Chartwell Plaza SOUTHEND ON SEA
PROSPERITY GROUP
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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THE HEART OF LIVING
Chartwell Plaza
PROSPERITY GROUP
CHARTWELL PLAZA
WHY INVEST WITH
Prosperity Everything’s in the detail DYNAMIC A residential and commercial portfolio including 36 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.
Chartwell Plaza SOUTHEND ON SEA
PROSPERITY GROUP
THE DEVELOPMENT
Chartwell Plaza Stylish conversion comprising 108 studio, one and two bed apartments in Southend’s town centre.
CHARTWELL PLAZA
PROSPERITY GROUP
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CHARTWELL PLAZA
PERFECTLY PL ACED
DETAILS
Set within the 25,000 sqft mixed-use Victoria Shopping Centre, Chartwell Plaza is perfectly positioned to enjoy the vast range of amenities and transport links on the doorstep.
108 A PA R T M E N T S
£129,995 ONE BED S TA R T I N G P R I C E
£259,995 TWO BED S TA R T I N G P R I C E
CHOICE OF PAYMENT PLANS
IMAGES INDICATIVE ONLY
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DESIGN MATTERS
Finishing touches
CHARTWELL PLAZA
Each apartment has been carefully designed to offer practical, yet beautiful layouts that suit everyday life.
1 BESPOKE
Anti-slip vinyl or wood veneer flooring, custom built kitchens, integral appliances and stylish bathroom suites come as standard, offering homes with style, luxury and comfort.
2 KITCHENS
Lighting, Built-in Appliances Cooker Top, Range Hood Cupboards, Worktops Splashback, One & Half Sink Mixer Tap
3 BATHROOMS
Lighting, Contemporary WC Vanity Unit, Basin with Mixer Tap Shower Cubicle, Shower Shelf Towel Rail
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Chartwell Plaza T H E LO CAT I O N
P R O SLPOE C RA I TTYI OGNR O U P
SOUTHEND ON SEA
Location is everything
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CS H MAI TR HT FWI E L D L P SL QAUZAAR E
BUSINESS
Innovative, forward thinking and fast growing Southend’s economy is founded on sterner stuff than sand. HMRC are major employers in the area, the central VAT offices are located here and it’s a hub for card services. As well as a thriving tourist industry, Southend is seeing massive growth in aviation and medical technology. A three-way local partnership including Anglia Ruskin University is developing new employment space adjacent to the airport to support the medical technology sector. The wider site has potential to provide for over 7,000 jobs. This builds upon the longstanding presence of Olympus KeyMed and Southend University Hospital. Advanced engineering within the aviation maintenance repair and overhaul area is growing due to recent airport investment.
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PROSPERITY GROUP
THE HIGHLIGHTS
Reasons to invest ECONOMY
£130 million Southend has a rapidly expanding economy with over £130 million invested in the airport alone in the last three years by its owner.
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CHARTWELL PLAZA
REGENERATION
ÂŁ25 million As part of the better Southend Initiative, the seafront has seen a ÂŁ25 million face lift welcoming, a more cosmopolitan look and feel to the esplanade, extensive beach front upgrades as well as pavement and road extensions.
EDUCATION
Top ranking With a University of Essex campus based in Southend, educational facilities are excellent. These include a host of primary and secondary schools as well as two top performing grammar schools in the UK.
CONNECTIVITY
40 minutes The area is easily accessible via two major roads the A127 and A13 - which link Southend to the M25, London and a host of other major UK cities. For those needing to commute via train, Southend has two train lines providing an efficient 40 minute journey into the city. London Southend Airport is a six minute train ride from the town centre.
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PROSPERITY GROUP
ON YOUR DOORSTEP
Out n about
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CHARTWELL PLAZA
SOUTHEND ON SEA
Live, shop, explore Retail is buoyant in Southend-on-Sea. There are two major shopping centres as well as high street stores. The Victoria Shopping Centre underwent a £24 million refurbishment in 2014. There’s a newly introduced weekly market, and the town boasts one of the largest Waitrose branches in the UK. Southend has over 80 parks and 14 conservation areas as well as its seafront attractions which include a Ferris wheel.
