PICTURES have been shared of the property currently the cheapest on Troon's housing market.

The one-bedroom flat is up for sale by auction at a guide price of £39,500, and is being sold by property auctioneers, Auction House Scotland.

The top floor flat at 95 Portland Street is currently listed as the cheapest property for sale in the town,according to online property portals Rightmove and Zoopla.

In need of upgrades, the traditional flat comprises a lounge, front facing bedroom with storage, compact kitchen and a fully tiled bathroom. 

Ayr Advertiser: Photo by Auction House ScotlandPhoto by Auction House Scotland (Image: Auction House Scotland)

The flat sits on Portland Street, on the edge of Troon’s town centre and is conveniently located within walking distance of local amenities and the beach.

Mandi Cooper, Managing Director of Auction House Scotland said: “With a guide price of less than £40,000, a significant discount to Home Report value, this flat has already been attracting a lot of attention ahead of our November auction.

"Although in need of some modernisation, it would make for a great purchase for a first time buyer or a rental investor - with a potential rental yield of more than 10 per cent (at Local Housing Allowance rates).”

Ayr Advertiser: Photo by Auction House ScotlandPhoto by Auction House Scotland (Image: Auction House Scotland)

“With the the town of Troon enjoying strong tourist demand, a potential buyer could also look to use the flat as a serviced accommodation property.”

The property will be going under the hammer at Auction House Scotland’s in-room auction taking place at 2.00pm on Thursday, November 3 at the Radisson RED hotel, 25 Tunnel Street, Glasgow.

The auction will be live streamed allowing interested bidders the option to watch and bid online, whilst telephone and proxy bidding is also available if potential buyers are unable to attend the auction to bid in person. All bidders are required to register to bid before participating.

Ayr Advertiser:

For further information about the property or to arrange a viewing, as well as for details of the auction and how to register to bid, please visit the auction house website at auctionhouse.co.uk/scotland or call 0141 339 4466.