Written by Joanne Townsend
Joanne Townsend
Joanne completed a Journalism degree in 2012 before working for a number of marketing companies in the roles of a copywriter, moderator and PR assistant.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
When it comes to property investment for developers, property auctions are an intriguing place to look for lots with potential. We’ve selected lots and properties with planning permission in place or have an ongoing application located across the UK during March 2024.
This exceptional residential development opportunity is located in Strome Ferry. This rare plot boasts planning consent for a split-level dwelling offering stunning views of Loch Carron. The plot spans 0.38 acres and proposes impressive accommodation.
The lower ground floor features two double bedrooms with en-suite shower rooms and a utility room. The ground floor includes a hall, cloakroom, spacious open-plan kitchen/dining/family room, W/C, principal bedroom with en-suite bathroom, and a double bedroom with en-suite shower room. This is a unique opportunity to build a residential property for living in or selling for a buy-to-let opportunity.
The lot will be brought to auction by Town & Country Property Auctions on 28th March 2024 with a Guide Price of £75,000.
Don’t miss this incredible chance to acquire a plot of land at Hoskers Nook Farm with land that has planning permission which has been secured for the construction of two detached dwellings along with a new access and driveway.
Nestled in the sought-after residential area of Westhoughton, on Eatock Way in Bolton, this opportunity promises a lifestyle of convenience. Just a brief drive to the heart of Westhoughton ensures easy access to local amenities while being less than 5 minutes away from the train station which provides seamless travel to Manchester. Additionally, the area boasts a variety of primary and high schools nearby, offering convenience for families. In a desirable location with the potential for an ideal living experience, the land offers a great opportunity for investors.
The lot will be brought to auction by iamsold on 22nd March 2024 with a Starting Bid of £235,000.
This significant development site comes with approved planning permission for a mixed-use development. The plan includes three ground-floor commercial units alongside seventeen residential units, comprising thirteen one-bedroom and four two-bedroom flats.
Located in the heart of Exmouth town centre, the property offers proximity to local shops and amenities. Residents will also enjoy easy access to the expansive Imperial Recreation Grounds and the seafront. Transport connections are excellent, with Exmouth rail station situated less than 200m away, ensuring convenient travel options for residents and visitors alike.
The lot will be brought to auction by Town & Country Property Auctions on 28th March 2024 with a Guide Price of £490,000.
This freehold development site boasts planning permission for the construction of a two-storey, two-bedroom dwelling house. Situated adjacent to an existing three-storey residential building, the site occupies a favourable position, offering the added advantage of a spacious private rear garden.
The approved plans include provisions for front boundary treatment, as well as both hard and soft landscaping, ensuring a well-integrated addition to the neighbourhood. Additionally, amenities such as cycle and refuse/recycling enclosures are part of the proposed development. This opportunity presents an ideal prospect for those seeking to create a new residence in a sought-after area, with the convenience of approved plans already in place.
The lot will be brought to auction by Town & Country Property Auctions on 28th March 2024 with a Guide Price of £175,000.
This property comprises a vacant former commercial unit on the ground floor, with partially refurbished residential units on both the ground and first floors. Planning permission has been secured for its conversion, allowing for the creation of a one-bedroom flat on the ground floor and a seven-bedroom House with Multiple Occupation spanning both floors.
Positioned on the south side of Fore Street, at the junction with Church Road and Station Road, it benefits from nearby amenities at Camborne Retail Park to the southwest. Redruth station is conveniently located approximately 2 miles northwest. Additionally, Carn Brea Park offers recreational opportunities nearby. This property presents a promising opportunity for development in a well-connected location, catering to both residential and commercial needs.
The lot will be brought to auction by Allsop Auctions on 27th February 2024 with a Guide Price of £180,000.
An exceptional development prospect awaits with this barn, offering a rare opportunity in a semi-rural setting yet conveniently located near Codsall village amenities. Set amidst picturesque views of open fields, this property in Wolverhampton boasts approved planning permission for the conversion into a residence featuring two bedrooms, a study, and an attached annexe.
With the potential of this offering, the barn offers tranquillity and convenience. A remarkable chance to transform this barn into a stunning living space tailored to modern needs, the barn is within reach of essential amenities.
The lot will be brought to auction by iamsold on 22nd March 2024 with a Starting Bid of £165,000.
This semi-detached, freehold commercial property on Nailsea’s High Street presents an exceptional investment opportunity. Currently serving as a hair salon, it boasts outline planning approval for a versatile mixed-use development. This approval permits the demolition of the existing premises and the construction of four C3 residential units, alongside a commercial unit on the ground floor.
With parking space for approximately three vehicles and potential for expansion, this property promises convenience and adaptability. Positioned prominently along the bustling High Street, it offers investors a prime location ripe for modern redevelopment. A lucrative commercial asset with significant potential, this property offers proximity to Bristol and Bath, boasting various amenities and excellent transport links.
The lot will be brought to auction by David Plaister Auctions on 27th March 2024 with a Guide Price of £425-450,000.
Offering a prime development opportunity, this expansive property is located on Oakfield Road and presents a lucrative opportunity. With existing planning permission, the property’s intended transformation involves converting the ground floor into a vibrant bar/restaurant, while the upper floor is slated for a bed and breakfast setup, comprising eight rooms accommodating six beds each.
Spanning across the basement and two stories, the layout includes a bar/restaurant, reception lobby, eight bedrooms with attached W/Cs and shower rooms, a commercial kitchen, and an office space. With swift public transportation links to the Walton city centre, enhancing its appeal for investors and developers alike.
The lot will be brought to auction by Venmore Auctions on 27th March 2024 with a Guide Price of £145,000.
This freehold pub/restaurant is situated in Pontblyddyn village and boasts a substantial car park. The detached two-storey stone-built property, known as The Druid Inn, offers character and convenience, located approximately three miles from Mold. It has long served as a licensed establishment, featuring a restaurant area seating around 60 people, complemented by an outdoor decked seating area.
The property includes a self-contained three-bedroom flat for managers/owners on the first floor. Planning permission has been granted for a change in the building’s use from a restaurant to two dwelling houses. Pontblyddyn enjoys proximity to Mold and Chester, with convenient access to the A55 Expressway at Dobshill. Local amenities such as a garage, village shop, and public house are within reach, supported by a nearby bus service and railway station.
The lot will be brought to auction by Pugh Auctions on 27th March 2024 with a Guide Price of £250,000.
In the heart of Castleford town centre, this former cinema and nightclub present an enticing opportunity for investors and developers. With planning permission granted back in 2020, the property is primed for transformation into four commercial units and twenty self-contained apartments.
Upon completion, the development is expected to yield an annual rental income. Extensive renovations have already been undertaken, including the creation of three new structural openings, drainage designs, and Phase 2 ground investigations. Conveniently situated just 0.2 miles from Castleford train station and 2.4 miles from the M62 motorway, the property boasts a central location offering access to transportation links and amenities.
The lot will be brought to auction by Auction House West Yorkshire on 27th March 2024 with a Guide Price of £200,000.
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