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Purpose-Built Student Accommodation (PBSA) 137 Trongate 98 Unit Shared Accommodation For Sale Glasgow G1 5HF



INVESTMENT HIGHLIGHTS
- Opportunity to acquire a fully consented PBSA scheme in a prime Merchant City location with immediate development potential.
- Unique retention of the historic façade blended with modern communal spaces, roof terrace, and secure cycle storage.
- Strategic city centre position near the exciting Candleriggs mixed-use development, key universities, major transport hubs, and local amenities.
- Designed by leading PBSA architects, Stallan-Brand, to deliver 98 sustainable studio beds targeting a sustainable and eco-friendly EPC A rating.
- Solution towards the area's supply-demand imbalance, with Glasgow ranked second in the United Kingdom for PBSA undersupply.
- Immediate on-site commencement with PC targeted ahead of AY 2027/2028, ensuring the facility is fully operational for the incoming academic cohort.
EXECUTIVE SUMMARY
137 Trongate offers investors the rare opportunity to acquire a prime, fully consented purpose-built student accommodation (PBSA) development site within the Glasgow City Centre. Benefiting from immediate start-on-site potential, this landmark scheme has been designed by acclaimed PBSA architects, Stallan-Brand, to deliver 98 high-quality studio beds with an emphasis on sustainability, targeting an Energy Performance Certificate (EPC) A rating through advanced energy solutions such as air source heat pumps and solar panels. Situated within the vibrant Merchant City and St. Enoch Quarter, the project sits at the forefront of a transformative regeneration area adjacent to the successful Candleriggs Square development.
Preserving the character of the historic façade, the proposed development will produce modern amenities that appeal to today's discerning student residents, including contemporary communal areas, a roof terrace, a courtyard, and secure cycle storage alongside a ground-floor commercial unit for additional income potential. Strategically positioned within walking distance of Glasgow's key universities, the University of Strathclyde and Glasgow Caledonian University, and with excellent transport links to the University of Glasgow, the site is highly attractive to local and international students. Notably, Glasgow is recognised as the United Kingdom's second most undersupplied PBSA market, with a growing student population and record-breaking rental growth, creating a robust and sustained demand profile.
With over 77,000 full-time students, 33 percent of whom are international, Glasgow continues to be one of the United Kingdom's most dynamic student cities, underpinned by a strong, diversified economy and high employment levels. This scarcity of quality student beds, coupled with Glasgow's status as Scotland's largest city and its appeal to global investors, makes 137 Trongate an exceptional investment prospect. Offers are invited for the heritable interest, with forward funding and joint venture structures also welcomed to suit investor requirements.
Preserving the character of the historic façade, the proposed development will produce modern amenities that appeal to today's discerning student residents, including contemporary communal areas, a roof terrace, a courtyard, and secure cycle storage alongside a ground-floor commercial unit for additional income potential. Strategically positioned within walking distance of Glasgow's key universities, the University of Strathclyde and Glasgow Caledonian University, and with excellent transport links to the University of Glasgow, the site is highly attractive to local and international students. Notably, Glasgow is recognised as the United Kingdom's second most undersupplied PBSA market, with a growing student population and record-breaking rental growth, creating a robust and sustained demand profile.
With over 77,000 full-time students, 33 percent of whom are international, Glasgow continues to be one of the United Kingdom's most dynamic student cities, underpinned by a strong, diversified economy and high employment levels. This scarcity of quality student beds, coupled with Glasgow's status as Scotland's largest city and its appeal to global investors, makes 137 Trongate an exceptional investment prospect. Offers are invited for the heritable interest, with forward funding and joint venture structures also welcomed to suit investor requirements.
PROPERTY FACTS
| Sale Type | Investment | Costar Property Class | A |
| Tenure | Freehold | Total Plot Size | 0.50 ac |
| No. Units | 98 | Construction Status | Proposed |
| Property Type | Build-to-Rent | Property Size | 100,000 sq ft |
| Property Subtype | Shared Accommodation | No. Floors | 9 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 98 |
| Property Type | Build-to-Rent |
| Property Subtype | Shared Accommodation |
| Costar Property Class | A |
| Total Plot Size | 0.50 ac |
| Construction Status | Proposed |
| Property Size | 100,000 sq ft |
| No. Floors | 9 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 98 | - | - |
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Purpose-Built Student Accommodation (PBSA) | 137 Trongate
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