much variety right on the doorstep.

148 A PA R T M E N T S

£159,995 ONE BED S TA R T I N G P R I C E

£219,995 TWO BED S TA R T I N G P R I C E

£294,995 CHOICE OF PAYMENT PLANS IMAGE INDICATIVE OF SMITHFIELD PLACE

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11

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


SMITHFIELD PLACE

1 SIGNATURE STYLE This signature style has been developed and nurtured by a panel of top industry professionals to produce aspirational city living within a profitable and sustainable investment vehicle.

2 DISTINCTIVE

DESIGN MATTERS

S I G N AT U R E LIVING

Signature Living can be instantly recognised with its distinctive style and character including contemporary open plan living and dining space with oversized windows (where possible) ensuring maximum natural light.

3 BESPOKE Hard wood veneer floors and stainless steel sockets, custom built kitchens, integral appliances and stylish bathroom suites come as standard, offering homes with style, luxury and comfort.

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

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T H E LO CAT I O N


P R O SLPOE C RA I TTYI OGNR O U P

SS M M II TT H H FF II EE LL D D P S LQAUCAER E

ECONOMY

A city of 1,000 trades and a wealth of opportunities BIRMINGHAM

L O C AT I O N IS EVERYTHING

16

Birmingham is not only the UK’s largest city outside London, but also one of the country’s biggest financial centres. The relocation of multi national institutions such as Deutsche Bank and HSBC will increase the number of affluent professionals making their home here. The diversity of the city’s economy is supported by its reputation as a hub for creative industries and it is among the UK’s fastest growing centres for digital media ventures. There is a wealth of opportunities for companies seeking to expand or invest in Birmingham. The city has exceptional connections to local, national and international destinations. It lies at the heart of the UK’s road network and boasts an international airport serving 9 million passengers per year to 140 direct and scheduled charter routes. The proposed HS2 rail link will potentially cut travel time between Birmingham and London to under 50 minutes.

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PROSPERITY GROUP

SMITHFIELD PLACE

SHOPPING

£600m THE HIGHLIGHTS

reasons to invest

A £600million makeover of New Street Station was unveiled in September 2015, complete with the launch of Grand Central shopping mall, where John Lewis is the anchor tenant. This is the third shopping destination in Birmingham’s portfolio which includes The Mailbox, home to luxury brands such as Harvey Nichols, Armani and a Malmaison Hotel and The Bullring where high street favourites can be found, alongside the iconic department store Selfridges.

CONNECTIVITY

HS2

ECONOMIC HUB

£90 Billion

rail network will bring the capital even closer at 45 mins, and will welcome an estimated £1.5bn and 22,000 jobs to the region. Alongside this, Birmingham International Airport sits just 5 miles south-east of the city centre with a choice of over 400 direct or one-stop flights across the world

Leading European business destination with regional economy of over £90 billion

TALENT POOL

73,000 5 universities with over 73,000 UK and overseas students choosing Birmingham as their place to study and build careers

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THE DEVELOPMENT


PROSPERITY GROUP

SMITHFIELD PLACE

THE VISION

A modern Lifest yle 22

Birmingham Smithfield sits within a part of the city that continues to experience huge transformation. Major developments, significant transport infrastructure and vibrant communities are all clustered within walking distance of the site. In creating Birmingham Smithfield, this vibrancy and growth will be capitalised on to deliver a dynamic, thriving and successful destination

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PROSPERITY GROUP

SMITHFIELD PLACE

HERITAGE

A shared heritage

History making

24

Smithfield Place was originally home to Birmingham’s wholesale food markets which date from 1166. These markets provided the first impetus to the growth of Birmingham as a commercial town - they are pivotal to the history of the city. Our vision is to harness this great heritage to shape a new urban district, equipped with everything aspiring professionals, go-getters, creatives and cultural devotees will ever need.

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PROSPERITY GROUP

SMITHFIELD PLACE

URBAN REGENERATION

PEOPLE AT HEART

next generation 26

A radical vision for revolutionising the city landscape Birmingham Smithfield will become part of the city’s exciting growth agenda that will see 2000 new homes, 100,000 new jobs and billions of pounds worth of investment in infrastructure. This growth will continue to strengthen the city’s national and international standing, placing it at the heart of an economic renaissance of the Midlands. It will drive opportunities for the city’s economy creating new cultural and leisure attractions, vibrant retail markets and space for start-ups, small businesses and entrepreneurs.

