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Norval Place, Kilmacolm PA13 1 bed flat for sale

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Norval Place, Kilmacolm PA13 1 bed flat for sale

Norval Place, Kilmacolm PA13
£1,000

Our Summary

  • We are excited to present this rare residential development opportunity located within the sought after location in Kilmacolm• *Flat C, 3 Norval Place, Moss Road, Kilmacolm, PA13 4AQ Previously sold for £147,500
  • • Fantastic development opportunity with planning approved for a 1 bed flat conversion
  • Sure to appeal to shrewd investors looking for a project they can put their own stamp on
  • We are excited to present this rare development opportunity, located within a sought after location in Kilmacolm
  • *PLANNING APPROVED FOR CONVERSION INTO 1 BED FLAT**HUGE POTENTIAL*Property comprises: Currently a Basement, the property benefits from garden access and is awaiting conversion into a 1 bed property
  • Prime Opportunity for Property investors looking for an excellent development opportunity within a sought after location
  • Prime Opportunity for Property investors looking for Rare development opportunity
  • 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
  • Fantastic development opportunity with planning approved for a 1 bed flat conversion
  • We are excited to present this rare residential development opportunity located within the sought after location in Kilmacolm

Description

This is a rare development opportunity in the sought-after location of Kilmacolm, Inverclyde. The property, currently a basement, has planning approval to be converted into a 1-bedroom flat, offering huge potential for value addition. With local sales evidence of similar properties selling for £147,500 and £160,000, this property presents an excellent chance for shrewd investors to put their own stamp on the project. Once converted, the property could potentially attract a rental income of £700-£795 per month, making it an attractive BRRR opportunity. The property is situated in the affluent village of Kilmacolm, near local amenities and just 30 minutes from Glasgow City Centre, making it an attractive location for families and professionals seeking space, safety, and a prestigious address.