A property described as “Ayr’s cheapest home” is set to head to auction with bids starting at £25,000.

The one-bedroom first floor flat on Mill Street is being offered for sale at a guide price that is 37 per cent less than its Home Report value of £40,000.

Although in need of some renovation, the property offers “one successful buyer the chance to snap up a bargain”.

The flat’s accommodation includes a lounge with kitchenette, a bedroom and a shower room, and it’s located just a stone’s throw from Ayr town centre and a 15-minute walk to the esplanade and beach.

Ayr Advertiser:

The flat at 37 Mill Street will be open to bids at Auction House Scotland’s in-room auction at 2pm on May 18 at the Radisson RED hotel in Glasgow.

The auction will also be live streamed allowing interested bidders the option to watch and bid online, whilst telephone and proxy bidding is also available.

Anyone interested in viewing the flat is invited to attend open viewings taking place on Tuesday May 9 between 11:30am and midday and Monday May 15 between 1:30pm and 2pm.

Ayr Advertiser:

Details and photos of the property can be viewed at www.auctionhouse.co.uk/scotland/auction/lot/121009.