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1 bedroom flat for sale
Station Road, Flat 1-2, Shotts, North Lanarkshire ML7
£19,000
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.