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

If you are seeking highly affordable property to renovate, “flip” or let out as a rental home after improving and upgrading, the UK auction market is invariably an excellent place to look.

Here, we’ll explore ten auction properties from across the UK that feature guide prices of less than £50,000.

Three Bed Terraced House – Birmingham

(For Sale with Bond Wolfe Auctions)

A cosy three bed property less than a mile from Water Orton station and less than half a mile from a number of schools and amenities, this freehold property features attractive outdoor spaces to the front and back.

The home has a guide price of £39,000 and will be sold at auction by Bond Wolfe Auctions on 27th October 2022.

One Bed Flat with Tenant in Situ – Weymouth

(For Sale with Fox & Sons Auctions)

This is a single bed studio apartment situated in a highly attractive location, a very short distance from Weymouth Beach (in Dorset). The auctioneers highly recommend that interested parties arrange a viewing of the leasehold property before placing their bid.

With a guide price of £35,000, and available via modern method auction, this lot does not currently display a date on which bidding is to close.

Two Bed Terraced House – Darwen

(For Sale with Barnard Marcus Auctions)

A very attractive traditional Lancashire stone terraced home with two bedrooms, one bathroom, a reception room and a rear yard, this lovely home is situated within less than a five minute walk of Darwen station.

Located close to a range of amenities, the property will be brought to auction by Barnard Marcus on 19th October with a guide price of £45,000.

Residential Development / Commercial Opportunity – Sudbury

(For Sale with Auction House East Anglia Auctions)

A particularly unusual property is available from Auction House East Anglia – this freehold building is a former public toilet block, with female, male and disabled toilets, along with a supply closet, all still in situ.

The property enjoys a highly accessible prime location in the heart of Sudbury, and will be sold at auction with a Guide Price of £20,000 on 26th October 2022.

Two Bed Semi-Detached – Middlesbrough

(For Sale with Bond Wolfe Auctions)

This property has the lowest guide price on our list – possibly because it is in need of renovation, and interior inspection has not been possible. Indeed, internal viewings are not currently available.

A 2-bed semi-detached property less than half a mile from local schools, and with gardens front and back, this property has a guide price of just £5,000 and will be brought to auction by Bond Wolfe on 27th October 2022.

One Bed Ground Floor Flat – Porth

(For Sale with Auction House South Wales)

A compact home with a lease of 999 years, this property promises to be highly affordable but does require an amount of upgrading. While there is Japanese knotweed in the vicinity (making the property effectively unmortgageable), an eradication scheme is in place to remove it.

The property will be sold at auction by Auction House South Wales on 19th October 2022 with a guide price of £25,000.

Three Bed Terraced House – Gainsborough

(For Sale with Taylor James Auctions)

This terraced property features two first floor bedrooms and an attic room, as well as a rear yard and two reception rooms. It is located just a two minute drive from Gainsborough Lea Road station (Lincolnshire, East Midlands).

The home requires some updating, but is situated close to a number of schools, plenty of green space and numerous eateries and shops.

It will be sold at auction by Taylor James auctions with a guide price of just £5,000 on 19th October 2022.

Holiday Property – Colchester

(For Sale with Abbotts Auctions)

This attractive two-bedroom property boasts a generous amount of outdoor space along with sheds and raised decking.

It is worth noting that residency is only for 11 months of the year, as the property is located in a holiday park. However, the 25 acre Great Bentley Country Park in which the lot is set is a highly desirable location.

This property will be sold at auction by Abbots via the modern method, with a guide price of £35,000, and there is currently no indication of the closing date of bidding.

Three Bed End-Terrace House – Doncaster

(For Sale with Barnard Marcus Auctions)

Located within plenty of green space, with the Crookhill Park Golf Course very nearby, this end-terrace property is in an excellent spot. Schools, shops and eateries are all easily within walking distance.

The home is in need of some renovation and is currently let on a tenancy agreement at a rent of £550 pcm.

This property will be brought to auction by Barnard Marcus on 19th October with a guide price of £36,500.

One Bed Bungalow – Cornwall

(For Sale with Auction House London)

Just a ten minute drive from Tehidy Country Park and right around the corner from a range of excellent amenities, this single storey one bedroom property would make an idyllic residence for any lucky buyer.

While it is in need of some modernisation, the home features a lovely outdoor space with a greenhouse and is situated less than fifteen minutes from the seaside. It will be sold at auction by Auction House London on 26th October with a guide price of just £25,000.