2 bedroom flat for sale

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2 bedroom flat for sale

Main Street, Douglas ML11
£64,000

Price History

Initial price £70,000
27/07/24 £68,000
10/08/24 £81,000
17/08/24 £65,000
05/10/24 £85,000
12/10/24 £68,000
19/10/24 £80,000
26/10/24 £64,000
Price Change -8.57%

Description

This is a residential development opportunity in the village of Douglas, South Lanarkshire, featuring a former pub/restaurant with a two-bedroom flat. The property has huge potential for conversion into four two-bedroom flats, subject to gaining necessary consents, with estimated rental income of £400 per calendar month per flat. The location is ideal for those seeking a rural lifestyle with easy access to major towns, and the property is situated just a mile from the M74 motorway. With the potential for a massive return on development, this is an attractive opportunity for developers and investors. The property will be auctioned online on October 31, 2024, and interested bidders can submit an enquiry or visit the auction house's website for more information.