H1 H A L I F A X
PROSPERITY GROUP
H 1 H A L I FA X
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.
PROSPERITY GROUP
H1 THE DEVELOPMENT
H A L I F A X
A contemporary selection of 36 one bedroom town centre apartments
H 1 H A L I FA X
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PROSPERITY GROUP
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H 1 H A L I FA X
DETAILS
36 A PA R T M E N T S
£66,995 ONE BED S TA R T I N G P R I C E
CHOICE OF PAYMENT PLANS
Recently ranked as one of LendInvest’s top 10 UK buy-to-let hotspots, Halifax is a town with huge potential. Famous for its international bank of the same name, it’s also home to a wealth of industry giants such as food brands Nestlé and McVities, as well as prospering textile houses and a large engineering sector.
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DESIGN MATTERS
Finishing touches
H 1 H A L I FA X
Prosperity’s trademark design delivers style and contemporary elegance to every development
1 BESPOKE
Anti-slip vinyl flooring, stainless steel fixtures, custom built kitchens, integral appliances and stylish bathroom suites come as standard, offering homes with style, luxury and comfort.
2 KITCHENS
Lighting, Built-in Applicances Cooker Top, Range Hood Cupboards, Worktops Splashback, One & Half Sink Mixer Tap
3 BATHROOMS
Lighting, Toilet, Vanity Unit Basin with Mixer Tap Shower Rose, Shower Shelf Towel Rail
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H1 H A L I F A X
T H E LO CAT I O N
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PROSPERITY GROUP
THE HIGHLIGHTS
Reasons to invest DEMOGRAPHICS
82,000 With 95% of its 82,000 population in employment and 64% of residents having professional qualifications, Halifax offers the ideal combination of inward investment, continually improving job prospects, and lifestyle appeal that a town needs to thrive. Over a third of jobs in Halifax are in banking, finance or insurance, with Lloyds, Halifax plc and HBOS based in the town.
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H 1 H A L I FA X
RETAIL & LEISURE
£19m First-class shopping, a wealth of entertainment and a thriving economy offer a lifestyle that’s attracting high volumes of students, young professionals and families to the town. The £19m re-opening of Piece Hall – once the UK’s trading hub for fabrics, is now a beautifully restored central piazza offering a meeting point, open air cultural venue and colonnades of boutique shops and cafes.
CONNECTIVITY
15 minutes Nestled between the two northern powerhouses, Manchester and Leeds, Halifax is excellently positioned to satisfy the needs of today’s location-savvy commuter. It has extensive railway links to all major UK cities, with trains to London every hour, Manchester every 30 minutes and Leeds every 15 minutes. Frequent buses link the region quickly and conveniently and Manchester International Airport is only an hour away offering flights to major European and overseas destinations.
REGENERATION
£10m Most towns only have a chance every century to do the kind of thing that Halifax is attempting with its ongoing regeneration cycle. Recent projects include the transformation of Dean Clough Mills into a cluster of offices, galleries, and sophisticated bars and restaurants. The £6.5m addition of an independent cinema, restaurant and bar to the re-designed Square Chapel Arts Centre and a modern £10m central library wrapped around a Georgian church spire.
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A prime residential
location Located within the popular West Parade area, with Halifax town centre just a short walk away. This prime central location enjoys a variety of amenities, bars and restaurants within walking distance, including the popular Victoria Theatre and National Children’s museum, Eureka. There is a good selection of local schools and nurseries nearby, along with plentiful parkland and recreational areas. The local bus service links West Parade to the town centre, Sowerby Bridge, Mytholmroyd and Hebden Bridge which all access the cities of Leeds, Bradford and Manchester. Halifax train station is located less than half a mile from the development, having regular direct links to London, Manchester and Leeds. Both Manchester and Leeds Bradford International Airports are easily accessible via the M62 motorway junction close by.
