What You Can Buy at UK Property Auctions for Under £50,000 – June

These property auctions include residential and commercial offerings across the United Kingdom at a market value of under £50k during June 2024.

2 Bed Apartment, Pensarn

(For Sale with Town & Country Property Auctions)

2 Bed Apartments in Pensarn - For Sale with Town & Country Property Auctions with a Guide Price of £30,000 (June 2024)

Situated on Marine Road in Pensarn, this two-bedroom apartment is conveniently located near local amenities and just a short walk from the seafront. It features a living room with a side window and a fully fitted kitchen equipped with a range of wall, base, and drawer units.

The bathroom includes a three-piece suite for convenience. Both bedrooms have windows to the side. Ideal for those seeking a coastal retreat for the perfect holiday apartment, this is conveniently living close to the seaside. This apartment offers comfortable accommodation in a desirable location in Pensarn.

The lot will be brought to auction by Town & Country Property Auctions on 27th June 2024 with a Guide Price of £30,000.

2 Bed Terrace House, Ferryhill

(For Sale with Town & Country Property Auctions)

2 Bed Terrace House in Ferryhill - For Sale with Town & Country Property Auctions with a Guide Price of £30,000 (June 2024)

This two-bedroom terrace house is located on Bessemer Street in Ferryhill. The terrace house is a freehold offering that would make an interesting addition to a portfolio. The terrace house is within a good distance of shops, schools and Dean Bank Park.

With easy access to the city centre of Ferryhill, this property is a good option for a rental investment. With refurbishment, this would add value to the property when resold.

The lot will be brought to auction by Town & Country Property Auctions on 24th June 2024 with a Guide Price of £30,000.

1 Bed Upper Flat, Lochgelly

(For Sale with Online Property Auctions Scotland)

1 Bed Upper Flat in Lochgelly - For Sale with Online Property Auctions Scotland with a Guide Price of £35,000 (June 2024)

This vacant one-bedroom upper flat requires internal modernisation to get the flat to an adequate level. It presents an excellent opportunity for both first-time buyers and buy-to-let landlords. The estimated potential rental income is £450 per month.

The property includes an entrance hall, a bedroom, a lounge, a kitchen, two spacious storage cupboards, and a well-sized bathroom with both bath and shower facilities. Positioned as a fantastic opportunity, this flat provides versatile living space and investment potential in a convenient location of Lochgelly.

The lot will be brought to auction by Online Property Auctions Scotland on 27th June 2024 with a Guide Price of £35,000.

2 Bed First Floor Flat, Paisley

(For Sale with Auction House Scotland)

2 Bed First Floor Flat in Paisley - For Sale with Auction House Scotland with a Guide Price of £35,000 (June 2024)

New to the market is this two-bedroom traditional flat, ideally situated on the first floor in Paisley’s sought-after West End. The spacious and well-presented interior features a bright open-plan lounge/kitchen facing the front, two bedrooms, and a modern bathroom with an over-bath shower. There is also the advantage of a shared rear garden.

Buy-to-let investors will be attracted to the impressive potential rental yield of 18% as well as the substantial 30% discount compared to the Home Report valuation of £50,000, ensuring strong interest from investors and owner-occupiers alike.  Located on Wellmeadow Street, the flat benefits from a convenient location close to Paisley town centre, offering a variety of shopping, leisure facilities and schools. Excellent rail, bus, and motorway links further enhance its appeal.

The lot will be brought to auction by Auction House London on 27th June 2024 with a Guide Price of £35,000.

Office Unit, Glasgow

(For Sale with Online Property Auctions Scotland)

Office Unit in Glasgow - For Sale with Online Property Auctions Scotland with a Guide Price of £29,000 (June 2024)

This fully refurbished office unit in a central Glasgow location offers an exceptional investment opportunity or potential owner-occupier property. Situated on Renfield Street, directly opposite Glasgow Central Station, the property boasts a prime city centre position accessible from Gordon Street and Renfield Street.

Previously used as a dental surgery, the office is newly refurbished and estimated to yield up to £600 per month in rental income. It features upgraded kitchen and bathroom facilities, along with lift access to all floors. Ideal for various uses, this property benefits from Glasgow’s bustling city centre environment with strong demand for office space. The area is well-served by transport links including the M8 motorway and nearby train stations, complemented by a range of amenities such as restaurants, bars, theatres, and cinemas.

