Cheapest Auction Properties of the Month – September

Auctions are some of the best places to track down highly affordable properties – whether you’re an investor or house hunter. Lots with the lowest Guide Prices are likely to require renovation, but if you’re looking for a project with an excellent return on investment, they are likely to be ideal for your purposes.

Here, we have selected a number of the cheapest properties available on the UK auction market throughout September 2023. While their Guide Prices are subject to change throughout the bidding process, the below will give you a clear idea of some of the excellent deals you may be able to find.

End Terrace Property, Dumbarton

(For Sale with Shepherd Commercial Property Auctions)

End Terrace Property in Dumbarton - For Sale with Shepherd Commercial Property Auctions with a Guide Price of £10,000 (September 2023)

A unique property requiring extensive renovation, this lot is ideal for a buyer seeking a project that offers something a little different and promises a superb return on investment.

With a Gross Internal Area of 1,232 square feet, this lot is exceptionally well-positioned for all of the amenities of the Dumbarton town centre. Dumbarton Central station is only seven minutes’ walk away, providing access to Glasgow in just over half an hour.

Located close to both St James Retail Park and the Artizan Shopping Centre, future residents of this property will be able to enjoy plenty of local conveniences easily.

The lot will be brought to auction by Shepherd Commercial Property Auctions on 7th September 2023 with a Guide Price of £30,000.

2 Bed Terraced House, Newcastle upon Tyne

(For Sale with Bond Wolfe Property Auctions)

2 Bed Terraced House in Newcastle upon Tyne - For Sale with Bond Wolfe Property Auctions with a Guide Price of £19,000 (September 2023)

Located less than 30 minutes from Newcastle city centre, this mid-terrace property features a living room, kitchen and downstairs WC to the ground floor, as well as two bedrooms to the first floor. There is also a rear yard. The lot appears to be in move-in ready condition, although it may benefit from a little modernisation.

Less than 10 minutes’ drive from the beautiful Chopwell Woodland Park and Chopwell Meadows, the property is very well-situated for schools, as well as local pubs and eateries.

The property will be brought to auction by Bond Wolfe Property Auctions on 14th September 2023 with a Guide Price of £19,000.

2 Bed End Terrace House, Blackpool

(For Sale with Auction House South Yorkshire)

2 Bed End Terrace House in Blackpool - For Sale with Auction House South Yorkshire with a Guide Price of £20,000 (September 2023)

Stripped back to the brick in many rooms, this end-terrace property offers a huge amount of potential. Featuring a bay-fronted living room, kitchen and separate dining room to the ground floor, as well as two bedrooms and a bathroom to the first floor, the lot also includes a good amount of external space – with a driveway and foregarden along with a good-sized rear garden.

As a result, there may be scope for extension, depending on local consents.

Less than 10 minutes by car from the centre of Blackpool and under five minutes from Blackpool South train station, future residents of this property will enjoy swift access to all of the amenities of this popular seafront town, including cafés, restaurants, bars and schools. Blackpool Pleasure Beach is just 20 minutes away on foot.

The property will be brought to auction by Auction House South Yorkshire on 4th-5th September 2023 with a Guide Price of £20,000.

Terraced House, Rotherham

(For Sale with Pugh Property Auctions)

Terraced House in Rotherham - For Sale with Pugh Property Auctions with a Guide Price of £25,000 (September 2023)

Less than 10 minutes’ walk from Goldthorpe train station, this property has had a range of uses over the years, including both residential and commercial.

Currently appointed to include a ground floor shop space, as well as a rear room and kitchen to the ground floor, two additional rooms and a bathroom to the first floor and an attic bedroom to the second floor, the lot has been affected by fire and requires renovation. Its EPC rating is yet to be advised.

Its diverse history suggests suitability to a number of purposes, depending on consents. Thanks to its High Street location, the property offers quick access to plenty of shops, eateries and pubs. The centres of Doncaster, Rotherham and Barnsley can all be reached by car in less than 30 minutes.

The lot will be brought to auction by Pugh Property Auctions on 20th September 2023 with a Guide Price of £25,000.

4 Bed Semi-Detached House, Wallasey

(For Sale with Barnard Marcus Property Auctions)

4 Bed Semi-Detached House in Wallasey - For Sale with Barnard Marcus Property Auctions with a Guide Price of £30,000 (September 2023)

Featuring an impressive façade and very spacious rooms throughout, this property requires extensive renovation but promises a significant return on investment. Read more about the property investment process here.

