A DEVELOPMENT of six flats with private gym has been approved for a gap site in the Blythswood area of the city centre.

Glasgow City Council planners have given permission for the apartment block at the junction of Sauchiehall Lane and Blythswood Street, following an application by Videre Developments.

A design statement included with planning documents explained: “The ambition is to create a thriving, vibrant place where people want to live.

“The upper levels of the development will provide six homes and a key priority for Videre is to ensure that these homes will offer a better choice and quality of urban living.

“Each apartment will be dual aspect, with two bedrooms and two bathrooms, for four persons.”

It continued: “Five of the apartments will be provided with a private external amenity space. The top floor apartment has the benefit of having direct access to the roof level and a large private terrace.

“Each apartment has a large open plan living space, offering flexible layouts and opportunity to create a home working area.

“Residents’ amenity space is also provided at the ground floor in the form of a gym.”

Empowering Scotland’s property developers of every size, with funding solutions to help you rise.

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 of their products that may be of interest.

Property development finance: 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 Finance: This type of 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.

Below Market Value Bridging Loans: 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.

Buy Refurbish Refinance Rent: The Buy, Refurbish, Refinance, Rent (BRRR) strategy is a highly effective method that enables you to rapidly grow a substantial, cash-flowing buy-to-let property portfolio, helping you maximize your investment returns and build long-term financial security through property.