With bonus season upon us again, and the Centre for Economic and Business Research predicting that City workers will take home £3.8billion* this year, of which £1bn will be spent on property**, many will be left with the dilemma of where to buy, and what kind of property. City & Country Group’s award-winning development at The Galleries provides the perfect answer for bonus buyers looking to invest their City paycheck in a tangible asset, whether it’s a commutable luxury home or a shrewd investment in the buy-to-let market.
The distinctive Grade II Listed Victorian Buildings at The Galleries in Brentwood have been converted into a collection of high quality apartments and unique homes that are ideal for a wide range of homebuyers looking to combine classic period features with the very latest in modern living. Residents at the scheme also benefit from gated, beautifully landscaped courtyard gardens, and many homes enjoying far-reaching views over London.
For those City buyers looking to purchase a permanent residence, The Galleries is ideally located in the London commuter belt, with Brentwood Railway Station offering direct services into London Liverpool Street, taking just 35 minutes. This fast commute makes it easy for City workers to move out into the glorious Essex countryside, whilst still being able to commute into the City to maintain their day job.
With buy-to-let looking like a good investment, purchasing a property at The Galleries could provide an enticing alternative to City workers. Recent research from Findaproperty.com*** indicates that properties in the South East are expected to yield between 4 and 5 percent of a property’s purchase price annually in 2011.
Helen Moore, Residential Managing Director at City & Country Group comments: “With the start of City bonus season already upon us, City workers will still be looking at the property market to make wise investments with their extra funds. Our development at The Galleries with its beautifully landscaped courtyard gardens and classic period features combined with the latest in modern living, really does make an excellent choice for a City worker faced with the dilemma of how to spend their bonus money this year. Whether they want to purchase a permanent commuter home or a buy-to-let investment, The Galleries continues to prove popular with savvy purchasers, looking to buy in a secure and prime market.”
Prices at The Galleries start from £182,500 for a one bedroom, £325,000 for a two bedroom apartment, £395,000 for a three bedroom apartment and £499,950 for a two bedroom duplex. For those keen to find out more about purchasing a property at The Galleries, the on-site sales suite is open daily between 10am and 5pm. For further information, contact City & Country Group on telephone: 01277 20 21 22 or visit: www.the-galleries.net.