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

Whether you’re seeking an asset that will provide an excellent return on investment, or you’re simply on the lookout for an affordable family home, property auctions represent an excellent source.

Below, we’ve selected a range of lots from across the UK that are all available at auction with guide prices of £50,000 or below throughout the month of May 2023. Read on to discover some superb opportunities.

3 Bed Semi-Detached House, Kilmarnock

(For Sale with Auction House Scotland)

3 Bed Semi-Detached House in Kilmarnock - For Sale with Auction House Scotland with a Guide Price of £45,000 (May 2023)

This is a good-sized property in a superb position on the corner of Dumgoyne Road and Campsie Road in Kilmarnock. The lot requires significant renovation work, but offers huge potential. There is no specific information available about the layout of the home, but it includes three good-sized bedrooms, front and rear gardens and a driveway with detached garage.

Glasgow Prestwick Airport sits less than 15 minutes’ drive away, and Prestwick and Ayr beaches are both accessible within half an hour.

The Mosshead Road bus stop is only three minutes’ walk from the property, and provides links to the centre of Kilmarnock in under 30 minutes.

Bellfied Interchange – five minutes’ drive away – connects the quiet neighbourhood to the A71, A76 and A77.

The lot will be brought to auction by Auction House Scotland on 18th May 2023 with a Guide Price of £45,000.

2 Bed Terraced House, Seaham

(For Sale with Auction House North East)

2 Bed Terraced House in Seaham - For Sale with Auction House North East with a Guide Price of £35,000 - £45,000 (May 2023)

Just ten minutes’ drive from the centre of Seaham and the Durham Heritage Coast, this characterful terraced property is available in move-in ready condition.

Comprised of an open plan living/kitchen/diner to the ground floor and two bedrooms and a modern bathroom to the first floor, the lot also features a large paved forecourt and an attractive garden to the rear with patio and excellent views.

Less than fifteen minutes’ drive from Dalton Park Outlet Shopping Destination, the lot sits only seven minutes’ drive from Seaham train station and benefits from a range of amenities in the nearby town, including parks, schools, shops and hospitality venues.

The property seller brought to auction by Auction House North East on 23rd May 2023 with a Guide Price of £35,000 – £45,000.

2 Bed Detached House, Beckermet

(For Sale with Auction House Cumbria)

2 Bed Detached House in Beckermet - For Sale with Auction House Cumbria with a Guide Price of £45,000 (May 2023)

A sizeable property requiring full renovation works, this lot sits less than ten minutes’ drive from the Cumberland coast (Cumbria).

Planning consent has been granted for conversion into accommodation with the following layout: a living room, kitchen/diner, snug, utility room and WC to the ground floor, and three bedrooms and a family bathroom to the first floor.

The lot also benefits from a rear garden, over which a neighbouring property retains right of way.

The building is positioned just over five minutes’ walk from the heart of Beckermet, a lovely Cumbrian village with pubs, parks and schools. The small seaside resort of Seascale is less than 15 minutes’ drive away and provides access to the Sellafield power plant and visitor’s centre, along with numerous shops and additional amenities.

The lot will be brought to auction by Auction House Cumbria on 25th May 2023 for a Guide Price of £45,000.

3 Bed Semi-Detached House, Hull

(For Sale with Allsop Property Auctions)

3 Bed Semi-Detached House in Hull - For Sale with Allsop Property Auctions with a Guide Price of £30,000 (May 2023)

Benefitting from front and rear gardens, including a forecourt/driveway and detached garage, this property requires some modernisation and features a very spacious dining room and large separate kitchen along with a living room and good-sized hallway to the ground floor. To the first floor, there are three generous bedrooms and a family bathroom.

The property sits on the quiet and attractive Marton Grove, adjoining The Quadrant halfway between Cottingham and Hull. The latter is accessible in under fifteen minutes by car, while Cottingham train station can be reached in just seven minutes.

The nearby King George V Playing Fields offer ample green space, the University of Hull’s main campus lies minutes up the road and the area is excellent for schools and other key amenities.

The lot will be brought to auction by Allsop Property Auctions on 11th May 2023 with a Guide Price of £30,000.

3 Bed Semi-Detached House, Manchester

(For Sale with Savills Auctions)

3 Bed Semi-Detached House in Manchester - For Sale with Savills Auctions with a Guide Price of £50,000 (May 2023)

Located less than 20 minutes’ drive from Manchester city centre, this attractive semi-detached property features a paved forecourt with off-street parking, along with a rear garden.

The ground floor is comprised of a reception room with bay window and a kitchen/diner. To the first floor, there are three bedrooms and a bathroom. While the lot requires modernisation, it is very well-positioned, with Ryder Brow train station, Nutsford Park and Greenbank Playing Fields around ten minutes’ walk away – and the amenities of Levenshulme accessible within fifteen minutes.

