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BARGAIN BUY

Spacious tenement flat in town near Glasgow on market for just £20,000

The property is up for sale with a guide price more than 30 per cent less than the home report value

A SPACIOUS tenement flat is on the market for a snip - costing just £20,000.

The one-bedroom doer-upper on the High Street in Dumbarton has a home report value of £30,000.

A tenement flat in Dumbarton is on the market for just £20,000
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A tenement flat in Dumbarton is on the market for just £20,000Credit: Rightmove
The doer-upper has potential for developing and adding value
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The doer-upper has potential for developing and adding valueCredit: Rightmove
There is a room kitchen with space for a dining table
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There is a room kitchen with space for a dining tableCredit: Rightmove

But the bargain guide price of £20,000 is an astonishing 33 per cent less.

The top floor flat in the traditional red sand stone building has a large, high-ceilinged living room.

The lounge and double bedroom have bare floorboards and would benefit from re-plastering and fresh coats of paint.

Elsewhere in the property is a large kitchen with space for a dining table.

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There is also a three-piece bathroom and three generous sized storage cupboards.

And there is a vestibule at the entrance of the property.

Seller Auction House Scotland say that the flat needs renovation work with an "opportunity to add value".

If the new owner wishes to lease it, the property has a potential rental income of £373 per month or £4,487 per year.

The flat is in the B council tax band.

On the doorstep are many shops, eateries, pubs and leisure centres.

I’ve saved £1,000s after switching my tiny London flat for a caravan dubbed ‘my cottage on wheels’

The property is also a short walk from Dumbarton Central train station, ideal for those who commute or don't drive.

There are also several bus routes nearby, while Alexandria and Balloch are close.

The scenic shores of Loch Lomond are also within easy reach.

Glasgow Airport is just a 20 minute drive via the Erskine Bridge and Glasgow city centre can be reached in 30 minutes by car.

For more info, visit here.

The flat has a double bedroom
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The flat has a double bedroomCredit: Rightmove
There is also a three-piece bathroom
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There is also a three-piece bathroomCredit: Rightmove
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