Sherwood Square NOT TINGHA M
PHASE T WO
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
Sherwood Square
PROSPERITY GROUP
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.
SHERWOOD SQUARE
Sherwood Square NOTTINGHAM
PROSPERITY GROUP
THE DEVELOPMENT
Sherwood Square Luxury one and two bedroom apartments with parking* located close to Nottingham city centre
*Additional cost of £5,000 for parking space
SHERWOOD SQUARE
PROSPERITY GROUP
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SHERWOOD SQUARE
DETAILS
24 A PA R T M E N T S
£119,995 ONE BED S TA R T I N G P R I C E
£139,995 TWO BED S TA R T I N G P R I C E
40m2 - 62m2 A PA R T M E N T S I Z E S
IMAGES INDICATIVE ONLY
Nottingham is ranked as one of the best places to live in the UK, the top city for small business growth, the fastest growing fintech and life science sectors, and the biggest business centre in the East Midlands – Nottingham is going places.
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DESIGN MATTERS
Finishing touches
SHERWOOD SQUARE
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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Sherwood Square T H E LO CAT I O N
P R O SLPOE C RA I TTYI OGNR O U P
NOTTINGHAM
Location is everything
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SSHME IRTW HF OI O ED L DS S QQ UU AA RR EE
BUSINESS
Innovative, forward thinking and fast growing Nottingham is a great place to live and has something to offer everyone – from a culturally rich city centre to picturesque villages in the countryside. Over 50 national and regional companies have chosen Nottingham as their headquarters including global giants like Boots, eon, Speedo, Experian, Capital One and Paul Smith. Nottingham leads the way in a number of industries including financial and business services, creative and digital, life sciences and advanced manufacturing, meaning that over 60% of the jobs in Nottingham are in knowledge intensive industries, well above the UK average.
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PROSPERITY GROUP
THE HIGHLIGHTS
Reasons to invest INVESTMENT
10% According to figures from the Land Registry, property prices have increased by more than 10% in the last year. The biggest annual rise in a decade.
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SHERWOOD SQUARE
REGENERATION
£1 billion Nottingham has embarked on an intense period of economic regeneration, with a £250m redevelopment of the ‘Southern Gateway’ into the city centre underway; encompassing a remodelled shopping complex and new ‘City Hub’ college campus. This only adds to the £1bn which has already been invested in Nottingham’s infrastructure.
CONNECTIVITY
1 hr 40 minutes The proximity of major road links, including the M1, A1, A52, A46 and A42, means the city is easily accessible. Expansion of the awardwinning tram network means visitors can get around easily. Over 70 trains a day run direct to London St. Pancras International, the capital is easy to reach with the fastest train taking 1hr 40mins. With Eurostar connections direct from St. Pancras, Nottingham is connected into the heart of Europe.
EDUCATION
60,000 With two universities in the heart of the city offering world-class education to over 60,000 students, the ability to attract a diverse and flexible workforce is guaranteed. Nottingham Trent University was ranked the #1 University in 2017 by Times Higher Education.
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PROSPERITY GROUP
ON YOUR DOORSTEP
Out n about
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SHERWOOD SQUARE
NOTTINGHAM
Live, shop, explore The city has a strong independent retail scene alongside designer brands and high-street favourites which makes Nottingham one of the best places in the UK to go shopping. For those who like to eat out, there are a wealth of restaurants with cuisines from every corner of the globe. With Sherwood Forest only a short distance away and located on the edge of the Peak District, the great outdoors in just on the doorstep.
