2 Canal Street Falkirk FK2 7FD
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- SECTOR
Commercial property for sale
Key features
- PRIME NEW LISTING. We are excited to present this excellent residential development opportunity located within a prime location in Falkirk.
- Vacant and ready for refurbishment, the property offers a potential rental income of £650 per month (£7,800 per annum) once improved and let.
- This is an unmissable opportunity for investors or developers seeking a substantial yet affordable building with exciting scope to revitalise and add value.
- Requiring full renovation, the property offers excellent capital growth potential and is sure to appeal to builders and investors seeking a rare auction opportunity.
Description
- PRIME NEW LISTING. We are excited to present this excellent residential development opportunity located within a prime location in Falkirk.
- Sales Evidence: ****
- Vacant and ready for refurbishment, the property offers a potential rental income of £650 per month (£7,800 per annum) once improved and let.
- This is an unmissable opportunity for investors or developers seeking a substantial yet affordable building with exciting scope to revitalise and add value.
- Requiring full renovation, the property offers excellent capital growth potential and is sure to appeal to builders and investors seeking a rare auction opportunity.
PRIME NEW LISTING. We are excited to present this excellent residential development opportunity located within a prime location in Falkirk.
The property comprises, subject to planning, a two-bedroom flat and a one-bedroom flat on the ground floor, a three-bedroom flat on the first floor, and a one-bedroom duplex flat together with a one-bedroom flat on the second floor.
As the property is vacant, it presents a remarkable opportunity for investors to reposition and refurbish the building to unlock its full potential. Once upgraded, the property offers a potential rental income of £650 per month (£7,800 per annum), making it an attractive prospect for landlords seeking future income, while also offering flexibility for first-time buyers, families, downsizers or new owners looking for a property that can be transformed and made ready to move into or let.
This is an unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. The property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.
The property requires full renovation, however this creates superb scope for value-add improvement and excellent capital growth potential. It is sure to appeal to builders, developers and investors seeking a rare auction property with genuine upside.
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
****
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Falkirk is a popular and well-connected central Scotland location that appeals to families, professionals and tenants alike. The area offers a wide range of everyday amenities including shops, supermarkets, cafés and leisure facilities, along with well-regarded schooling and pleasant parks and green spaces for outdoor enjoyment. Excellent transport links make commuting straightforward, with convenient road and rail connections to both Edinburgh and Glasgow. Falkirk's blend of accessibility, local convenience and strong residential appeal makes it an attractive place to live and a favourable area for those seeking long-term rental demand.
2 Canal Street Falkirk FK2 7FD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Falkirk Grahamston Station0.5 miles
- Camelon Station1.3 miles
- Falkirk High Station1.3 miles
Notes
Disclaimer - Property reference 229046118. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”