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

Property may be bought and sold at auction for various amounts. However, it’s common for bidders to find lots with Guide Prices that are relatively low when compared against their estimated open market value.

Of course, Guide Prices rarely constitute a property’s final sale figure. However, they often provide a good indication of what this might be. In this article, we present a number of lots that are available for £50,000 or less across the UK this September.

4 Bed Terraced House, Saltburn-by-the-Sea

(For Sale with Auction House Lincolnshire)

A cheerful and well-proportioned property positioned just five minutes’ walk from East Cleveland Hospital in the beautiful village of Brotton, this lot requires renovation throughout – but will undoubtedly command an excellent return on investment.

Comprised of a sitting room, dining room, galley kitchen and storage/utility space to the ground floor, as well as three good-sized bedrooms and a family bathroom to the first floor – with a spacious attic room to the second floor – the lot also benefits from an attractive courtyard-style garden to the rear.

With the seafront at Saltburn-by-the-Sea just over five minutes from the property by car, the large town of Middlesbrough half an hour away, and the edge of the North York Moors National Park accessible in a little more that 10 minutes, the home is well-located and would make a dream project for the right buyer.

The lot will be brought to auction by Auction House Lincolnshire on 25th – 26th September 2023 with a Guide Price of £20,000 – £30,000.

2 Bed Terraced House, Morecambe

(For Sale with Allsop Property Auctions)

While no internal inspection has been undertaken on this property, its kerb appeal is undeniable. The auctioneer has been advised that the home is comprised of one room and a kitchen to the ground floor, as well as two rooms and a bathroom to the first floor. The lot also includes a rear yard and benefits from an excellent location.

Around five minutes’ walk from the seafront and Morecambe Beach, the property is well-placed on a quiet lane with quick access to a number of pubs, eateries and convenience stores. Morecambe train station is only 10 minutes’ walk away, the popular town of Lancaster is accessible in just over 15 minutes by car, and junction 34 of the M6 can be reached in around 10 minutes.

The lot will be brought to auction by Allsop Property Auctions on 27th – 28th September 2023 with a Guide Price of £50,000.

3 Bed Terraced House, Leeds

(For Sale with McHugh & Co Property Auctions)

Requiring cosmetic updates throughout, it will be an undoubtedly straightforward task to add value to this property. Comprised of a good-sized lounge, a separate dining room, a well-proportioned kitchen – complete with breakfast bar – and a WC to the ground floor, along with three spacious bedrooms and a family bathroom to the first floor, the lot also features a sizeable paved front yard and a rear garden.

In addition, the home includes a driveway, which provides off-road parking.

Positioned close to the open green spaces of Leeds‘ Roundhay Park, 20 minutes’ drive from the city centre, future residents of the property will benefit from its proximity to a number of local schools.

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

3 Bed End-Terrace House, Middleton

(For Sale with McHugh & Co Property Auctions)

Just over 15 minutes’ drive from the centre of Rochdale, seven minutes from Middleton by car and 25 minutes from Manchester city centre by public transport, this very appealing end-terrace property benefits from front and rear gardens, making it an excellent prospect for further development – such as extension – depending on consents.

With a living room, kitchen and utility room to the ground floor, as well as three bedrooms and a bathroom with separate WC to the first floor, the property requires modernisation.

Enjoying a superb position close to Truffet Park and a number of local schools, the lot will be brought to auction by McHugh & Co Property Auctions on 14th September 2023 with a Guide Price of £50,000.

3 Bed Terraced House, Worksop

(For Sale with McHugh & Co Property Auctions)

Requiring only minor cosmetic work to bring it to its full potential, this traditional terraced Nottinghamshire property is comprised of a living room, dining room, kitchen and bathroom with WC to its ground floor, along with three bedrooms to its first floor. There is also a small walled forecourt and a rear garden offering off road parking.

The lot sits just over five minutes’ drive from the centre of Worksop and its train station.  There are several schools in the immediate area, and a number of restaurants, bars and shops are accessible within 10 minutes’ walk on nearby Park Street. Nottingham is just under an hour’s drive away.

