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1 bedroom flat for sale
139, Station Road, Flat 1-2, Shotts, North Lanarkshire, ML74BJ
£28,000
139, Station Road, Flat 1-2, Shotts, North Lanarkshire, ML74BJ
£28,000
Price History
Initial price | £30,000 |
26/02/25 | £28,000 |
Price Change | -6.67% |
Description
This one-bedroom upper flat is set within a traditional sandstone building and offers a rare opportunity for redevelopment or rental income. With double glazing, gas central heating, and large rooms, the property has potential for renovation and rental income of £450 per month (£5,400 per annum). The location on Station Road, just a 5-minute walk from the train station, benefits from high tenant demand, making it an attractive investment opportunity with a potential rental yield of 15% based on the opening bid. The internal condition requires upgrading throughout, providing a chance for a developer to put their own stamp on the property.