Chesterfield

St Mary’s Square

Prices from £87,995




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    • Type : PDR conversion
    • Units : 40 studio, one & two bed apartments
    • Price : £87,995 - £122,995
    • Yield : 6.6%

    Forming part of Prosperity's conversion portfolio, St Mary's Square is a former retail/office block that will comprise of a contemporary selection of studio, one and two bedroom apartments.


    It’s all about the location

    St Mary’s Square is located in the heart of Chesterfield town centre, with a wide range of popular high street and boutique shops as well as a multitude of other amenities.

    The local coach and train station are both less than a 10 minute walk away providing an excellent links to the surrounding cities of Sheffield, Nottingham and Derby.

    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.


    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%