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Main Street, Shotts ML7 Residential development for sale
Main Street, Shotts ML7
£75,000
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, presents a unique opportunity for conversion into two one-bedroom flats, with full planning permission secured. The property, comprising two commercial units, offers endless possibilities and a strong investment potential, with projected rental income of £550-£600 per flat per month. The rateable value of £4,350 would benefit from low-rate relief, making it an attractive option for investors seeking rental income and capital growth. The property is being offered at a fantastic discount to ensure a sale, and with excellent sales evidence in the area, it's an ideal opportunity for anyone looking for a straightforward purchase with excellent upside potential.