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AMENITIES
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1. Victoria Shopping Centre
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2. Odeon Cinema 3. Southend Victoria Station 4. Beecroft Art Gallery
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5. Southend Borough Council
6 8
6. University of Essex 7. South Essex College 8. Southend Central Station
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9. Royals Shopping Centre
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10. Adventure Island / Pier 11. Western Esplanade
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Chartwell Plaza
F L O O R P L A N S
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2nd FLOOR Units 201-221 1 & 2 Bedroom Apartments ■ U nit 201 53m2 1 Bedroom
■ U nit 206 52m2 1 Bedroom
■ U nit 211 51m2 1 Bedroom
■ U nit 217 56m2 2 Bedroom
■ U nit 202 59m 2 1 Bedroom
■ U nit 207 53m2 1 Bedroom
■ U nit 212 84m2 2 Bedroom
■ U nit 218 56m2 2 Bedroom
■ U nit 203 44m2 1 Bedroom
■ U nit 208 47m2 1 Bedroom
■ U nit 214 85m2 2 Bedroom
■ U nit 219 57m2 2 Bedroom
■ U nit 204 47m2 1 Bedroom
■ U nit 209 47m2 1 Bedroom
■ U nit 215 64m2 2 Bedroom
■ U nit 220 56m2 2 Bedroom
■ U nit 205 54m2 1 Bedroom
■ U nit 210 65m2 2 Bedroom
■ U nit 216 56m2 2 Bedroom
■ U nit 221 56m2 2 Bedroom
215 216
217
218 Fire exit over existing roof
214
221
220
219
Roof
212
Electric Meters Access to Level 3
Staircase to Level 3
211
208 205
207 210
203 204
209
201 202
206
Roof Dis
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PROSPERITY GROUP
3rd FLOOR Units 301-307 1 & 2 Bedroom Apartments ■ U nit 301 48m2 1 Bedroom
■ U nit 306 46m2 1 Bedroom
■ U nit 302 48m 2 1 Bedroom
■ U nit 307 45m2 1 Bedroom
■ U nit 303 47m2 1 Bedroom ■ U nit 304 51m2 1 Bedroom ■ U nit 305 34m2 1 Bedroom Duplex
Roof Area
Staircase
306
Roof Area 303
307
304 302
301 Access to Plantroom
Lift 02
Lift 01
Roof
305
Staircase
24
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4th FLOOR Units 401-410 (305 Duplex) Studio, 1 & 2 Bedroom Apartments ■ U nit 401 34m2 Studio
■ U nit 406 41m2 1 Bedroom
■ U nit 402 35m 2 1 Bedroom
■ U nit 407 40m2 1 Bedroom
■ U nit 403 55m2 2 Bedroom
■ U nit 408 38m2 1 Bedroom
■ U nit 404 55m2 2 Bedroom
■ U nit 409 38m2 1 Bedroom
■ U nit 405 54m2 2 Bedroom
■ U nit 410 38m2 1 Bedroom
■ U nit 305 34m2 1 Bedroom Duplex
402
403
404
405
406
Staircase Vent
401
Lift 02
410
409
Lift 01
305
Staircase
25
408
407
PROSPERITY GROUP
5th FLOOR Units 501-511 Studio, 1 & 2 Bedroom Apartments ■ U nit 501 34m2 Studio
■ U nit 506 41m2 1 Bedroom
■ U nit 502 35m 2 1 Bedroom
■ U nit 507 40m2 1 Bedroom
■ U nit 503 55m2 2 Bedroom
■ U nit 508 38m2 1 Bedroom
■ U nit 504 55m2 2 Bedroom
■ U nit 509 38m2 1 Bedroom
■ U nit 505 54m2 2 Bedroom
■ U nit 510 38m2 1 Bedroom
■ U nit 511 34m2 1 Bedroom Duplex
502
503
504
505
506
Staircase Vent
501
Lift 02
510
509
Lift 01
511
Staircase
26
508
507
CHARTWELL PLAZA
