Cheapest Auction Properties of the Month – February

For investors seeking exceptional opportunities, these commercial and residential properties stand out as some of the most competitively priced options in the UK this February 2025.

Retail Unit with Investment Potential, Dumfries

(For Sale with Auction House Scotland)

Retail Unit with Investment Potential in Dumfries - For Sale with Auction House Scotland with a Guide Price of £19,500 (February 2025)New to auction is an excellent opportunity to acquire this well-positioned commercial property on St Michael Street, Dumfries. Formerly operating as a bookmaker, the premises feature a spacious open sales area, two toilets, and a fire escape. The property has a rateable value of £3,250, making it eligible for rates relief.

Its prime location ensures high visibility and strong potential for a variety of uses. Early expressions of interest are strongly encouraged, as this property is likely to attract significant attention from prospective buyers and investors.

The lot will be brought to auction by Auction House Scotland on the 6th of February 2025 with a Guide Price of £19,500.

2 Storey Commercial Property, Workington

(For Sale with Auction House Cumbria)

2 Storey Commercial Property in Workington - For Sale with Auction House Cumbria with a Guide Price of £20,000 (Febraury 2025)This commercial investment property, located at 31 Washington Street, Workington, Cumbria, offers a fantastic opportunity for buyers. The two-storey, freehold unit was most recently utilised as accountants’ offices and is well-suited to a variety of uses, subject to the necessary planning consents. Conveniently situated in a desirable location, the property is ideal for businesses seeking a prime position or investors looking to diversify their portfolios.

Its flexible layout and potential for adaptation make it an attractive option for a range of commercial purposes. Don’t miss the chance to explore the possibilities this property offers.

Auction House Cumbria will bring the lot to auction on the 13th of February 2025 with a Guide Price of £20,000.

2 Double Bed Mid-Terraced House, Newcastle-Upon-Tyne

(For Sale with Auction House South Yorkshire)

2 Double Bed Mid-Terraced House in Newcastle-Upon-Tyne - For Sale with Auction House South Yorkshire with a Guide Price of £10,000 (February 2025)This two-bedroom mid-terrace house on Clyde Street in Chopwell, Newcastle upon Tyne, is offered to the market via online auction. The property comprises a lounge, kitchen, storage cupboard, bathroom, two bedrooms with fitted storage, and a rear garden. Sold with vacant possession, it presents an excellent investment opportunity in a sought-after rental area, with potential monthly rents of around £650. This home is ideally suited for landlords or buyers seeking a property with strong rental prospects.

This house combines convenience with investment appeal in the popular Tyne and Wear region. Don’t miss this chance to secure a promising asset.

The lot will be brought to auction by Auction House South Yorkshire on the 4th of February 2025 with a Guide Price of £10,000.

Former Community Church with Development Potential, Handsworth

(For Sale with Bond Wolfe Property Auctions)

Former Community Church with Development Potential in Handsworth - For Sale with Bond Wolfe Property Auctions with a Guide Price of £10,000 (February 2025)This vacant freehold former community church, located east of Haverhill Road off the A41 Soho Road in Handsworth, offers exciting potential for alternative uses, subject to planning permission. The single-storey property features a spacious hall, office, two store rooms, kitchen, two WCs, and a covered side passageway.

Externally, it includes a small forecourt set back from the road. Ideally positioned in a well-connected area, this property provides a unique opportunity for change of use or redevelopment. Its versatile layout and prime location make it appealing for various future purposes.

The lot will be brought to auction by Bond Wolfe Property Auctions on the 6th of February 2025 with a Guide Price of £10,000.

Former Public Convenience, Penryn

(For Sale with Clive Emson Property Auctions)

Former Public Convenience in Penryn - For Sale with Clive Emson Property Auctions with a Guide Price of £10,000 - £15,000 (February 2025)Located in the heart of central Penryn, this detached building has separate gentlemen’s and ladies toilet facilities and an accessible toilet cubicle. The property offers a range of possibilities for future use, subject to obtaining all necessary consents. Its prime location makes it a versatile option for potential redevelopment or repurposing to suit various needs.

This unique opportunity allows buyers to explore creative projects within a highly convenient and desirable setting. The property will become a valuable asset in a thriving area with the proper approvals.

The lot will be brought to auction by Clive Emson Property Auctions on the 6th of February 2025 with a Guide Price of £10,000-15,000.

