When it comes to property investment for developers, property auctions are an intriguing place to look for lots with potential that offer an exciting new addition to your portfolio.
We’ve selected lots and properties with planning permission in place or have an ongoing application located across the UK during February 2024.
This detached property is a pair of three-bedroom maisonettes just off Preston Road in Wembley (North London) enjoys proximity to local amenities such as shops and the Metropolitan Line Train Station. Wembley, renowned for its stadium complex, shops, and mainline rail services, is within a mile and a half, with additional train services accessible at nearby Wembley Park and Kingsbury.
Occupying a generous corner plot, the property has received planning permission for the demolition of the existing two-story house and the construction of a part three-story, part four-story building comprising eight self-contained flats. This development includes provisions for vehicular access, off-street parking, refuse and cycle storage, and external amenity space. Sold with vacant possession, this property presents an appealing opportunity for developers.
The lot will be brought to auction by Phillip Arnold Auctions on 15th February 2024 with a Guide Price of £1,200,000.
Offered as freehold land, this property in the London Borough of Bromley comes with planning permission to construct a new three-bedroom end-of-terrace property. Conveniently located on Sevenoaks Way near the junction with Brooks Way, it enjoys proximity to local amenities and transportation hubs like St Mary Cray and Petts Wood train stations.
The land offers planning consent which allows for a part one/two-storey side extension to create the new dwelling, along with a single-storey rear extension and roof alterations to the existing structure. The proposed dwelling will feature three bedrooms and a bathroom on the first floor, while the ground floor will comprise an entrance hall, living room, kitchen, dining area, utility room, and shower room. The property is offered with vacant possession.
The lot will be brought to auction by McHugh & Co Auctions on 14th February 2024 with a Guide Price of £90,000.
This detached four-bedroom residence boasts a spacious layout and the property dates back to the early 1900s. It sits within mature private gardens spanning just over an acre. Planning has been approved for two two-storey detached dwellings with integral garages.
The main house needs modernisation and offers expansive accommodation including an entrance lobby, sitting room, dining room, sunroom, and a generously sized kitchen breakfast room. Additionally, there are four double bedrooms and two bathrooms.
The property features various amenities such as marble flooring, a sunroom opening to south-facing gardens, and a lower level with utility and storage spaces. Surrounding the house are sprawling gardens with lawns, established trees, and pathways, including a former tennis court. Accessible via a long driveway off Llanrwst Road, the property offers ample off-road parking and a turning area.
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £435,000.
This plot is located in Strome Ferry and this residential development plot is rarely found on the market and offers the potential for a remarkable project. Planning consent has been granted for a split-level dwelling designed to take advantage of the picturesque outlook towards Loch Carron. Encompassing 0.38 acres, the proposed accommodation includes two double bedrooms with en-suite shower rooms and a utility room on the lower ground floor.
The ground floor features a hall, cloakroom, spacious open-plan kitchen/dining/family room, a W/C, a principal bedroom with an en-suite bathroom, and another double bedroom with an en-suite shower room. This plot presents an exciting opportunity for those seeking to create a bespoke residential property in a stunning location.
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £75,000.
An exceptional opportunity awaits with this residential development site in Falkirk nestled in the heart of the Forth Valley, boasting planning permission for five 4-bedroom houses. Enjoying breathtaking views of the iconic Forth Bridges and surrounding countryside, the site benefits from superb road and motorway connections.
Extending across approximately 3 acres of developable land, access to the site is via the A905. Planning consent has been secured for five spacious 4-bedroom dwellings. South Bellsdyke Farm is conveniently located near the northern outskirts of Larbert, a vibrant town just 5 miles from Falkirk. Larbert offers modern amenities including shopping centers. With easy access to major road networks, bus services, and a nearby rail station providing regular connections to Glasgow, Edinburgh, and beyond, this location is ideal for commuters.
The lot will be brought to auction by Town & Centre Property Auctions on 29th February 2024 with a Guide Price of £195,000.
An exceptional opportunity awaits with this development site which boasts detailed planning consent. The plan entails the partial demolition of a former theatre building and the construction of 21 apartments. Spanning three storeys, the scheme preserves the historic frontage of the Premier Electric Theatre while rebuilding the remaining structure. The development includes 14 outdoor parking spaces, along with 6 garages totalling 20 parking spaces, and an outdoor gym.
A significant advantage of this project is its full planning consent. Situated within a prime area for redevelopment, the property is located prominently at the corner of Nottingham Road and Victoria Street in Somercotes. The site enjoys proximity to various amenities, including residential, retail, and commercial establishments. Excellent public transport links and easy access to the nearby A38 enhance its appeal as an ideal investment opportunity.
The lot will be brought to auction by SDL Property Auctions on 29th February 2024 with a Guide Price of £250,000.
This freehold property in Stoke-on-Trent consists of two former mid-terraced commercial buildings that have been combined into one larger trading area while retaining separate rear sections and upper floors. Located in Stoke-on-Trent, the ground floor features a trading area at the front which leads to office and storage spaces with a W/C at the rear. Access to the first-floor area, currently used for storage, is provided by two separate staircases on either side of the building.
Benefiting from full planning consent, the property is approved for the creation of four units. This includes a single commercial unit on the ground floor and the development of two residential units on the first floor, along with a third residential unit in the roof space. Such a mixed-use scheme would cater to the significant demand and growth in the area, offering a highly lucrative opportunity for potential investors.
The lot will be brought to auction by SDL Property Auctions on 29th February 2024 with a Guide Price of £130,000.
This two-storey townhouse is situated in the heart of Carmarthen, an ever-thriving locale. Dating back to circa 1820-1830 and listed as Grade II, this property has most recently served as offices. Planning has been secured for its conversion into a private dwelling boasting six bedrooms with listed building consent already obtained.
Carmarthen, renowned as the oldest town in Wales, is steeped in a vibrant history. Alongside the historic Carmarthen Castle, this area offers a wealth of amenities making this an excellent spot for offices. An exceptional opportunity to own a piece of Carmarthen’s storied past and promising future, the former offices are an interesting investment opportunity.
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £115,000.
Located on the highly sought-after Green Road, within walking distance of Ashbourne’s historic market town centre, this detached house needs modernisation. The property boasts full detailed planning consent for a newly built dwelling comprising four bedrooms and three bathrooms, offering an exciting opportunity for refurbishment or redevelopment in this prime location.
This renovation project benefits from the property’s coveted position near the vibrant heart of Ashbourne. Whether seeking to breathe new life into an existing structure or construct a brand-new home, this opportunity promises potential for an investor.
The lot will be brought to auction by SDL Property Auctions on 29th February 2024 with a Guide Price of £250,000.
An exceptional opportunity, this freehold corner residence boasts planning permission for two self-contained flats. The approved plan includes a two-bedroom ground floor flat with a garden, as well as a two-bedroom first and second-floor maisonette with a second en suite shower room. There is potential for conversion into a spacious family house through a new application.
Ideally situated in a sought-after residential area near Victoria Park, the Worthing Railway Station, and local amenities on Teville Road. This property offers immediate vacant possession with no onward chain. With its superb development potential and alternative conversion possibilities, this property presents an enticing prospect for buyers seeking a prime investment opportunity in a popular location.
The lot will be brought to auction by Lextons Auctions on 28th February 2024 with a Guide Price of £275,000.