Cheapest Auction Properties of the Month – September

Whether you’re seeking out a highly affordable fixer-upper with tons of potential or you’re an investor looking to maximise your ROI, this handy guide will reveal to you some of the cheapest auction properties on sale throughout the next few weeks.

End Terrace Property – Rotheram

(For Sale with Auction House South Yorkshire)

This attractive 2-3 bed home overlooking a golf course is available for a mere fraction of the value of its neighbouring properties. While it could do with some renovation and a little updating, it has huge amounts of potential and will make an extremely worthwhile investment.

Be warned: this property is likely to command a healthy number of bids come its auction date of 26th – 27th September.

On sale via Auction House South Yorkshire, the property features a minimum opening bid of £18,000.

Fire Damaged Mid-Terrace – Doncaster

(For Sale with Auction House South Yorkshire)

While the reason behind the staggeringly low guide price of this mid-terrace property – just £5,000, is abundantly clear, it may prove an unbeatable investment for anyone willing to take a risk.

The available images of the three floor home – available via Auction House South Yorkshire between Monday 10th October and Tuesday 11th October – reveal a good amount of outdoor space to the rear, along with an outbuilding. 

Positioned in a desirable spot near to schools, retail outlets and transport links, this property has been heavily fire damaged and the amount of remedial structural work required is as yet unclear. 

However, it may well be possible to transform the building and increase its value many times over.

2 Bed Moveable Prefab – Kent

(For Sale with Clive Emson Auctions)

This unique property, presented by Clive Emson, is currently awaiting an auction date.

With a guide price of £30,000, this compact but beautifully appointed home up for auction in Kent is currently located at Gable Hook Farm in Bethersden – but can be moved!

Ideal for a buyer wishing to escape the everyday and do something adventurous and unexpected, this property features two bedrooms with ensuites as well as an attractive open plan kitchen diner.

Basement with Planning Permission – Harold Road, London

(For Sale with Savills Auctions)

Slightly pricier than some of the other lots on this list – but still an absolute steal when one considers its location – the basement of a highly attractive property is being sold along with planning permission by which it may be transformed into two highly desirable studio flats.

The building is located just over half a mile from the Gipsy Hill and Crystal Palace stations in London SE19.

Brought to auction by Savills on 4th October 2022, with a guide price of £35,000, the considerable potential of this asset will undoubtedly render it highly sought-after.

Commercial Property – Rochdale

(For Sale with Property Solvers Auctions)

A highly promising opportunity for any business-owner seeking affordable premises with huge potential, this commercial property is available with a guide price of just £25,000. It presents a real opportunity to add significant value.

The freehold lot is to be auctioned by Property Solvers Manchester on 5th October 2022, when the lucky winning bidder will take possession of an exciting freehold building located in an area of heavy footfall, near to schools, businesses and other retail outlets.