Everyone is feeling the pinch in their pocket just now.
And for those looking to get on the property ladder, times have never been tougher.
However, a unique opportunity has now presented itself for those with an eye for extreme bargain and a DIY challenge.
A studio flat in Auchinleck is going up for sale by auction at a guide price of just £5,000 – and it’s the cheapest for sale in Ayrshire right now, according to online property portal Rightmove.
Being sold by property auctioneers, Auction House Scotland, the ground floor studio flat at 71 Main Street is in need of a full renovation throughout.
As such, it might catch the eye of potential buyers looking to get stuck into a project with the opportunity to add value to their investment.
Centrally positioned in the village, the flat comprises an entrance hall which leads into the lounge/bedroom with an open plan kitchen with fitted units, storage cupboard and inner hallway leading to bathroom.
Although in need of a complete refurbishment, the property does currently have electric storage heaters and double-glazing.
The flat will be going under the hammer at Auction House Scotland’s in-room auction taking place at 2pm on January 26 at the Radisson RED hotel, 25 Tunnel Street, Glasgow.
The auction will be live streamed allowing interested bidders the option to watch and bid online, whilst telephone and proxy bidding is also available if potential buyers are unable to attend the auction to bid in person.
All bidders are required to register to bid before participating.
For further information about the property, to arrange a viewing or to find out more about buying at auction, please visit the auction house website at auctionhouse.co.uk/scotland or call 0141 339 4466.
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