Cheapest Auction Properties of the Month – August

When you’re seeking investment opportunities at a cheap rate, these commercial and residential properties offer some of the lowest prices across the UK throughout August 2024.

Plot with Planning for 2 Bed House, Oldhead

(For Sale with Edward Mellor Auctions)

Plot with Planning for 2 Bed House in Oldhead - For Sale with Edward Mellor Auctions with a Starting Bid of £10,000 (August 2024)

This plot of land is located just off Limeside Road near the centre of Oldham and comes with full planning permission for a two-bedroom house complete with parking.

This prime location offers easy access to transport links to Manchester. With significant potential, this building plot represents an excellent opportunity for development.

The lot will be brought to auction by Edward Mellor Auctions on 14th August 2024 with a Starting Bid of £10,000.

3 Bed Terrace House, Rotherham

(For Sale with Auction House South Yorkshire

3 Bed Terrace House in Rotherham - For Sale with Auction House South Yorkshire with a Guide Price of £10,000 (August 2024)

This spacious three-bedroom terrace has been fully refurbished and is situated in Rotherham. Featuring a new kitchen, work has been completed in the home including floor coverings, plastering, decor and electric heating. It boasts gardens and a convenient location close to the High Street, the rail station, and both the A1 and M1 motorways.
Ideal for rental purposes with an estimated yield of £7,800 per year, it is also perfect for personal occupation, being move-in ready with only minor work needed. The property includes a front forecourt and a long enclosed rear garden.

The lot will be brought to auction by Auction House South Yorkshire on 12th August 2024 with a Guide Price of £10,000.

3 Bed End Terrace Property, Doncaster

(For Sale with Auction House South Yorkshire)

3 Bed End Terrace Property in Doncaster - For Sale with Auction House South Yorkshire with a Guide Price of £5,000 (August 2024)

This substantial three-bedroom end terrace house is located in the village of Edlington in Doncaster. Featuring ample off-road parking to the rear, the terrace property needs full refurbishment and repair. Ideal for investors, it offers the potential for a yield of approximately £7,800 per year.

The property includes two reception rooms, a kitchen, a bathroom, and three bedrooms. With good access to motorways, rail travel, local shops, schools, and services, the location is highly convenient. The household has significant potential for value, promising a great return on investment. Outside, there’s a front forecourt and a rear yard suitable for a garden or parking.

The lot will be brought to auction by Auction House South Yorkshire on 12th August 2024 with a Guide Price of £5,000.

Studio Apartment, Liverpool

(For Sale with Town & Country Property Auctions) 

Studio Apartment in Liverpool - For Sale with Town & Country Property Auctions with a Guide Price of £15,000 (August 2024)

This high-yield studio apartment is currently tenanted, offering an excellent investment opportunity. The studio flat is ready to generate immediate rental income. The apartment could be an ideal residential property and would be popular with couples or professionals.

The property is located at Seymour Street in Liverpool and offers a prime location near shops and schools. The Liverpool Lime Street train station is nearby as well as major road links making this a convenient and popular location.

The lot will be brought to auction by  Town & Country Property Auctions on 29th August 2024 with a Guide Price of £15,000.

Plot with Two Story Building, Creswell

(For Sale with Town & Country Property Auctions)

Plot with Two Story Building in Creswell - For Sale with Town & Country Property Auctions with a Guide Price of £15,000 (August 2024)

This well-situated building plot is located on the edge of Model Village in Creswell. With planning permission, there is the opportunity to construct a two-story detached house which could be used for multiple purposes. The land has approval under planning for the demolition of the existing structure and the erection of a two-bedroom house with a drive and gardens.

The plot benefits from proximity to various amenities, easy access to Creswell Crags, and the picturesque Derbyshire countryside. The area is within 11 miles of Clowne, Worksop, and Mansfield, making it attractive for buyers who are looking for a popular location.

