A derelict home just yards from the Gleneagles Hotel is going to auction for almost £1 million.
Ardpeaton, on Caledonian Crescent, is adjacent to the iconic golf course.
But it needs some serious TLC.
The four-bedroom home is described as an “attractive purchase” and will go under the hammer next week.
The home features a large entrance hall that accesses the living room, dining room, separate sitting room and family room – which could be converted into a fifth bedroom.
The kitchen, a utility room and bathroom complete the ground floor.
Moving upstairs, there are four bedrooms and a bathroom.
Agent Wilsons Auctions describes it as an “attractive purchase for a variety of different buyers.”
The firm says the property is ideal for buyers looking for a project or investors seeking to achieve a “very strong” rental or holiday let income.
The property has a home report value of £1.1 million and prospective buyers may be able to rent out the home for £2,500 a month.
Additionally, it could generate between £250 and £300 per night as a holiday let.
Ardpeaton will go under the hammer with Wilsons Auctions in Glasgow on Wednesday March 12 at noon.
The property has a guide price of £925,000.
Elsewhere, a stunning seafront cottage in Fife’s East Neuk has come up for sale.
And a £4 million home in Highland Perthshire is being given away in an online draw.
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