Written by Caroline Lamb
Caroline Lamb
Caroline has been working as a freelance copywriter since 2013. In that time, she has created articles, blog posts, landing pages, white papers and other types of content for a huge variety of clients.
If you’re working with a budget of £50,000 or under – whether as a property investor or a prospective home owner – the current UK housing market may seem quite exclusionary.
However, it’s a totally different story upon delving into the world of property auctions. From development opportunities to move-in-ready homes, there is a wide range of lots available right across the country that will suit even the most modest of budgets.
See below for just a few of the best UK auction properties with Guide Prices under £50k that will go under the hammer this June.
Arranged over a single level and comprised of a reception room, a galley kitchen, two bedrooms and a bathroom/WC, this property also includes a small forecourt and enclosed rear yard.
Bungalows, are, of course, a highly-sought-after property type, and this attractive lot – available in move-in-ready condition – is particularly desirable.
With all the amenities of Sunderland city centre just a 10-minute drive away, and junction 65 of the A1(M) accessible within 25 minutes, the lot enjoys a position a little over 15 minutes walk from the open spaces of Backhouse Park and a three minutes from the Promenade by car. Sunderland Royal Hospital can also be reached in less than 15 minutes.
The lot will be brought to auction by Allsop Property Auctions on 22nd June 2023 with a Guide Price of £35,000.
This lot requires some cosmetic improvement to bring it to its full potential. However, with spacious rooms and a superb location, it represents an excellent investment.
The property’s generous lounge and dining room are positioned off its long ground floor hallway – and this storey also features a galley kitchen and store.
The first floor is comprised of three good-sized bedrooms, a bathroom and separate WC. With both the lounge and the master bedroom benefitting from bay windows, the lot has a great deal of promise.
Middleton Grange Shopping Centre sits just 15 minutes’ walk away, while the centre of Hartlepool can be reached in less than 10 minutes by car. The local train station is around five minutes’ drive away, as is the seafront and Middleton Pier. Schools, supermarkets, eateries, bars and more are easily accessible within the local area.
The lot will be brought to auction by Auction House Lincolnshire on 12th – 13th June 2023 with a Guide Price of £10,000.
A classic back-to-back property built in traditional Yorkshire stone, this one-bed home requires modernisation throughout, but offers plenty of potential to be transformed into a cosy and highly convenient property.
Arranged over three storeys – including a basement to the lower level, a lounge/diner and kitchen to the ground floor and a bedroom, bathroom and box room to the first floor – the lot benefits from a superb position, less than 10 minutes’ walk from Bradford’s Victoria Park and Low Moor station, and a little over 20 minutes’ drive from the city centre.
Chain Bar Roundabout (junction 26 of the M62) can be reached within five minutes by car, and nearby Bradford Road and Huddersfield Road offer amenities including eateries and shops. The area is also excellent for schools.
The lot will be brought to auction by Pugh property auctions on 21st June 2023 for a Guide Price of £45,000.
Featuring a lounge, dining room and sizeable separate kitchen to the ground floor, along with three good-sized bedrooms and a family bathroom to the first floor, this well-positioned property also includes a fenced forecourt and enclosed rear yard.
The lot requires renovation throughout, but benefits significantly from its proximity to Grimsby town centre, which is just over five minutes’ drive away. Grimsby Town train station can be reached in less than 15 minutes on foot, and the neighbourhood surrounding the property is rich with amenities, including schools, supermarkets, bars and cafés.
The lot will be brought to auction by Auction House Lincolnshire on 12th June 2023 with a Guide Price of £15,000.
This property is located just over 30 minutes drive from Manchester city centre and benefits from its proximity to the greenery of Peel Park and Cutacre Country Park.
Comprised of a very spacious living room and kitchen to the ground floor, along with two large bedrooms (one with en-suite WC) and a family bathroom to the first floor, this property requires a good amount of renovation work – but the rewards will be significant.
As well as its own private drive and car port garage, the property features front and rear gardens. It is well-situated for local schools and a number of grocery shops, bars and eateries on nearby Manchester Road East and Manchester Road West. The home is fairly equidistant between Walkden and Atherton train stations, being nine and 11 minutes’ drive away respectively.