The lot will be brought to auction by Town & Country Property Auctions on 29th August 2024 with a Guide Price of £15,000.

Commercial Premises, Coalburn

(For Sale with Online Property Auctions Scotland)

Commercial Premises in Coalburn - For Sale with Online Property Auctions Scotland with a Guide Price of £12,000 (August 2024)

This unique commercial premises is located on Coalburn Road in Coalburn. This detached, single-story building sits on a small plot of land in the village of Coalburn, offering great potential for redevelopment, subject to planning consent.

The property could serve various uses, such as a garage, workshop, or storage facility. This commercial building is a fantastic investment opportunity for those looking to expand their property portfolio. Situated in a residential area, there are local amenities such as shops, a primary school, cafes, and bars. It is conveniently located near the M74 motorway.

The property will be brought to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £12,000.

7 Garages, Glasgow

(For Sale with Town & Country Property Auctions)

7 Garages in Glasgow - For Sale with Town & Country Property Auctions with a Guide Price of £15,000 (August 2024)

Presenting a rare opportunity in Glasgow’s West End, you can acquire garages in a highly desirable location. Ideal for investors seeking high-yielding assets, these garages offer rental potential of £100-£150 per month. Garages ’11-17′ can be purchased individually or as a package.

Located off Otago Street, this opportunity provides easy access to a range of local amenities, including public transport, shops, and schools, all within proximity to Glasgow City Centre.

The lot will be brought to auction by Town & Country Property Auctions on 29th August 2024 with a Guide Price of £15,000.

First Floor Office Unit, Peterhead

(For Sale with Online Property Auctions Scotland)

First Floor Office Unit in Peterhead - For Sale with Online Property Auctions Scotland with a Guide Price of £19,500 (August 2024)

This is a vacant first-floor office unit which is located on Marischal Street in Peterhead in Aberdeenshire. With an estimated rental income of £500 per month, this offers a yield of 23.1%. Situated within a two-story mid-terrace building, this offers two internal offices, a WC and attic storage.

Peterhead boasts a variety of shops, cafes, and bars. Famous for its bustling fishing port, Peterhead is the UK’s largest fishing port. This is a unique investment opportunity or ideal space for an owner-occupier. With high footfall and numerous nearby amenities.

The lot will be brought to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £19,500.

3 Bed Terrace House, Derby

(For Sale with Auction House Notts & Derby)

3 Bed Terrace House in Derby - For Sale with Auction House Notts & Derby with a Guide Price of £20,000 (August 2024)

This larger-than-average three-bedroom terrace house needs improvement throughout and this is an interesting opportunity. Situated in a very popular residential location close to Derby City Centre, it offers an excellent opportunity for buyers looking to invest in a property with great potential.

The ground floor offers a lounge, dining room, a kitchen and a bathroom. Meanwhile, on the first floor, there are three bedrooms. Externally, there is a rear garden that requires improvement.

The lot will be brought to auction by Auction House Notts & Derby on 12th August 2024 with a Guide Price of £20,000.

2 Bed Semi-Detached Property, Stanley

(For Sale with Landwood Property Auctions)

2 Bed Semi-Detached Property in Stanley - For Sale with Landwood Property Auctions with a Guide Price of £20,000 (August 2024)

This two-bedroom semi-detached house is located in the popular area of Stanley. In poor condition and requiring a full refurbishment, this property offers an excellent opportunity for renovation.

Located in a residential area, the property is conveniently situated near local bus routes on the B6168 and is approximately 0.75 miles north of the Tesco Superstore. Catchgate Village is about 8 miles northwest of Durham. Inside the property, there is a reception room, a kitchen and a utility room while the first floor offers two bedrooms and a bathroom. Externally, there are front and rear gardens. This house is perfect for buyers looking to invest in a refurbishment project in a convenient location.

The property will be brought to auction by Landwood Property Auctions on 14th August 2024 with a Guide Price of £20,000.