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.
There is a wide range of promising auction lots available across the UK throughout May 2023 for individuals or businesses seeking development and renovation opportunities.
Here, property journalist Caroline Lamb has selected ten of the properties that offer interesting potential. Explore below for just some of the best auction projects currently on offer.
Located off a private road just under 30 minutes’ drive from the centre of Aberdeen and less than a ten minute walk from the beautiful seaside village of Collieston, this plot of approximately 20,000 square feet is available with planning permission granted for three dwellings.
Each proposed building will be a detached, cottage-style property with front and rear gardens and an internal area of around 1,431 square feet. It is estimated that the value of each house will be about £400,000 – signifying an excellent return on investment.
With beaches and stunning sea views just a short walk away, this promises to be a very sought-after development.
The lot will be brought to auction by Town & Country Auctions on 25th May 2023 with a Guide Price of £90,000.
Featuring a characterful brick façade, and benefitting from a superb location, this Grade II listed former commercial property is arranged over three storeys.
Planning permission was granted in 2020 for external alterations – with a proposed change of use to residential.
Bishop Lane, upon which the property is situated, is a very attractive cobbled road just eight minutes’ walk from Hull City Centre. Hull & East Riding Museum and the Street Life Museum are both just around the corner, with other nearby amenities including the Trinity Indoor Market, Hull Minster and a number of shops, eateries and pubs.
The lot will be brought to auction by Auction House London on 24th May 2023 with a Guide Price of £60,000.
A very exciting opportunity for the right developer to receive an excellent return on investment, this parcel of land is located just half an hour’s drive from Liverpool‘s City Centre and comes with planning permission for the construction of two 3-bed semi-detached properties, one 4-bed detached property and two 2-bed apartments.
Benefitting from superb transport links, with regular bus services running throughout the area and nearby Moorgate Road providing swift access to junction 4 of the M57 motorway, the lot sits just over five minutes walk from the Eddie McArdle Playing Fields and ten minutes from Old Rough Park.
Between the property and the bustling town of Kirkby, residents will find plenty of amenities including shops, schools and eateries.
The lot will be brought to auction by Sutton Kersh Auctions on 25th May 2023 with a Guide Price of £95,000.
Development work has already begun on this well-located lot, with a 2-bed ground floor apartment and a 3-bed first floor flat that have already been refurbished. The former is already let and the latter is vacant, although the auctioneers have reason to believe that it has not been completed in line with its associated planning consents.
An extension sits to the rear of the property, which is available with planning permission for conversion into a 3-bed house.
With Sheffield City Centre a little under fifteen minutes’ drive away, and the M1 accessible in under 20 minutes, the lot benefits from its proximity to schools, eateries and beauty spots such as the Woodthorpe Ravine, this is an extremely promising opportunity.
The lot will be brought to auction by Auction House South Yorkshire on 25th May 2023 with a Guide Price of £150,000.
This property has suffered extensive fire damage, and so is available with permission for its demolition and the construction of a single dwelling in its place. The scaffolding that is currently in situ will be included in the sale of the building.
Properties on the same road currently command an average sale price of £205,000.
Sitting just over fifteen minutes’ drive from the centre of Nottingham, the lot is located within a short walk of Bulwell train station and Highbury Hospital – with schools, parks and grocery shops nearby.
The lot will be brought to auction by Barnard Marcus Auctions on 23rd May 2023 with a Guide Price of £50,000.
Consisting of a good-sized plot that is currently taken up by six garages, this lot is available with permission already in place for their demolition and the construction of a detached 3-bed dwelling with garage.
Drawings are available upon request from the auctioneer.
Fifteen minutes’ drive outside of Wisbech (Cambridgeshire), with schools, pubs, eateries and woodland walks nearby, this property would make the perfect project for new-build specialists of all kinds.
The lot will be brought to auction by McHugh & Co Auctions on 23rd May 2023 with a Guide Price of £20,000.
A very well-positioned parcel of land in the Bedminster area (in Bristol), this lot comes with planning permission for the construction of a detached 2-bed property.
Available with extended 8 week completion, the plot sits just three minutes’ walk from Parson Street station, around the corner from the town’s West Street – which provides many amenities, including convenience stores, retails outlets and eateries.
Nearby, there are also schools and green spaces, such as the lovely South Street park.
The lot will be brought to auction by Hollis Morgan Auctions on 17th May 2023 with a Guide Price of £99,000.
Currently occupied by a detached garage, this lot is available with planning permission for the demolition of this structure and the construction of a detached 3-bed property with garage.
The property’s location is superb, situated as it is on a quiet cul-de-sac in a desirable neighbourhood of Weston-Super-Mare. Junction 21 of the M5 can be reached within two minutes, and Worle station is just 15 minutes’ walk away.
The area benefits from plenty of amenities, including schools, supermarkets, the North Worle Shopping Centre and much more.
The lot will be brought to auction by David Plaister Auctions on 25th May 2023 with a Guide Price of £95,000.
This single storey garage represents an exciting opportunity for the development of a much-sought-after studio apartment in the desirable London borough of Edmonton.
With planning permission already in place for the conversion, and potential for further consents to be granted, the return on this investment promises to be significant.
Edmonton Green rail and tube station sits just over ten minutes’ walk away, and local beauty spots can be found nearby – including the William Girling Reservoir and Jubilee Park. With quick access to schools, and the many amenities of Hertford Road, this is an opportunity that is not to be missed.
The lot will be brought to auction by Auction House London on 24th May 2023 with a Guide Price of £40,000.
Located in a very pleasant neighbourhood on the Isle of Wight, and ready for construction to start, this plot of land offers a superb return on investment.
Planning permission is already in place for the development of a detached 2-bed bungalow – a much-in-demand property type in this area. The new property would potentially include a garden and off-road parking
Benefitting form a highly convenient position – less than ten minutes’ walk from Newport’s main shopping district and the town’s bus station – the local area also features schools, eateries and easy access to green spaces such as Pan Country Park.
The lot will be brought to auction by Town & Country Auctions on 31st May 2023 with a Guide Price of £75,000.
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