Derelict Fife farm building sells for £160,000 – five times more than auction price

A derelict farm building in Fife has been bought at auction for £160,000 - five times its guide price.

Friday, 6th May 2022, 5:47 pm
Updated Friday, 6th May 2022, 5:51 pm

The remote stone built building, five miles from Dunfermline and only reached by a rough track, was sold by leading national auctioneers, Auction House Scotland.

The Stables, Bowleys Farm, which is Grade C listed, is ruined and has nearly six acres of land.

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The building sold for five times its auction price

It is thought to date back to the late 18th century and was guided at £32,500.

Attached to the property is a garage or store and within the grounds is a half-built breeze block building.

Mandi Cooper, managing director, said, “It received a significant amount of interest leading up to the auction which translated into several registered bidders on the day.

The Stables, Bowleys Farm, is Grade C listed

“We continued to receive calls right up until a few minutes before the auction started.

“Selling for almost five times the guide price exceeded both our and our sellers’ expectations.