Brookes Clients Made Profits of £133,500
The View is a key part of the redevelopment of the Essex County Cricket Ground and the surrounding residential property. Overlooking Chelmsford's Central Park the apartments are sought after and finished to a high standard. This landmark development has set a high bench mark for other developers in the area, particularly since Chelmsford gained ‘City’ status in 2012.
The Brookes Property Group secured 53 properties exclusively in the residential building from a leading developer. We were able secure these properties at bulk discounts and placed these excellent apartments with existing clients. Thanks to the below market value purchase price and the rising costs of property in Chelmsford clients were able to crystallise a capital gain of 60%.
Brookes Price = £224,000
Sales Price = £357,500
Capital Gain = 60%
Profit = £133,500
“The Brookes Property Group have 15,000 clients which enables us to flex our muscles with developers and negotiate great discounts. We pass these discounts on to our clients. The deal we did at The View in Chelmsford is a great example of this”