November Auction Property Deals of the Month – Scotland

Check out some of the best residential and commercial properties being sold by auction during November 2023 across Scotland that vary in terms of size, location and price.

Residential Auction Properties Scotland

2 Bed Flat, Kilwinning

(For Sale with Online Property Auctions Scotland)

2 Bed Flat in Kilwinning - For Sale with Online Property Auctions Scotland with a Guide Price of £29,000 (November 2023)

Situated in Kilwinning, this vacant two-bedroom flat is a low-cost investment that boasts significant potential. With an estimated rental value of around £450 per month, the property promises an impressive 18.6% yield at the guide price, making it a lucrative venture.

While internal modernisation is required, the highly discounted flat offers substantial value-adding possibilities. The property features an entrance hallway, lounge, two bedrooms, a kitchen, and a shower room. Conveniently located in Kilwinning town centre, near the train station, the property offers easy access to the A737, connecting to the M8 by Paisley. Surrounded by amenities, schools, and major towns, this investment promises both convenience and potential returns.

Online Property Auctions Scotland will bring the lot to auction on 30th November 2023 with a Guide Price of £29,000.

2 Flats, Newton Stewart

(For Sale with Online Property Auctions Scotland)

2 Flats in Newton Stewart - For Sale with Online Property Auctions Scotland with a Guide Price of £65,000 (November 2023)

An exceptional opportunity awaits in Newton Stewart in Wigtownshire, the chance to acquire an entire building converted into two flats is now available for purchase. This property offers the exciting prospect of transforming the two flats into a single house, pending the approval of planning consents. Anticipated end-market rents for both flats stand at approximately £610 per month, highlighting this as a great buy to let.

A rare find in a sought-after Wigtownshire location, the ground floor flat features a lounge/kitchen, one bedroom, and a shower room with a toilet, accompanied by a private rear garden. The first-floor flat comprises a landing, lounge, one bedroom, kitchen, and bathroom with a toilet. This property, under one title, presents an excellent investment opportunity or a unique development potential for conversion into a house.

The lot will be taken to auction by Online Property Auctions Scotland on 30th November 2023 with a Guide Price of £65,000.

Cottage Renovation Project, Banff

(For Sale with Online Property Auctions Scotland)

Cottage Renovation Project in Banff - For Sale with Online Property Auctions Scotland with a Guide Price of £45,000 (November 2023)

This uniquely crafted cottage renovation project offers unique features such as a Boeing 737 Kitchen and windows with stainless steel clouds. Earning a spot on the shortlist for BBC Scotland’s Home of the Year 2024 series, this cottage renovation project is a rare gem that offers a main open-plan living space. A spiral staircase leads to a walk-in sleeper loft, currently furnished with a super king-size bed. Beneath the loft, discover a bathroom and an adjacent room with the potential for conversion into a charming bunk room.

This property presents an exciting renovation opportunity, allowing for an extension from the eaves to a walk-out dormer and a small walled courtyard. Additionally, an adjacent empty lot with permission for 3 beds/3 bathrooms adds further potential to this creatively inspired project. An interesting unique project for an investor in the area of Banff.

The lot will be taken to auction by Online Property Auctions Scotland on 30th November 2023 with a Guide Price of £45,000.

Ground Floor Flat, Glasgow

(For Sale with Barnard Marcus Auctions)

Ground Floor Flat in Glasgow - For Sale with Barnard Marcus Auctions on 22nd November 2023 with a Guide Price of £45,000 (November 2023)

This ground-floor flat needs refurbishment and is an ideal offering for a prospective buyer. Situated on Woodlands Court, just off Dumbarton Road (A814), this property is located in Old Kilpatrick, providing access to village amenities. For a broader range of shops, bars, and restaurants, Glasgow City Centre is conveniently situated to the southeast. Kilpatrick Train Station to the north and Dalmuir Train Station to the southeast, along with local bus services, offer accessible public transport links.

The accommodation features one bedroom, a reception room, a kitchen (not fitted), and a bathroom/WC (not fitted), presenting an ideal opportunity for a refurbishment project in a well-connected location.

The lot will be taken to auction by Barnard Marcus Auctions on 22nd November 2023 with a Guide Price of £45,000.

3 Bed Semi-Detached Property, Aberdeen

(For Sale with Auction House Scotland)

3 Bed Semi-Detached House in Scotland - For Sale with Auction House Scotland with a Guide Price of £210,000 (November 2023)

Presenting a modern, three-bedroom semi-detached property in the sought-after Countesswells Development, Aberdeen, the ground floor boasts a living room, kitchen, dining area, w/c, and laundry space. Upstairs, three double bedrooms await, one featuring an en-suite and walk-in wardrobe, along with a family bathroom. The property’s allure is enhanced by a spacious front and back garden, a summer house, and a driveway.

