An abandoned mansion fit for a millionaire is coming up for auction this month at a heavily discounted price
The substantial five-bedroom detached villa is situated in the exclusive Dullatur Village near Cumbernauld.
It was bought in December 2005 for £500,000. A few years later the owner is understood to have moved abroad, leaving the home empty and unattended.
It was recently purchased by a developer, who stripped it internally in the first phase of a refurbishment project.
The developer has now had a change of heart and has put the 0.7-acre site up for sale with a guide price of £525,000.
George Douglas of sellers, Online Property Auctions Scotland, said: “This is a rare opportunity to purchase a blank canvas and transform it into the mansion of your dreams.
“This type of property, in terms of location, stature, size and condition, only comes onto the market once in a generation.
“At this price the potential reward for any buyer is massive.”
The property, “Woodend” on Prospect Road, Dullator, is designed in the Greek Thomson style and comes with plans for a gym and a cinema room.
Although it doesn’t go under the hammer until October 15, there has already been huge interest in it.
OPAS say on their website: “The property is in need of full refurbishment.
“It comes with a large detached double garage which contains a bespoke kitchen made for installation which was costed at £30,000.
“This is a very rare opportunity to purchase this fantastic villa and create a stunning, unique family home of character.”
*This article first appeared in The Herald on the 1st October 2020