Workshop with Development Potential, Rugeley

(For Sale with Bond Wolfe Property Auctions)

Workshop with Development Potential in Rugeley - For Sale with Bond Wolfe Property Auctions with a Guide Price of £10,000 (February 2025)This vacant freehold workshop premises are at the rear of 51 Horse Fair. The property offers a ground floor comprising a hall, workshop area, WC, and a store. While in need of refurbishment, it presents a valuable opportunity for buyers looking to invest in a space with the potential for redevelopment or repurposing. The premises are ideally located with easy access to surrounding areas, making it a practical option for various commercial uses.

With the right vision and improvements, the workshop can be a functional and attractive property in a sought-after location.

The property will be brought to auction by Bond Wolfe Property Auctions on the 6th of February 2025 with a Guide Price of £10,000.

2 Bed End-Terraced House with Development Potential, Seaham

(For Sale with Auction House Online)

2 Bed End-Terraced House with Development Potential in Seaham - For Sale with Auction House Online with a Guide Price of £5,000 - £15,000 (February 2025)Situated on Strangway Street in Seaham, a popular coastal town, this property is well-located for access to various amenities, the harbour, and the stunning Durham Heritage Coast. The surrounding towns and cities, including Newcastle and Durham, are easily accessible. This traditionally constructed end-of-terrace house requires an entire refurbishment scheme following fire damage.

However, it offers well-proportioned accommodation and the potential for conversion into a three-bedroom property. The strong rental demand in the area presents an ideal investment opportunity with a scope for added value. The property also benefits from an enclosed rear yard.

The lot will be brought to auction by Auction House Online on the 11th of February 2025 with a Guide Price of £5,000-15,000.

3 Bed End-Terraced Property, Rugeley

(For Sale with Bond Wolfe Property Auctions)

3 Bed End-Terraced Property in Rugeley - For Sale with Bond Wolfe Property Auctions with a Guide Price of £15,000 (February 2025)This vacant freehold end-terraced property, located at 86 Talbot Street in Rugeley, stands flush to the pavement and offers excellent potential for refurbishment. The ground floor comprises two reception rooms, a kitchen, and a utility room, while the first floor features a landing, three bedrooms, and a bathroom/WC. The property benefits from partial double glazing but needs comprehensive improvement work throughout.

Its spacious layout and prime location offer an excellent opportunity for renovation in an area with a strong demand for housing, whether as a family home or an investment property.

The property will be brought to auction by Bond Wolfe Property Auctions on the 6th of February 2025 with a Guide Price of £15,000.

2 Bed Mid-Terrace Property, Willenhall

(For Sale with Bond Wolfe Property Auctions)

2 Bed Mid-Terrace Property in Willenhall - For Sale with Bond Wolfe Property Auctions with a Guide Price of £19,000 (February 2025)This vacant freehold mid-terraced property, located at 111 High Road in Willenhall, stands flush to the pavement and offers an excellent opportunity for renovation. The ground floor comprises two reception rooms and a kitchen, while the first floor includes a landing, two bedrooms, and a bathroom/WC. Externally, the property benefits from a rear garden.

With its traditional layout and potential for improvement, this property is ideal for those looking to create a comfortable home or investment opportunity. Its central location offers convenient access to local amenities, making it an attractive prospect for buyers and renters.

The lot will be brought to auction by Bond Wolfe Property Auctions on the 6th of February 2025 with a Guide Price of £19,000.

2 Bed Detached Property, Tipton

(For Sale with Bond Wolfe Property Auctions)

2 Bed Detached Property in Tipton - For Sale with Bond Wolfe Property Auctions with a Guide Price of £19,000 (February 2025)This vacant freehold detached property, located at 56 Castle Road in Tipton, offers significant development potential, subject to obtaining the necessary planning consent. Set back from the road, it benefits from a fore garden and side off-road parking, providing ample space for potential expansion. The accommodation comprises a reception/dining room, kitchen, two bedrooms, and a bathroom/WC. Externally, there are gardens and off-road parking.

The property has double glazing and gas-fired central heating. With its spacious layout and prime location, this property presents an excellent opportunity for redevelopment in a sought-after area.

The lot will be brought to auction by Bond Wolfe Property Auctions on the 6th of February 2025 with a Guide Price of £19,000.