6th FLOOR Units 601-610 (511 Duplex) Studio, 1 & 2 Bedroom Apartments ■ U nit 601 34m2 Studio
■ U nit 606 41m2 1 Bedroom
■ U nit 602 35m 2 1 Bedroom
■ U nit 607 40m2 1 Bedroom
■ U nit 603 55m2 2 Bedroom
■ U nit 608 38m2 1 Bedroom
■ U nit 604 55m2 2 Bedroom
■ U nit 609 38m2 1 Bedroom
■ U nit 605 54m2 2 Bedroom
■ U nit 610 38m2 1 Bedroom
■ U nit 511 34m2 1 Bedroom Duplex
602
603
604
605
606
Staircase Vent
601
610
609
Vent
Lift 02
Lift 01
511
Staircase
27
608
607
PROSPERITY GROUP
7th FLOOR Units 701-710 1 & 2 Bedroom Apartments ■ U nit 701 69m2 2 Bedroom
■ U nit 706 40m2 1 Bedroom
■ U nit 702 55m 2 2 Bedroom
■ U nit 707 38m2 1 Bedroom
■ U nit 703 55m2 2 Bedroom
■ U nit 708 38m2 1 Bedroom
■ U nit 704 55m2 2 Bedroom
■ U nit 709 38m2 1 Bedroom
■ U nit 705 41m2 1 Bedroom
■ U nit 710 34m2 1 Bedroom Duplex
702
703
704
705
Staircase Vent
701
709
708
Vent
Lift 02
Lift 01
710
Staircase
28
707
706
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8th FLOOR Units 801-610 (710 Duplex) Studio, 1 & 2 Bedroom Apartments ■ U nit 801 34m2 Studio
■ U nit 806 41m2 1 Bedroom
■ U nit 802 35m 2 1 Bedroom
■ U nit 807 40m2 1 Bedroom
■ U nit 803 55m2 2 Bedroom
■ U nit 808 38m2 1 Bedroom
■ U nit 804 55m2 2 Bedroom
■ U nit 809 38m2 1 Bedroom
■ U nit 805 54m2 2 Bedroom
■ U nit 810 38m2 1 Bedroom
■ U nit 710 34m2 1 Bedroom Duplex
802
803
804
805
806
Staircase Vent
801
810
809
Vent
Lift 02
Lift 01
710
Staircase
29
808
807
PROSPERITY GROUP
9th FLOOR Units 901-910 1 & 2 Bedroom Apartments ■ U nit 901 69m2 2 Bedroom
■ U nit 906 40m2 1 Bedroom
■ U nit 902 55m 2 2 Bedroom
■ U nit 907 38m2 1 Bedroom
■ U nit 903 55m2 2 Bedroom
■ U nit 908 38m2 1 Bedroom
■ U nit 904 55m2 2 Bedroom
■ U nit 909 38m2 1 Bedroom
■ U nit 905 41m2 1 Bedroom
■ U nit 910 34m2 1 Bedroom Duplex
902
903
904
905
Staircase Vent
901
909
908
Vent
Lift 02
Lift 01
910
Staircase
30
907
906
CHARTWELL PLAZA
10th FLOOR Units 1001-1010 (910 Duplex) Studio, 1 & 2 Bedroom Apartments ■ U nit 1001 34m2 Studio
■ U nit 1006 41m2 1 Bedroom
■ U nit 1002 35m 2 1 Bedroom
■ U nit 1007 40m2 1 Bedroom
■ U nit 1003 55m2 2 Bedroom
■ U nit 1008 38m2 1 Bedroom
■ U nit 1004 55m2 2 Bedroom
■ U nit 1009 38m2 1 Bedroom
■ U nit 1005 54m2 2 Bedroom
■ U nit 1010 38m2 1 Bedroom
■ U nit 910 34m2 1 Bedroom Duplex
1002
1003
1004
1005
1006
Staircase Vent
1001
1010
1009
Vent
Lift 02
Lift 01
910
Staircase
31
1008
1007
PROSPERITY GROUP
11th FLOOR Units 1101-1110 1 & 2 Bedroom Apartments ■ U nit 1101 69m2 2 Bedroom
■ U nit 1106 40m2 1 Bedroom
■ U nit 1102 55m 2 2 Bedroom
■ U nit 1107 38m2 1 Bedroom
■ U nit 1103 55m2 2 Bedroom
■ U nit 1108 38m2 1 Bedroom
■ U nit 1104 55m2 2 Bedroom
■ U nit 1109 38m2 1 Bedroom
■ U nit 1105 41m2 1 Bedroom
■ U nit 1110 34m2 1 Bedroom Duplex
1102
1103
1104
1105
Staircase Vent
1101
1109
1108
Vent
Lift 02
Lift 01
1110
Staircase
32
1107
1106
CHARTWELL PLAZA
12th FLOOR Unit 1110 Duplex 1 Bedroom Apartment â– U nit 1110 30m2 1 Bedroom Duplex
Vent
1110
Staircase
