Norval Place, Kilmacolm PA13 1 bed flat for sale

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Norval Place, Kilmacolm PA13 1 bed flat for sale

Norval Place, Kilmacolm PA13
£25,000

Price History

Initial price £35,000
27/10/25 £25,000
Price Change -28.57%

Description

This is a rare residential development opportunity in the sought-after location of Kilmacolm. The property, currently a basement, has planning approval to be converted into a 1-bedroom flat, offering huge potential for value addition. With a previous sale price of £147,500, this development opportunity is expected to attract shrewd investors looking to put their own stamp on the property. Once converted, the flat could potentially generate a rental income of £700-£795 per month, making it an excellent BRRR (Buy, Renovate, Rent, Refinance) opportunity. The property is situated in the affluent village of Kilmacolm, just 30 minutes from Glasgow City Centre, and offers easy access to local amenities, top-rated schools, and beautiful countryside. With a prime location and planning approval in place, this development opportunity is not to be missed.