Located in Stoke-on-Trent, Majestic Chambers will comprise twenty-six studios and one-bedroom apartments in a modern renovation of a stunning art deco building.
Modern & Majestic
With a shortage of quality accommodation in the area, Majestic Chambers will deliver a unique option for both professionals and students. Majestic Chambers offers the perfect blend of self-contained accommodation in the centre of a lively and bustling area.
The apartments will be fully furnished and decorated in a range of refreshing warm neutrals, with oakstyle flooring and modern finishes throughout. The living areas will be softly lit with spotlights, ensuring maximum comfort for residents. Kitchens will feature under counter fridges, an oven, hob and extractor fan.* *Items are subject to change
Typical Layouts Majestic Chamber’s apartments will come with a high specification furniture pack. Bedrooms will feature a fabric covered double bed, with storage base and matching headboard plus mattress. For tenant’s storage needs, a double wardrobe, two-drawer bedside unit and three-drawer chest of drawers will also be included. In the living areas, there will be a two-seater glass dining table, dining chairs and two-seater sofa. A kitchen pack including kettle and toaster is also included. Please note that all items are subject to availability and may change
Typical Studio Apartment
Typical One-Bedroom Apartment
15
M
IN
W AL K
6
3
4 5 2
1 5 MIN WALK
1 Lidl 2 Sainsbury's 3 Lloyds Bank 4 Wetherspoon's 5 Post Office 6 Staffordshire University
location location location
1 4.3
minute walk to the bank average restaurant rating in local area
13 1
minute walk to campus
minute walk to supermarket
11 1
minute walk to train station
minute walk to local pubs
A Majestic History
It is rare to find a development that has such an illustrious history. Over the years, Majestic Chambers has been neighbours with a well-loved cinema and home to an array of businesses. After standing empty, it is an exciting prospect that this impressive building will now be restored and called home by future tenants.
1914 Formal opening of ABC Majestic Cinema to left-hand side of Majestic Chambers. Built on former site of Campbell Works factory. It is mentioned in Sentinel newspaper that the rest of the frontage will be developed with a "central and dominating feature" with the view of making it an "impressive building worthy of Stoke-on-Trent"
1960-1970s Majestic Court (to the rear of Majestic Chambers) housed the town’s Post Office and the left-hand side served as a butcher’s store room
2019 Today, modern times are reflected in the ground floor’s current tenants. Supermarkets and shops occupy lower level. The stunning art deco frontage remains and is ready to be redeveloped and used again
1926 The construction date engraved on ornamental drainpipe headers that adorn the Majestic Court frontage at the rear of building complex
1930-1950s Upper floors of Majestic Chambers appear to have served as purposebuilt office space for professionals allied to building trades, accountants, and similar professions. The cinema closed in 1957
1970-1980s As the city’s industries declined or collapsed, from the 1980s the office of Majestic Chambers became home to public sector organisations such as Staffordshire Housing Association Ltd and Model Systems Training, a training centre for the unemployed
"We are the Connected University. We’re connected to the needs of our students, to business and to society."
Staffordshire University Originally founded as North Staffordshire Polytechnic, Staffordshire University was granted university status under its current title in 1992. The main campus is in Stoke-onTrent, with the majority of students based at this location. The university has recently invested over £40 million in renovating its Stoke campus with the aim of consolidating its teaching and administrative buildings in to the area, illustrating the institution’s commitment to the location. Staffordshire University currently offers approximately 1000 beds between its Stoke and Stafford campuses for their student body of nearly 15,000 enrolled students. The area is critically undersupplied for the number of students based in these locations, and this situation will only worsen as the university continues to grow.
50 20 19 10
Top 50 UK University (44th out of 121 institutions in Guardian League Tables 2019)
One of the World’s Top Research Universities (2019 Times Higher Education World University Rankings)
Top 10 for Teaching Quality (Sunday Times Good University Guide 2018 and 2019)
Fusion Furniture Solutions Founded in 2005 by Neil Roper, Fusion Furniture Solutions Ltd is a family run company dedicated to delivering a complete furniture solution with the upmost care and attention to detail. Neil and Clare Roper along with their dedicated team aim to maximise the potential of your property investment by providing you with an affordable and stylish, cost effective finish. We take pride in looking after our client’s needs.
HIM Lettings HIM Lettings are the trusted letting agents in Stokeon-Trent. We specialise in the management and maintenance of HMOs, single-unit apartments and student lets and have a portfolio of over 150 units. Our landlord sign-on process is quick and effective. When HIM Lettings manages your property, you can sit back and let us do our thing. As soon as you hand over the keys, your property will be on the market and we’ll take viewings until we find the right tenant(s). Once the tenants are in your property, we aim to keep them happy. HIM Group also has a Maintenance team, so if problems do arise or anything needs fixing, we’ll address it straight away.
FINANCIALS PurchaSe Price 8% Guaranteed net rental income (2yrs excluding ground rent)
Studio
one-bedroom
£59,999
£64,999
£4799
£5199
-£1250
-£1420
-£300
-£300
* ** ***
Service charGe and manaGement Fee p/a (Not payable within the 2yrs guarantee period, if taken)
GROUND RENT p/a
All figures are subject to change please check with your consultant before purchase
PAY M E N T P L A N
ÂŁ5,000 Reservation Deposit
75% on Exchange of Contracts (Minus ÂŁ5,000 Deposit)
25% Due on Completion
For reservations or to speak directly with one of our consultants
* Please note that participation in the rent guarantee is optional and purchasers can choose to manage their own unit(s) ** The scheme/build is not dependent upon participation by any number/percentage of purchasers ***The rental guarantee is exclusive of the ground rent, which investors will have to pay separately