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SMITHFIELD SQUARE
Chartwell Plaza
T H E
I N V E S T M E N T
Payment plans designed with you in mind
Payment Plan 01
Monthly and mortgage plan Pay an initial payment towards your deposit plus £850 legal fees. The remainder of 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. Payments are usually made across an average build term of 24 months.
Summary - 1 bed apartment GBP Purchase Price
£129,995.00
Legal Fees
£850.00
Total Amount Due
£130,845.00
Reservation Stage Prosperity Reservation Deposit
£12,999.50
Legal Fees
£850.00
Reservation Stage total due
£13,849.50
Monthly Payment Stage £25,999.00 Deposit divided by 9 month build schedule
£2,888.78
Completion Stage Balance payment - by way of mortgage or cash
£90,996.50
Mortgage arrangement fee if applicable (estimated)
£995.00
Stamp duty (estimated)
£3,999.00
Amount due at Completion Stage
£95,990.50
Income Estimated Gross Rental Income
Per month £550.00 / Per annum £6,600.00
Estimate Yield based on above
5.08%
Expenses Service Charge (estimated)
£1,000.00
Ground Rent (estimated)
£250.00
Tenant Management Fees @ 12% + vat
£950.40
Total Expenses*
Per month £183.37 / Per annum £2,200.40
Estimated Income net of expenses
Per month £366.63 / Per annum £4,399.60
* + Letting & Setup Fees
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Payment Plan 02
Monthly and mortgage plan Pay an initial payment towards your deposit plus £850 legal fees. The remainder of 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. Payments are usually made across an average build term of 24 months.
Summary - 2 bed apartment GBP Purchase Price
£259,995.00
Legal Fees
£850.00
Total Amount Due
£260,845.00
Reservation Stage Prosperity Reservation Deposit
£25,999.50
Legal Fees
£850.00
Reservation Stage total due
£26,849.50
Monthly Payment Stage £51,999.00 Deposit divided by 9 month build schedule
£5,777.67
Completion Stage Balance payment - by way of mortgage or cash
£181,996.50
Mortgage arrangement fee if applicable (estimated)
£995.00
Stamp duty (estimated)
£10,799.00
Amount due at Completion Stage
£193,790.50
Income Estimated Gross Rental Income
Per month £1,166.67 / Per annum £14,000.00
Estimate Yield based on above
5.38%
Expenses Service Charge (estimated)
£1,000.00
Ground Rent (estimated)
£250.00
Tenant Management Fees @ 12% + vat
£2,016.00
Total Expenses*
Per month £272.17 / Per annum £3,266.00
Estimated Income net of expenses
Per month £894.50 / Per annum £10,734.00
* + Letting & Setup Fees
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PROSPERITY GROUP
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CHARTWELL PLAZA
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.
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Chartwell Plaza 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 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
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