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Daily Record
Daily Record
Sarah Ward & Hannah Mackenzie Wood

Bargain Scots flat goes on sale for same price as garage in London

A bargain Scots flat is on the market for the same price as a garage in London. The one-bed property in Alexandria, West Dunbartonshire, requires some TLC but is available on the cheap at just £39,000.

And with a bit of work, it could have a potential value of £50,000, nearly 30 per cent profit, making it a great investment for someone looking to renovate.

It is tipped as a "great starter home for a first-time buyer or downsizer" and a "potential bargain".

The garden can be accessed via the rear of the property. (SWNS)

Located on the ground floor of a traditional red sandstone building, the flat is made up of an entrance hallway, lounge, large dining kitchen, double bedroom and a bathroom.

It also has a well-sized garden, which can be accessed via the rear of the property. The kitchen and bathroom are both fairly modern and only require a little updating, while the living room could be easily freshened up with a coat of paint.

The living room is in need of some TLC. (SWNS)

There is good natural light throughout the property, including in the bedroom, which appears to have a new carpet installed. The garden has also been well kept and would make an excellent space for a summer barbecue.

The property's kitchen is fairly modern. (SWNS)

The property is well located and within walking distance of shops and amenities in the town centre. It also has excellent transport links and is roughly a 40-minute commute from Glasgow.

The property is currently priced at £39,000 and has a rental income of over £370 per calendar month (over £4,480 per annum).

There is good natural light in the double bedroom (SWNS)

Comparatively, a garage in Harrow, West London, is on sale for £40,000 - measuring just a 165 sq ft floor area. Another in East Sheen, Richmond upon Thames, is also listed at £40,000.

The flat is due to go under the hammer at Auction House Scotland's on July 20 at the Radisson RED hotel, Glasgow.

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