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St Mary’s Square

Chesterfield

Prices from £87,995 | Per Month £1,397

 

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Forming part of Holborn’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.

Chesterfield, UK

It’s all about the location

Income Paying Assets

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.

High rental Market

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.

Why Invest In Chesterfield?

Gateway to the Peak district

Chesterfield is undergoing a renaissance with over £1 billion of regeneration in progress and more planned over the next 20 years including the development of an HS2 Maintenance Depot and station in the town.

The Invest in Chesterfield Campaign supports the delivery of the objectives of the Chesterfield Local Plan Core Strategy, Town Centre Masterplan and the Chesterfield Growth Strategy.

No Mortgage 50/50 Plan

1 Bedroom Apartment

Purchase Price:

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

Balance Payment:

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.

Gross Income:

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:

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

Balance Payment:

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.

Gross Income:

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%