• Swindon & Wiltshire Property
• Wednesday May 7 2025

Young professionals to be given a shot at co-living with Old School Buildings development

A new co-living development with planning consent in Bristol’s Old Market is being brought to market by property agent Alder King.

The Old School Buildings on Redcross Street will be transformed into 76 high-quality studio apartments, each with private kitchenettes and en-suite bathrooms, and communal spaces.

The scheme includes co-working areas, lounges, a cinema room, gym, shared kitchens, and landscaped terraces. The design combines the character of a Victorian school with modern living and is expected to achieve BREEAM ‘Excellent’ and EPC B ratings.

Located just a 15-minute walk from Temple Meads Station and close to the new University of Bristol Enterprise Campus, the site is close to
Old Market’s shops, restaurants and nightlife, with Cabot Circus and the wider city centre just a two-minute walk away.

Co-living has gained momentum in other major UK cities such as London, Manchester and Birmingham, offering a more affordable option for young professionals and key workers who need to live centrally but are increasingly priced out of homeownership and traditional rental options.

The co-living market is forecasted to expand significantly over the next five years, driven by a critical housing shortage and strong demand from young professionals seeking flexible, affordable city centre living.

“This is a rare chance to deliver a highly sustainable, design-led co-living scheme in a prime city centre location” said Hannah Eshelby, partner at Alder King. “It’s ideally placed to meet demand for flexible, sociable living for young professionals, students and key workers.”

Offers are invited for the freehold interest with the benefit of full planning permission.