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AMENITIES
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1. Carlton Train Station 2. Victoria Retail Park
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3. Nottingham Racecourse 4. Motorpoint Arena
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5. intu Victoria Centre 6. National Justice Museum 7. Nottingham Train Station 8. Nottingham Castle, Museum & Gallery 9. Nottingham Trent University 10. University of Nottingham 11. University Hospital
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8
2 5 6 7
4 3
Sherwood Square
F L O O R P L A N S
SHERWOOD SQUARE
GROUND FLOOR Units G1-G8 1 & 2 Bedroom Apartments ■ U nit G1 40m2 1 Bedroom
■ U nit G3 40m2 1 Bedroom
■ U nit G5 42m2 1 Bedroom
■ U nit G7 42m2 1 Bedroom
■ U nit G2 40m 2 1 Bedroom
■ U nit G4 62m2 2 Bedroom
■ U nit G6 40m2 1 Bedroom
■ U nit G8 62m2 2 Bedroom
1 Bedroom
2 Bedroom
SHERWOOD SQUARE PHASE 1 BUILDING
FOXHILL ROAD EAST
G2
G1
G3
G8
G4 G6
G7
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G5
PROSPERITY GROUP
1st FLOOR Units F1-F8 1 & 2 Bedroom Apartments ■ U nit F1 40m2 1 Bedroom
■ U nit F3 40m2 1 Bedroom
■ U nit F5 42m2 1 Bedroom
■ U nit F7 42m2 1 Bedroom
■ U nit F2 40m 2 1 Bedroom
■ U nit F4 62m2 2 Bedroom
■ U nit F6 40m2 1 Bedroom
■ U nit F8 62m2 2 Bedroom
1 Bedroom
2 Bedroom
SHERWOOD SQUARE PHASE 1 BUILDING
FOXHILL ROAD EAST
F2
F1
F3
F8
F4 F6
F7
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F5
SHERWOOD SQUARE
2nd FLOOR Unit S1-S8 1 & 2 Bedroom Apartments ■ U nit S1 40m2 1 Bedroom
■ U nit S3 40m2 1 Bedroom
■ U nit S5 42m2 1 Bedroom
■ U nit S7 42m2 1 Bedroom
■ Unit S2 40m 2 1 Bedroom
■ U nit S4 62m2 2 Bedroom
■ U nit S6 40m2 1 Bedroom
■ U nit S8 62m2 2 Bedroom
1 Bedroom
2 Bedroom
SHERWOOD SQUARE PHASE 1 BUILDING
FOXHILL ROAD EAST
S2
S1
S3
S8
S4 S6
S7
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S5
SMITHFIELD SQUARE
Sherwood Square
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 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. Payments are made across an average build term of 24 months.
Summary - 1 bed apartment GBP Purchase Price
£119,995.00
Legal Fees
£850.00
Total Amount Due
£120,845.00
Reservation Stage Prosperity Reservation Deposit 5%
£5,999.75
Legal Fees
£850.00
Reservation Stage total due
£6,849.75
Monthly Payment Stage £35,998.50 Deposit divided by 24 month build schedule
£1,499.94
Completion Stage Balance payment - by way of mortgage or cash
£77,996.75
Mortgage arrangement fee if applicable (estimated)
£995.00
Stamp duty (estimated)
£3,599.00
Amount due at Completion Stage
£82,590.75
Income Estimated Gross Rental Income
Per month £575.00 / Per annum £6,900.00
Estimate Yield based on above
5.75%
Expenses Service Charge (estimated)
£1000.00
Ground Rent (estimated)
£150.00
Tenant Management Fees @ 12% + vat
£993.60
Total Expenses*
Per month £178.63 / Per annum £2,143.60
Estimated Income net of expenses
Per month £396.37 / Per annum £4,756.40
* + Letting & Setup Fees
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Payment Plan 02
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. Payments are made across an average build term of 24 months.
Summary - 2 bed apartment GBP Purchase Price
£139,995.00
Legal Fees
£850.00
Total Amount Due
£140,845.00
Reservation Stage Prosperity Reservation Deposit 5%
£6,999.75
Legal Fees
£850.00
Reservation Stage total due
£7,849.75
Monthly Payment Stage £41,998.50 Deposit divided by 24 month build schedule
£1,749.94
Completion Stage Balance payment - by way of mortgage or cash
£90,996.75
Mortgage arrangement fee if applicable (estimated)
£995.00
Stamp duty (estimated)
£4,499.00
Amount due at Completion Stage
£96,490.75
Income Estimated Gross Rental Income
Per month £650.00 / Per annum £7,800.00
Estimate Yield based on above
5.57%
Expenses Service Charge (estimated)
£1000.00
Ground Rent (estimated)
£150.00
Tenant Management Fees @ 12% + vat
£1,123.20
Total Expenses*
Per month £189.43 / Per annum £2,273.20
Estimated Income net of expenses
Per month £460.57 / Per annum £5,526.80
* + Letting & Setup Fees
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PROSPERITY GROUP
Units Available
Units Available
Units Available
Sold
ONE BHM
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CASTLE COURT
SEVERN HOUSE
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B5 KENT ST.
Dudley, West Midlands
Birmingham city centre
Birmingham city centre
Birmingham city centre
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SHERWOOD SQUARE
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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JQ1
BAKEWELL MEWS
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ST PAUL’S PLACE
Birmingham city centre
Buxton, Derbyshire
Newark, Nottinghamshire
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Sherwood Square 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
I N F O @ P R O S P E R I T Y - W E A LT H . C O . U K