Insights > Deals
Shawbrook provides £3.1 million for Bristol student conversion
8 October 2026 | Development finance | UK | 33 beds | Re‑development
The 16‑month facility supports the conversion of a Grade II‑listed former pub as the project nears completion.
Key details
Asset type | Re‑development |
Location | Bristol, UK |
Capacity | 33 beds |
Borrower | Undisclosed |
Lender | Shawbrook |
Broker | Page Property Finance |
Value | £3.1 million |
Source: Shawbrook Bank Limited
The Old Tavern in Stapleton is being converted into student accommodation comprising 33 bedrooms through refurbishment, an extension and works to an outbuilding.
The borrower acquired the property in 2022 and secured planning permission following an appeal. Shawbrook estimates the completed development value at approximately £4.6 million.
Strategic context
The project demonstrates how conversion and selective new construction can add student accommodation within an existing neighbourhood. Its listed‑building status and planning appeal also show why these schemes require a lender experienced in managing heritage constraints and a less straightforward construction programme.
The commercial outcome will depend on controlling the remaining costs and aligning delivery with student demand so that the property begins generating income within the financing timetable.
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