H2 H A L I FA X
PROSPERITY GROUP
H 2 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.
H2 H A L I FA X
PROSPERITY GROUP
H2 THE DEVELOPMENT
H A L I FA X
A contemporary selection of 70 one and two bedroom apartments minutes from Halifax town centre IMAGE INDICATIVE ONLY
H 2 H A L I FA X
PROSPERITY GROUP
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H 2 H A L I FA X
DETAILS
70 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
£76,995 TWO BED S TA R T I N G P R I C E
CHOICE OF PAYMENT PLANS IMAGES INDICATIVE ONLY
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 2 H A L I FA X
Prosperity’s trademark design delivers style and contemporary elegance to every development
1 BESPOKE
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.
2 KITCHENS
Lighting, Built-in Applicances Cooker Top, Extractor Hood Cupboards, Laminate Worktop Splashback, One & Half Sink Mixer Tap
3 BATHROOMS
Lighting, Toilet, Vanity Unit Basin with Mixer Tap Shower Cubicle or Bath Towel Rail, Electric Razor Socket
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H2 H A L I FA X
T H E LO CAT I O N
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 2 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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PROSPERITY GROUP
A prime residential
location The development is located in the Illingworth area of Halifax, with the town centre just a 10 minute drive away. The town centre enjoys a variety of amenities, bars and restaurants, and popular attractions including the Victoria Theatre, The Piece Hall and National Children’s Museum, Eureka. There are a good selection of local schools and nurseries nearby, along with plentiful parkland and recreational areas. The nearest secondary school, the North Halifax Grammar School has received an Ofsted Outstanding rating. The local bus service links the development 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 2.6 miles away, 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
The The Piece Piece Hall Hall, Halifax
Halifax Town Hall
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H 2 H A L I FA X
2 H2 HALIFAX
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AMENITIES 1. Morrisons Supermarket 2. North Halifax Grammar School 3. The Maltings College 4. Dean Clough Mills 5. Shibden Hall 6. Halifax Bus Station 7. McVities Cake Co 8. The Piece Hall 9. Halifax Train Station 10. Nestlé UK 11. Eureka! National Children’s Museum 12. Lloyds Banking Group HQ 13. MBi Shay Stadium 14. Calderdale Royal Hospital Shibden Hall
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PROSPERITY GROUP
GROUND FLOOR Unit 1 - 6 1 & 2 Bedroom Apartments
■ U nit 1 59m2 1 Bedroom
■ U nit 3 72m 2 2 Bedroom
■ Unit 5 72m2 2 Bedroom
■ Unit 2 72m 2 2 Bedroom
■ U nit 4 59m2 1 Bedroom
■ U nit 6 72m 2 2 Bedroom
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MIXENDEN ROAD
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6
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4
JUMPLES CRAG
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H 2 H A L I FA X
FIRST FLOOR Unit 7 - 12 1 & 2 Bedroom Apartments
■ U nit 7 59m2 1 Bedroom
■ U nit 9 72m 2 2 Bedroom
■ Unit 11 72m2 2 Bedroom
■ Unit 8 72m 2 2 Bedroom
■ U nit 10 59m2 1 Bedroom
■ U nit 12 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
SECOND FLOOR Unit 13 - 18 1 & 2 Bedroom Apartments
■ U nit 13 59m2 1 Bedroom
■ U nit 15 72m 2 2 Bedroom
■ Unit 17 72m2 2 Bedroom
■ U nit 14 72m 2 2 Bedroom
■ U nit 16 59m2 1 Bedroom
■ U nit 18 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
THIRD FLOOR Unit 19 - 24 1 & 2 Bedroom Apartments
■ U nit 19 59m2 1 Bedroom
■ U nit 21 72m 2 2 Bedroom
■ Unit 23 72m2 2 Bedroom
■ U nit 20 72m 2 2 Bedroom
■ U nit 22 59m2 1 Bedroom
■ U nit 24 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
FOURTH FLOOR Unit 25 - 30 1 & 2 Bedroom Apartments
■ U nit 25 59m2 1 Bedroom
■ U nit 27 72m 2 2 Bedroom
■ Unit 29 72m2 2 Bedroom
■ U nit 26 72m 2 2 Bedroom
■ U nit 28 59m2 1 Bedroom
■ U nit 30 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
FIFTH FLOOR Unit 31 - 36 1 & 2 Bedroom Apartments
■ U nit 31 59m2 1 Bedroom
■ U nit 33 72m 2 2 Bedroom
■ Unit 35 72m2 2 Bedroom
■ U nit 32 72m 2 2 Bedroom
■ U nit 34 59m2 1 Bedroom
■ U nit 36 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
SIXTH FLOOR Unit 37 - 42 1 & 2 Bedroom Apartments
■ U nit 37 59m2 1 Bedroom
■ U nit 39 72m 2 2 Bedroom
■ Unit 41 72m2 2 Bedroom
■ U nit 38 72m 2 2 Bedroom
■ U nit 40 59m2 1 Bedroom
■ U nit 42 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
SEVENTH FLOOR Unit 43 - 48 1 & 2 Bedroom Apartments
