One-bedroom flat in affluent Kilmacolm village

Rare development opportunity in the affluent village of Kilmacolm. Tenement basement with planning permission granted for conversion to a 1-bedroom flat. Fantastic location within the village, close to the centre. This property offers a perfect opportunity for a developer with all services in the building. Realistic completed development value of over £100,000 based on current market. Kilmacolm boasts the highest average house prices in Inverclyde, generating significant demand. The village is located around 14 miles west of Glasgow, set around a central square and Kirk. Recent sales in the area include: 2 Norval Place (£118,000 in Nov 20), 3 Norval Place (£107,000 in Mar 21), and Flat Ground Left, 1 Norval Place (£100,000 in June 21). The village offers local stores, popular restaurants and coffee shops, St Columba’s School, and Kilmacolm Primary School. Recreational facilities include a golf club, tennis club, and bowling club. Kilmacolm is a short drive from Johnstone bypass, connecting to the M8 motorway for access to the Airport, Braehead Shopping Centre, and Glasgow City Centre. This is a rare auction entry.