A FLAT in Port Glasgow's derelict Clune Park estate is set to go under the hammer this week.

The one-bedroom, ground-floor home on Clune Park Street, with a guide price of just £8,000, is due to be sold at a Future Property Auctions event on Thursday.

Marketed as a refurbishment property and said to be in an 'unsuitable condition for habitation', the tenement flat is only to be purchased by potential developers due to its current state and location.

A note on the online listing states: "We understand that this property lies within the Clune Park regeneration plan and purchasers are advised to satisfy themselves as to any ongoing progress with the plans via Inverclyde Council.

"The property and building require full modernisation and the flat is priced competitively to reflect this."

READ MORE: Revised masterplan for £31m redevelopment of derelict Clune Park estate unveiled

There is said to be damage in the communal close area, while new windows and a full refurbishment are required.

Six buildings are currently subject to active demolition orders within the wider estate.

A category B-listed former primary school has been partially demolished after being gutted by a fire last year, while earlier this month, firefighters were called out to the latest blaze at an empty block of flats on Robert Street.

A council report submitted along with a masterplan for the site, which is also home to a former church, proposed the acquisition of the remaining 161 properties in the Clune Park estate, with the local authority currently owning 269.

READ MORE: Firefighters called to late night blaze at derelict Clune Park flats

Ownership of the buildings within the estate is divided amongst Inverclyde Council, River Clyde Homes and various private landlords.

Rubberstamped in November, the £31 million preferred option for the site, which has suffered from vandalism, wilful fire attacks and neglect for years, includes the construction of 135 new homes in a mixture of flats, cottage flats and houses.

More than 400 flats, across 45 four-storey tenement buildings, were once occupied in Clune Park, which dates back to the early-1900s and was largely abandoned by the turn of this century.