A wide range of first-class amenities can be found within walking distance, including the popular Westfield Shopping Centre, attracting hundreds of thousands of visitors from across the country. The more traditional market square and sophisticated cobbled streets of Friar Gate are also just a few minutes’ walk, where further attractions include the city’s vibrant Cathedral Quarter.
Developments
Prosperity House,
Derby
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Located conveniently in Derby city centre, Prosperity House will comprise 147 two bed apartments across two phases.
As the UK’s most central city, Derby’s strategic location has earned it a place in the ‘Top 25 European Cities Overall’, alongside major cities such as London (1st) Berlin (8th) and Paris (16th.)
Significant regeneration, close proximity to Nottingham (12 miles), and thriving social and cultural scenes make it a key contender for University students, city commuters as well as young families, all migrating to a region offering a wealth of cultural events, excellent shopping and dining variety as well as highly regarded secondary and grammar schools.
Key points
- Property type: Stylish residential conversion
- Location: Derby
- Units available: 147 – mix of one and two bedroom
- Guide price: Guide prices at point of sale
- Predicted yield: 8%
Development status: Planning granted
Estimated completion date: Phase 1 March 2017 / Phase 2 June 2017
It's all about the location
The property & Investment
Payment plans
Let’s see how a two bedroom property at Prosperity House can be purchased using one of our payment plans
Two bedroom apartment with parking – £118,996
Reserve your property with £3569, plus £500 legal fees
There are now only 24 payments of £1488 to be paid
This creates a 30% deposit with a 70% mortgage arranged on completion
The mortgage is then covered by rental income from completion
You own an income producing asset for life.
Estimated gross rental income £600 per month
Estimated gross rental yield 7%
The latest Development updates
Prosperity House Launch
Launch Party Phase 1
Yesterday the mayor formally opened Prosperity House, Derby.
Prosperity House Launch
Show Apartment is now ready at Prosperity House
Here are some photos recently taken at the show apartment in Derby.
Latest externals
Main entry security installations
Kitchen installation cont’d…
Kitchen installation continues
The kitchens are going in!
Window installation underway
Corridor partitioning well underway
Prosperity House site visit images
First floor internal walls and acoustic flooring
External shot from site visit 18th July
News from yesterday's site visit
Floors 1/2/3 are now boarded out and the individual unit partitions are up
Acoustic floors have commenced on 1st floor and the screed will go down this week. 2nd and 3rd floors will follow.
New ceilings are to be installed this week on the 1st floor
Over the next 4 weeks, works as per 1st floor will move upward across all levels.
Latest Prosperity House internals
Latest internal shots
Scaffolding up
Strip out now complete on all floors
Plus :
Scaffolding up
First floor fit out to commence 6th June
Roof installation to commence July, followed by window installation
2nd floor clearing complete and materials in place
First floor partition removal complete
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Prosperity House Derby
Located conveniently in Derby city centre, Prosperity House will comprise 147 two bed apartments across two phases.
