When it comes to investment for property developers, property auctions are a superb place to look for lots with potential that offer an exciting new addition to your portfolio. In this article, we’ve selected several sites and properties with planning permission in place or have an ongoing application, located across the UK during January 2024.
The attached Smithy workshop, part of the main house, presents an enticing opportunity for prospective buyers to embark on a complete renovation. The workshop requires renovations and has been currently stripped down by the current vendors. Planning permission has been granted that will allow for the creation of a three-bedroom property.
Set on a spacious plot with off-road parking and a sizable rear garden, this property is offered for sale without any onward chain. Conveniently positioned for commuting to the nearby Sellafield site or beyond via the A595, the residence is a short 2-minute drive from the village of Gosforth, offering local amenities.
The lot will be brought to auction by Mitchells Auctions on 25th January 2024 with a Guide Price of £30,000.
This property offers an excellent opportunity with planning permission secured for the construction of a three-storey, self-contained dwelling. An ideal addition to the portfolio, this is located to the rear of 176 Lodge Lane. The proposed residence encompasses four bedrooms, three bathrooms, and a separate toilet. The convenience of off-street parking for two cars enhances its practicality.
The dwelling promises a spacious and well-designed layout, ideal for a first family residence. The assurance of vacant possession adds to the appeal, providing a blank canvas for the new owner. Its strategic location proves advantageous, being conveniently situated for the amenities of Grays town centre. This development holds significant potential for those seeking a modern, well-appointed home.
The lot will be brought to auction by Savills Property Auctions on 24th January 2024 with a Guide Price of £100,000.
Offering a freehold parcel of land, this property holds immense potential with granted planning permission for a three-bedroom modern detached house. Positioned at the junction of Fairfax Road and Dunlop Road, the land is conveniently located for Tilbury’s amenities. The vacant status enhances its appeal, providing a blank canvas for prospective development.
The plot holds promise for further expansion, contingent upon obtaining the necessary consent. Situated near shopping facilities in Tilbury’s centre, residents can easily access everyday conveniences. For leisure, King George’s Field and Koala Park offer recreational amenities nearby. This offering combines a favourable freehold status, approved planning for a detached dwelling, and the prospect of additional development, making it an attractive prospect.
The lot will be brought to auction by Savills Property Auctions on 24th January 2024 with a Guide Price of £50,000.
Presenting a single-storey former office, this property is strategically positioned close to Leeds city centre. Benefiting from a diverse range of local amenities and convenient transport links, it enjoys easy access to major routes such as the A58 Wetherby Road and the A64 York Road. Excellent vehicular connectivity extends to Crossgates, offering a plethora of amenities including the Crossgates Shopping Centre, pubs, and a local railway station.
This property is well-suited for those seeking a versatile space in a location with amenities and efficient transport connections. The site has planning approved for a three-bedroom detached house which would make a good rental opportunity with the prime location or could offer a good return when sold.
The lot will be brought to auction by SDL Property Auctions on 31st January 2024 with a Guide Price of £60,000.
This approved development land, located on Lewis Street, Stoke-On-Trent, presents an exclusive opportunity for investors. With planning permission granted, the land is designated for the construction of a two-storey building, featuring two self-contained one-bedroom residential units.
Positioned just 0.3 miles from Stoke-on-Trent railway station, the convenience of transportation is an attractive feature of the property. The lot would be a great residential investment. This offering is particularly attractive for investors seeking a prime location in a sought-after residential area.
The lot will be brought to auction by Higgins Drysdale Property Auctions on 26th January 2024 with a Guide Price of £5,000.
An exceptional chance awaits to acquire development land situated in the heart of Brigg. This investment opportunity is not to be overlooked as it features planning permission for a transformative project. The approval encompasses the conversion of existing listed storage, outbuildings, former abattoir lean-to, and additional outbuildings into two one-bedroom residential studio flats.
Furthermore, the plan includes the partial demolition of an unstable existing listed building with subsequent reinstatement. This well-positioned parcel provides a unique prospect for those seeking to capitalise on the central location in Brigg and the potential for a comprehensive redevelopment project.
The lot will be brought to auction by Modern Method of Auctioneer iamsold on 19th January 2024 with a Starting Bid of £50,000.
This development opportunity in Stranraer presents a remarkable chance to acquire land with planning in principle for four dwelling houses. The proposed residences include a hallway, a spacious lounge, a bedroom, a shower room, and an open-plan kitchen/dining area. The plan also incorporates two turning areas and a residents’ courtyard.
Stranraer offers a diverse array of shopping options and an assortment of bars and restaurants. The town boasts both primary and secondary education facilities. There are also excellent transport links along with the M77 connecting to Glasgow and central Scotland, accessible at Ayr.
The lot will be brought to auction by Auction House Scotland on 22nd January 2024 with a Guide Price of £55,000.
Comprising two former agricultural buildings in Bude, these are conveniently situated to the east of the farmhouse. These structures boast independent access from the highway in Bude. The first building, a former shippon & dairy holds planning permission for the conversion and extension of the dairy barn.
The second structure is an open-fronted machinery store presents an enticing opportunity for potential residential development. Ideal for those looking for investment opportunities in this industry.
The lot will be brought to auction by Kivells Auctions on 17th January 2024 with a Guide Price of £65,000.
This enticing commercial-to-residential development project in Alyth comprises a former Post Office building that has secured full planning approval for the conversion into one 1-bedroom and one 2-bedroom dwelling, each with a rear garden. The competitive guide price and promising end project value make this an appealing prospect for developers interested in potential outcomes like long-term rentals, short-term holiday lets, or resale.
Nestled within the scenic Cairngorm National Park, Alyth, a charming historic village, is situated approximately 5 miles northeast of Blairgowrie and 17 miles northwest of Dundee. Offering a variety of local amenities and primary schooling, the town is well-connected, with regular bus routes to Perth and Dundee.
The lot will be brought to auction by Auction House Scotland on 22nd January 2024 with a Guide Price of £60,000.
An enticing development opportunity awaits with outlined planning permission granted for a three-bedroom detached property. This residence is tailored to modern living with planning for a three-bedroom dwelling allowing potential developers to envision and customise the specifics of the property.
This development prospect is ideal for those seeking a ready-to-go project with the advantage of a pre-approved plan for a contemporary, three-bedroom home. With the groundwork laid through outlined planning, this opportunity streamlines the development process, making it an attractive option for individuals or investors looking to embark on a residential project.
The lot will be brought to auction by iamsold, a modern method of auctioneer, on 19th January 2024 with a Starting Bid of £45,000.