Oak-NGate Ltd, has applied for planning approval to proceed with the development of 49 homes in Hamlet B, Gartloch Village.
The site spans approximately 1.94 hectares and is intended for a residential project consisting of 49 units, along with supporting infrastructure. This includes provisions for open spaces, all situated within the broader Master Planned development of Gartloch Village.
The proposal includes a selection of eight distinct house types, offering a mix of two to four-bedroom homes. These will comprise both semi-detached and detached properties, designed to align with the architectural styles seen in the neighbouring Hamlets.
The new homes will showcase a variety of sizes and designs, contributing to a diverse streetscape while catering to the preferences and requirements of a range of homeowners. All houses will feature consistent roof pitches and a harmonious material palette, ensuring a cohesive aesthetic. Each property will be two stories tall, with unique features that add character and individuality.
Gartloch Village is situated to the east of Glasgow, nestled between the M8 and M73 motorways. This strategic location provides excellent transport links, enabling quick access to Glasgow and Edinburgh via the M8, and to destinations north and south through the M73 and M74.
Positioned less than a mile southwest of Gartcosh Village and approximately six miles east of Glasgow City Centre, Gartloch Village is a well-established residential community favoured by commuters working in Glasgow and nearby towns.
The area benefits from a frequent bus service running between Moodiesburn and Shettleston, with a key stop at Glasgow Fort, connecting passengers to an extensive network of bus routes. Additionally, the nearby Gartcosh train station offers direct connections to major cities and towns.
Gartloch Village is conveniently located near a range of amenities, including Glasgow Fort Shopping Complex, supermarkets, sports centres, golf courses, business and industrial parks, and various local attractions.
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 in 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 Finance in 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 Rent Development Finance: Build to rent projects 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.
Development Exit Finance: Development exit finance comes into play when a project is nearing completion and awaiting sales or refinancing to complete. It repays the development finance and is typically at a lower interest rate, allowing developers to access profits or raise capital for future projects.
