August Auction Property Deals of the Month – Scotland

Offering a property investment in Scotland, we have compiled residential and commercial properties that are being sold by auction in August 2024.

Residential Auction Properties Scotland

2 Bed First-Floor Flat, Motherwell

(For Sale with Town & Country Property Auctions)

2 Bed First-Floor Flat in Motherwell - For Sale with Town & Country Property Auctions with a Guide Price of £29,000 (August 2024)

This two-bedroom flat is situated in Motherwell. The first-floor property offers a fantastic opportunity for investors or first-time buyers. The flat is arranged over one level and includes an entrance hall, living room with a balcony, kitchen, two bedrooms, and a bathroom.

With similar properties renting for £550 per month, this investment promises an impressive 23% yield. The location is ideal, with access to a variety of local amenities, including a primary school, public transport, and nearby shops.

Town & Country Property Auctions will bring the lot to auction on 29th August 2024 with a Guide Price of £29,000.

4 Bed Maisonette, Edinburgh

(For Sale with Town & Country Property Auctions)

4 Bed Maisonette in Edinburgh - For Sale with Town & Country Property Auctions with a Guide Price of £180,000 (August 2024)

This four-bedroom maisonette is situated in Edinburgh and offers an excellent development opportunity. Spread over two levels, the first floor features an entrance hallway, a spacious lounge, a kitchen, three bedrooms and a bathroom. The second floor includes a fourth bedroom with an en-suite bathroom.

Externally, the property benefits from both front and back gardens, offering outdoor space, and on-street parking is available. This property presents a fantastic opportunity for development or personal use in a desirable location.

The lot will be taken to auction by Town & Country Property Auctions on 29th August 2024 with a Guide Price of £180,000.

4 Bed House, Peterhead

(For Sale with Online Property Auctions Scotland)

4 Bed House in Peterhead - For Sale with Online Property Auctions Scotland with a Guide Price of £87,000 (August 2024)

This non-tenanted four-bedroom house is located in a highly sought-after area of Peterhead and offers an ideal investment opportunity with an estimated end-market rental potential of £990 per month.

The ground floor offers a living room, a family room, a kitchen, and a three-piece bathroom suite. Meanwhile, the first floor offers a living room and three bedrooms with one offering a two-piece suite. The attic floor offers a fourth bedroom. Peterhead, located just over 26.5 miles north of Aberdeen, offers convenient amenities including four schools within a mile, nearby hospitals, and health centres.

The lot will be taken to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £87,000.

1 Bed Attic Flat, Greenock

(For Sale with Online Property Auctions Scotland)

1 Bed Attic Flat in Greenock - For Sale with Online Property Auctions Scotland with a Guide Price of £45,000 (August 2024)

This vacant one-bedroom attic flat in central Greenock offers an excellent buy-to-let investment or starter home for a first-time buyer. With a previous rental income of £450 PCM, the property is a good opportunity for a rental investment.

The well-located one-bedroom flat is close to local amenities in central Greenock. The flat features a living room, kitchen, bedroom, and shower room. This property promises a healthy return on investment. It’s an ideal low-cost option for investors or a fantastic starter flat for first-time buyers.

The lot will be taken to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £45,000.

2 Bed Semi-Detached Property, Gairloch

(For Sale with Auction House Scotland)

2 Bed Semi-Detached Property in Gairloch - For Sale with Auction House Scotland with a Guide Price of £40,000 (August 2024)

This offers a great refurbishment project in the charming village of Gairloch. Located just minutes from the shore this two-bedroom semi-detached home offers great potential for added value.

The property requires a full renovation, with the accommodation featuring a lounge, a bedroom, a kitchen and a utility room while the upper floor offers a second bedroom and a bathroom. There is also a driveway, and gardens to the side and rear. This property is ideal for those seeking a holiday home or rental.

