Main Street, Douglas ML11 2 bed flat for sale

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Main Street, Douglas ML11 2 bed flat for sale

Main Street, Douglas ML11
£61,000

Price History

Initial price £64,000
11/01/25 £76,000
18/01/25 £61,000
Price Change -4.69%

Description

This is a residential development opportunity in the village of Douglas, South Lanarkshire, featuring a former pub/restaurant with a two-bedroom flat above. The property has huge potential for conversion into four two-bedroom flats, subject to gaining necessary consents, with estimated rental income of £4,800 per annum. The location is ideal for those seeking a rural lifestyle with easy access to major towns, including Hamilton, Motherwell, and Glasgow. The property is situated just a mile from the M74, making it an attractive option for developers seeking a lucrative return on investment. With drawings available and all planning enquiries to be made to South Lanarkshire Council, this is an exciting opportunity for those looking to capitalize on the potential of this property.