Three-bedroom flat sells for just £12,000

An image of the damage to the flat's ceiling published on the Auction Scotland listing
An image of the damage to the flat's ceiling published on the Auction Scotland listing

A three-bedroom flat in Carbrain was sold for less than £12,000 at auction, but DIY skills will be a necessity for the lucky buyer.

The property in Greenrigg Road cost more than the guide price of £9,500, and although auctioneers say the exact amount the property sold for can’t be revealed for privacy reasons, they confirmed it was sold for under £12,000.

The “generously proportioned” flat has a reception hallway, a front facing lounge, gallery style kitchen, three bedrooms and a bathroom.

The advert on Auction House Scotland said the flat had a “fantastic low price” and “development potential” but is in need of a “full refurbishment”.

Pictures of the dilapidated flat show a large section of the ceiling missing in one room, badly stained carpets in another and what looks like plaster dust coating the bath.

The property was valued at £15,000 and is said to have a potential rental value of £490pcm.

In an auction last year, the company sold a flat in New Cumnock for £8,700 and another in Cambuslang for £10,500.

They have even auctioned flats for just £1 in the past.