With two bay-fronted reception rooms, a kitchen space and an additional room to the ground floor – which features a sweeping hallway from front to back – the property also includes at least three very generous bedrooms (two of which are also bay-fronted), a study/library/fourth bedroom and a bathroom space to the first floor. There are no fittings currently in place. The lot benefits from front and rear gardens.

Located just over five minutes’ walk from Victoria Central Hospital and less than 15 minutes’ drive from Liverpool city centre, the home also sits just three minutes from Birkenhead North railway station by car and eight minutes from Birkenhead’s Central Park on foot. The area is excellent for schools, pubs, cafés and more.

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

3 Bed End-Terrace House, Wisbech

(For Sale with McHugh & Co Property Auctions)

3 Bed End-Terrace House in Wisbech - For Sale with McHugh & Co Property Auctions with a Guide Price of £50,000 (September 2023)

Enjoying a lovely open vista across sweeping fields, this end-terrace property requires modernisation to bring it to its full potential. With a living room, kitchen, separate dining room and bathroom to the ground floor, the lot also features two good-sized bedrooms and a box room, all of which enjoy rural views.

The centre of Wisbech – and all of its town centre amenities – are accessible in just 20 minutes by car via School Road – a thoroughfare that features a number of pubs, eateries, shops and schools. Peterborough sits around 40 minutes away by car.

The property will be brought to auction by McHugh & Co Property Auctions on 14th September 2023 with a Guide Price of £50,000.

3 Bed Terrace House, Smethwick

(For Sale with Bond Wolfe Property Auctions)

3 Bed Terrace House in Smethwick - For Sale with Bond Wolfe Property Auctions with a Guide Price of £29,000 (September 2023)

With Smethwick Rolfe Street train station less than 10 minutes’ walk away, this terraced property is very well-connected. Requiring redecoration throughout, the lot features a reception room and kitchen/diner with pantry space to the ground floor, as well as three bedrooms and a bathroom to the first floor.

With good-sized front and rear gardens, there may be the potential for extension, subject to consents. The centre of Birmingham is just over 15 minutes’ drive away.

The lot will be brought to auction by Bind Wolfe Property Auctions on 14th September 2023 with a Guide Price of £29,000.

End-Terrace Property, Craven Arms

(For Sale with McHugh & Co Property Auctions)

End-Terrace Property in Craven Arms - For Sale with McHugh & Co Property Auctions with a Guide Price of £10,000 (September 2023)

This beautiful stone barn-style building is available in shell condition and offers huge potential to the right buyer. Planning permission should be sought prior to the property’s conversion. The lot also features land to the rear that would make a very attractive garden.

Positioned between Newcastle and Whitcott Keysett, just over 25 minutes’ drive from Craven Arms in Shropshire, the property is conveniently located just off the main local thoroughfare of Church Road.

The surrounding area is exceptionally attractive, benefitting from lush green surroundings and hillside views.

The lot will be brought to auction by McHugh & Co Property Auctions on 14th September with a Guide Price of £10,000.

3 Bed End-Terrace House, New Tredegar

(For Sale with McHugh & Co Property Auctions)

3 Bed End-Terrace House in New Tredegar - For Sale with McHugh & Co Property Auctions with a Guide Price of £30,000 (September 2023)

Centrally-located within the pretty former mining town of New Tredegar, this well-proportioned property requires modernisation and features a living room, kitchen, dining room and bathroom to its ground floor, as well as three bedrooms to its first floor.

The home also includes a pretty rear garden and its own garage – however, the star of the show is most definitely the breath-taking, unimpeded valley view on its doorstep.

Just five minutes’ walk from Tir-phil train station, which provides swift access to both Newport and Cardiff, the property also sits within easy reach of local cafés, pubs and shops.

The lot will be brought to auction by McHugh & Co Property Auctions on 14th September with a Guide Price of £30,000.

Corner Property, Ramsgate

(For Sale with Auction House London )

Corner Property in Ramsgate - For Sale with Auction House London with a Guide Price of £40,000 (September 2023)

A former commercial property that was previously used as a workshop, this good-sized property in Kent comes with a planning permission already submitted for the development of three dwellings – a one-bed property, a two-bed property and a three-bed property. A decision on this application is still pending.

Arranged over two storeys, the lot is well-placed. It sits just a few minutes from the popular thoroughfare that is Ramsgate’s Broad Street, on which can be found a number of hospitality venues and shops. Ramsgate train station is just a five minute drive away, and it’s just a 10 minute walk to the town’s string of sandy beaches.

The property will be brought to auction by Auction House London on 13th September 2023 with a Guide Price of £40,000.