SevenCapital’s flagship Bracknell development, The Grand Exchange, is almost sold out of all off-plan units. There are now only 10% of units remaining ahead of two years of completion. The purchase of so many properties before the site’s completion, suggests there is a considerable demand for apartment living.
Features of The Grand Exchange
When the development is completed, there will be a small number of apartments available for those who would like to live in ready-made homes, although those who have opted to buy off the plan and benefit from potential capital growth during the build period have been quick.
The Grand Exchange is located in Bracknell, a commuter town under an hour away from London and is part of the town’s multi-million-pound regeneration scheme. The development will have facilities including a loft-style workspace, gym and bookable spa treatment rooms. The Grand Exchange is within walking distance of the local station and will likely appeal to those commuting to London.
Andy Foote, director at SevenCapital, comments: “When planning and designing The Grand Exchange, we needed to consider the Bracknell market - and what was missing. There was a huge gap for a premium development that could meet the needs of the town’s changing demographic, which The Grand Exchange will fit into perfectly.”
“After our recently completed landmark Birmingham development - St. Martin’s Place - was received so well, it has been exciting to see the same positivity towards this development. I think it will not only offer residents a place to live, work and play, but it will give buyers an opportunity to invest in the first development of its kind in Bracknell.”
Foote concludes: “With the Bracknell Town Centre Vision in full swing, and the recent completion of The Deck and The Lexicon, the town’s redevelopment is starting to hit its stride. We hope that as more regeneration schemes emerge, more investors and residents will continue to look to Bracknell in the future.”