Eureka National Children’s Museum
Piece Hall Hall, Halifax The Piece
Halifax Town Hall
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AMENITIES 1. People’s Park 2. Calderdale College 3. Victoria Theatre 4. Halifax Borough Market 5. Woolshops Shopping Centre 6. The Piece Hall 7. Halifax Minster 8. Halifax Train Station 9. Eureka! National Children’s Museum 10. MBi Shay Stadium 11. Spring Hall Sports Facility 12. Halifax Retail Park 13. Dean Clough Mills 14. North Bridge Leisure Centre Shibden Hall, Halifax
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PROSPERITY GROUP
GROUND FLOOR Building A: Unit 01 - 06 1 Bedroom Apartments
■ U nit 01 34m2 1 Bedroom
■ U nit 03 39m2 1 Bedroom
■ Unit 05 39m2 1 Bedroom
■ U nit 02 39m2 1 Bedroom
■ U nit 04 39m2 1 Bedroom
■ U nit 06 33m2 1 Bedroom
01
06
02
03
04
Ground Floor
16
05
WHITELEY STREET
YORK STREET
PARADISE STREET
H 1 H A L I FA X
GROUND FLOOR
■ U nit 09 39m2 1 Bedroom
■ Unit 11 39m2 1 Bedroom
■ U nit 08 39m2 1 Bedroom
■ U nit 10 39m2 1 Bedroom
■ U nit 12 33m2 1 Bedroom
YORK STREET
■ U nit 07 33m2 1 Bedroom
07
12
08
Ground Floor
09
10
WEST PARADE
17
11
WHITELEY STREET
Building B: Unit 07 - 12 1 Bedroom Apartments
PROSPERITY GROUP
FIRST FLOOR Building A: Unit 13 - 18 1 Bedroom Apartments
■ U nit 13 33m2 1 Bedroom
■ U nit 15 39m2 1 Bedroom
■ Unit 17 39m2 1 Bedroom
■ U nit 14 39m2 1 Bedroom
■ U nit 16 39m2 1 Bedroom
■ U nit 18 33m2 1 Bedroom
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18
14
15
16
First Floor
18
17
WHITELEY STREET
YORK STREET
PARADISE STREET
H 1 H A L I FA X
FIRST FLOOR
■ U nit 21 39m2 1 Bedroom
■ Unit 23 39m2 1 Bedroom
■ U nit 20 39m2 1 Bedroom
■ U nit 22 39m2 1 Bedroom
■ U nit 24 33m2 1 Bedroom
YORK STREET
■ U nit 19 33m2 1 Bedroom
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24
20
First Floor
21
22
WEST PARADE
19
23
WHITELEY STREET
Building B: Unit 19 - 24 1 Bedroom Apartments
PROSPERITY GROUP
SECOND FLOOR Building A: Unit 25 - 30 1 Bedroom Apartments
■ U nit 25 33m2 1 Bedroom
■ U nit 27 39m2 1 Bedroom
■ Unit 29 39m2 1 Bedroom
■ U nit 26 39m2 1 Bedroom
■ U nit 28 39m2 1 Bedroom
■ U nit 30 33m2 1 Bedroom
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30
26
27
28
Second Floor
20
29
WHITELEY STREET
YORK STREET
PARADISE STREET
H 1 H A L I FA X
SECOND FLOOR
■ U nit 33 39m2 1 Bedroom
■ Unit 35 39m2 1 Bedroom
■ U nit 32 39m2 1 Bedroom
■ U nit 34 39m2 1 Bedroom
■ U nit 36 33m2 1 Bedroom
YORK STREET
■ U nit 31 33m2 1 Bedroom
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36
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Second Floor
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34
WEST PARADE
21
35
WHITELEY STREET
Building B: Unit 31 - 36 1 Bedroom Apartments
H1 H A L I F A X
T H E
I N V E S T M E N T
Payment plans designed with you in mind
Payment Plan - 1 Bed
The no mortgage plan Pay a 5% initial payment towards your deposit (minimum of £3000) 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 4 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.
Summary - 1 bed apartment
GBP
Purchase Price
£66,995.00
Legal Fees
£850.00
Total Amount Due
£67,845.00
Reservation Stage
Prosperity Reservation Deposit 5%
£3,349.75
Legal Fees
£850.00
Reservation Stage total due
£4,199.75
Monthly Payment Stage
£43,546.75
65% deposit divided by 24 month build schedule
£1,814.45
Rental Payment Stage
£20,098.50
Yr 1 Rental
£5,400.00
Yr 2 Rental
£5,400.00
Yr 3 Rental
£5,400.00
Yr 4 Rental
£3,898.50
Income
Estimated Gross Rental Income
Per month £450.00 / Per annum £5,400.00
Estimate Yield based on above
8.06%
Expenses
Service Charge (estimated)
£900.00
Ground Rent (estimated)
£250.00
Tenant Management Fees @ 12% + vat
£777.60
Total Expenses*
Per month £160.63 / Per annum £1,927.60
Income net of expenses
Per month £289.37 / Per annum £3,472.40
* + Letting & Setup Fees
PROSPERITY GROUP
Units Available
Units Available
Units Available
Sold
ONE BHM
SOUTHSIDE
TAMEWAY PL AZA
CHARTWELL PLAZA
Birmingham city centre
Ilkeston, Derbyshire
Walsall, West Midlands
Southend on Sea, Essex
Sold
Sold
Sold
Sold
CASTLE COURT
SEVERN HOUSE
MOSELEY GARDENS
B5 KENT ST.
Dudley, West Midlands
Birmingham city centre
Birmingham city centre
Birmingham city centre
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H 1 H A L I FA X
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
B1 EDWARD ST.
VARIT Y HOUSE
THE PINNACLE
BENTLEY COURT
Birmingham city centre
Peterborough, Cambridge
Southend, Essex
Keighley, West Yorkshire
All builds complete
PARKWOOD COURT
PRIESTGATE HOUSE
KEY HILL
PROSPERITY HOUSE
Keighley, West Yorkshire
Peterborough, Cambridge
Birmingham city centre
Derby city centre
All builds complete
JQ1
BAKEWELL MEWS
TRENT HOUSE
ST PAUL’S PLACE
Birmingham city centre
Buxton, Derbyshire
Newark, Nottinghamshire
Birmingham city centre
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H1 H A L I F A X
TO DISCUSS AN INVESTMENT PLEASE CONTACT US UK +44 (0) 845 676 9799 JQ1, 32 George St, Birmingham B3 1QG Malaysia + (60) 11 3675 5452 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
I N F O @ P R O S P E R I T Y - W E A LT H . C O . U K