A two bed ‘fixer-upper’ cottage has gone the market for just £27,000 but there’s a pretty major catch.
Based in West Lothian in a town called Blackridge, it is an hour’s drive away from the Scottish capital.
An end terraced cottage with two bedrooms, the property has been made available with an astonishing guide price of just £27,000.
A listing for online estate agent Zoopla on behalf of sellers Future Auctions described the cottage is a “fabulous project for a builder or developer”.
But the listing states it requires full renovation and is currently “not suitable for habitation”.
But any investor with a little imagination would likely turn a profit considering the tiny asking price.
Property experts were keen to point out the home’s potential despite its poor condition.
And they suggested its low price it could make for a very good investment when it goes under the hammer.
Instagram account CheapScottishHomes said: “This terraced cottage is going for online auction tomorrow with a guide price of 27k!
“The cottage does need work but for that price there would be room in pretty much any budget to get some work done.”
The stone-built property includes a hallway, two public rooms, a kitchen, two bedrooms, and a family bathroom. It also comes with a private rear garden, free on street parking.
As can be seen accompanying the listing, the interior of the cottage appears very rundown. However, you can envisage how attractive the property could look with some work done to it.
The listing states: “Traditional terraced cottage in the town of Blackridge, West Lothian. Property requires full internal renovation. Currently not suitable for habitation.”
Its interior appears very rundown, but you can envisage how attractive the property could look with some work done to it.
The listing states: “Traditional terraced cottage in the town of Blackridge, West Lothian.
“Property requires full internal renovation. Currently not suitable for habitation.
“fabulous project for builder / developer“
But it is later more positive about the location and says similar properties have fetched much more.
It adds: “Fantastic location & opportunity to develop property.
“Extensive rear garden could be suitable for an extension like similar properties close by (subject to investigating & gaining necessary consents).
Blackridge is three miles west of Armadale, 18 miles east of Glasgow, 23 miles west of Edinburgh.
The property itself, meanwhile is just five minutes walk to the train station.
The listing describes the fixer-upper as a substantial stone built property over two floors.
It comprises of a Hallway, two public rooms, kitchen, two bedrooms and a family bathroom.
The home also has a private rear garden and free on street parking.
Recent local sales in the same area are cited which suggests some money could be made by a developer with a little vision.
Syvie Cottage, sold for £179,9503; quarry cottages sold for £68,000 and two quarry cottages sold for £75,000.