ReGlasgow

FLATS And Townhouses Plan Agreed For Historic City Centre School Building

29 July, 2024 | Listed / Historic Buildings

The building as it is currently

PLANS to convert a B-listed former school building in Garnethill into apartments have been given the go-ahead.

The Mount Building, previously part of St Aloysius College, will be converted into 18 flats under the proposal, with three mews townhouses built in the grounds.

Glasgow City Council planners have given permission, stating in their decision report: “Neither the conversion nor the mews would detract from the character and appearance of the Central Area Conservation Area or the special architectural interest or setting of the B-listed Building.”

The building, originally, constructed as a grand mansion in 1882, is on the corner of Scott Street and Buccleuch Street.

How the development is expected to look

A design statement included with the planning application explained: “Mosaic Architecture and Design has been commissioned by Nevis Properties Ltd to develop the Mount Building into managed apartments.

“The client has recently acquired this B-listed Property with a rich history, formerly housing the art and drama department of St. Aloysius College and as a charitable children’s hospital in its past.

“The aim is to carry out a sympathetic conversion of the property that improves the building fabric and maintains the preservation and protection of its historical and architectural significance.

“The design approach priorities minimal structural interventions, aiming to maximize the opportunities presented by the existing building and its fabric.”

How the development is expected to look
How the development is expected to look

The document continued: “In addition to retaining the character of the structure, the plan involves introducing family-style mews houses to the rear lane, seamlessly blending modern functionality with the historic setting.

“One of the key objectives is to enhance the general appearance of the property, ensuring that the conversion not only respects the heritage but also contributes positively to the surrounding environment.

“This includes measures to improve biodiversity and promote energy efficiency, aligning with contemporary sustainability standards.

“The overall vision is to create a harmonious and sustainable living space that honours the building’s legacy while meeting the needs of modern occupants.”

Evolve Finance are a Glasgow-based commercial finance brokerage serving the UK, specialising in all types of property finance for Property Developers, Landlords and Investors and offering innovative finance solutions, they welcome complex cases and back their experience to add value to any project.

Here’s just some development products that may be of interest.

Residential development funding Scotland: For projects from £750,000 to circa £50,000,000, this facility is typically for the purchase and ground up development costs of new build residential projects, large residential refurbishment projects or commercial projects with the loan repayment coming from the sale proceeds or re-financing to a term loan.

Bridging loans for property development Scotland: This facility is typically used for projects ranging from £50,000 to £3,000,000, covering purchase and development costs of anything from one-bedroom flats to large commercial-to-residential conversions, as well as smaller new build developments like a single detached house or gap site projects of 6–12 flats.

Build to Let Development Finance: Build to Rent projects also known as Build to Let are gaining traction, with this facility funding projects from £750,000 to £50,000,000, typically for large-scale refurbishments and new build residential flats. The development finance transitions to a long-term commercial mortgage upon completion.

Below market value property funding: Below Market Value Bridging Loans allow you to borrow up to 100% of the purchase price when the property’s purchase price is lower than its open market value, helping you maximise leverage opportunities and make the most of discounted property deals.

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