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Daily Record
Daily Record
National
Sarah Ward

'Uninhabitable' Scots one-bed flat up for sale at just £10,000 deemed 'great project'

A Scottish 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 there are 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.

Pictures show that there are holes in the floorboards and the ceilings, and it is strewn with detritus (Auction House Scotland/SWNS)

In need of full refurbishment throughout, the flat's original layout comprises an entrance hallway, living room, gally 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)."

Auctioneers say there has already been a lot of interest in the flat (Auction House Scotland/SWNS)

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.

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