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See how verdicts work1-bedroom flat · PA13 4AQ
Listing removedReduced £10k (−40%) on 15 OctListed 80 daysAuction 6 Aug · ended
Opportunity summary
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About
** sale by auction - 06 August 2026 - Timed Online Auction ** rare development opportunity in the affluent village of Kilmacolm.
Tenement basement with planning permission granted for conversion to 1 bedroom flat. *fantastic location* Perfect opportunity for developer with all services in building.
Great location close to the centre of the village. Realistic completed development value of over £100,000 based on current market.
Recent Sales- 2 Norval Place, Moss Road, Kilmacolm, £118,000- Nov 20 3 Norval Place, Moss Road, Kilmacolm £107,000- Mar 21 Flat Ground Left, 1 Norval Place, Moss Road, Kilmacolm, £100,000- June 21 massive demand for new housing and development opportunities locally.
Kilmacolm boasts the highest average house prices in Inverclyde and significant demand is generated by every property sold.
Kilmacolm, reputed to be one of the most affluent villages in Scotland and around 14 miles west of the city of Glasgow is a lovely village set around a central square and Kirk.
*Rare Auction Entry* The affluent village of Kilmacolm has local stores offering everyday provisions, popular village restaurants and coffee shops.
The prestigious St Columba’s School is conveniently situated within the village along with Kilmacolm Primary School.
There are social and recreational facilities which are all catered for which include golf club, tennis club, bowling club and restaurants.
Kilmacolm is a short drive away from Johnstone bypass which links up with the M8 motorway and connects to the Airport, Paisley, Braehead Shopping Centre and Glasgow City Centre.
Auction Details 06 August 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 2, Norval Place, Moss Street, Basement, Kilmacolm
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