Friday, March 29, 2024
NewsMansion slashed by half a million

Mansion slashed by half a million

A GEORGIAN mansion with seven bedrooms and eight acres is up for grabs for £300,000 – following an astonishing half a million pound price cut.

The 222-year-old B-listed property has been empty for four years and needs around £100,000 to bring it back up to standard.

But even a £400,000 bill would make the stunning home about the same price as a four-bedroomed house in Edinburgh – or a studio flat near Hyde Park.

Milton House in Dumbarton
Milton House in Dumbarton

Milton House, near Dumbarton, West Dunbartonshire, was put on the market in 2012 with a price tag of £800,000.

But after failing to sell and then being repossessed, the property has just been put back on the market at just over a third of the original price.

The mansion, built in 1794 for the manager of the nearby mill which gave the area its name, was once described as “like a pink doll’s house, overlooking the Clyde”.

Milton House, which has drawn praise for its symmetrical structure and classical features, is one of a tiny number of Georgian mansions on the historic river.

A little TLC is required
A little TLC is required

Sellers Caledonia Bureau describe Milton House as “a category B listed Georgian mansion…situated within it own private woodlands with sloping driveway”.

Set over four floors, the house retains many of its original period features with the entrance leading to reception hallway and drawing room.

An elegant Georgian stone staircase leads to the first floor landing where the master bedroom, a dressing room/bedroom, guest bedroom, two bathrooms are and a further three bedroom are on the second floor.

Many original features reamin, including ornate cornicing andceiling roses, panelled ceilings, window shutters, Adam-style fireplaces, dado rails, and stone staircase.

The 222-year-old B-listed property has been empty for four years and needs around £100,000 to bring it back up to standard.
The 222-year-old B-listed property has been empty for four years and needs around £100,000 to bring it back up to standard.

The house is surrounded by a variety of exotic plants which were collected by the previous owners who took several trips to China and the Himalayas, collecting rare and interesting trees.

The stunning mature gardens which have been developed over the last century include an outstanding collection of rhododendrons, azaleas as well as eucryphias.

But Caledonia Bureau admit: “The property now requires significant upgrading hence the competitive asking price. There is no doubt this could become an outstanding family home.”

The property has been vandalised in recent years with “various areas of glass have been smashed”, according to the home report.

The report, which valued the repair to the property also said: “The lower outer rear door has been vandalised and taken off its hinges.”

Scott Caldow, of Caledonia Bureau said: “It a damn shame, and the fear is that we’re not going to find someone to take it on. It will need at least £85,000 invested in to it.”

In contrast, for the same price you would be able to afford a rather small studio apartment in London or a three bedroom flat in the centre of Edinburgh.

Milton was once a textile hamlet dependent on the tumbling waters of the Milton Burn and the house, was built as the mill manager’s residence.

It is located close to the ancient Royal Burgh of Dumbarton (2 miles) and Glasgow (12 miles) with excellent connections via Glasgow International Airport (7 miles).

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