2 bedroom flat for sale

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2 bedroom flat for sale

Main Street, Douglas ML11
£68,000

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
Price Change -2.86%

Description

This is a unique opportunity to develop a former pub and restaurant in the village of Douglas, South Lanarkshire, which currently includes a two-bedroom residential flat. The property has huge potential for residential development, with plans to convert it into four two-bedroom flats (subject to gaining necessary consents). The estimated rental value for each flat is £400 per month, offering a massive return on investment. The property is located in a rural setting, just a mile from the M74, making it an ideal location for those who want to live in the countryside but still have easy access to major towns like Hamilton, Motherwell, and Glasgow. The property is being sold through a timed online auction on October 17, 2024, and interested bidders can submit an enquiry or visit the website for more information on how to participate.