A derelict house in Bridge of Weir has been sold for £313,000 at auction following a frenzied bidding war
The four-bedroom detached villa, which requires full upgrading, has been lying empty for some time and is unsuitable for habitation.
Selling agents Online Property Auctions Scotland had originally set a guide price of just £195,000 for the half acre site on Johnstone Road, one of the most sought-after locations in the west of Scotland.
However, the property went under the hammer for a significantly higher sum of money on Thursday, August 12, following more than 80 bids.
The bidding began at £180,000 and over next five hours, seven would-be buyers battled it out before the 82nd bid of £313,000 proved to be decisive.
George Douglas, CEO of Online Property Auctions Scotland, told The Gazette: “This type of property is rarely available in this area, which is why it attracted so much interest.
“The purchaser has several options, which include renovating the existing house or building a brand new detached house or residential development, subject to obtaining planning permission.”
Located between Bankend Road and Bridge of Weir Road, the property benefits from a substantial main road frontage and was in the ownership of the same family for a large number of years.
The property currently comprises of a dining kitchen, utility room, three public rooms, two WC, a bathroom, four double bedrooms and a boxroom.
There is also a large three-car garage and basement rooms.