This property is a versatile investment, appealing to both owner-occupiers and buy-to-let landlords. Similar properties in the area have commanded agreed prices of £1500PCM, offering an enticing 8.5% yield if acquired at auction. Countesswells, a burgeoning residential area, provides excellent connectivity to Aberdeen City and the airport.

The lot will be taken to the auction by Auction House Scotland on the 20th of November 2023 with a Guide Price of £210,000.

Commercial Auction Properties – Scotland

2 Storey Commercial Property, Kirkcaldy

(For Sale with Online Property Auctions Scotland)

2 Storey Commercial Property in Kirkcaldy - For Sale with Online Property Auctions Scotland with a Guide Price of £150,000 (November 2023)

A significant commercial opportunity, this two-storey and attic mid-terraced building is strategically positioned in the prime retail hub of Kirkcaldy’s high street, ideal for commercial investors. The ground floor currently hosts a barber shop, while the first floor features a spacious hair salon with kitchen and toilet facilities. The attic area, currently serving as staff accommodation, can be transformed into a residential apartment, subject to planning.

This substantial commercial building, central to Kirkcaldy’s bustling town centre, holds promising potential.  Notably, Kirkcaldy train station is conveniently located a mere 10-minute walk from the property, adding to its accessibility and appeal.

The lot will be taken to auction by Online Property Auctions Scotland on 30th November 2023 with a Guide Price of £150,000.

Commercial Unit with Planning, Wick

(For Sale with Online Property Auctions Scotland)

Commercial Unit with Planning - For Sale with Online Property Auctions Scotland with a Guide Price of £22,000 (November 2023)

This vacant commercial unit offers a prime development opportunity. With approved planning permission for conversion into a one-bedroom flat, this is a versatile property with plenty of possibilities for investors. Alternatively, the unit can be retained as a retail space, catering to an owner-occupier or serving as a lucrative rental property.

Comprising a main sales floor and a separate w/c, the current layout of the property provides flexibility. The proposed one-bedroom flat design encompasses a main living/kitchen area, a shower room, and a sleeping area to the rear. This property, with its adaptable nature, presents an exciting opportunity for various uses, including the potential for holiday lettings.

Online Property Auctions Scotland will bring the property to auction on 30th November 2023 with a Guide Price of £22,000.

Retail Property, Shotts

(For Sale with SDL Property Auctions)

Retail Property in Shotts - For Sale with SDL Property Auctions with a Guide Price of £50-60,000 (November 2023)

Presenting a former stove and fireplace showroom in Shotts, this property enjoys a prominent location and is available with vacant possession. Originally two units, the potential for redevelopment into residential dwellings is possible pending planning approval.

Main Street provides convenient access to local amenities and diverse transport links, including bus, rail, and road. The M8 motorway network is easily reached from the property. Shotts is situated almost equidistant between Glasgow (17 miles) and Edinburgh (26 miles) and is in a rising demand for rental accommodations in the property’s vicinity.

The lot will be brought to auction by SDL Property Auctions on 30th November 2023 with a Guide Price of £50-60,000.

Former Farm, Ayr

(For Sale with Auction House Scotland)

Former Farm in Ayr - For Sale with Auction House Scotland with a Guide Price of £120,000 (November 2023)

Nestled in a semi-rural setting near Coylton, Laighpark Farm is within reach of local amenities in Coylton and a broader array in Ayr, just 5 miles away. Educational opportunities span from primary to secondary and further education and there are rail links in Ayr while the M77 facilitates road connections to Glasgow and beyond.

The substantial development plot encompasses around 2/3 acre and this former farm operation includes a derelict farmhouse, various outbuildings, former stables, and open grassland. Some outbuildings have been affected by fire damage. An ideal prospect for developers or investors, the plot presents an opportunity for alternative development, subject to consent.

The lot will be brought to auction by Auction House Scotland on 20th November 2023 with a Guide Price of £120,000.

3/4 Bed Residential with Commercial Premises, Newton Stewart

(For Sale with Online Property Auctions Scotland)

4 Bed Residential with Commercial Premises in Newton Stewart - For Sale with Online Property Auctions Scotland with a Guide Price of £120,000 (November 2023)

This quirky 3/4 bedroom residential property and commercial premises is strategically positioned on the corner of the main road in Newton Stewart. Ready for immediate occupancy, this property encompasses commercial space, offering an excellent prospect for a combined business and home setup.

This distinctive property is located at the junction of Newton Stewart’s main road, featuring a residential home and a commercial property below. Originally serving as living quarters above an ice cream shop, the spaces were separated into distinct entities in the early 2000s. Abundant supermarkets, shops, and schools enhance the property’s convenience and potential.

The lot will be brought to auction by Online Property Auctions Scotland on 16th November 2023 with a Guide Price of £120,000.