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SMITHFIELD PLACE

© Crown Copyright. Unauthorised reproduction infringes Crown Copyright and may lead to prosecution or civil proceedings. Birmingham City Council. Licence number 100021326, 2018.


PROSPERITY GROUP

SMITHFIELD PLACE

ON YOUR DOORSTEP

out n about

MODERN LIFE

A world of choice Smithfield Place will offer the very best of everything. From high-end fashion and Michelin starred restaurants to the business district, there is no better location to enjoy so much variety right on your doorstep. Just minutes from the development is the famous Bullring with its iconic flagship Selfridges store. The complex hosts a range of retailers as well as a fantastic collection of bars and restaurants.

AMENITIES

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1. The Bullring 2. New St Station / Grand Central

11 9 8

3. Moor Street Station 4. O2 Academy 5. Hippodrome Theatre

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7. International Convention Centre 8. Brindleyplace 9. National Sealife Centre 10. Barclaycard Arena 11. Colmore Business District 12. Birmingham Children’s Hospital 13. Snowhill Station

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3

2

1

6 4

6. The Mailbox

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PROSPERITY GROUP

SMITHFIELD PLACE

2

4

3

URBAN PLANNING

ME

1

M

A connected city

O

TR

TO

2

HS

SMITHFIELD PLACE

Metro Expansion

M The Smithfield Masterplan will radically improve accessibility, reconnecting the site to Birmingham centre and beyond via an integrated public transport network.

OA RO T

MET RT

IRPO

Capitalising on the city’s already established assets, the overarching vision for Birmingham Smithfield will be of a sustainable, green and inclusive place that has people at the heart of a zero carbon development. Travel will be made convenient and hassle free by the enhancement of walking, cycling and public transport systems, all central to the transformation of the area. A two minute ride on the Midland Metro tram will take Smithfield Place residents to the HS2 terminus station at Birmingham Curzon Street, where eventually a journey onto London will be made in just 49 minutes. The reconnection of Bromsgrove Street, linking east to west, will further improve access with dedicated green bus and sprint routes serving the markets and leisure attractions.

Site boundaries New City Metro Line Rail Connections Main Station New City Metro Line Smithfield Market Square

