1 bedroom flat for sale

>

1 bedroom flat for sale

Station Road, Flat 1-2, Shotts, North Lanarkshire ML7
£19,000

Price History

Initial price £30,000
26/02/25 £28,000
20/03/25 £26,000
22/03/25 £27,000
29/03/25 £19,000
Price Change -36.67%

Description

This one-bedroom upper flat, located in a traditional sandstone building, offers a rare development opportunity in a highly sought-after location. With double glazing, gas central heating, and large rooms, the property has the potential to generate a significant rental income of £450 per month (£5,400 per annum). The internal condition requires upgrading throughout, making it an ideal project for a developer or investor looking to add value and increase the property's rental potential. With high tenant demand in the area, this property has the potential to generate a fantastic return on investment, with a potential rental yield of 15% based on the opening bid.