May 23, 2018

Category: Property News

The Post House set to deliver for city’s first time buyers and investors

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The former Gloucester Royal Mail offices on Eastern Avenue are to be brought back to life in an innovative development of much needed one and two bedroom apartments.
Cheltenham developer County to County has teamed up with Birmingham-based Elevate Property Group in a joint venture which will see one of Gloucester’s most prominent buildings renovated to provide 48 apartments.
The L-shaped development, now known as The Post House, is the former Royal Mail House in Eastern Avenue, Gloucester and was part of the Royal Mail’s sorting centre operations which have now ceased on that site.
The three storey building will provide 34 one bedroom and 14 two bedroom apartments with prices ranging from £108,000-£123,000 for the one bedroom apartments, and £154,000-£184,000 for the two bedroom apartments.
Unusually for similar residential developments, The Post House offers generous parking with one space for every one bedroom apartments and two spaces for the two bedroom apartments.
Sarah McKinnon of agents Hamptons International in Cheltenham, which has been appointed to sell the apartments, said: “Location is always a critical factor in the success of any new residential development and The Post House scores very highly for access to the surrounding area.
“And the developers, County to County and Elevate Property Group, are recognised for the quality and specification they deliver in all their projects.
“This is one of the most exciting residential developments to come to the market in Gloucestershire and the South West in a very long time.
“There is very little stock available in this price range and built to this quality in the Gloucester area, and so we anticipate The Post House will prove extremely popular.
“The one and two bedroom apartments are priced to attract interest both from first time buyers and investors looking for a buy-to-let opportunity” she said.
Built in the 1950s, The Post House is arranged in an L-shape with two wings either side of a central art deco style stairwell and atrium which will be retained and provide a stylish entrance and introduction to the development.
Gloucester city centre, the Cathedral and railway station are approximately two miles to the west, and Kingsholm Stadium, home of Gloucester Rugby, is just 1.5 miles away.
The Post House fronts on to the roundabout junction with the A38 Eastern Avenue and Barnwood Road, as well as Corinium Avenue which connects to the A417 and junctions 11 and 11a of the M5. Surrounding amenities include local shops, supermarkets, fast food outlets, retail parks, pubs, hotels, restaurants, public parks and good schooling.
Work is due to start on site in June and The Post House show apartment will be launched to the public in September.
Completion is anticipated in Spring 2019. More details are available by calling 01242 420082 or emailing mckinnons@hamptons-int.com
Ends (461 words)

Prepared and issued by Andy Skinner of ASAP PR – 01789 490786 or 07990 978257.

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