Metro Expansion

New Street Station Moor Street Station HS2 Terminal Metro Stop

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SMITHFIELD SQUARE

F L O O R P L A N S


PROSPERITY GROUP

SMITHFIELD PLACE

GROUND FLOOR

1ST FLOOR

Commercial Units 01 - 03

Unit 1.01 - 1.24 1, 2 & 3 Bedroom Apartments

■ Unit 01

■ U nit 1.01 42.0 m2 1 Bedroom

nit 1.07 60.3 m2 ■ U 2 Bedroom

1.13 75.9 m 2 ■ Unit 2 Bedroom

nit 1.19 49.9 m2 ■ U 1 Bedroom

■ Unit 02

■ U nit 1.02 39.7 m2 1 Bedroom

■ U nit 1.08 60.3 m2 2 Bedroom

■ U nit 1.14 53.3 m2 1 Bedroom

■ U nit 1.20 49.9 m2 1 Bedroom

■ Unit 03

■ U nit 1.03 60.3 m2 2 Bedroom

■ U nit 1.09 60.3 m2 2 Bedroom

■ U nit 1.15 61.7 m2 2 Bedroom

■ U nit 1.21 49.9 m2 1 Bedroom

■ U nit 1.04 60.3 m2 2 Bedroom

■ U nit 1.10 60.3 m2 2 Bedroom

■ Unit 1.16 60.3 m2 2 Bedroom

■ U nit 1.22 49.9 m2 1 Bedroom

■ U nit 1.05 60.3 m2 2 Bedroom

■ U nit 1.11 60.3 m2 2 Bedroom

■ U nit 1.17 49.9 m2 1 Bedroom

■ U nit 1.23 39.7 m2 1 Bedroom

■ U nit 1.06 60.3 m2 2 Bedroom

■ U nit 1.12 74.9 m2 3 Bedroom

■ U nit 1.18 49.9 m2 1 Bedroom

■ U nit 1.24 53.8 m2 1 Bedroom

HIU

1 Bedroom

HIU WM

WM

HIU

plant

WM

300 to 325

1.03

1.02

1.01 residential entrance

1.04 WM

HIU

HIU

2 Bedroom

refuse / recycling

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3 Bedroom

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1.05

1.23

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COMMERCIAL UNIT 03

HIU

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1.24

1.06 WM

HIU

34

1.22 WM HIU

1.21

HIU WM

1.07 1.20 WM

HIU

WM HIU

1.08 HIU WM

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s

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1.18 WM HIU

1.17

COMMERCIAL UNIT 02

1.09

HIU WM

WM

HIU

1.10 HIU

WM

WM

HIU

1.16

29

29

1.15

1.12

WM

31 30

WM

HIU

HIU

31 30

41

W

WM

36

32

1.11

HIU

WM

1.14

38

37 37

32

HIU

37

residential entrance

Works 25 to 28

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COMMERCIAL UNIT 01

38

s ork

cycle storage

Works

s ork

Works

Works 25 to 28

41

HIU

1.19

WM

33

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main vehicle entrance

1.13


PROSPERITY GROUP

SMITHFIELD PLACE

2ND FLOOR

3RD FLOOR

Unit 2.01 - 2.24 1, 2 & 3 Bedroom Apartments

Unit 3.01 - 3.24 1, 2 & 3 Bedroom Apartments

■ U nit 2.01 42.0 m2 1 Bedroom

nit 2.07 60.3 m2 ■ U 2 Bedroom

2.13 75.9 m2 ■ Unit 2 Bedroom

nit 2.19 49.9 m2 ■ U 1 Bedroom

■ U nit 3.01 42.0 m2 1 Bedroom

nit 3.07 60.3 m2 ■ U 2 Bedroom

3.13 75.9 m 2 ■ Unit 2 Bedroom

nit 3.19 49.9 m 2 ■ U 1 Bedroom

■ U nit 2.02 39.7 m2 1 Bedroom

■ U nit 2.08 60.3 m2 2 Bedroom

■ U nit 2.14 53.3 m2 1 Bedroom

■ U nit 2.20 49.9 m2 1 Bedroom

■ U nit 3.02 39.7 m2 1 Bedroom

■ U nit 3.08 60.3 m2 2 Bedroom

■ U nit 3.14 53.3 m2 1 Bedroom

■ U nit 3.20 49.9 m2 1 Bedroom

■ U nit 2.03 60.3 m2 2 Bedroom

■ U nit 2.09 60.3 m2 2 Bedroom

■ U nit 2.15 61.7 m2 2 Bedroom

■ U nit 2.21 49.9 m2 1 Bedroom

■ U nit 3.03 60.3 m2 2 Bedroom

■ U nit 3.09 60.3 m2 2 Bedroom

■ U nit 3.15 61.7 m2 2 Bedroom

■ U nit 3.21 49.9 m2 1 Bedroom

■ U nit 2.04 60.3 m2 2 Bedroom

■ U nit 2.10 60.3 m2 2 Bedroom

■ Unit 2.16 80.9 m2 3 Bedroom

■ U nit 2.22 49.9 m2 1 Bedroom

■ U nit 3.04 60.3 m2 2 Bedroom

■ U nit 3.10 60.3 m2 2 Bedroom

■ Unit 3.16 80.9 m2 3 Bedroom

■ U nit 3.22 49.9 m2 1 Bedroom

■ U nit 2.05 60.3 m2 2 Bedroom

■ U nit 2.11 60.3 m2 2 Bedroom

■ U nit 2.17 49.9 m2 1 Bedroom

■ U nit 2.23 39.7 m2 1 Bedroom

■ U nit 3.05 60.3 m2 2 Bedroom

■ U nit 3.11 60.3 m2 2 Bedroom

■ U nit 3.17 49.9 m2 1 Bedroom

■ U nit 3.23 39.7 m2 1 Bedroom

■ U nit 2.06 60.3 m2 2 Bedroom

■ U nit 2.12 74.9 m2 3 Bedroom

■ U nit 2.18 49.9 m2 1 Bedroom

■ U nit 2.24 73.3 m2 2 Bedroom

■ U nit 3.06 60.3 m2 2 Bedroom

■ U nit 3.12 74.9 m2 3 Bedroom

■ U nit 3.18 49.9 m2 1 Bedroom

■ U nit 3.24 73.3 m2 2 Bedroom

HIU

WM

HIU

2.24

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WM HIU

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2.06

3.06 WM

HIU

HIU

2.21

