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.
If you’re looking for a new property investment, we have found some of Scotland’s best residential and commercial properties. These properties are being sold by auction in May 2024.
Nestled in the heart of the Lake District National Park, this detached property offers a prime location, within walking distance of Windermere and Bowness’s popular amenities. Ideal for families, the property features planning permission for a significant extension, enhancing its value substantially.
The interior boasts charming original features across three reception rooms and five bedrooms, ensuring comfortable living. Outside, a generous garden, off-street parking, driveway, lawned garden, and gravelled seating area provide ample outdoor space. Additionally, two outbuildings offer further potential. Planning permission has been granted for a substantial ground floor extension, a new porch, dormer windows for extra bedrooms, and a double garage.
iamsold, a modern auctioneer, will bring the lot to auction on 17th May 2024 with a Starting Bid of £60,000.
Nestled in the heart of Oban, this top-floor flat on Albany Terrace awaits transformation, offering a unique blend of traditional charm and modernisation potential. Featuring four generously sized rooms, a spacious bathroom, and panoramic views towards the Sound of Kerrera, this property presents an exciting opportunity for a total refurbishment, ideal for crafting a bespoke home or a rental property.
In the heart of Oban’s vibrant community, enriched by its rich amenities and stunning landscapes, the flat is located amidst a wide range of shops, restaurants, leisure facilities, and professional services. This area also boasts primary and high schools, a leisure/sports centre, and a general hospital, alongside various churches. Oban’s bustling harbour offers excellent transport links to Scotland’s central belt via road and rail, and the nearby North Connel airport caters to diverse travel needs.
The lot will be taken to auction by Property Solvers Online Auctions on 14th May 2024 with a Guide Price of £100,000.
This sought-after three-bedroom semi-detached family home presents a prime opportunity for modernisation. Boasting an entrance hallway, a downstairs bathroom, a spacious lounge/dining area, a fitted kitchen, and three generously sized bedrooms on the upper level, it offers ample space for comfortable living. Additional features include gardens both to the front and rear.
Conveniently situated, the villa enjoys proximity to various local amenities, including shopping and leisure facilities. Excellent public transport links connect it to Glasgow and surrounding areas, with Bishopbriggs train station providing mainline railway access. Families will find convenience in the vicinity of primary and secondary schools. Located approximately 5 miles from Glasgow city centre, the property ensures easy commuting, with the nearby M80 facilitating access to Stirling and Edinburgh.
The lot will be taken to auction by iamsold on 24th May 2024 with a Starting Bid of £170,000.
This is a vacant one-bedroom flat that is centrally located in Greenock. With a previous rental income of £450pcm, this property offers a remarkable yield of 12% at the guide price, making it an excellent buy-to-let investment opportunity. This one-bedroom attic flat is conveniently situated near local amenities. The flat comprises a living room, kitchen, bedroom, and shower room.
Previously rented at £450pcm, providing an impressive 12% yield at the guide price, this property promises a low-cost investment with a healthy ROI. It also serves as a perfect starter flat for a first-time buyer. Greenock serves as the administrative centre of Inverclyde. The property’s proximity to Greenock town centre and railway stations ensures excellent connectivity to Glasgow Cand beyond. Local shops, supermarkets, and recreational amenities are within easy reach, making this flat an attractive investment or living option.
The lot will be taken to auction by Online Property Auctions Scotland on 16th May 2024 with a Guide Price of £45,000.
This spacious three/four-bedroom mid-terraced traditional house is situated in central Ayr near the beach esplanade and this property offers ample potential. Spread over two levels, the accommodation includes an entrance vestibule, hallway, spacious front-facing lounge with bay windows, a versatile sitting room/optional fourth bedroom, and a rear extension featuring a large kitchen/dining room and shower room. Upstairs, three double bedrooms and a modern family bathroom await.
Additional features include a fully floored attic space, offering potential for further development subject to planning permissions, and a rear garden area. Although requiring upgrading, this property presents an opportunity for increased value. The prime location and potential for enhancement make it an attractive prospect for investors seeking rental income or a business venture, while also appealing to owner-occupiers envisioning a remarkable family home.
The lot will be taken to the auction by Auction House Scotland on the 13th of May 2024 with a Guide Price of £150,000
Offering a prime town centre development property, this commercial space is located in Annan. The property benefits from planning consent granted in 2023, allowing for a change of use from the current first-floor office suite to three self-contained flats across the first and second floors.
The proposed layout includes a two-bedroom flat, a one-bedroom flat on the first floor, and a two-bedroom flat on the second floor. This presents an excellent opportunity for developers or investors seeking to capitalise on the demand for residential properties in a central location. With planning already in place, this property offers a streamlined path towards realizing its potential as an attractive living space.
Auction House Cumbria will bring the lot to auction on 30th May 2024 with a Guide Price of £45-55,000.
An extraordinary opportunity, this is a former restaurant with a self-contained flat. Located on Main Street in Balintore, the ground floor features a lounge/restaurant, kitchen, bar area, office, and multiple toilets, while the first floor houses a self-contained flat boasting four bedrooms, two bathrooms, a kitchen, and living space. Though in need of refurbishment, this property presents an exceptional chance to enhance its value in this prime location and could offer both a commercial and residential venture.
Situated on the main street in Balintore, Scotland, the property offers breathtaking coastal views and a welcoming community. A serene escape amidst the stunning landscapes of the Scottish Highlands, this could be used for a wealth of purposes.
The lot will be taken to auction by Auction House Scotland on 27th May 2024 with a Guide Price of £195,000.
This is a fantastic opportunity to acquire a ground-floor commercial unit with planning consent to convert it into a residential studio apartment. Situated on the picturesque Isle of Bute, this property offers low-cost potential for a buy-to-let or holiday-let investment in Rothesay.
The main building work has been completed, requiring only the final finishing touches. Situated in the Firth of Clyde off the West Coast of Scotland, Bute offers outstanding natural beauty and easy accessibility via regular ferry services from Glasgow and the Argyll peninsula. The island hosts a variety of activities, festivals, and niche businesses, attracting both visitors and residents.
Online Property Auctions Scotland will bring the property to auction on 16th May 2024 with a Guide Price of £12,000.
This sizable vacant commercial unit is strategically positioned in the heart of Greenock’s bustling town centre. The anticipated end-market rental potential translates to an exceptional yield of 19.5% based on the guide price. The property also presents an opportunity for converting the upper floors into residential dwellings, subject to planning permission.
Located on a vibrant street near the Oak Mall shopping centre, the unit enjoys significant foot traffic. Spread across three floors, there is proximity to Glasgow, and demand for both residential and commercial properties remains high in the area.
Online Property Auctions Scotland will bring the lot to auction on 16th May 2024 with a Guide Price of £205,000.
Presenting a period two-storey mid-terrace property, this building boasts a former ground-floor banking hall and first-floor offices/ancillary accommodation. Situated in Dumfries, this property enjoys a strategic location on the Solway Firth.
Dumfries benefits from excellent road connections. Additionally, Dumfries railway station offers services operated by ScotRail to Glasgow Central and Carlisle, ensuring convenient transportation options for residents and businesses alike. The property enjoys proximity to Dumfries’s primary retail thoroughfare, enhancing its commercial appeal.
Bidx1 Auctions will bring the lot to auction on 23rd May 2024 with a Guide Price of £110,000.
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