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Studio flat for sale
2 Norval Place, Moss Road, Kilmacolm, PA13 4AQ
£1,000
2 Norval Place, Moss Road, Kilmacolm, PA13 4AQ
£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 rare residential development opportunity is located in the sought-after village of Kilmacolm, just 30 minutes from Glasgow City Centre. The property, currently a basement, has planning approval to be converted into a 1-bedroom flat, offering huge potential for shrewd investors looking to add value. With a guide price, the property is expected to attract a rental income of £700-£795 per month, making it an excellent BRRR (Buy, Renovate, Rent, Refinance) opportunity. The property is situated near local amenities and has a rich history of sales evidence, with similar properties in the area selling for £147,500 and £160,000. The property is being offered at a fantastic price to ensure an auction sale, making it a prime opportunity for investors to snap up a rare development opportunity.