The lot would make an excellent purchase for a first time buyer, and will be brought to auction by McHugh & Co Property Auctions on 14th September 2023 with a Guide Price of £35,000.

2 Bed Semi-Detached Cottage, Boston

(For Sale with Taylor James Property Auctions)

Available in shell condition, this highly characterful cottage offers the perfect opportunity for a buyer to make their own personal mark. With a reception room and kitchen to the ground floor and two bedrooms and a bathroom space to the first floor, the building sits on a good-sized plot, offering the potential for extension – subject to consents.

The home’s traditional features include an externally-accessible WC, and there is plenty of space for off-street parking.

Just over half an hour from the Skegness seafront and a little under 15 minutes’ drive from Boston in Lincolnshire, this property sits just outside of the pretty rural village of Frithville, with access to local schools and a stunning open vista across rolling farmland.

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

3 Bed House, Corwen

(For Sale with Bowen Son and Watson Property Auctions)

This semi-detached property in the North Wales town of Corwen is of a very good size, and includes a number of attractive features such as exposed beams, a flagged yard and alcove shelving. The lot features two spacious reception rooms and a galley kitchen to the ground floor, as well as three generous bedrooms and a bathroom with WC to the split-level first floor.

Located right in the centre of Corwen, the property is within easy walking distance of numerous cafés, pubs and shops. Sitting towards the edge of  the Clwydian Range and Dee Valley Area of Outstanding Natural Beauty, the area is rich with astonishing viewpoints and ancient landmarks.

The lot will be brought to auction by Bowen Son and Watson Property Auctions on 21st September 2023 with a Guide Price of £25,000.

3 Bed Terraced House, Birmingham

(For Sale with Bond Wolfe Property Auctions)

Located less than 10 minutes’ drive from the meeting of junction 4 of the M6 and junction 7A of the M42 at Coleshill Interchange, this well-connected lot is also very close to supermarkets, pubs, restaurants, schools, the Chelmsley Wood Shopping Centre and green spaces such as Meriden Park and the playing park on Burleton Road. The property is also equidistant between Marston Green and Lea Hall train stations, both of which are around five minutes’ drive away.

The centre of Birmingham is accessible in just under 25 minutes.

A mid-terrace home, the property features two reception rooms and a breakfast room/kitchen to the ground floor as well as three bedrooms and a bathroom with WC to the first floor. It includes a good-sized foregarden and currently requires cosmetic improvements to bring it to its full potential. This work will undoubtedly add significant value.

The lot will be taken to auction by Bod Wolfe Property Auctions on 14th September 2023 with a Guide Price of £39,000.

2 Bed Semi-Detached Cottage, Cinderford

(For Sale with McHugh & Co Property Auctions)

Requiring renovation throughout, this is a lovely property in the heart of Cinderford – a little over half an hour south west of Gloucester on the edge of the Forest of Dean in Gloucestershire.

With a reception room, a good-sized kitchen area and a WC to the ground floor, the lot also features two bedrooms to the first floor. Sitting in a large plot, there is significant potential for the building to be extended, depending on consents.

The property backs on to the open green space of Cinderford Rugby, Football and Sports Club and sits on Dockham Road, just five minutes’ walk from the town’s High Street – on which can be found numerous eateries, pubs and shops.

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

2 Bed Terraced Bungalow, Oxford

(For Sale with Allsop Property Auctions)

A very well-proportioned single-storey Oxfordshire property requiring only minimal cosmetic work, this leasehold home is available with six years remaining on the lease and a Section 5 notice already with the Freeholder.

Including a reception room, kitchen, two bedrooms and a bathroom with WC, this is a highly desirable lot with good-sized front and rear gardens. Located less than five minutes’ drive from the Oxford Parkway Park and Ride train station, and close to a number of excellent open green spaces – including Port Meadow and Cutteslowe and Sunnymead Park – future residents of the property will benefit from its close proximity to Oxford city centre – just over 15 minutes’ drive away.

The lot will be brough to auction by Allsop Property Auctions on 21st September 2023 with a Guide Price of £10,000.