Whether you’re a property investor seeking the best possible ROI or a homeowner on the lookout for a bargain, auctions are an excellent place to look. Here, we have selected some of the most affordable lots available throughout August 2023.
With some representing promising projects and others requiring only minimal work to be brought to their full potential, see below to explore some of the lowest-guide price deals currently on the market.
With a reception room, kitchen and bathroom to the ground floor and two bedrooms to the first floor, this terraced property requires refurbishment throughout and represents an exciting project. It includes a rear yard and features space for off-street parking.
Less than 30 minutes’ drive outside of Newcastle, the property sits just around the corner from South Play Park’s green field. The shops, pubs, cafés and other amenities of Derwent Street sit just over five minutes’ walk away, and junction 65 of the A1(M) can be reached in just over 30 minutes.
The lot will be brought to auction by Allsop Property Auctions on 3rd August 2023 with a Guide Price of £30,000.
This well-positioned property would benefit from a few improvements, but offers an excellent return. Featuring a very good sized lounge and kitchen to the ground floor, along with two spacious bedrooms and a family bathroom to the first floor, the lot includes a walled rear yard.
Barrow Station and Barrow Park both sit less than 10 minutes from the property, and the town’s high street can be reached within five minutes’ drive, as can the local leisure centre and Barrow Dock Museum.
The property will be brought to auction by Auction House Cumbria on 31st August 2023 with a Guide Price of £45,000.
Requiring renovation throughout, this well-placed property sits in a quiet, green housing estate and includes at least one ground floor reception room and a well-arranged kitchen, as well as two good-sized bedrooms and a family bathroom. There is also a front garden and a rear yard with a brick outhouse.
Lytham Road, just around the corner, provides an array of amenities including numerous eateries, shops and access to local schools. The centre of Preston, and junction 31 of the M6 motorway, can both be accessed in around 20 minutes.
The property will be brought to auction by Pugh Property Auctions on 15th-16th August 2023 with a Guide Price of £55,000.
Available in shell condition, renovations have already been started on this characterful Bradford back-to-back. Made up of a reception room and kitchen to the ground floor, along with two bedrooms and a bathroom to the first floor, the lot benefits from plenty of cellar space and a walled front garden.
A very short distance from the various amenities of Duckworth Road and Whetley Lane, and with Bradford Royal Infirmary sitting less than a five-minute drive away, the lot is well-placed. The city centre and Bradford Forster Square are less than 10 minutes’ drive away, and local schools are within easy reach.
The property will be brought to auction by Pugh Property Auctions on 15th – 16th August 2023 with a Guide Price of £30,000.
Featuring a spacious lounge, dining room and separate kitchen to the ground floor, as well as two good-sized bedrooms and a family bathroom to the first floor, this lot sits around 15 minutes’ walk from New Clee, Grimsby Docks and Grimsby Town railway stations.
The heart of Grimsby is a similar distance away, and the green space of Grant Thorold Park can be accessed within 10 minutes. Cleethorpes Beach is just a five minute drive away, and Humberside Airport, junction 5 of the M180 and the edge of the Lincolnshire Wolds are all reachable inside of 25 minutes.
The property itself requires some cosmetic work, including new carpet or other floor coverings. It includes a rear yard and sits just around the corner from a range of amenities on Freeman Street.
The lot will be brought to auction by Allsop Property Auctions on 3rd August 2023 with a Guide Price of £45,000.
An attractive end-terrace property featuring walled gardens to the front and rear, this lot requires a programme of improvement works but promises to be a very lucrative project for the right buyer.
With a spacious living room, kitchen and family bathroom to the ground floor, the lot also features two generous double bedrooms and a box room to the first floor. It sits equidistant between parks on Manvers Road and Schofield Street, with cafés and convenience stores close at hand.
Jut three minutes’ drive from the centre of Mexborough, Doncaster, Sheffield and Barnsley can all be reached from the property within 30 minutes. Junction 36 of the A1(M) is just 17 minutes’s drive away.
The property will be brought to auction by Auction House Lincolnshire on 28th August 2023 with a Guide Price of £30,000.
This end-terrace property requires a full schedule of renovation throughout, but the possible ROI is exceptional. Comprised of a reception room and kitchen to the ground floor, as well as two bedrooms and a family bathroom to the first floor, the lot includes an attractive long rear garden.
Just over 15 minutes’ walk from the centre of Ripley (26 minutes to Derby city) and only a minute’s drive from local supermarkets and the Greenwich football and cricket pitch, the property sits within 10 minutes’ drive of junction 28 of the M1.
The lot will be brought to auction by Allsop Property Auctions on 3rd August 2023 with a Guide Price of £30,000.
An appealing end-terrace property with both front and rear gardens, this good-sized lot includes a spacious sitting room, dining room and separate kitchen to its ground floor, as well as two generous bedrooms and a large bathroom to its first floor.
There have been the beginnings of cosmetic renovation work, and this needs to be completed before the home can reach its full potential.
Great Yarmouth (Norfolk) South Beach is less than 10 minutes’ walk away, past the Royal Naval Hospital and St Nicholas’ Park, while the local train station and all of the other major amenities of the seaside town can be reached within a six minute drive.
The lot will be brought to auction by Brown & Co Property Auctions on 23rd August with a Guide Price property valuation of £60,000 – £80,000.
An elegant property with a huge amount of promise, this lot requires renovation but offers a very good return on investment.
It is comprised of a reception room and good-sized kitchen to the ground floor, as well as two spacious bedrooms and a bathroom to the first floor. It also features a pretty rear garden.
Just a three minute walk from Colchester Town train station, the property sits just over 10 minutes’ drive from the dead centre of the Roman city and only five minutes’ walk from Colchester Castle and Castle Park. The Lion Walk Shopping Centre is also only five minutes away on foot, and the highly desirable area is ideal for schools, shops, hospitality venues, museums and plenty more.
The lot will be brought to auction by Allsop Property Auctions on 3rd August with a Guide Price of £100,000.
Requiring significant internal improvement works and currently deemed unsafe to enter, this property’s location – just over 20 minutes’ walk or four minutes’ drive from the centre of Swansea – renders it the ideal investment.
With two reception spaces and a kitchen to the ground floor, along with two bedrooms and a bathroom to the first floor, the end-terrace property enjoys a position just 15 minutes from Swansea train station on foot, just around the corner from popular Neath Road, which features numerous pubs and eateries.
The lot is also well-placed for parks, schools and convenience stores, and junction 42 of the M4 can be reached in only 17 minutes by car – with the journey passing the Bay Campus of the University of Swansea.
The property will be brought to auction by The Auction Property House on 8th – 9th August 2023 with a Guide Price of £32,000.