Cheapest Auction Properties of the Month – December

Explore the properties below to find some of the most lucrative investment opportunities across the UK. We’ve selected five of the most affordable properties going to auction throughout December, each of which offers ample scope for its future owner to add value.

1 Bed Ground Floor Flat – South Shields

(For Sale with Barnard Marcus Auctions)

With plenty of green space nearby, including Gompertz Gardens and the spacious West Park, this property is a great example of a Tyneside (or criss-cross) lease. Arrangements of this kind are typical of the area, and involve a building being split into two separate flats.

The residents of the building are the leaseholders of their own flat and the freeholders of the other.

This particular 79 square metre lot features one bedroom, one reception room, a kitchen, and a bathroom/WC. It is situated less than ten minutes’ drive from the lovely Sandhaven beach (in the north east) and just around the corner from a range of retail outlets and eateries.

The property will be brought to auction by Barnard Marcus on 20th December 2022 with a Guide price of £25,000.

2 Bed Mid-Terrace – Bradford

(For Sale with Bond Wolfe Auctions)

This property is currently tenanted, earning a rental income of £4,800 per annum, and an internal inspection has not been possible. However, it is very well situated, with both Pit Hill Park and Knowles Park presenting plenty of open green space nearby.

The lot is located just off Tong Street, where there are plenty of amenities available – including retail outlets, pubs and plenty more. With an easily manageable foregarden and arranged over three floors, including a basement, this property has a great deal to offer.

The home will be brough to auction by Bond Wolfe on 14th December 2022 with a Guide price of £9,000.

End Terrace House – Stoke-on-Trent

(For Sale with Bond Wolfe Auctions)

This end terrace home represents a rare opportunity to add significant value to a good-sized property in an excellent location, for a very small investment.

Just a minute’s walk from Hanley Park and five minutes’ drive from Etruria Park, the town centre of Stoke-on-Trent is also accessible in five minutes, and the station in just three.

The property requires a significant amount of renovation and modernisation, but it benefits from a very attractive walled rear yard and plenty of character.

The lot will be taken to auction by Bond Wolfe on 14th December 2022 with a Guide price of £15,000.

Ex-Coach House, Barry

(For Sale with Barnard Marcus Auctions)

Ideal for an investor or property hunter seeking a unique and characterful lot with plenty of history and significant potential for development, this property on Bassett Street, Barry, offers ample opportunity.

The building is a former coach house and is located on a peaceful residential street. All kinds of uses are possible, dependent on permission and consents from the local council.

Situated right on the edge of a lovely green park and just around the corner from Holton Road, which features a diverse range of eateries and retail outlets, the property is in an equidistant position between Cadoxton and Barry Docks stations.

This lot will be taken to auction by Allen & Harris via the modern method of auction (MMoA). As the property is currently in the “pre-auction marketing” stage, there is currently no set date for bidding to start and finish.

3 Bed Semi Detached with Vacant Possession, Kings Lynn

(For Sale with McHugh & Co Auctions)

This is a good-sized 3 bedroom property with front and rear gardens, requiring a good amount of modernisation. The lot is just over a 5 minute drive from Kings Lynn railway station (Norfolk) and also has excellent access to local bus routes.

Greenland Park and Harding’s Pits are close by, providing plenty of attractive green space. It’s right on the edge of the Ouse Valley way, too, making it the perfect spot for avid hikers.

The property will be taken to auction by McHugh and Co on 8th December 2022 with a Guide price of £45,000.