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34

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3.22

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2.22

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3.23

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2.23

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3 Bedroom

HIU

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3.24

2 Bedroom

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HIU

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HIU

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3 Bedroom

WM

3.04

HIU

2 Bedroom

HIU

HIU

WM

HIU

2.04

WM

HIU

WM

3.03

3.02

3.01

300 to 325

1 Bedroom

HIU

WM

300 to 325

1 Bedroom

2.03

2.02

2.01

WM HIU

3.21

HIU WM

HIU WM

2.07

3.07

2.20

3.20 WM

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2.18 WM HIU

2.17

2.09

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3.18 WM HIU

3.17

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3.09

HIU WM

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HIU

WM

HIU

2.10

3.10 WM

HIU

WM

3.16

HIU

2.16

HIU

WM

HIU

WM

29

38

32

41

3.12

HIU

HIU

31 30

37

2.13

3.15 WM

HIU

WM

3.14

38

37 39

32

3.13

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31 30

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HIU

2.14

W

WM

HIU

3.11

HIU

2.12

HIU

Works 25 to 28

2.15 WM

Works

WM

W

WM

38

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2.11

HIU

Works 25 to 28

Works

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29

41

3.08 HIU HIU

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3.19

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2.19

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33

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PROSPERITY GROUP

SMITHFIELD PLACE

4TH FLOOR

5TH FLOOR

Unit 4.01 - 4.24 1, 2 & 3 Bedroom Apartments

Unit 5.01 - 5.24 1, 2 & 3 Bedroom Apartments

■ U nit 4.01 42.0 m 2 1 Bedroom

nit 4.07 60.3 m2 ■ U 2 Bedroom

4.13 75.9 m2 ■ Unit 2 Bedroom

nit 4.19 49.9 m2 ■ U 1 Bedroom

■ U nit 5.01 42.0 m2 1 Bedroom

nit 5.07 60.3 m2 ■ U 2 Bedroom

5.13 75.9 m 2 ■ Unit 2 Bedroom

nit 5.19 49.9 m 2 ■ U 1 Bedroom

■ U nit 4.02 39.7 m2 1 Bedroom

■ U nit 4.08 60.3 m2 2 Bedroom

■ U nit 4.14 53.3 m2 1 Bedroom

■ U nit 4.20 49.9 m2 1 Bedroom

■ U nit 5.02 39.7 m2 1 Bedroom

■ U nit 5.08 60.3 m2 2 Bedroom

■ U nit 5.14 53.3 m2 1 Bedroom

■ U nit 5.20 49.9 m2 1 Bedroom

■ U nit 4.03 60.3 m2 2 Bedroom

■ U nit 4.09 60.3 m2 2 Bedroom

■ U nit 4.15 61.7 m2 2 Bedroom

■ U nit 4.21 49.9 m2 1 Bedroom

■ U nit 5.03 60.3 m2 2 Bedroom

■ U nit 5.09 60.3 m2 2 Bedroom

■ U nit 5.15 61.7 m 2 2 Bedroom

■ U nit 5.21 49.9 m2 1 Bedroom

■ U nit 4.04 60.3 m2 2 Bedroom

■ U nit 4.10 60.3 m2 2 Bedroom

■ Unit 4.16 80.9 m2 3 Bedroom

■ U nit 4.22 49.9 m2 1 Bedroom

■ U nit 5.04 60.3 m2 2 Bedroom

■ U nit 5.10 60.3 m2 2 Bedroom

■ Unit 5.16 80.9 m2 3 Bedroom

■ U nit 5.22 49.9 m2 1 Bedroom

■ U nit 4.05 60.3 m2 2 Bedroom

■ U nit 4.11 60.3 m2 2 Bedroom

■ U nit 4.17 49.9 m2 1 Bedroom

■ U nit 4.23 39.7 m2 1 Bedroom

■ U nit 5.05 60.3 m2 2 Bedroom

■ U nit 5.11 60.3 m2 2 Bedroom

■ U nit 5.17 49.9 m 2 1 Bedroom

■ U nit 5.23 39.7 m2 1 Bedroom

■ U nit 4.06 60.3 m2 2 Bedroom

■ U nit 4.12 74.9 m2 3 Bedroom

■ U nit 4.18 49.9 m2 1 Bedroom

■ U nit 4.24 73.3 m2 2 Bedroom

■ U nit 5.06 60.3 m2 2 Bedroom

■ U nit 5.12 74.9 m2 3 Bedroom

■ U nit 5.18 49.9 m2 1 Bedroom

■ U nit 5.24 73.3 m2 2 Bedroom

HIU

WM

HIU

4.24

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WM

Wa

WM HIU

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Wa

4.06

5.06 WM

HIU

HIU

4.21

HIU

34

WM

34

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5.05

WM

5.22

HIU

4.22

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5.23

WM

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4.05

4.23

HIU

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3 Bedroom

HIU

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5.24

2 Bedroom

