Written by Joanne Townsend
Joanne Townsend
Joanne completed a Journalism degree in 2012 before working for a number of marketing companies in the roles of a copywriter, moderator and PR assistant.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
These property auctions include residential and commercial offerings across the United Kingdom at a market value of under £50k during August 2024.
This vacant two-bedroom end-of-terrace house requires complete repair and renovation and is located in Southend-on-Sea. This property, in shell condition, offers a prime opportunity for builders or developers seeking a project.
It is situated close to the town centre in Southend-on-Sea with all its amenities. The property provides convenient access to Prittlewell station. Given the extensive work required, the house is suitable for cash buyers only. This could make a good family home or a seaside rental property.
The lot will be brought to auction by First For Auctions on 30th August 2024 with a Guide Price of £30,000.
The lot will be brought to auction by Paul Fosh Auctions on 27th August 2024 with a Guide Price of £45,000.
This mixed-use property features a vacant commercial unit on the ground floor and there is a tenanted one-bedroom flat above offering an interesting opportunity. The flat generates a rental income of £300 per month. The residential unit includes a bedroom, kitchen, living room, toilet, and shower room.
Located on one of Tredegar’s main retail thoroughfares, the property enjoys high visibility and foot traffic. It is conveniently positioned near popular retailers and is located directly opposite Gwent Shopping Centre. Local car parks and bus stops are also nearby.
This is a fantastic opportunity for investors or first-time buyers, with a property offering a remarkable 23% yield. The flat which is located on the first floor offers an entrance hall, a living room with a balcony, a kitchen, two bedrooms, and a bathroom.
The property is well-positioned, benefiting from a variety of local amenities, including a primary school, public transport links, and nearby shops. Similar properties in the area of Motherwell rent for £550 PCM which makes this a lucrative investment option.
The lot will be brought to auction by Town & Country Property Auctions on 29th August 2024 with a Guide Price of £29,000.
This vacant one-bedroom attic flat in central Greenock offers an excellent buy-to-let investment or a starter home for first-time buyers. Previously rented at £450 per month, it provides a strong 12% yield.
The property includes a living room, kitchen, bedroom, and shower room, and is conveniently located close to local amenities. The flat is within walking distance of the town centre and the railway station, offering direct links to Glasgow City Centre. Local shops and supermarkets are nearby. There are also good bus routes and road links to Paisley and Glasgow centre and the airport.
The lot will be brought to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £45,000.
This retail unit presents an exceptional investment opportunity with a potential rental yield of 30%. Located on a high-traffic arterial route into Aberdeen city centre, this is a great commercial investment opportunity. Aberdeen is Scotland’s third-largest city with two universities.
Situated on the east side of Victoria Road, this ground-floor retail unit offers significant potential. The property features an open-plan sales area, staff space, and modern amenities, making it ideal for local or national retailers. This is a rare chance to acquire a valuable commercial asset.
The lot will be brought to auction by Online Property Auctions Scotland on 22nd August 2024 with a Guide Price of £19,000.
The lot will be brought to auction by Auction House on the 22nd of August 2024 with a Guide Price of £30,000.
This traditional terraced house is offered with vacant possession and represents a buy-to-let investment opportunity. The property is believed to include a lounge, kitchen, two double bedrooms, a bathroom, and a rear yard/garden. It
Situated on Sixth Street, the property is located within a residential area close to shops, amenities, and green spaces like Horden Park. It is well-served by local bus routes and is near Horden rail station, providing convenient transport links. With an estimated rental value of £450 per calendar month, this property offers strong investment potential.
SDL Property Auctions will bring the lot to auction on 22nd August 2024 with a Guide Price of £25,000.
The lot will be brought to auction by SDL Property Auctions on 22nd August 2024 with a Guide Price of £36,000.
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