Buyers are already circling, just days after news broke that the first 19 apartments at Gloucester city centre’s multi-million pound £107 million The Forum development are almost ready to hit the market.
Savills, one of the agents handling the marketing of what will be the first of 43 apartments in the digital and technology quarter being built in the city’s King’s Quarter, said it's been looking at strong interest.
The Whitefriars apartments are said to have ‘the highest design and energy performance standards’, with the development featuring an eye-catching rooftop garden for residents - complete with views of Gloucester Cathedral.
Head of Savills Cheltenham’s residential development sales team, Iain Powis, said: 'We have had some really good interest already and a good response.
‘From Friday 23 September 2022 we hope to have access to the first show apartment. Prices currently start from £135,000. We expect them to sell like hot cakes.’
The accommodation features one, two and three bedroom apartments, with the remaining 24 due to complete within the next 24 months as the rest of the city council’s scheme is brought to life by developer Reef Group.
Apartments range in size from 39 square metres (419 square feet) for a studio to 98 square metres (1,054 square feet) for a three-bedroom property.
It is a scheme that will also deliver a gym and space for new shops, cafes and Grade A office space, all close to Gloucester’s bus and train stations.
Esther Croft, development director at Reef, said: ‘The apartments are designed to a high standard of energy performance, which is becoming an ever-important consideration as energy prices continue to rise. It’s a truly exciting development, built to superb build quality by local firm EG Carter.’
Agent Knight Frank is also handling the sale.