• Honeybourne Gate extra care development, Cheltenham

  • Background

    Extra care living enables older people to live independently in high-quality, purpose-built apartment buildings with a range of on-site facilities while having ready access to care if required.

    The Government was keen to support extra care living and, through our Markey Fund, we invested £15 million in a project to establish an extra care scheme in Cheltenham. Called Honeybourne Gate, it is the only development of its kind in the town.

    We worked with more than 25 different investors who became leaseholders of the completed apartments and are expected to see annual returns of between 20 and 25%.

    Project

    Construction work on the five-storey building consisting of 54 one and two-bedroom extra care apartments started in October 2013 and was completed in 2015.

    Carried out by Markey Construction, Honeybourne Gate includes a roof garden, under-croft car parking, a hairdressers, cinema room, swimming pool, gymnasium and restaurant for use by residents.

  • Extra Care Scheme

    Extra Care Scheme

Markey Group
associated companies

  • Premiere
  • Park View Gloucester
  • Student Digs Gloucestershire
  • Markey Interiors
  • Markey Construction
  • Honeybourne gate

Markey
accreditations

  • Invest in people