July Auction Property Deals of the Month – Scotland

If you’re looking for a new property investment in Scotland, we have compiled residential and commercial properties that are being sold by auction in July 2024.

Residential Auction Properties Scotland

1 Bed Top Floor Apartment, Oban

(For Sale with Property Solvers Online Auctions)

1 Bed Top Floor Apartments in Oban - For Sale with Property Solvers Online Auctions with a Guide Price of £90,000 (July 2024)

This top-floor apartment is located on Albany Terrace in Oban and offers a unique opportunity for renovation and modernisation. The property boasts panoramic views towards the Sound of Kerrera, presenting an ideal canvas for crafting a bespoke home or investment property.

Offering four generous-sized rooms and a spacious bathroom, this is an ideal offering for transformation. Situated in the heart of Oban, this one-bed apartment is close to a wide range of amenities including shops, restaurants and schools. Enjoying good connectivity to the central of Scotland, this is perfect for investors or buyers seeking a project with promise in a sought-after location.

Property Solvers Online Auctions will bring the lot to auction on 17th July 2024 with a Guide Price of £90,000.

4 Bed Semi-Detached House, Selkirk

(For Sale with Auction House Scotland)

4 Bed Semi-Detached House in Selkirk - For Sale with Auction House Scotland with a Guide Price of £75,000 (July 2024)

This is a traditional semi-detached house on Ettrick Terrace, Selkirk, offering a promising development opportunity. The property features a kitchen, lounge, basement, four bedrooms, and two bathrooms, along with a sizable rear garden. However, extensive renovation work is required to restore it to livable condition. Suitable for buy-to-flip developers, serviced accommodation providers, and owner-occupiers.

This remarkable opportunity is located on Ettrick Terrace in Selkirk offering a diverse mix of housing, cultural amenities and educational facilities. Residents benefit from local amenities and broadband connectivity and this could be an ideal family home or rental opportunity.

The lot will be taken to auction by Auction House Scotland on 29th July 2024 with a Guide Price of £75,000.

4 Bed House, Peterhead

(For Sale with Online Property Auctions Scotland)

4 Bed House in Peterhead - For Sale with Online Property Auctions Scotland with a Guide Price of £87,000 (July 2024)

This four-bedroom house is an intriguing investment opportunity on Jamaica Street in Peterhead. Currently non-tenanted, the four-bedroom house is located in a highly sought-after area, presenting an ideal investment opportunity. With an estimated end-market rental potential of £990 per month, the property offers a substantial yield of 11.88% based on the guide price.
Inside the property, there is a living room, a family room, a kitchen and a three-piece bathroom on the ground floor. On the first floor, there is an additional living room, three bedrooms with one featuring an en-suite and an attic floor with another bedroom. Located in Peterhead, the property is only 26 miles from Aberdeen with its proximity to schools, the hospital and supermarkets.

The lot will be taken to auction by Online Property Auctions Scotland on 25th July 2024 with a Guide Price of £87,000.

1 Bed Flat, Greenock

(For Sale with Online Property Auctions Scotland)

1 Bed Flat in Greenock - For Sale with Online Property Auctions Scotland with a Guide Price of £45,000 (July 2024)

This is a vacant one-bedroom attic flat in central Greenock, offering an ideal investment opportunity or starter home. Previously rented at £450 per month, the property boasts an impressive yield. Located close to local amenities, the flat includes a living room, kitchen, bedroom, and shower room. It promises low-cost investment potential with a healthy return on investment, appealing to both investors and first-time buyers.

Greenock serves as the administrative centre of Inverclyde, the property is within walking distance of Greenock town centre and the railway station, providing excellent transport links to Glasgow City Centre and beyond. Local shops, supermarkets like The Range and B&M, and recreational facilities enrich the area’s appeal. This property represents a promising opportunity in a convenient and vibrant location.

The lot will be taken to auction by Online Property Auctions Scotland on 25th July 2024 with a Guide Price of £45,000.

2 Bed Maisonette, Falkirk

(For Sale with Town & Country Property Auctions)

2 Bed Maisonette in Falkirk - For Sale with Town & Country Property Auctions with a Guide Price of £65,000 (July 2024)

This is an impressive two-bedroom maisonette in Falkirk. Spread over two levels, the 1st floor features a lounge, and a kitchen, while the second floor includes two bedrooms and a bathroom. Currently rented at £550 per month, this property offers a remarkable opportunity for investors. Similar properties in the area command rents of £750 pcm, yielding an exceptional 15% gross yield.

Enjoying proximity to local amenities such as a primary school, public transport links, and convenient access to shops, this property presents an attractive investment opportunity with strong rental income potential, making this an ideal choice for investors seeking high returns in the competitive rental market.