The lot will be brought to auction by Auction House South Yorkshire on 12th – 13th June 2023 with a Guide Price of £40,000.
While the interior of this property has not yet been inspected due to auctioneers acting on behalf of mortgagees not in possession, it is likely that the lot is comprised of a living room, kitchen/diner and downstairs bathroom to the ground floor, as well as three generous bedrooms to the first floor.
Due to the excellent size of the plot on which it sits, this lot may have great potential for extension. As it stands, the auctioneers presume that the building’s interior will require a full schedule of renovation.
Sitting around 20 minutes’ drive from Liverpool city centre and a little over five minutes from Broad Green Hospital, the home benefits from its close proximity to Broad Green train station, which is just five minutes’ away by car – as is junction 4 of the M62.
Nearby East Prescot Road provides plenty of amenities, including eateries and supermarkets, and there are a number of local schools within easy reach.
The lot will be brought to auction by Town & Country Property Auctions on 29th June 2023 with a minimum opening bid of £45,000.
Featuring a characterful stone façade, this property is comprised of a sitting room, kitchen/diner to the ground floor, along with a rear porch featuring a downstairs WC. To the first floor can be found bedrooms to the front and rear, along with a shower room.
The home also benefits from a rear garden. Modernisation is required throughout to bring the property to its full potential.
Sitting just over five minutes’ walk from sweeping Ecclesfield Park, the property is within easy reach of Chapeltown Road and The Common, allowing residents easy access to supermarkets, pubs and cafés. The A6135 provides access to Sheffield city centre in just 20 minutes, skirting the Northern General Hospital along the way.
The lot will be brought to auction by Pugh property auctions on 20th June with a Guide Price of £50,000.
This unique and attractive property requires improvement works throughout, but offers spacious accommodation throughout, along with a rear garden and walled forecourt.
To the ground floor, the home features a generous lounge with bay window, along with a very large dining room and separate rear kitchen. The large master bedroom to the first floor also features a bay window, and this storey also includes a rear bedroom and family bathroom.
The second floor features two further good-sized bedrooms.
With the centre of Nottingham only eight minutes’ drive away, and the very large Meadows Recreation Ground accessible in just two minutes on foot, this property is very well-positioned. Nearby London Road provides swift access over the Trent Bridge to bustling West Bridgford, which features eateries, bars, supermarkets and more.
The lot will be taken to auction by Savills property auctions on 21st June 2023 with a starting bid of £50,000.
With the centre of Birmingham less than 10 minutes’ drive away and Erdington train station accessible in a little over five minutes on foot, this property sits in a neighbourhood that is rich with amenities – from cafés, takeaways and pubs to local schools and the numerous retail outlets within Central Square Shopping Centre.
A good amount of renovation is required throughout, but the lot promises an excellent return on this investment. With a separate living room and dining room to the ground floor, along with a galley kitchen, bathroom and utility, the property features two spacious bedrooms to the first floor. There is also a very generous rear garden and a forecourt.
The lot will be brought to auction by Auction House South Yorkshire on 12th – 13th June 2023 with a Guide Price of £50,000.
This property’s current fire-damaged condition belies its significant potential. Available with full planning permission for renovation, drawings indicate that the three storey lot would include a spacious living area and hobby space to the lower ground floor, along with a WC and utility area.
To the ground floor, the property would feature an open plan kitchen/dining space, with access to a large exterior area. The first floor of the property would be comprised of two spacious bedrooms, a family bathroom and a generous landing.
One very attractive feature of this lot is its elevated position, which allows unimpeded views across the city of Swansea and out to Swansea Bay. The city’s train station can be reached within 15 minutes on foot, while the pretty Bryn-y-Don Park lies virtually adjacent to the property.
The lot will be brough to auction by The Property Auction House from 21st – 22nd June 2023 with a Guide Price of £36,000.
Receive a FREE
Auction Valuation Report
© Copyright 2024 Property Auctions News. All rights reserved
PropertyAuctions.News is a trading style of Property Solvers Limited, Company Registration Number: 05878362