The lot will be taken to the auction by Auction House Scotland on the 22nd of August 2024 with a Guide Price of £40,000

Commercial Auction Properties – Scotland

Town Centre Commercial Property, Thurso

(For Sale with Online Property Auctions Scotland)

Town Centre Commercial Property in Thurso - For Sale with Online Property Auctions Scotland with a Guide Price of £39,500 (August 2024)

This is an excellent opportunity for a commercial property in a prime town centre location on Thurso’s High Street. Ideal for investors, this property offers a substantial rental income. The property is located in a high-footfall area on the high street.
It includes a sales area, back store, staff kitchen, staff office, smaller back store, and an accessible single WC. Additionally, the property benefits from two parking spaces at the rear. With its great high street location, this commercial space offers investment potential.

Online Property Auctions Scotland will bring the lot to auction on 22nd August 2024 with a Guide Price of £39,500.

Former Supermarket, Kirkcaldy

(For Sale with Online Property Auctions Scotland)

Former Supermarket in Kirkcaldy - For Sale with Online Property Auctions Scotland with a Guide Price of £95,000 (August 2024)

This is a substantial commercial unit in Kirkcaldy with planning to split the property into three units. This exceptional development and asset management opportunity features a massive former supermarket, situated in Kirkcaldy within an established parade of shops.
The property is in good internal condition and offers significant potential for value uplift. The location offers excellent transportation links including the M90, A90, and A92, and proximity to Edinburgh Airport, just 24 miles away. The property includes parking and a goods yard. With planning for three retail units including a hot food takeaway. Kirkcaldy is set to benefit from significant investment and multiple residential developments, making this an ideal opportunity for property entrepreneurs.

The lot will be taken to auction by Online Property Auctions Scotland on the 22nd of August 2024 with a Guide Price of £95,000.

Commercial Premises, Auchinleck

(For Sale with Auction House Scotland)

Commercial Premise in Auchinleck - For Sale with Auction House Scotland with a Guide Price of £19,000 (August 2024)

This is an excellent opportunity to acquire a commercial space on the bustling Auchinleck Main Street. The premises feature a welcoming reception area, two spacious treatment rooms, a kitchen, a storeroom, and a toilet. The property has a rateable value of £3,450.

Auchinleck is a former mining village in East Ayrshire, that offers a range of leisure and retail amenities, along with primary and secondary schooling. The A76 road connects to the A77, providing excellent commuter links across Ayrshire, Glasgow, and beyond.

Auction House Scotland will bring the property to auction on 22nd August 2024 with a Guide Price of £19,000.

Three-Floor Commercial and Residential Property, Paisley

(For Sale with Online Property Auctions Scotland)

Three-Floor Commercial and Residential Property in Paisley - For Sale with Online Property Auctions Scotland with a Guide Price of £110,000 (August 2024)

This is a unique opportunity to acquire a three-floor commercial and residential property with a potential rental yield of 15.8%. This property includes office spaces on the first and second floors and a residential flat on the top floor.

Located in a high-value, sought-after area, this property could offer lucrative returns if redeveloped. Paisley is one of the largest towns in Scotland and has high rental demand. The town is a popular commuter base for Glasgow, accessible via the M8, bus, or train.

Online Property Auctions Scotland will bring the lot to auction on 22nd August 2024 with a Guide Price of £110,000.

Retail Unit with Office Space, Brechin

(For Sale with Auction House Scotland)

Retail Unit with Office Space in Brechin - For Sale with Auction House Scotland with a Guide Price of £25,000 (August 2024)

This centrally located retail unit with office space above is in the Angus town of Brechin. The ground floor unit was recently used as a vape retail store and appears to be in reasonable condition. Access to the upper level is assumed to be through the ground unit. This property is ideal for a startup business or as an addition to an existing commercial portfolio.

Brechin is situated in Angus, just off the A90 dual carriageway between Dundee and Aberdeen. The town offers various retail and leisure facilities, with more options available in nearby Montrose. Commuters benefit from proximity to the A90 and nearby train stations are within 12 miles.

Auction House Scotland will bring the lot to auction on 22nd August 2024 with a Guide Price of £25,000.