Cheapest Auction Properties of the Month – January

When you are seeking investment opportunities, the UK auction market is one of the best places to look for reasonably priced properties. These auction properties offer some of the lowest Guide Prices across the UK throughout January 2024, ideal for first-time buyers or investors looking for a buy-to-let property.

3 Bed Mid Terrace Property, Barnsley

(For Sale with Auction House Lincolnshire)

3 Bed Mid Terrace House in Barnsley - For Sale with Auction House Lincolnshire with an Opening Bid of £20,000 (January 2024)

Nestled on Orchard Street, Wombwell, this property enjoys a prime location, providing convenient access to the town centre’s range of facilities and amenities. Boasting excellent transport connectivity, it offers swift links to Sheffield, Doncaster, Barnsley, and Wakefield. The proximity to the M1 ensures easy road access, while Doncaster features a mainline rail connection directly to London.

The meticulously maintained mid-terrace house is now available for sale in excellent condition, ideal for a rental opportunity. In a rent-ready status, it proves enticing for the investment market. Beyond its current appeal, there is potential for value enhancement, presenting a lucrative opportunity to yield substantial returns in a high-demand rental area.

The lot will be brought to auction by Auction House Lincolnshire on 29th January 2024 with an Opening Bid of £20,000.

3 Bed Mid Terrace House, Middlesbrough

(For Sale with Auction House Lincolnshire)

3 Bed Mid Terrace House in Middlesbrough - For Sale with Auction House Lincolnshire with an Opening Bid of £15,000 (January 2024)

Positioned in the sought-after and central Hampden Street in Middlesbrough, this property resides in a well-served city with convenient access to the bustling city centre. Abundant amenities, including restaurants, bars, pubs, shopping facilities, and transport links enrich the local surroundings. The proximity to the rail station and easy access to the A1 motorway network enhance its connectivity.

This bay-fronted mid-terrace house, crafted in a traditional style, is presented for sale with the potential for refurbishment. Despite this, it offers generously proportioned and adaptable living spaces. Positioned in an area with high rental demand, the property is an attractive investment opportunity, promising a substantial yield.

The lot will be brought to auction by Auction House Lincolnshire on 29th January 2024 with an Opening Bid of £15,000.

Building with En-Suite Pod-Type Rooms, Liverpool

(For Sale with Town & Country Property Auctions)

Building with En-Suite Pod-Type Rooms in Liverpool - For Sale with Town & Country Property Auctions with a Guide Price of £16,000 (January 2024)

Nestled on the outskirts of the city of Liverpool, this building is positioned to grant easy access to city amenities. Each floor features communal living rooms and shared kitchens, fostering a communal atmosphere. In the basement, a laundry room equipped with washing machines and dryers ensures convenience. The building offers safety with 24-hour CCTV surveillance, coded entry doors, and the presence of a caretaker managing communal spaces.

Although there is no designated parking, a spacious car park in front of the property accommodates residents. Young Village, a contemporary structure, houses fully furnished en-suite pod-type rooms and is offered for sale with vacant possession. An enticing opportunity for those seeking a secure, community-oriented living space near city amenities.

The lot will be brought to auction by Town & Country Property Auctions on 25th January 2024 with a Guide Price of £16,000.

3 Bed Semi-Detached House, Durham

(For Sale with Landwood Property Auctions)

3 Bed Semi-Detached House in Durham - For Sale with Landwood Property Auctions with a Guide Price of £16,500 (January 2024)

This three-bedroom semi-detached house, this property requires a full renovation, lacking essential features such as a heating system, bathroom, and kitchen. Renovation is imperative, as certain areas exhibit missing floorboards, demanding a comprehensive overhaul. This exciting blank canvas presents an interesting opportunity for investors.

Nestled in a residential area, the property offers convenience with local bus routes accessible on the nearby B6168. The village of Catchgate, located roughly 8 miles northwest of Durham, adds a touch of tranquillity to the surroundings. While the property poses an opportunity for refurbishment and transformation, viewing is highly recommended.

The lot will be brought to auction by Landwood Property Auctions on 10th January 2024 with a Guide Price of £16,500.

2 Bed Mid Terrace House, Doncaster

(For Sale with Auction House Lincolnshire)

2 Bed Mid Terrace Property in Doncaster - For Sale with Auction House Lincolnshire with an Opening Bid of £20,000 (January 2024)

Strategically situated on Hunts Lane, Doncaster, this property ensures convenient access to the city centre, presenting a gateway to its diverse amenities such as eateries, pubs, bars, shops, and the Doncaster hospital. The city further provides excellent road connectivity through the M18/A1 and a direct rail line to London Kings Cross.

