£25,000 Opening Bid

2 Norval Place, Moss Road, Kilmacolm, PA13 4AQ

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Rare Residential Development Opportunity

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: A
Planning Documents
Rare Residential Development Opportunity

Details

Property Summary

 

  • Prime Property Auctions is excited to present this rare conversion opportunity located within a sought after location in Kilmacolm- Opening bid £25,000

  • ***Flat C, 3 Norval Place, Moss Road, Kilmacolm, PA13 4AQ Previously sold for £147,500. 8 Elphinstone Mews, Lochwinnoch Road, Kilmacolm, PA13 4DP Previously sold for £248,000. High Howe, Port Glasgow Road, Kilmacolm, PA13 4DB Previously sold for £401,688.**

  • Fantastic development opportunity with planning approved for a 1 bed flat conversion. Sure to appeal to builder/investor/developer looking for a project they can put their own stamp on. -***HUGE VALUE TO BE ADDED***

  • Prime Opportunity for Property investors looking for Rare development opportunity. If converted, the property could achieve a rental income of £625-£675 per month (£7,500 - £8,100 p/a) as a 1 Bedroom Flat. ***HIGH YIELDING POTENTIAL***

  • Property is located near a whole host of local amenities including many popular coffee shops, bars and restaurants, with local schools nearby.  


***PLANNING APPROVED FOR CONVERSION INTO 1 BED FLAT - PLANNING REFERENCE NUMBER : 23/0239/IC***

Ground floor: Currently a Basement, the property benefits from garden access and is awaiting conversion into a 1 bed property. 

Rarely available Auction property. Fantastic yield of 14 -15% after renovation if achieved for opening bid of £25,000. Property would attract a monthly rental of £425 - £475 per calendar month. This would generate an annual income of £5,100 - £5,700.

Prime Opportunity for Property investors looking for an excellent development opportunity within a sought after location. Fantastic Capital growth potential once converted. Sure to appeal to builder/investor looking for Rare auction property.

Local sales evidence:

***47, Hill Rise, Kirriemuir, Angus, DD8 4JR Previously sold for £115,000.12, Orchard Brae, Kirruiemuir, Angus, DD8 4JY Previously sold for £311,500. 18, Kinnordy road, Kirriemuir, Angus, DD8 4JL Previously sold for £280,000***

Excellent Development Opportunity. Property is ready for builder/investor/developer to bring to life.

Prime Opportunity for Property investors looking for Rare development opportunity. If converted, the property could achieve a rental income of £625-£675 per month (£7,500 - £8,100 p/a) as a 1 Bedroom Flat. ***HIGH YIELDING POTENTIAL***

Property has an opening bid price of £25,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

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. For further details on how to have a bidding account created please contact the team.

 

Location:

 

The centre of Kilmacolm is only about 0.6 miles away and is a pleasant walk. Kilmacolm village centre, recently redeveloped, has been hard and soft landscaped, is very pretty with seats and summer flowers making for a pleasant meeting and sitting point. There are local stores offering everyday provisions, popular village restaurants, gift/home stores and coffee shops. The community centre and library are now at the pleasant pedestrianised heart of the village and where a farmer’s market is hosted from time to time.
The village has a thriving social community with clubs catering for golf, tennis and bowling. Kilmacolm Golf Club is about 1 mile from Tathieknowe and offers a challenging 18-hole heath/parkland course designed by the acclaimed course architect James Braid. The village also has an excellent health and fitness centre at Birkmyre Park.
Surrounding countryside is some of the most attractive in West Renfrewshire and for the outdoor enthusiast this is fine walking country. The Sustrans cycle track leads to many other parts of central Scotland.

Location

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Virtual Tours

Floorplans

Property Features

  • • Prime Property Auctions is excited to present this rare conversion opportunity located within a sought after location in Kilmacolm- Guide price £40,000
  • • ***Flat C, 3 Norval Place, Moss Road, Kilmacolm, PA13 4AQ Previously sold for £147,500. 8 Elphinstone Mews, Lochwinnoch Road, Kilmacolm, PA13 4DP Previously sold for £248,000. High Howe, Port Glasgow Road, Kilmacolm, PA13 4DB Previously sold for £401,688.***
  • • Fantastic development opportunity with planning approved for a 1 bed flat conversion. Sure to appeal to builder/investor/developer looking for a project they can put their own stamp on. -***HUGE VALUE TO BE ADDED***
  • • Prime Opportunity for Property investors looking for Rare development opportunity. If converted, the property could achieve a rental income of £625-£675 per month (£7,500 - £8,100 p/a) as a 1 Bedroom Flat. ***HIGH YIELDING POTENTIAL***
  • • Property is located near a whole host of local amenities including many popular coffee shops, bars and restaurants, with local schools nearby.

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2 Norval Place, Moss Road, Kilmacolm, PA13 4AQ

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