A former telephone exchange has gone on the market for just £8,000 – but spotting it may cause a bit of an issue.
Based at Cumledge Mill in Duns, Scotland, the property is barely visible from the roadside, with much of the exterior covered in foliage.
Situated on the corner of a road, the humble potential home appears rather pokey and neglected.
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Largely reclaimed by nature from the outside, the interior needs a full renovation and is currently just one long, narrow room.
Despite the lack of facilities, the former telephone exchange is nestled within a picturesque area, with gorgeous nature views of the surrounding fields.
The listing describes it as an “exceptionally rare development opportunity within a prime Location” and says nearby farm stays and serviced accommodation grab £130-£150 per night, reports Luxury Property News.
The property is listed at a guide price of £8,000 – though the listing, held by Prime Property Auctions, also cites it at £10,000.
The listing reads: “[The property] would suit keen developers looking for an attractive development opportunity, subject to researching and gaining necessary planning permissions.
“[The] property requires full renovation [and is] sure to appeal to shred builders/investors/developers looking for a rare project.
“Property is situated in a desirable area with great access to motorways, local amenities, restaurants, scenic views, and sports facilities.”
Jam Press Vid/Prime Property Auctions)
The agent adds its potential as a farm stay or serviced accommodation: “At 80% occupancy per month, the unit could achieve £37960 – £43800 per annum which would generate an incredible gross yield if secured at the guide.”
The listing adds that the price is reflective of “ensuring a quick auction sale”, and states that the property is open for immediate offers.
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