Main Street, Shotts ML7 Residential development for sale

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Main Street, Shotts ML7 Residential development for sale

Main Street, Shotts ML7
£75,000

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 to convert two commercial units into two one-bedroom flats, with full planning permission already secured. The property, located in a prime location, has a rateable value of £4,350 and could generate a projected rental income of £1,100 to £1,200 per month. The property's estimated value is £79,000 to £100,400, making it an attractive investment opportunity for those seeking rental income and capital growth. With a fantastic discount being offered, this property is open to immediate offers and will feature in an upcoming timed online auction. The location of Shotts provides a blend of urban convenience and picturesque surroundings, with excellent transport links to Glasgow and Edinburgh, making it an ideal choice for both residents and investors.