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WM

WM

HIU

WM

HIU

WM

3 Bedroom

WM

5.04

HIU

2 Bedroom

HIU

HIU

WM

HIU

4.04

WM

HIU

WM

5.03

5.02

5.01

300 to 325

1 Bedroom

HIU

WM

300 to 325

1 Bedroom

4.03

4.02

4.01

WM HIU

5.21

HIU WM

HIU WM

4.07

5.07

4.20

5.20 WM

WM

HIU

HIU

4.08

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4.18 WM HIU

4.17

4.09

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5.18 WM HIU

5.17

HIU WM

5.09

HIU WM

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HIU

WM

HIU

4.10

5.10 WM

HIU

WM

5.16

HIU

4.16

HIU

WM

HIU

WM

29

37 40

32

4.13

41

5.12

HIU

HIU

31 30

4.14

5.15 WM

HIU

WM

5.14

38

37 41

32

5.13

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31 30

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HIU

HIU

W

WM

4.12

HIU

5.11

HIU

4.15 WM

Works 25 to 28

L

Works

WM

W

WM

38

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4.11

HIU

Works 25 to 28

Works

s ork

WM

29

41

5.08 HIU HIU

33

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5.19

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HIU

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HIU WM

4.19

HIU

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HIU

33

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PROSPERITY GROUP

SMITHFIELD PLACE

6TH FLOOR

7TH FLOOR

Unit 6.01 - 6.14 1, 2 & 3 Bedroom Apartments

Unit 7.01 - 7.14 1, 2 & 3 Bedroom Apartments

■ U nit 6.01 42.0 m2 1 Bedroom

nit 6.07 73.3 m2 ■ U 2 Bedroom

6.13 61.7 m2 ■ Unit 2 Bedroom

■ U nit 7.01 42.0 m2 1 Bedroom

nit 7.07 73.3 m2 ■ U 2 Bedroom

7.13 61.7 m2 ■ Unit 2 Bedroom

■ U nit 6.02 39.7 m2 1 Bedroom

■ U nit 6.08 62.5 m2 2 Bedroom

■ U nit 6.14 83.1 m2 3 Bedroom

■ U nit 7.02 39.7 m2 1 Bedroom

■ U nit 7.08 62.5 m2 2 Bedroom

■ U nit 7.14 83.1 m2 3 Bedroom

■ U nit 6.03 60.3 m2 2 Bedroom

■ U nit 6.09 60.3 m2 2 Bedroom

■ U nit 7.03 60.3 m2 2 Bedroom

■ U nit 7.09 60.3 m2 2 Bedroom

■ U nit 6.04 60.3 m2 2 Bedroom

■ U nit 6.10 74.9 m2 3 Bedroom

■ U nit 7.04 60.3 m2 2 Bedroom

■ U nit 7.10 74.9 m 2 3 Bedroom

■ U nit 6.05 62.5 m2 2 Bedroom

■ U nit 6.11 75.9 m 2 2 Bedroom

■ U nit 7.05 62.5 m2 2 Bedroom

■ U nit 7.11 75.9 m2 2 Bedroom

■ U nit 6.06 41.8 m2 1 Bedroom

■ U nit 6.12 53.3 m2 1 Bedroom

■ U nit 7.06 41.8 m2 1 Bedroom

■ U nit 7.12 53.3 m2 1 Bedroom

HIU

WM

HIU

6.07

ho

se

se

re

Wa

WM

WM

HIU

HIU

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7.05

7.06

HIU

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HIU

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6.05

6.06

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3 Bedroom

WM

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7.07

2 Bedroom

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WM

WM

HIU

WM

HIU

WM

3 Bedroom

WM

7.04

HIU

2 Bedroom

HIU

HIU

WM

HIU

6.04

WM

HIU

WM

7.03

7.02

7.01

300 to 325

1 Bedroom

HIU

WM

300 to 325

1 Bedroom

6.03

6.02

6.01

34

34 s

rk Wo

6.08

7.08 HIU

WM

HIU

7.14

WM

HIU

WM

HIU

29

42

32

41

7.10

HIU

31 30

37

6.11

7.13 WM

HIU

31 30

WM

HIU

6.12

W

WM

HIU

7.09

HIU

WM

7.12

38

37 43

32

HIU

6.10

HIU

Works 25 to 28

6.13 WM

Works

WM

W

WM

38

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6.09

HIU

Works 25 to 28

Works

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29

41

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WM

6.14

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33

33

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7.11


SMITHFIELD SQUARE

T H E

I N V E S T M E N T

Payment plans designed with you in mind


Payment Plan 01

Payment Plan 02

Monthly and mortgage plan

Monthly and mortgage plan

Pay a 3% initial payment towards your deposit (minimum of £3000) plus £850 legal fees. Your 30% 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. Payments are made across an average build term of 24 months. Monthly and Mortgage payment plans only available on selected plots.

