Initial price	£35,000
03/04/24	£25,000
Price Change	-28.57%

Prime Property Auctions is offering a rare conversion opportunity in the sought-after location of Kilmacolm, with an opening bid of £25,000. The property, located at Flat C, 3 Norval Place, Moss Road, Kilmacolm, PA13 4AQ, previously sold for £147,500 and offers a fantastic development opportunity with planning approved for a 1 bed flat conversion. The property has the potential to generate a rental income of £625-£675 per month (£7,500 - £8,100 p/a) and boasts a high yielding potential. The property is located near a range of local amenities, including coffee shops, bars, and restaurants, and is within walking distance of the village centre. With a potential yield of 14-15% after renovation, this property is sure to appeal to builder/investors and developers looking for a rare auction property.