Ilkeston, Derbyshire

Southside

Prices from £86,995

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    • Type : Stylish residential conversio
    • Units : 69 one and two bed apartments (sold out)
    • Price : £86,995 - £106,995
    • Yield : 6.7%

    The development will comprise one and two bed luxury apartments across three phases, offering a host of shops, bars and restaurants within walking distance, as well as sporting facilities including an 18 hole golf course.


    It’s all about the location

    Our Southside development is conveniently situated in the heart of Ilkeston town centre, directly opposite the Town Hall on the junctions of South Street. Southside is located 10 miles east of Derby and 8 miles west of Nottingham making it an excellent commuter base, making it the ultimate Derbyshire property investment.

    Southside is located In the centre of England between Nottingham and Derby, Ilkeston is located at Junction 25 of the M1 motorway. Ilkeston town has become a key location for corporate tenants and professionals from local employers Rolls Royce, Tarmac, Toyota & Bombardier.

    Located on Burlington Street in the thriving market town of Chesterfield.

    As one of the largest towns in Derbyshire and the gateway to the Peak District, Chesterfield is a great place to invest, live or visit, combining both historical and contemporary experiences.


    Prosperity’s trademark design

    Delivering style and contemporary elegance to every development. All homes will feature an open plan living area, stylish custom fitted kitchen with integrated appliances and a contemporary white bathroom suite.

    Each apartment has been intelligently planned to create the best accommodation flow possible in which to socialise and relax and an individual specification selected to maximise the appearance and long-term enjoyment of each newly created home.

    No Mortgage

    1 Bedroom Apartment

    Purchase Price: £107,995.00
    Reservation Deposit: £5,399.75 plus £850 legal fee
    Monthly Payment Stage: 22 x £3,190.76

    Remaining payments are covered by rental income over 5 years.
    This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term, keeping payments low.

    Payment plan provided is correct at the time of development launch.

    Estimated gross rental income £600 per month / £7,200 per year

    Estimated gross rental yield 6.6%

    Monthly & Mortgage

    2 Bedroom Apartment

    Purchase Price: £122,995.00
    Reservation Deposit: £6,149.75 plus £850 legal fee
    Monthly Payment Stage: 22 x £1,397.67

    Balance is paid by way of an arranged mortgage or cash.
    This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term, keeping payments low. This payment plan is only available on selected plots.

    Payment plan provided is correct at the time of development launch.

    Estimated gross rental income £650 per month / £7,800 per year

    Estimated gross rental yield 6.3%

    Fast Facts

    • Initial deposit of 5% followed by monthly payments during construction
    • 22 month build period. Completion anticipated Q3 2022
    • Ideal location in the heart of Chesterfield’s thriving market town centre
    • Less than 10 minutes walk to local coach and train stations
    • 6 universities less than an hour away
    • Projected rental yields of 6.6%
    • Ideal Derbyshire property investment