Spectrum Properties (Scotland) Limited will purchase the former school buildings, janitor’s house and adjacent ground at Firpark Street for £550,000.

Depending on planning and other consents, the sale will see the building of 145 two-bedroom flats and a two-bedroom house, and will allow the safeguarding of a B Listed building façade and the development of an adjacent brownfield site.

The council said the property was in extremely poor condition, and it was considered that the optimal solution for the site was the retention of the school’s southern façade as it has the greatest architectural merit, along with part of the east and west façades, with a new-build flatted development in the internal areas of the former school.

Councillor George Redmond, executive member for jobs, business and investment at Glasgow City Council, said: “This decision will allow the development of new flats in a popular area of Dennistoun while protecting the B Listed façades of the former school, and raise a capital receipt for the council.”

The sale follows a marketing exercise carried out by City Property, who considered the sale to Spectrum Properties (Scotland) Limited the best offer for the site.