Main Street, Shotts ML7 Residential development for sale

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Main Street, Shotts ML7 Residential development for sale

Main Street, Shotts ML7
£65,000

Our Summary

  • We are excited to present this vacant commercial property with planning permission for conversion to two one-bedroom flats, located in a prime location in Shotts
  • (91 SQM) *9, Empire Gate, Shotts, ML7 5DH sold for £79,000, 3, Tarbrax Path, Shotts, ML7 5EH sold for £100,400, 35, Main Street, Stane, Shotts, ML7 5EE sold for £75,000* This property presents a unique opportunity with full planning permission for conversion from commercial units into two charming one-bedroom flats
  • Planning Ref: 21/02259/NCC
  • Additionally, those looking to build their dream home with potential for customisation, subject to necessary approvals, will find it equally enticing
  • With full planning permission secured for the conversion into residential flats, this property offers endless possibilities
  • Projected rental income showcases the strong investment potential, with estimates between £550 and £600 per flat per month, offering a lucrative return
  • An ideal opportunity for investors seeking rental income and capital growth, or for homeowners eager to create their dream space with potential for personal customisation, subject to planning
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created
  • Additionally, those looking to build their dream home with potential for cus
  • • This property presents a unique opportunity with full planning permission for conversion from commercial units into two charming one-bedroom flats

Description

This vacant commercial property in Shotts, Scotland, offers a unique opportunity for conversion into two one-bedroom flats, with full planning permission secured. The property, with a rateable value of £4,350, can be developed into two charming flats, potentially generating a rental income of £1,100 to £1,200 per month. The property's prime location, excellent transport links, and local amenities make it an attractive investment opportunity for those seeking rental income and capital growth. Additionally, the property's vacant state allows for potential customization, subject to necessary approvals, making it an ideal choice for homeowners looking to create their dream space. With a fantastic discount offered, this property is open to immediate offers and will feature in an upcoming timed online auction.