GETTING on the property ladder is never easy – and in the current climate, it’s becoming increasingly difficult.
Forking out for a deposit, mortgage fees, conveyancing, and all the rest of the financial faff can be a real strain on the old purse strings.
Butbargain hunters are in for a real treat as some of Scotland‘s cheapest properties are up for grabs for as little as £1000 – but there’s a catch.
Some of these homes do, however, fall firmly into the ‘fixer-upper’ category.
They’ll almost certainly put a roof over your head – but you might need to bring your own bucket for when it rains.
One-bedroom flat, Dundee
This one-bedroom flat in Dundee boasts “fantastic rental potential”[/caption]
This <a href=”https://www.rightmove.co.uk/properties/158568893#/?channel=RES_BUY” rel=”nofollow”>one-bedroom property, situated in the Whitfield area of Dundee, boasts “fantastic rental potential” for savvy buyers.
The fourth-floor flat comes with double glazing, gas central heating, and access to communal gardens.
Inside, you’ll find a lounge, kitchen, bedroom, and bathroom – all in need of some TLC.
But it will require “internal upgrade”[/caption]
Auctioneers Future Property Auctions say it will require “internal upgrade”.
But with a guide price of £1,000, it’s not an opportunity to overlook.
According to Rightmove, once spruced up, the flat could achieve rental returns of £500 per calendar month.
It will be auctioned on February 20 with a guide price of £1,000.
One-bedroom flat, Paisley
This one-bedroom flat in Paisley, Renfrewshire, need more than just a lick of paint[/caption]
Described as a “massively discounted opportunity”, this property in Paisely, Renfewshire, is conveniently located near shops, bars, restaurants, and schools.
However, it needs much more than a lick of paint.
Photos show exposed electrics, crumbling ceilings, and signs of damp, with auctioneers warning that “prior to habitation the property requires full renovation”.
It will require “full renovation” before anyone moves in[/caption]
But for those willing to take on the challenge, the rewards could be worth it.
The flat is currently open for bidding, with an opening price of just £5,000 and a guide price of £25,000.
Once transformed, it’s could attract a monthly rental income of £550–£625pcm.
One-bedroom flat, Campbeltown
This one-bedroom flat in Campbeltown, Mull of Kintyre, will go under the hammer for a jaw-dropping price[/caption]
Nestled in the charming town of Campbeltown on the scenic Mull of Kintyre, this one-bedroom flat offers enviable views of the harbour and is hailed as a “super buy-to-let investment property”.
The property features a “brand new modern white bathroom suite”, a lounge, a double bedroom, and a kitchen.
Its central location ensures easy access to local amenities and transport links.
While the flat benefits from double glazing and is described as “economical to maintain”, auctioneers note it could do with some “modernisation”.
Recent sales in the area have seen properties going for upwards of £65,000.
But this flat, which the sellers say requires only “some refurbishment”, is listed at a jaw-dropping guide price of just £3,000.
The auction is set for March 6, with photos on Rightmove currently limited to the exterior of the property.
Two-bedroom flat, Peterhead
This two-bedroom flat in Peterhead, Aberdeenshire, is valued at £50,000[/caption]
Located in the bustling fishing port of Peterhead, Aberdeenshire, this top-floor two-bedroom flat is valued at £50,000 but comes with a guide price of just £9,000 for auction.
Described as being in “excellent condition” and “very well maintained”, the property comprises a lounge diner kitchen, two bedrooms, and a recently refurbished bathroom.
It is described as being in “excellent condition”[/caption]
Auctioneers highlight it as a “super investment property” and “ideal rental property”.
Peterhead, known as Europe’s largest fishing port, boasts strong rental demand, meaning potential buyers could see returns of up to £525 per calendar month.
One-bedroom flat, Maybole
The one-bedroom flat in Maybole, South Ayrshire, is on the higher end of the budget but still a steal[/caption]
At the higher end of the budget – though still a steal – is a one-bedroom first-floor flat in Maybole, South Ayrshire.
Situated near the renowned Culzean Castle Country Park, the property enjoys a blend of historical charm and convenience.
It is also close to major transport links, a range of amenities, and several golf courses, including the world-famous Turnberry Golf Resort.
Its described as the “perfect investment property”[/caption]
The property has a “realistic rental potential” of £375 per calendar month, offering “huge yield potential” for prospective buyers.
It will go up for auction on February 27 with a guide price of £10,000.
