Ayrshire's cheapest flat to be auctioned for £10,000 — but you can't live in it

The most cost effective one-bed flat in Kilmarnock goes beneath the hammer subsequent week with a information worth of simply £10,000.

In want of a full refurbishment all through, the bottom flooring flat at 3 Dick Street provides a golden alternative to revive this as soon as liked dwelling to its former glory.

An actual fixer-upper, quantity 3 might not attraction to everybody, however with a worth beginning at simply £10,000 — the most affordable property on the market within the city, in line with on-line property portals Rightmove and Zoopla — it’s a tough deal for any potential developer to show down.

The flat’s authentic structure contains; an entrance hallway, front room, bed room, galley kitchen and loo, nevertheless the brand new proprietor might look to reformat the lodging.

The property is currently uninhabitable and requiring a full renovation
The property is at present uninhabitable and requiring a full renovation (Picture: Public sale Home Scotland)

Mandi Cooper, managing director of Public sale Home Scotland who all promoting the property, mentioned: “With a information worth of £10,000, this property has already been attracting quite a lot of consideration forward of our September public sale.

“Though at present uninhabitable, it could make for an important refurbishment mission and provides a possible purchaser an thrilling alternative so as to add worth.

“As soon as accomplished, the flat could possibly be used as a buy-to-let property with a possible annual rental revenue of £4,189 (at Native Housing Allowance charges).”

Number 3 provides a good opportunity for a property flip project
Quantity 3 gives an excellent alternative for a property flip mission (Picture: Public sale Home Scotland)

The property might be going beneath the hammer at Public sale Home Scotland’s in-room public sale happening at 2pm on Friday, September 2 on the Radisson RED resort, 25 Tunnel Road, Glasgow.

The public sale might be reside streamed permitting bidders the choice to look at and bid on-line, while phone and proxy bidding can be out there if potential patrons are unable to attend the public sale to bid in particular person.

All bidders are required to register to bid earlier than taking part.

The former bathroom has seen better days
The previous toilet has seen higher days (Picture: Public sale Home Scotland)

Open viewings of the property are happening on Friday, August 26 from 11-11.30am, and Tuesday, August 30 from 10–10.30am ought to anybody within the flat need to have a look round.

For extra details about the property, together with the authorized pack, in addition to particulars of the public sale and find out how to register to bid, please go to: auctionhouse.co.uk/scotland or name 0141 339 4466.

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