1 bedroom flat for sale

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1 bedroom flat for sale

Station Road, Flat 1-2, Shotts, North Lanarkshire ML7
£19,000

Our Summary

  • IDEAL FOR DEVELOPER
  • Larger style one bedroom upper flat set within traditional sandstone building ripe for redevelopment/rental market post works
  • Internal condition requires upgrading throughout
  • AUCTION DATE: 03 April 2025
  • Property requires comprehensive upgrading **EPC RATING E**

Description

This one-bedroom upper flat, located in a traditional sandstone building, offers a rare development opportunity in a highly sought-after location. With double glazing, gas central heating, and large rooms, the property has the potential to generate a significant rental income of £450 per month (£5,400 per annum). The internal condition requires upgrading throughout, making it an ideal project for a developer or investor looking to add value and increase the property's rental potential. With high tenant demand in the area, this property has the potential to generate a fantastic return on investment, with a potential rental yield of 15% based on the opening bid.
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