Written by Caroline Lamb
Caroline Lamb
Caroline has been working as a freelance copywriter since 2013. In that time, she has created articles, blog posts, landing pages, white papers and other types of content for a huge variety of clients.
When seeking affordable residential property – whether to achieve a significant return on investment, to tackle an exciting new project or to find your next family home – auctions are a great place to look.
Across the UK, there are regular opportunities to find excellent deals. In this article, we’ve selected a range of lots available for under £50,000. Whether you’re looking for something move-in ready or you’re planning to add value to your new purchase, you’ll find some superb examples below.
With a cosy living room, spacious kitchen, stylish conservatory, two spacious bedrooms and well-appointed shower room, this property features an easily-manageable front and rear garden and convenient parking. It appears to be available in move-in-ready condition.
Just 10 minutes’ drive from the centre of Durham, with bus services departing regularly, the lot sits in a quiet neighbourhood within Brandon Village. Brandon Lane and Commercial Street a short walk away, with popular local cafés, bars, convenience stores and schools easily accessible.
The lot will be brought to auction by I Am Sold Property Auctions on 23rd August 2023 with a Guide Price of £50,000.
Comprised of a “through” lounge/diner and a spacious kitchen to the ground floor, along with three bedrooms and a family bathroom to the first floor, this lot includes its own driveway and plenty of garden space to the front, side and rear.
The size of the plot suggests excellent potential for extension, depending on consents. The open green space of Thorntree Park sits less than 10 minutes’ walk away, and Marton railway station is accessible in a little over five minutes’ drive.
James Cook University Hospital and Tees Valley Hospital are both within easy reach, and the centre of Middlesbrough is just over 10 minutes’ away, allowing quick access to a wide range of amenities.
The lot will be brought to auction by Auction House Lincolnshire on 21st – 22nd August 2023 with a Guide Price of £20,000.
This is a generously-proportioned property, featuring a large sitting room and dining kitchen to the ground floor, as well as two spacious bedrooms and a family bathroom to the first floor.
There is also a driveway and plenty of garden space to the front and rear, providing the possibility of extension depending on consents.
With West Cumberland Hospital less than 10 minutes’ walk away, Corkickle train station accessible in five minutes by car and swift access to a range of local schools, shops, eateries and more, the property is extremely well-positioned in a popular neighbourhood of Whitehaven.
The lot will be brought to auction by Auction House Cumbria on 31st August 2023 for a Guide Price of £35,000 – £45,000.
Requiring just a few cosmetic updates to bring it to its full potential, this terraced property is comprised of a good-sized lounge and spacious kitchen to the ground floor, along with two generous bedrooms and a family bathroom to the first floor. The lot also features a rear yard.
Located on Barrow Island, the property is positioned within easy reach of a number of amenities including local shops and pubs. Devonshire Dock Hall, the Jubilee Bridge and the Dock Museum are all reachable within five minutes’ drive, and Barrow train station is only seven minutes away by car.
The lot will be brought to auction by Auction House Cumbria on 31st August 2023 with a Guide Price of £35,000 – £45,000.
Featuring a lounge and kitchen to the ground floor as well as two good-sized bedrooms and a family bathroom to the first floor, this property also includes a rear yard. It requires refurbishment and modernisation throughout, but, due to its location, it is likely to command an excellent return on investment.
Virtually equidistant between the two major thoroughfares of Skipton Road and Windsor Street, the home’s future residents will enjoy swift access to major shops, supermarkets and green spaces such as King George V Playground. Colne’s Market Street is less than 10 minutes’ walk away, and the local train station can be reached in five minutes by car.
Junction 12 of the M65 is under 10 minutes’ drive from the property, and the area is excellent for local schools.
The lot will be brought to auction by Edward Mellor Property Auctions on 16th August 2023 with a Starting Bid of £50,000.
A little less than 15 minutes’ drive from the lovely Yorkshire town of Halifax, this former farmhouse sits in a plot that measures over 1.7 acres. It has been affected by subsidence, resulting in a need for repairs and renovation, but its beautiful location and excellent proximity to local schools and glorious rural views offer significant appeal.
With the majority of its windows featuring uPVC double-glazed windows, the end-of-terrace property includes three bedrooms and a flagged yard. There are a number of eateries, pubs and shops accessible on nearby Mixenden Road and Keighley Road, and junction 26 of the M62 is just over 25 minutes away by car.
The lot will be brought to auction by Walker Singleton Property Auctions on 10th August 2023 with a Guide Price of £50,000.
Less than 10 minutes’ drive from Liverpool city centre and virtually equidistant between the Sandhills and Bank Hall train stations – both of which can be reached within 10 minutes on foot – this property is very well-placed for schools, nurseries and the sweeping Stanley Park and Garden.
Available with a tenant in situ and currently receiving £3,384 per annum in rent, the lot is comprised of a lounge, kitchen/diner and bathroom to the ground floor, as well as three bedrooms to the first floor. There is also a rear yard. It is subject to a 999 year lease, beginning in late March 1894. No internal inspection has yet been possible on the part of the auctioneer.
The lot will be brought to auction by Auction House Lincolnshire on 21st-22nd August with a Guide Price of £20,000.
Requiring a little cosmetic work throughout, this property includes a substantial living room, a generous dining room and separate kitchen to the ground floor, as well as two very spacious bedrooms and a family bathroom to the first floor. There is another large bedroom to the second floor, and the lot also benefits from a good-sized cellar and front and rear gardens.
There may be potential to extend, depending on consents.
The lot is superbly placed, with the huge Firth Park just a minute’s walk around the corner to the east, and Northern General Hospital accessible within two minutes’ drive to the west.
The centre of Sheffield is less than 15 minutes’ drive from the property, and the Meadowhall Shopping Centre and train station can be reached in only 10 minutes – as can junction 34 of the M1.
The lot will be taken to auction by Auction House South Yorkshire on 14th – 15th August 2023 with a Guide Price of £20,000.
With Tunstall’s High Street less than five minutes’ walk away, this property is perfectly placed for amenities like shops, cafés, schools and the local library. The lovely Victoria Park is only 12 minutes’ walk from the lot and junction 16 of the M6 can be reached in 10 minutes.
The centre of Stoke-on-Trent is 12 minutes away by car.
The property is comprised of a sitting room, a dining room with separate kitchen and a family bathroom to the ground floor, as well as three bedrooms to the first floor. It also features a rear yard. Requiring modernisation throughout, and in an area that is popular with renters, it is likely to command a very good return on investment.
The lot will be brought to auction by Auction House Lincolnshire on 28th – 29th August 2023 with a Guide Price of £20,000.
Available with mortgagee not in possession, this end-terrace lot has not been inspected internally, and therefore its schedule of accommodation is not available. However, it features a good-sized rear garden and is very well-placed for local schools, green spaces, hillside views and the Pentre-Bach train station, which sits less than 10 minutes walk away.
With a range of local hospitality venues accessible on nearby Chapel Street and Nightingale Street, and with the centre of Merthyr Tydfil (South Wales) just a seven-minute drive away, the property’s future residents will also benefit from its proximity to the Brecon Beacons. The edge of this beautiful mountain range is less than 15 minutes away by car.
The lot will be brough to auction by Auction House Wales on 7th-8th August 2023 with a Guide Price of £45,000.
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