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.

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.

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

Find out more info about the development

Download our brochure Contact us today

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%

Find out more info about the development

Download our brochure Contact us today

The latest Development updates

Prosperity House Site Update

Phase 2 now complete and sales progressing

Show Bedroom at Prosperity House

Show kitchen at Prosperity House

External shot of Prosperity House

Prosperity House Site Update

  • Phase 1 now complete with tenants occupying units
  • Phase 2 construction underway
  • New windows 75% installed
  • First fix electrics complete

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