A one-bed flat is up for sale for just £10,000. The uninhabitable flat, in Kilmarnock, East Ayrshire, is deemed to be a "great refurbishment project".
It will go under the hammer on Friday with a guide price of £10,000. Pictures show holes in the floorboards and the ceilings, and it is strewn with detritus.
The ground floor flat at 3 Dick Road is currently listed as the cheapest property for sale in the town and is close to the M77 motorway. In need of full refurbishment throughout, the flat’s original layout comprises an entrance hallway, living room, galley kitchen and bathroom.
The selling agents said: "It may not appeal to everyone, however with a price starting at just £10,000 it’s a hard deal for any property developer to turn down."
Mandi Cooper, managing director of Auction House Scotland, said: “With a guide price of £10,000, this property has already been attracting a lot of attention ahead of our September auction. Although currently inhabitable, it would make for a great refurbishment project and offers a potential buyer an exciting opportunity to add value.
"Once completed, the flat could be used as a buy-to-let property with a potential annual rental income of £4,189 (at Local Housing Allowance rates).”
The property will be going under the hammer at Auction House Scotland’s in-room auction taking place at 2pm on Friday, September 2, at the Radisson RED hotel, 25 Tunnel Street, Glasgow.