Pay a 3% initial payment towards your deposit (minimum of £3000) plus £850 legal fees. Your 30% 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. Payments are made across an average build term of 24 months. Monthly and Mortgage payment plans only available on selected plots.

Summary - 1 bed apartment GBP

Summary - 2 bed apartment GBP

Purchase Price

£159,995.00

Purchase Price

£219,995.00

Legal Fees

£850.00

Legal Fees

£850.00

Total Amount Due

£160,845.00

Total Amount Due

£220,845.00

Reservation & Exchange Stage

Reservation & Exchange Stage

Prosperity Reservation Deposit 3% (minimum £3000)

£4,799.85

Prosperity Reservation Deposit 3% (minimum £3000)

£6,599.85

Legal Fees

£850.00

Legal Fees

£850.00

Reservation / Exchange stage total due

£5,649.85

Reservation / Exchange stage total due

£7,449.85

Monthly Payment Stage

£47,998.50

Monthly Payment Stage

£65,998.50

Deposit divided by 24 month build schedule

£1,999.94

Deposit divided by 24 month build schedule

£2,749.94

Completion Stage

Completion Stage

Balance payment - by way of mortgage or cash

£107,196.65

Balance payment - by way of mortgage or cash

£147,396.65

Mortgage arrangement fee if applicable (estimated)

£995.00

Mortgage arrangement fee if applicable (estimated)

£995.00

Stamp duty

£5,499.00

Stamp duty

£8,499.00

Amount due at Completion Stage

£113,690.65

Amount due at Completion Stage

£156,890.65

Income

Income

Estimated Gross Rental Income

Per month £800.00 / Per annum £9,600.00

Estimated Gross Rental Income

Per month £1,050.00 / Per annum £12,600.00

Estimate Yield based on above

6.0%

Estimate Yield based on above

5.73%

Expenses

Expenses

Service Charge (estimated)

£1,000.00

Service Charge (estimated)

£1,000.00

Ground Rent (estimated)

£300.00

Ground Rent (estimated)

£300.00

Tenant Management Fees @ 12.5% + vat

£1,440.00

Tenant Management Fees @ 12.5% + vat

£1,890.00

Total Expenses*

Per month £228.33 / Per annum £2,740.00

Total Expenses*

Per month £265.83 / Per annum £3,190.00

Income net of expenses

Per month £571.67 / Per annum £6,860.00

Income net of expenses

Per month £784.17 / Per annum £9,410.00

* + Letting & Setup Fees

* + Letting & Setup Fees

46

47


PROSPERITY GROUP

SMITHFIELD PLACE

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.

All builds complete

Units Available

Units Available

Units Available

Sold

TAMEWAY PL AZA

CHARTWELL PLAZA

CASTLE COURT

BRADFORD HOUSE

PARKWOOD COURT

BENTLEY COURT

THE PINNACLE

VARIT Y HOUSE

Walsall, West Midlands

Southend on Sea, Essex

Dudley, West Midlands

Birmingham city centre

Keighley, West Yorkshire

Keighley, West Yorkshire

Southend, Essex

Peterborough, Cambridge

Sold

Sold

Sold

Sold

B1 EDWARD ST.

SEVERN HOUSE

MOSELEY GARDENS

B5 KENT ST.

PRIESTGATE HOUSE

KEY HILL

PROSPERITY HOUSE

JQ1

Birmingham city centre

Birmingham city centre

Birmingham city centre

Birmingham city centre

Peterborough, Cambridge

Birmingham city centre

Derby city centre

Birmingham city centre

All builds complete

All builds complete

48

BAKEWELL MEWS

TRENT HOUSE

ST PAUL’S PLACE

ORTON PLAZA

Buxton, Derbyshire

Newark, Nottinghamshire

Birmingham city centre

Peterborough, Cambridge

49


TO DISCUSS AN INVESTMENT PLEASE CONTACT US 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 5113 7143 Level 5, Two Exchange Square, 8 Connaught Place, Hong Kong Dubai + (971) 4311 6928 The Fairmont, Sheikh Zayed Rd, Dubai, UAE PO Box 73310

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


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