The two-bedroom mid-terrace house, constructed in a traditional style, is available for sale but requires some improvement. Its prime location positions it as an enticing option for the rental market, given the substantial demand in the area, suggesting the potential for a robust yield. There exists an opportunity to enhance the property’s value, with neighbouring properties being converted to HMOs.

The lot will be brought to auction by Auction House Lincolnshire on 29th January 2024 with an Opening Bid of £20,000.

2 Bed Mid Terrace House, Rotherham

(For Sale with Auction House Lincolnshire)

2 Bed Mid Terrace House in Rotherham - For Sale with Auction House Lincolnshire with an Opening Bid of £15,000 (January 2024)

Positioned on Jackson Street, a sought-after and central residential area in this South Yorkshire town, the property enjoys proximity to the city centre, offering a range of easily accessible facilities and amenities. Enhanced by excellent public transport links and convenient access to the M18/M1 motorway network, it ensures seamless connectivity to Rotherham.

The two-bedroom mid-terrace house comes with the advantage of an ongoing tenancy agreement. This property proves to be an attractive proposition for investors. With a robust yield exceeding 20%, well above the centre of the suggested range, it presents an enticing opportunity for immediate earning potential and long-term investment gains in this vibrant South Yorkshire town.

The property will be brought to auction by Auction House Lincolnshire on 29th January 2024 with an Opening Bid of £15,000.

Commercial Unit, Dundee

(For Sale with Online Property Auctions Scotland)

Commercial Unit in Dundee - For Sale with Online Property Auctions Scotland with a Guide Price of £20,000 (January 2024)

Situated in Dundee’s west end, this main door commercial unit offers versatility for a range of potential applications. Well-sized and centrally located in Dundee, it is suitable for various purposes such as storage, retail, salon, or grooming services. There is also the potential for conversion into a residential studio flat, contingent upon obtaining planning permission.

The unit comes with a floor plan, ensuring a clear understanding of the available space, and features essential amenities. Dundee stands as Scotland’s fourth-largest city. Serving as the regional hub for commerce, retail, and employment in the Tayside region, its east coast location enhances its strategic significance.

The lot will be brought to auction by Online Property Auctions Scotland on 25th January 2024 with a Guide Price of £20,000.

1 Bed First Floor Flat, Grimsby

(For Sale with Auction House South Yorkshire)

1 Bed First Floor Flat in Grimsby - For Sale with Auction House South Yorkshire with a Guide Price of £5000 (January 2024)

Located in Grimsby, this one-bedroom first-floor flat is conveniently located near a diverse range of amenities, offering ease and accessibility. The property includes a shared concrete yard at the rear, enhancing its practical appeal.

With its strategic location, this apartment presents a rental potential of approximately £450 per calendar month, amounting to an annual income of £5400. The property’s layout and features make it an attractive option for potential tenants seeking a comfortable and well-connected living space.

The lot will be brought to auction by Auction House South Yorkshire on 15th January 2024 with a Guide Price of £5000.

3 Bed Property, Barnsley

(For Sale with Auction House South Yorkshire)

3 Bed Property in Barnsley - For Sale with Auction House South Yorkshire with a Guide Price of £18,000 (January 2024)

This spacious three-bedroom stone-fronted property is larger than average and is now vacant and strategically situated in a cul-de-sac opposite the cricket ground within a popular village. Enjoying proximity to road links connecting to both M1 and A1, schools, and shops, it stands as an enticing opportunity for buy-to-rent investors or those seeking a renovation project.

The generously proportioned property in Barnsley features a sizable living room, a second living room/dining room, a modern fitted kitchen, a bathroom, and three well-sized double bedrooms spanning two floors. Additionally, it includes an enclosed back garden.

The lot will be brought to auction by Auction House South Yorkshire on 22nd January 2024 with a Guide Price of £18,000.

1 Bed Apartment, Halifax

(For Sale with iamsold)

1 Bed Apartment in Halifax - For Sale with iamsold with a Starting Bid of £10,000 (January 2024)

Presenting a one-bedroom first-floor apartment in Halifax, this apartment is conveniently located within walking distance to Halifax town centre, local amenities, and public transport links. This residence is an appealing prospect and is offered with no onward chain, making it particularly attractive for investors.

The apartment is laid out on a single floor, featuring an entrance hall, an open-plan lounge and kitchen, a double bedroom, and a bathroom. With early viewings strongly recommended, potential buyers are encouraged to contact us promptly to arrange a viewing.

The property will be brought to auction by Modern Method of Auctioneer iamsold on 16th January 2024 with a Starting Bid of £10,000.