Even in the current market, it is possible to purchase property for under £50,000 – particularly in the current environment where a growing number sellers are using auction houses as opposed to estate agents.
For property investors and potential homeowners, it’s therefore well worth exploring what’s up for sale through auctioneers across the UK in order to access excellent deals and assets that will provide superb returns.
We’ve selected a diverse range of properties available at auction throughout July 2023; from promising projects to move-in-ready lots and more besides.
Requiring a full programme of refurbishment, this characterful property sits in a romantic location less than five minutes’ walk from Rosehearty Beach.
Just over an hour’s drive from Aberdeen, and 10 minutes from the shops and amenities of Fraserburgh, the lot is currently laid out to include three reception rooms – including two living spaces and a study – a kitchenette, family bathroom and sun porch on the ground floor. There are two bedrooms to the first floor, and there is also scope to convert two of the ground floor reception spaces into sleeping accommodation.
The chalet-style property and its stunning surroundings are overlooked by the ancient ruins of Pitsligo Castle, with the Castle of Pittulie a short distance away.
The lot will be brought to auction and marketed by Dedman Gray Property Auctions on 19th July 2023 with a Guide Price of £50,000.
Available in move-in-ready condition, this well-proportioned property includes a full-length lounge/diner stretching from the front to the rear of the building. There is also a good-sized kitchen to the ground floor, and to the first floor can be found two generous bedrooms and a family bathroom.
With gardens to the front and rear, the home is well-positioned – less than 10 minutes’ walk from the centre of Stanley. The area offers plenty of amenities, including supermarkets, pubs, eateries and a number of schools. Newcastle can be reached by car in half an hour, and Durham is just over 20 minutes away.
The lot will be brought to auction by Auction House North East on 11th July 2023 with a Guide Price of £45,000.
Available in great condition, with just a little modernisation required, this good-sized property is comprised of a kitchen, sitting room and utility space to the ground floor, two generous bedrooms and a family bathroom to the first floor and two more large bedrooms to the second floor. There is also a cellar, a walled forecourt and a rear yard with an additional outdoor WC.
This superb home sits right on the Main Street of Egremont, offering immediate access to food shops and convenience stores, pubs and tearooms. There are a number of local schools nearby.
The beautiful St Bees Heritage Coast is less than 20 minutes away by car, as is the edge of the stunning Lake District National Park.
The lot will be brought to auction by Auction House Cumbria on 13th July 2023 for a Guide Price of £45,000 (excluding auction fees).
Less than half an hour’s drive from the centre of Huddersfield, 35 minutes from Leeds and a little over 40 minutes from Bradford, this Yorkshire stone building sits in the lovely town of Dewsbury. Ravensthorpe train station is just over five minutes away by car, and the area features plenty of greenery and several good schools.
As full renovation is required throughout, no internal inspection of the property has yet been possible. However, it is believed that the lot features two bedrooms, a reception room, a kitchen space and a bathroom space. There are also gardens to the front and rear, along with parking facilities behind the property.
This superb home would serve as an excellent investment for someone seeking a project.
The lot will be brought to auction by Harman Healy Property Auctions on 20th July 2023 with a Guide Price of £35,000.
Less than five minutes’ walk from both Belle Vue and Ryder Brow train stations, this end-terrace property sits just 20 minutes from Manchester city centre by both car and public transport.
Requiring modernisation throughout, including glazing, the home features two reception rooms and a kitchen to the ground floor, along with two bedrooms and a bathroom with WC to the first floor. There is also a rear yard.
Gorton Market, and a number of convenience stores, eateries and leisure venues, sit just five minutes’ walk from the lot, and Gore Brook valley and Sunny Brow park can both be reached within 10 minutes on foot.
The lot will be brought to auction by Savills Property Auctions on 18th July 2023 with a Guide Price of £40,000.
Featuring bay windows to both storeys, this property is in good condition and already has a tenant in situ, attracting £6,600 in rent annually. It is comprised of a sitting room, dining room and kitchen to the ground floor, along with two bedrooms and a family bathroom to the first floor. The lot also includes a rear yard.
The heart of Liverpool can be reached in less than 15 minutes by car, and there are dozens of superb shops, eateries, pubs, salons and other amenities easily accessible along Country Road, which is just around the corner. Kirkdale station is just over a 10 minute walk away, while South Park and Bootle South Recreation Ground are only 15 minutes away on foot.
The lot will be brought to auction by Auction House Lincolnshire on 17th – 18th July 2023 with a Guide Price of £10,000.
Requiring a full schedule of renovation works, this property in Stoke-on-Trent features two reception rooms, a shower room and a kitchen to its ground floor, along with three bedrooms to the first floor. There is also a yard to the rear.
Longton train station is just a 10-minute walk from the home along bustling King Street, which offers plenty of amenities from convenience stores to pubs to cafés. The green spaces of Fen Park and Glebedale Park are just a short distance away on foot.
The lot will be brought to auction by Landwood Property Auctions on 12th July with a Guide Price of £35,000.
A spacious property in good condition, this lot would benefit from modernisation and offers bags of potential. With off-road parking and wraparound gardens from the front to the rear, the home is comprised of two reception rooms, a WC and a kitchen with pantry to the ground floor, along with three spacious bedrooms and a family bathroom to the first floor.
Lovely Leamore Park is just five minutes’ walk away, and there are numerous amenities available just up the road in Bloxwich, including Bloxwich Hospital and local supermarkets. The areas closer to home also benefit from plenty of eateries, pubs, shops and schools.
The centre of Walsall can be reached in just over 10 minutes by car.
The lot will be taken to auction by Bond Wolfe Property Auctions on 13th July 2023 with a Guide Price of £29,000-£34,000.
A striking and characterful building with a great deal of history, this lot now requires a full schedule of refurbishment, but promises a superb return.
Arranged over three floors and a cellar, the home features a large living room and a kitchen to the ground floor, an additional kitchen with lounge and bathroom to the first floor and three spacious bedrooms to the second floor, according to the auctioneer.
There is also a small yard, and, in addition, the Title Deeds state that the buyer of the property will take ownership of a 700 square foot garden space accessible via Commercial Street.
The property sits in an excellent position within the thriving town of Newtown. It sits by a roundabout which provides swift access to the amenities of Broad Street, along which can be found pubs, bars, cafés and Bear Lanes Shopping Centre. Newtown train station can be reached in a little over 10 minutes on foot, and the green spaces of Dolerw Park are accessible in around five minutes.
The Welsh/English border is 25 minutes’ drive away.
The lot will be brought to auction by Auction House Birmingham and Black Country on 19th July 2023 with a Guide Price of £35,000.
A quaint detached bungalow in the seaside village of Jaywick, this property requires renovation but has a huge amount of promise. Comprising of a lounge, kitchen, wetroom-style bathroom and cosy bedroom, the layout may be changed to provide space for further sleeping accommodation.
With Jaywick Beach just over 10 minutes’ walk away, and the heart of Clacton-on-Sea accessible within 10 minutes by car, this lot would be ideal for an investor or an individual seeking a compact seaside holiday home.
The lot will be brough to auction by Dedman Gray Property Auctions from 18th July 2023 with a Guide Price of £45,000.