UK: A fully consented build-to-rent (BTR) site in Glasgow’s west end has been launched to market by Savills and Scarlett Developments.
The companies are acting on behalf of the Mac Mic Group. The site at Herschell Street in Anniesland has full planning consent for 113 one- and two-bedroom apartments. While benefiting from a BTR consent, the principle of private for sale residential development has also been established through a historic planning permission.
The proposed scheme comprises 113 apartments (67 one-bedroom and 46 two-bedroom units) arranged across two blocks, each rising to six storeys. The design includes six roof gardens, communal amenity space, and commercial units at ground level.
Nicola Lunn, development director at Savills, said: “Glasgow’s west end has long been one of the city’s most desirable locations. This site offers a ready-made opportunity to deliver high-quality rental housing in a market urgently seeking professionally managed BTR stock. With planning consent already secured, excellent connectivity and rich local amenities, Herschell Street stands out as an exceptional prospect.”
“The strong demand for homes in the area also positions this site as an attractive option for private residential developers. With Glasgow ranked first in the UK for rental yields and house price growth, and a marked undersupply of operational BTR schemes, the Herschell Street site comes to market at a pivotal moment for residential development. Compared to Manchester – a city of similar size – Glasgow’s BTR pipeline remains significantly smaller, making this project a rare opportunity to meet growing demand with ready-to-build inventory,” she added.
Highlights:
• A fully consented build-to-rent (BTR) site in Glasgow’s west end has been launched to market by Savills and Scarlett Developments
• The site at Herschell Street in Anniesland has planning consent for 113 one- and two-bedroom apartments
• The proposed scheme comprises 113 apartments (67 one-bedroom and 46 two-bedroom units) arranged across two blocks, each rising to six storeys