The lot will be taken to the auction by Town & Country Property Auctions on the 25th of July 2024 with a Guide Price of £65,000

Commercial Auction Properties – Scotland

2 Adjorning Retail Office Units, Perth

(For Sale with Online Property Auctions Scotland)

2 Adjorning Retail Office Units in Perth - For Sale with Online Property Auctions Scotland with a Guide Price of £49,500 (July 2024)

The two adjoining retail/office units are located in the heart of Perth City Centre, adjacent to the new Perth Museum. Previously leased for £7,600 per annum, these units offer the ideal potential for asset management and are strategically located on Fleshers Vennel, a bustling pedestrian thoroughfare linking South Street and St Johns Place.
Offering strong market demand and potential for lucrative rental returns, the retail office units are located in Perth, a central Scottish location with excellent transport links.  This rare investment opportunity is ideal for local investors and developers seeking to capitalise on Perth’s vibrant commercial landscape and growing footfall.

Online Property Auctions Scotland will bring the lot to auction on 25th July 2024 with a Guide Price of £49,500.

Town Centre Commercial Property, Thurso

(For Sale with Online Property Auctions Scotland)

Town Centre Commercial Property in Thurso - For Sale with Online Property Auctions Scotland with a Guide Price of £39,500 (July 2024)

An outstanding investment opportunity awaits with this town centre commercial property located on a prominent High Street in Thurso, Caithness. This property promises a potential rental income of £700 per month. Situated in a high footfall area within the south-eastern side of the High Street. the property features a sales area, back store, staff kitchen, staff office, smaller back store, and accessible single WC. Two convenient parking spaces are also included at the rear.

Thurso offers a vibrant community with traditional shops, cafes, bars, and restaurants. It boasts historical charm and excellent amenities, making it an attractive destination for both locals and visitors alike. This opportunity presents an ideal chance for investors seeking high returns in a prominent town centre location with substantial potential.

The lot will be taken to auction by Online Property Auctions Scotland on 25th July 2024 with a Guide Price of £39,500.

Former Bank Premises, Dingwall

(For Sale with BidX1 Auctions)

Former Bank Premises in Dingwall - For Sale with BidX1 Auctions with a Guide Price of £190,000 (July 2024)

This prominent period property with parking is located in Dingwall. This notable three-storey period property is situated 15 miles northwest of Inverness. This property includes a car park with 12 spaces and an outbuilding. Dingwall is positioned on the A9 route and Inverness Airport is the nearest major air hub, approximately 22 miles south of Dingwall.

Located at the eastern end of Dingwall High Street, adjacent to the Post Office, Boots, and the National Hotel, this property enjoys a prime commercial location amidst bustling local amenities, including schools and sports facilities, enhancing its appeal for investment or commercial use.

BidX1 Auctions will bring the property to auction on 25th July 2024 with a Guide Price of £190,000.

Fourth-Floor Fully Fitted Office, Glasgow

(For Sale with Lambert Smith Hampton Auctions)

Fourth-Floor Fully Fitted Office in Glasgow - For Sale with Lambert Smith Hampton Auctions with a Guide Price of £115,000 (July 2024)

This is a prime fourth-floor office located in the town centre of Glasgow town centre. This vacant fourth-floor office space is located in a distinguished seven-storey office block in central Glasgow.

The office suite is fully fitted and self-contained, comprising office spaces, a boardroom, a meeting room, kitchen facilities, and separate male and female WCs. Situated prominently opposite Glasgow Central Station, the property enjoys excellent connectivity for commuters via bus services on Hope Street and nearby Argyll Street. Surrounding amenities include a variety of bars, shops, restaurants, and cafes, making it an ideal location for businesses seeking a central hub in Glasgow’s bustling city centre.

Lambert Smith Hampton Auctions will bring the lot to auction on 17th July 2024 with a Guide Price of £115,000.

Former Funeral Parlour, Buckie

(For Sale with Allsop Auctions)

Former Funeral Parlour in Buckie - For Sale with Allsop Auctions with a Guide Price of £80-90,000 (July 2024)

This vacant heritable former funeral parlour comprises a ground-floor commercial unit. Located in Buckie, a coastal town on the Moray Firth in Scotland, it is positioned 55 miles east of Inverness and 17 miles from Elgin.

Situated on the southern side of Newlands Lane at its junction with E Cathcart Street, the property benefits from a mixed commercial and residential neighbourhood. Nearby are occupiers such as Lidl, The Co-op and Bank of Scotland. This location offers a strategic position for commercial activities amidst a vibrant community setting, making it an attractive opportunity for various business ventures in Buckie’s bustling environment.

Allsop Auctions will bring the lot to auction on 17th July 2024 with a Guide Price of £80-90,000.