You Can Buy This Scottish Mansion And Bids Start At Just $2

It’s safe to say that the home has seen a lot of history.

Every queen needs her castle, so if you happen to have a couple hundred thousand laying around then you may want to get in on the auction action that is occurring over a historic Scottish mansion. The bidding ends on the 17th of July, so the deadline is fast approaching.

The auction is over the stately home in the seaport of Arbroath, Angus in Scotland. The bidding had originally started off at just £1, which is around $1.23 USD, but it’s now up to around £102,000. There is no doubt it’ll continue to rise until the end date, but that’s still not bad considering what you’d be getting.

The mansion, called The Elms, was built back around 1869 in what is known as the French Gothic Style. It was originally built for the Corsar family, who owned a textile mill in the town. Afterward, it was converted into a hotel. The hotel was in business until the second World War when the War Office commandeered it. After that, it was turned into a children’s home. It’s safe to say that the home has seen a lot of history.

The Elms was originally designed by the British architect, William Leiper. He was known not only for his residential constructions but also for his design of Glasgow’s Templeton Carpet Factory, which was also called the Doge’s Palace. The photos posted to the National Property Auctions Facebook page clearly show some incredible structure and architecture to the home.

The best part of the mansion is that it’s actually in a pretty convenient area, located within close proximity to public transport, schools, and shopping centers. However, the low price of the home does suggest some hurdles that need to be overcome. While the two-story facade of the mansion features impressive rubble-masonry, multiple balconies, an arched porch, and a round corner tower, there is a lot to be done to it in terms of major renovations.

The stately home is considered an at-risk building by Buildings at Risk Service of Historic Environment Scotland. Within the high-risk category, the home’s rating was listed as poor condition. If you look at the auction site you might pick up on some of the disrepair details, such as the many missing windows as well as a pretty rough-looking roof. The interior is said to have been stripped of its many original features as well as has suffered water damage along with dry rot. The inside of the home has also seen some vandalism.

Even though The Elms is being listed at auction, the National Property Auctions explained in a statement on their page, “Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.”

But I’m sure with the right investment, it could eventually be brought back up to code, right? If you’re like me and already creating a vision board of how you’d renovate this historic home, then you can find out more information – and even register to bid – on the auction’s website.