A property-developer has added the A-listed Mansion House in Glasgow’s East End to its portfolio, in a move it says will safeguard the future of the “Scottish baronial masterpiece”.

Family-owned Spectrum Properties, which operates in Glasgow, Edinburgh and Stirlingshire, has revealed that it has paid an undisclosed sum to save the property in Tollcross Park, and it plans to spend a further £1 million converting its 13 "spacious” apartments for rental.

The Glasgow-based firm, which says it is one of the largest property companies in Scotland, says this will create “much-needed” homes that will form the “centrepiece” of the park and be ready for market by the end of next year.

Developer Spectrum Properties snaps up historic building in Glasgow to create rental properties