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 3 Norval Place, is a basement that has been granted planning approval for a 1 bed flat conversion, with the potential to generate a rental income of £625-£675 per month. The property has a high yielding potential of 14-15% after renovation. The location offers easy access to local amenities, including coffee shops, bars, and restaurants, and is near a community center and library. The property is ready for a builder/investor/developer to bring to life and has the potential for high capital growth once converted. The auction is open to immediate offers, and the property is offered at a fantastic price to ensure an auction sale.