From lots available with permission for demolition and the construction of a new property, to part-completed projects and buildings with significant potential, both professional and would-be developers will find properties at auction that promise excellent returns.
Below, we’ve selected a number of great opportunities that can be purchased across the UK throughout August 2023.
Featuring a plot extending to over 15800 square feet, this lot is currently comprised of a tarmacked plot with a single-storey office building in situ.
The property is available with full planning permission for the development of eight two-bed flats and associated parking spaces – however, an even larger social housing project may be possible with additional permissions.
Sitting less than 20 minutes’ drive from Glasgow city centre, under five minutes from both Cardonald train station and junction 25 of the M8, the property is within very easy reach of a rage of excellent amenities and transport links.
The lot will be brought to auction by Online Property Auctions Scotland on 24th August 2023 with a Guide Price of £195,000.
A hugely characterful, traditional building, this end-terrace property previously served as an inn – and later a retail outlet – in the popular town of Alston in Cumbria. Perfectly placed among the picturesque North Pennines Area of Natural Beauty, this lot sits right in the town centre and is arranged over four floors.
Its future owners will be able to take advantage of the garden to the rear of the property, which enjoys an open outlook over green space.
While no consents are currently in place, this lot offers a huge amount of potential – particularly when one considers the large influx of tourists that visit the area every year. The town of Penrith and junction 40 of the M6 are accessible in 35 minutes by car.
The lot will be brought to auction by Pattinson Property Auctions on 17th August 2023 with a Guide Price of £220,000.
This is a great opportunity to take ownership of a property with huge potential, within a pretty, green village just outside of Durham.
Work has already started on this two-bed bungalow, for which planning has been granted for its conversion into a four-bed dwelling with a detached four-vehicle rear garage.
Available freehold, it sits in the village of Carlton, less than 10 minutes’ drive from Stockton-on-Tees. The city of Durham is just a 30 minute drive away, with junction 60 of the A1(M) accessible in 15 minutes. The University Hospital of North Tees can be reached in five minutes by car, with Stockton station a little over 10 minutes from the property.
The lot will be brought to auction by I Am Sold Property Auctions on 21st August 2023 with a Guide Price of £200,000.
Sitting very close to the picturesque walking trail that now lies in place of the old Scarborough to Whitby railway line, this two-bed bungalow is already available in excellent condition. However, the property comes with outline planning permission for the development of two separate three-bed dorma bungalows, thanks to its substantial plot.
Full planning permission has already been granted for a rear extension.
With Cross Lane Hospital less than 10 minutes’ walk away and Scarborough town centre, the North Bay Beach and the town’s open air theatre all reachable in just over five minutes’ drive, the property is perfectly placed for all kinds of amenities.
The lot will be brought to auction by Go To Properties between 16th and 30th August 2023 with a Minimum Opening Bid of £365,000.
This property actually represents one of three lots on the Poppyfields residential site. All are available with the same Guide Price, via the same auctioneer.
As per the existing plans, this is one of two properties at this location that will eventually feature four reception rooms, four bedrooms and three bathrooms, along with a garage and a garden. Another lot available at the same location will be comprised of three reception rooms, five bedrooms and three bathrooms, and will also have a garage and garden.
Sitting just a little over 20 minutes from the heart of desirable Harrogate, this development benefits from excellent public transport links and a close proximity to a range of popular attractions including the Coldstones Cut, Stump Cross Caverns and Brimham Rocks.
The lot will be brought to auction by Feather Smailes Scales Property Auctions on 17th August 2023 with a Guide Price of £140,000.
Representing a superb opportunity to take on a commercial or mixed-use development project just over 20 minutes from the centre of Manchester, this property previously served as an eatery but is now available with planning consent for its demolition.
Permission has also been granted for the on-site construction of a three-storey building featuring two self-contained apartments – one with one bedroom and the other with two – arranged across first and second floors.
Well-positioned, just 10 minutes’ walk from Reddish North station, five minutes from Debdale Park on foot – or from Denton Golf Club by car – and only three minutes from junction 24 of the M60, the property benefits greatly from its proximity to major supermarkets and local schools.
The lot will be brought to auction by Edward Mellor Property Auctions on 16th August 2023 with a Guide Price of £125,000.
A very attractive and spacious property sitting less than 10 minutes’ drive from the centre of St Albans and perfectly placed for numerous local schools, this end terrace property was previously granted planning permission for a side and rear extension over two storeys.
While that consent has now lapsed, it sets a clear precedent and suggests that the future owner of this home will be able to achieve an excellent return on investment.
With two reception rooms and a kitchen to the ground floor, along with four bedrooms and a bathroom to the first floor, the lot features a substantial garden to the rear, as well as a pleasant forecourt and a private drive.
The lot will be brought to auction by Auction House London between 9th and 11th August 2023 with a Guide Price of £440,000.
This lovely cottage just outside of Corsham is currently comprised of two good-sized reception rooms and a shower room to its ground floor, along with two generous bedrooms and a box room to its first floor.
Enjoying an open vista with stunning rural valley views, this lot clearly has a huge amount of potential – and, as such, comes with planning permission for an exciting extension and renovation project. The superb plans are available to view via the vendor or estate agent.
With the city of Bath just 20 minutes away by car, and with Bristol accessible within 40 minutes, this property is very desirably positioned – with easy access to a number of amenities.
The lot will be brought to auction by Strakers Property Auctions on 31st August 2023 with a Guide Price of £295,000.
A striking property previously operating as a brewery, this lot later served as a ground and lower-ground floor restaurant with 10-bed apartment to its first floor. It is now available with planning permission for conversion into seven separate apartments – some with one bed, others with two.
Just 10 minutes’ walk from Exeter College, five minutes from Exeter Central station and only a minute from the Guildhall Shopping Centre, the property represents an exciting project for any investor – surrounded as it is by all of the amenities and attractions of a lovely town only half an hour from the beaches of Exmouth.
The lot will be brought to auction by Auction House South West between 21st and 22nd August 2023 with a Minimum Opening Bid of £630,000.
Here is a rare opportunity to purchase a very desirable bungalow property with planning permission for both a first floor and a two-storey extension. Work has already been started on these renovations.
The lot sits right in the centre of the popular Cornish town of St Ives, with the local train station and Porthminster beach a little over five minutes’ drive away.
With all of the shops, eateries, bars and beauty spots of a superb seaside location right on the doorstep, this property will make an exciting project for any investor or owner-occupier seeking a project.
The lot will be brought to auction by Miller Countrywide Property Auctions on 18th August 2023 with a Guide Price of £325,000.