Grade A listed freehold Scottish castle with cottages, barony title, gold and copper reserves and 240 acres of land goes to auction for just £130,000 just as plans for a space centre are announced in the vicinity
Our November 2018 article on an Irish castle on a private island that was for sale for just £80,000 ($111,000, €93,000 or درهم409,000) continues to attract numerous hits each week to this day and now we’ve found something equally ‘cheap’ in Scotland that we imagine will prove equally popular.
Situated on Unst, the northernmost of the inhabited isles of Great Britain, 15th century Muness Castle is to be sold at auction on 23rd April with a guide price of just £130,000 ($181,000, €151,000 or درهم665,000). It comes with 240 acres and thus comes in at an astonishingly low price equivalent of just £542 per acre ($755, €629 or درهم2,800 per acre).
Given farmland in Oxfordshire is currently valued at around £10,300 per acre ($14,400, €12,000 or درهم52,700 per acre), this apparent bargain does, however, come with a number of catches. The “number of crofter’s cottages” that come as part of the property are “mainly in derelict condition,” according to auctioneers Future Property Auctions of Glasgow, and the most definitely presently anything but inhabitable 73-foot by 26-foot, Grade A listed castle itself is currently “run as museum by Historic Scotland” on a “free of charge basis.”
Currently owned by one Gavin Farquhar of the Ecclesgreig Estate in Kincardineshire, the property offered was listed as having a “consideration” value of £65,000 ($91,000, €75,000 or درهم333,000) in August 2006 and aside from a number of “burdens” to various parties, includes part-diviso rights to “gold and copper reserves discovered in a recently commissioned geological survey.”
For a buyer wanting a barony title, seclusion and to own land on a “superb section of coastline” rich in flora, fauna and sea life where dolphins, otters, puffins, seals and whales are spotted regularly, here is a bargain piece of paradise. Unst covers an area of 46 square miles, has a population of 632 and is accessible primarily by ferry since its airport was mothballed in 1996.
A graduate of the London School of Economics, Matthew Steeples is a writer and marketing consultant. He conceived The Steeple Times as a media arena to fill the void between the Mail Online, The Huffington Post and such organs as the New York Social Diary in 2012.
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A waste of money. Imagine living in such conditions? The weather is hardly that of Barbados!