Residents will also enjoy the “Secret Lake”, which can be reached in fifteen minutes on foot. Gorton Primary School is just an eight minute walk from the property.

The lot will be brought to auction by Savills Auctions on 10th May with a Guide Price of £50,000.

3 Bed Terraced House, Sheffield

(For Sale with Auction House South Yorkshire)

3 Bed Terraced House in Sheffield - For Sale with Auction House South Yorkshire with a minimum opening bid of £50,000 (May 2023)

Currently tenanted and thus providing a guaranteed rental income until at least 2027, this terraced property generates an income of £375 per month.

With a living room, kitchen and separate dining room to the ground floor, and three double bedrooms and a bathroom to the first floor, the lot includes a rear yard.

Just three minutes’ walk from the green spaces of Wensley Park (Sheffield), the property sits just minutes from the meeting of Rushby Street and Owler Lane, which play host to amenities such as schools, shops and eateries. Wensley Market is just three minutes away on foot, while Northern General Hospital is close at hand – reachable in ten minutes by car.

Residents will be able to drive to the Meadowhall Shopping Centre and train station in just over ten minutes, too.

The lot will be brought to auction by Auction House South Yorkshire on 15th-16th May 2023 with a minimum opening bid of £50,000.

3 Bed Terraced House, Lincoln

(For Sale with Taylor James Auctions)

3 Bed Terraced House in Lincoln - For Sale with Taylor James Auctions with a Guide Price of £40,000 (May 2023)

Ten minutes’ walk from the centre of the beautiful Tattershall village in East Lindsey near the Lincolnshire Wolds, this terraced property features a kitchen/diner to its ground floor and three good-sized bedrooms and a bathroom to its first floor. The lot includes a small front garden and a larger rear garden, and there is assigned residents’ parking.

A full programme of renovation is required throughout.

With the Tattershall Castle National Trust property accessible within just two minutes by car, the centre of the historic city of Lincoln can be reached in 45 minutes. The seaside destinations of Wainfleet Sand and Skegness also sit 40 minutes away.

The lot will be brought to auction by Taylor James Auctions on 10th May with a Guide Price of £40,000.

1 Bed Post Office with Conversion Potential, Grantham

(For Sale with I Am Sold Auctions)

1 Bed Post Office with Conversion Potential in Grantham - For Sale with I Am Sold Auctions with a starting bid of £50,000 (May 2023)

This lot represents a rare opportunity to renovate a former Post Office in a superb location on Barrowby’s High Road.

Less than ten minutes’ drive from Grantham town centre, with amenities including supermarkets, a train station, schools, pubs and eateries and Grantham and District Hospital, the lot is currently listed as a commercial property, but has significant capacity for a change of use and development into a family home, dependent on consent.

Currently comprised of a shop floor and office to the ground floor, with two store rooms and a WC to the first floor, the building also benefits from a rear yard.

The lot will be taken to auction by I Am Sold (modern method) Auctions on 8th May 2023 with a starting bid of £50,000.

3 Bed Terraced House, Stourport-on-Severn

(For Sale with Bond Wolfe Auctions)

3 Bed Terraced House in Stourport-on-Severn - For Sale with Bond Wolfe Auctions with a Guide Price of £35,000 (May 2023)

A very appealing terraced lot, set back from quiet Linden Avenue and benefitting from spacious front and rear gardens, this property features two interconnected reception rooms and a kitchen to its ground floor and three good-sized bedrooms and a family bathroom to its first floor.

The attractive Worcestershire town of Stourport-on-Severn is just a five minute drive away, and offers plenty of amenities – from shops and hospitality venues to the Treasure Island amusement park and the beautiful canal, which is busy with colourful narrowboats.

The lot will be brought to auction by Bond Wolfe Auctions on 18th May 2023 with a Guide Price of £35,000.

3 Bed Terraced House, Tonypandy

(For Sale with Paul Fosh Auctions)

3 Bed Terraced House in Tonypandy - For Sale with Paul Fosh Auctions with a Guide Price of £35,000 (May 2023)

This pretty property in the town of Tonypandy (South Wales), nestled in the Rhondda Fawr Valley, requires renovation but offers an excellent return on investment. Sitting on Dunraven Street, which offers plenty of amenities, including shops and eateries, the lot is comprised of a lounge/diner, a kitchen and a lean-to “sun room” to the ground floor and three bedrooms and a bathroom to the first floor.

It also benefits from both front and rear gardens.

Tonypandy train station can be reached in less than ten minutes on foot, and Ysbyty Cwm Rhondda Hospital is just over five minutes’ drive away. Residents can drive to the beautiful Clydach Vale Country Park in under five minutes, while Swansea city centre is accessible within an hour.

The lot will be brough to auction by Paul Fosh Auctions from 16th – 18th May 2023 with a Guide Price of £35,000.