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Studio flat for sale

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Studio flat for sale

2 Norval Place, Moss Road, Kilmacolm, PA13 4AQ
£25,000

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 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 to add value. With a previously sold similar property in the area fetching £147,500, this opportunity is expected to generate a rental income of £700-£795 per month, making it an excellent BRRR (Buy, Renovate, Rent, and Refinance) potential. The property is situated near local amenities and offers a peaceful, semi-rural lifestyle while still being within easy commuting distance of Glasgow. With its prime location, planning approval, and potential for significant value addition, this development opportunity is not to be missed.