Islington’s Royal Mail Centre is a postcode putting its stamp on the property market .
The address has been transformed into a £400million destination for homes, shops and leisure facilities off Upper Street and co-developer Sager Group classes the scheme as a “once in a lifetime opportunity.”
It has taken on the scheme alongside Cain Hoy and is set to fuse facet of the Edwardian warehouses with new-build elements to create a community of 263 homes.
CEO of Sager Group Giris Rabinovitch said: “The team at Sager Group and our partners are extremely excited about bringing this scheme forward.
“The 500,000 square foot site will be opened up to the public for the first time, with the new and existing buildings centred around a public boulevard; it will be a place for Londoners to live, work and play.”
Apartments with one, two and three bedrooms will be on the both private and affordable markets, with serviced options also available across the development’s four buildings.
Developers say they have focussed on providing “considered design-led living spaces” in the new apartments with homes in the former Edwardian sorting office also offering high ceiling, tall windows and loft-style living.
All will be finished to a high standard with designer fully-fitted kitchens and both bathrooms and en suites will boast underfloor heating, heated towel rails and mirror-concealed vanity units.
Buyers opting to purchase a penthouse can soak up views of the London skyline from the roof terrace while all the Islington Square community can enjoy landscaped external gardens and a public boulevard.
There will, also be retail and leisure facilities on-site.
Giris Rabinovitch, CEO of Sager Group added, “From Upper Street there will be two arcades leading to the public square, one of which will run through the central arches in the former general post office counter building on Upper Street and the other, next to The Mitre.
“Walking through the retail arcades and into the public square, visitors and residents will be met by the imposing Edwardian facades, which will contain a mixture of retail at ground level and residential units above.”
The properties sit a short stroll away from the buzzing Upper Street area and its variety of shops and restaurants.
A commute to Canary Wharf from Angel Tube station takes less than 30 minutes.
Prices for apartments start at £715,000.
For more information, please contact Savills on 020 7409 8756, Knight Frank on 020 7861 5499 or Beauchamp Estates on 020 7499 7722.