■ U nit 43 59m2 1 Bedroom
■ U nit 45 72m 2 2 Bedroom
■ Unit 47 72m2 2 Bedroom
■ Unit 44 72m 2 2 Bedroom
■ U nit 46 59m2 1 Bedroom
■ U nit 48 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
EIGHTH FLOOR Unit 49 - 54 1 & 2 Bedroom Apartments
■ U nit 49 59m2 1 Bedroom
■ U nit 51 72m 2 2 Bedroom
■ Unit 53 72m2 2 Bedroom
■ U nit 50 72m 2 2 Bedroom
■ U nit 52 59m2 1 Bedroom
■ U nit 54 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
NINTH FLOOR Unit 55 - 60 1 & 2 Bedroom Apartments
■ U nit 55 59m2 1 Bedroom
■ U nit 57 72m 2 2 Bedroom
■ Unit 59 72m2 2 Bedroom
■ U nit 56 72m 2 2 Bedroom
■ U nit 58 59m2 1 Bedroom
■ U nit 60 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
TENTH FLOOR Unit 61 - 66 1 & 2 Bedroom Apartments
■ U nit 61 59m2 1 Bedroom
■ U nit 63 72m 2 2 Bedroom
■ Unit 65 72m2 2 Bedroom
■ U nit 62 72m 2 2 Bedroom
■ U nit 64 59m2 1 Bedroom
■ U nit 66 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
ELEVENTH FLOOR Unit 67 - 72 1 & 2 Bedroom Apartments
■ U nit 67 59m2 1 Bedroom
■ U nit 69 72m 2 2 Bedroom
■ Unit 71 72m2 2 Bedroom
■ U nit 68 72m 2 2 Bedroom
■ U nit 70 59m2 1 Bedroom
■ U nit 72 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
TWELFTH FLOOR Unit 73 - 78 1 & 2 Bedroom Apartments
■ U nit 73 59m2 1 Bedroom
■ U nit 75 72m 2 2 Bedroom
■ Unit 77 72m2 2 Bedroom
■ U nit 74 72m 2 2 Bedroom
■ U nit 76 59m2 1 Bedroom
■ U nit 78 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
THIRTEENTH FLOOR Unit 79 - 84 1 & 2 Bedroom Apartments
■ U nit 79 59m2 1 Bedroom
■ U nit 81 72m 2 2 Bedroom
■ Unit 83 72m2 2 Bedroom
■ U nit 80 72m 2 2 Bedroom
■ U nit 82 59m2 1 Bedroom
■ U nit 84 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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PROSPERITY GROUP
FOURTEENTH FLOOR Unit 85 - 90 1 & 2 Bedroom Apartments
■ U nit 85 59m2 1 Bedroom
■ U nit 87 72m 2 2 Bedroom
■ Unit 89 72m2 2 Bedroom
■ U nit 86 72m 2 2 Bedroom
■ U nit 88 59m2 1 Bedroom
■ U nit 90 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H 2 H A L I FA X
FIFTHTEENTH FLOOR Unit 91 - 96 1 & 2 Bedroom Apartments
■ U nit 91 59m2 1 Bedroom
■ U nit 93 72m 2 2 Bedroom
■ Unit 95 72m2 2 Bedroom
■ U nit 92 72m 2 2 Bedroom
■ U nit 94 59m2 1 Bedroom
■ U nit 96 72m 2 2 Bedroom
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MIXENDEN ROAD
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JUMPLES CRAG
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H2 H A L I FA 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
Monthly and mortgage plan Pay a 5% initial payment towards your deposit 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. All payment plans provided are correct at the time of development launch.
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
£20,098.50
Deposit divided by 18 month build schedule
£1,116.58
Completion Stage
Balance payment - by way of mortgage or cash
£43,546.75
Mortgage arrangement fee if applicable (estimated)
£995.00
Stamp duty (estimated)
£2,009.00
Amount due at Completion Stage
£46,550.75
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
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Payment Plan - 2 Bed
The no mortgage plan Pay a 5% 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 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. All payment plans provided are correct at the time of development launch.
Summary - 2 bed apartment
GBP
Purchase Price
£76,995.00
Legal Fees
£850.00
Total Amount Due
£77,845.00
Reservation Stage
Prosperity Reservation Deposit 5%
£3,849.75
Legal Fees
£850.00
Reservation Stage total due
£4,699.75
Monthly Payment Stage
£50,046.75
Deposit divided by 24 month build schedule
£2,085.28
Completion Stage
Stamp Duty (estimated if applicable)
£2,309.00
Rental Payment Stage
£23,098.50
Yr 1 Rental
£6,600.00
Yr 2 Rental
£6,600.00
Yr 3 Rental
£6,600.00
Yr 4 Rental
£3,298.50
Income
Estimated Gross Rental Income
Per month £550.00 / Per annum £6,600.00
Estimate Yield based on above
8.57%
Expenses
Service Charge (estimated)
£900.00
Ground Rent (estimated)
£250.00
Tenant Management Fees @ 12% + vat
£950.40
Total Expenses*
Per month £175.03 / Per annum £2,100.40
Income net of expenses
Per month £374.97 / Per annum £4,499.60
* + Letting & Setup Fees
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PROSPERITY GROUP
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H 2 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.
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H2 H A L I FA 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
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