The lot will be brought to auction by Online Property Auctions Scotland on 27th June 2024 with a Guide Price of £29,000.

3 Bed Mid Terrace House, Liverpool

(For Sale with Auction House London)

3 Bed Mid Terrace House in Liverpool - For Sale with Auction House London with a Guide Price of £50,000 (June 2024)

This three-bedroom mid-terrace house is located in Liverpool. Located on a residential road in near local shops and amenities, Mellanear Park is also conveniently accessible. Transport links are provided by the rail station in the city centre.

The ground floor features a through reception room, kitchen, and a bathroom. Upstairs, there are three bedrooms. Outside, the property includes a rear yard, offering outdoor space for relaxation or potential enhancement. Ideal for residential living, the property presents opportunities for personalisation and convenience in a well-connected neighborhood.

The lot will be brought to auction by Auction House London on 27th June 2024 with a Guide Price of £50,000.

Former Cafe and First Floor Ancillary Space, Bishop Auckland

(For Sale with Auction House London)

Former Cafe and First Floor Ancillary Space in Bishop Auckland - For Sale with Auction House London with a Guide Price of £35,000 (June 2024)

This freehold property in Bishop Auckland consists of a vacant mid-terrace building with a ground floor formerly used as a café and first-floor offering ancillary space. Situated on a mixed-use road close to local shops and amenities, it is surrounded by businesses such as Halifax and Specsavers. Northern Park is also easily accessible from the location, and Bishop Auckland rail station provides convenient transport links.

The ground floor features a shop area and a WC, while the first floor includes ancillary space and a kitchen area.  Outside, the property benefits from a rear yard, offering potential outdoor space. This versatile property presents opportunities for various commercial uses in a well-connected area, suitable for business operations or potential redevelopment.

The lot will be brought to auction by Auction House London on the 27th of June 2024 with a Guide Price of £35,000.

2 Bed Mid Terrace Property, Mansfield

(For Sale with SDL Property Auctions)

2 Bed Mid Terrace Property in Mansfield - For Sale with SDL Property Auctions with a Guide Price of £49,000 (June 2024)

This mid-terrace home features two spacious bedrooms and located on Chesterfield Road South in Mansfield. The ground floor includes an entrance hallway, a front lounge, a sitting room, a dining room, and a modern kitchen. Upstairs, there are two double bedrooms and a generously sized family bathroom. Outside, there is a private garden.

The property boasts a modern kitchen and bathroom. It requires some decorative updates but no major renovations. Projected renovations could yield a rental income of £750 per calendar month, offering an 18.37% return against the guide price. Located on Chesterfield Road South, the property is within walking distance of a bus service, shops, amenities including a Tesco superstore, and various primary and secondary schools.

2 Bed Mid Terrace House, Stoke-on-Trent

(For Sale with BP Auctions)

2 Bed Mid Terrace House in Stoke-on-Trent - For Sale with BP Auctions with a Guide Price of £9,000 (June 2024)

This two bedroom mid-terraced property is situated on North Road in Stoke-on-Trent.  This property is situated directly adjacent to the pavement. The ground floor features a reception room, a kitchen and a bathroom. To the first floor, there are two bedrooms.

Externally, there is a rear yard. With refurbishment, you can add value to the property. With schools and shops within the vicinity, this would be ideal for family living or could be rented out to a couple or family.

BP Auctions will bring the lot to auction on 24th June 2024 with a Guide Price of £9,000.

Retail Unit and Ancillary Space, Great Yarmouth

(For Sale with Auction House London)

Retail Unit and Ancillary Space in Great Yarmouth - For Sale with Auction House London with a Guide Price of £20,000 (June 2024)

This vacant end-of-terrace building offers a ground-floor retail unit and first-floor ancillary space, with potential for further development subject to obtaining necessary consents. The property is freehold and located on a mixed-use road near local shops and amenities, with Beaconsfield Recreation Ground nearby. Transport links are conveniently provided by Great Yarmouth rail station.

Situated on a mixed-use road, the property benefits from proximity to local shops and amenities, as well as easy access to Beaconsfield Recreation Ground. This versatile property presents opportunities for various uses and potential development in a well-connected area of Great Yarmouth.

The lot will be brought to auction by Auction House London on 26th June 2024 with a Guide Price of £20,000.