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.
The UK auction market is a great place to find affordable properties with excellent potential. In this article, we have selected lots with some of the lowest Guide Prices in the country – all of which are available during May 2023.
Read on to discover your next investment, and to achieve a significant return on investment.
With modernisation required throughout, this terraced property features two generously-sized bedrooms along with a lounge, a galley kitchen with separate dining room and a shower room. The lot includes a rear garden, much f which is currently taken up by a store/workshop building.
It is worth noting that the home has currently been unoccupied for around five years.
The open green expanses of Melbourne Park sit just two minutes’ walk from the property, while St Nicholas’ Gate Shopping Centre can be reached in under ten minutes on foot. The area also benefits from a number of additional amenities, including local schools and eateries.
The centre of Carlisle and the town’s train station are accessible in just over five minutes by car.
The property will be taken to auction by Auction House Cumbria on 25th May 2023 with a Guide Price of £25,000.
Bungalows continue to be highly sought-after across the UK, so this good-sized end-terrace property is an excellent find. It features two bedrooms, a lounge, a kitchen and a bathroom – all of which are very well-proportioned.
The lot is in need of renovation, but offers a superb return on investment. Located just around the corner from Pallion Road, which provides amenities such as shops, eateries and takeaways, and leads south to Sunderland Royal Hospital (three minutes’ drive away by car), the home is very well-located.
The pretty Pocket Park is only ten minutes’ walk away, while local residents can reach Sunderland’s town centre in just over five minutes by car. The Pallion Metro station is a two minute drive away.
The property will be taken to auction by Auction House North East on 23rd May 2023 with a Guide Price of £29,000.
Available in good condition, this property available to buy features two bedrooms, two reception rooms, a kitchen and a family bathroom, as well as a rear porch leading to a back yard.
Located in the quiet neighbourhood of Barrow Island, the lot is positioned in close proximity to Barrow Island Park and Cavendish Park. It’s just a five-minute car journey over Michaelson Road Bridge to Barrow‘s town centre, and a further two minutes to its train station and a range of further local amenities.
The property will be taken to auction by Auction House Cumbria on 25th May 2023 with a Guide Price of £35,000 – £45,000.
Situated just five minutes’ walk from the eateries, supermarkets and other amenities on Anlaby Road, certain rooms within this property have already been stripped back to near shell-condition, ready for renovation.
Featuring two good-sized bedrooms, a spacious lounge and kitchen with separate dining room, a family bathroom and a rear yard and enclosed forecourt, there is potential to rearrange the lot’s floorplan to add a third bedroom and add further value to the property.
The centre of Hull and St Stephen’s shopping centre are accessible in just over 10 minutes by bus from Anlaby Road, with Hull Royal Infirmary only eight minutes’ drive away and Hull City football team’s home stadium nearby.
The property will be taken to auction by Auction House Lincolnshire on 15th May 2023 with a Guide Price of £10,000.
Featuring good-sized rooms in need of modernisation to add value, this lot includes a driveway, garage and rear garden.
With a large lounge and well-proportioned kitchen, three comfortable bedrooms, an upstairs WC and downstairs family bathroom, this terraced home has plenty of potential. Located right by Stainforth Cricket club, the property benefits from a highly convenient position, just three minutes’ drive from Hatfield & Stainforth station.
A little over 20 minutes’ drive outside of Doncaster, the local area features supermarkets, cafes, schools and Doncaster College’s Music and Music Technology campus.
The lot will be taken to auction by Auction House Lincolnshire on 15th May 2023 with a Guide Price of £10,000.
With a reception room, kitchen and bathroom to the ground floor and three cosy bedrooms to the first floor, this lot includes gardens to the front and rear.
Requiring a little refurbishment (in addition to the normal house sale costs), the property sits just over five minutes’ drive from Widnes Market, the Green Oaks shopping centre and local supermarkets. The Bongs Nature Reserve and Victoria Park are both accessible in under ten minutes, while the centre of Widnes can be reached by care in seven minutes.
The property will be taken to auction by Bond Wolfe Auctions on 18th May 2023 with a Guide Price of £20,000.
Benefitting from a rear garden, and with a reception room and kitchen to the ground floor and two bedrooms and a bathroom to the first floor, this end terrace property is brimming with potential, and will likely require some renovation.
The local area features shops and pubs within a minutes’ walk along London Road, and the lot sits just over ten minutes’ drive from the heart of Holyhead and from Traeth Penial beach on Anglesey’s beautiful west coast.
The seller is disposing of this property through Auction House London on 24th May 2023 with a Guide Price of £35,000.
This spacious double-fronted lot requires a full programme of renovation work to bring it to its full potential. However, it benefits from plenty of period features, including exposed beams and fireplaces.
There is a yard to the rear, with two reception rooms and a kitchen (with no fittings) to the ground floor. The first floor features three bedrooms. With plenty of opportunity to retain the character of the property, this will make an excellent project for any new owner.
Located in an attractive neighbourhood, with parks including The Carrs and Warsop Skate Park and Playground nearby, the property benefits from its position on the High Street, with immediate access to its shops, hospitality venues and the local library. The area is also excellent for schools.
The centre of Mansfield is just a fifteen minute drive away via the nearby A60.
The property will be taken to auction by Bond Wolfe Auctions on 18th May 2023 with a Guide Price of £20,000.
This three-storey terraced property benefits from a good sized lounge, a well-proportioned kitchen, a ground floor bathroom and three generous bedrooms – two on the first floor and one on the second. The lot also includes a forecourt and a rear yard which may double as off-street parking.
Renovation work is required throughout to see the property achieve its full potential. Located just over 25 minutes’ drive outside of Rotherham (20 minutes from Sheffield), the lot enjoys a convenient position, with the amenities of two different major thoroughfares within easy reach; Doncaster Road is three minutes away and the High Street is accessible within six minutes.
Dearne Leisure Centre and the local cricket club are only five minutes’ drive away, while residents can walk to Goldthorpe train station in just over ten minutes.
The property will be taken to auction by Auction House South Yorkshire on 8th May 2023 with a Guide Price of £10,000.
A little over ten minutes’ walk from Adderley Park train station, this property has plenty of potential – featuring good-sized rooms, including a living room with bay window, a separate kitchen and dining room, two comfortable bedrooms and a generous family bathroom – with a second bathroom (with bath) to the ground floor.
Modernisation is required throughout, including partial glazing. There is a forecourt and a garden to the rear – and there may well be capacity to convert the property into a three or four bedroom home.
Birmingham city centre is only fifteen minutes’ drive away, and the Heartlands Hospital can be reached in under ten minutes. Nearby Alum Rock Road offers plenty of amenities, including places to eat and drink, along with grocery shops and retail outlets.
The property will be taken to auction by Bond Wolfe Auctions on 18th May 2023 with a Guide Price of £19,000.
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