Whether you’re a first-time buyer keen to get on the property ladder or you’re on the lookout for a new investment, homes bought at auction can offer a unique and lucrative opportunity.
We’ve brought together the best properties going under the hammer soon, all with guide prices below the UK average house price of £231,855, so if you’re on a mission to bag a bargain, now is a great time to do so.
Many auctions charge a buyer’s premium or admin fee to the winning bidder so always read the small-print carefully before placing a bid.
Take a closer look at these fabulous homes hitting the auction room this summer…
Three-bed terrace home, Shildon, County Durham: £32,000
© Provided by Lovemoney This traditional brick terrace home could make the perfect pad for a small family. Image: Dowen
This traditional terraced home is the perfect starter property for any first-time buyer. Ideally situated with access to local amenities and transport, the mid-terrace house boasts plenty of traditional character.
In the living room, a big bay window bathes the space in sunshine, while the elegant fireplace is ideal for the colder months.
Elsewhere on the ground floor, there’s a separate dining room and kitchen, while upstairs, you’ll find three bedrooms and a generous family bathroom with modern fixtures.
© Provided by Lovemoney While in need of an update, the kitchen features reasonably modern fixtures. Image: Dowen
The rear of the property leads out onto an enclosed yard that’s perfect for a bistro set and a few potted plants.
Currently in pre-auction marketing, you can place a bid on the house with Dowen, however, the date for the auction is still to be finalised.
Two-bed brick property, Scunthorpe, Lincolnshire: £45,000
© Provided by Lovemoney This charming terrace is location in a scenic, historic street at the heart of the town. Image: William H Brown
In easy reach of the shops and restaurants in Scunthorpe town centre, this characterful terrace house comes with bags of potential.
Situated within a popular residential area, the compact brick-built home is the perfect fixer-upper project for a buyer looking to expand their portfolio.
While in a reasonable state of repair, the interiors look like they’re in need of some updating, offering a blank canvas for you to put your own stamp on.
© Provided by Lovemoney The kitchen is in need of a revamp, however, the building’s fabric appears to be in good shape. Image: William H Brown
On the ground floor, the entrance hall leads into a spacious lounge and a fitted kitchen, which opens out onto a sizeable, low-maintenane courtyard at the rear.
Upstairs, there are two spacious bedrooms and the bathroom, while a built-in cupboard under the stairs and accessible loft space offer ample storage.
Listed with William H Brown, this house is currently in a live online auction that closes on the 11th August.
Historic church, Bodmin, Cornwall: £75,000
© Provided by Lovemoney This potential conversion project could yield lucrative rewards. Image: Kivells
While this stunning 19th-century former Methodist church isn’t exactly a house, it’s packed with conversion potential.
What’s more, with a bargain guide price of £75,000 and the typical detached property in Bodmin selling for just over £275,000 according to Rightmove, there’s plenty of scope to make a sizeable profit.
The vast building includes an array of original features, from arched stained-glass windows to wood panelling and ornate brickwork, all of which would make beautiful focal points in a sensitive home conversion.
© Provided by Lovemoney We’d love to see elements of the original church incorporated into a residential scheme. Image: Kivells
Including a handy garage across the road, the local council expressed support in principle for the residential use of the church in pre-application planning advice, however, any changes would be subject to planning permission.
Listed with Kivells, you can place a bid on this heritage project at the auction on 9th September at The Eagle House Hotel, Launceston.
Five-bed home, Stockton-on-Tees, County Durham: £120,000
© Provided by Lovemoney The home’s endearing facade features heritage brickwork and vibrant purple detailing. Image: Pattinson
This gorgeous double-fronted property in Stockton-on-Tees is packed with traditional features, from bay and sash windows to ornate fireplaces.
If you’re looking for a home with character and don’t mind putting in a little elbow grease, this one could be yours for a snip.
On the ground floor, you’ll find a spacious lounge, plus two additional reception rooms, a kitchen and a wetroom. A family bathroom and a further toilet are located upstairs.
© Provided by Lovemoney Period features abound in this living room, from the coving to the panelled bay window. Image: Pattinson
There are five bedrooms on offer in total, including the substantial light-filled loft bedroom on the second floor of the house. While some rooms are decorated with especially vibrant colour schemes, it’s nothing that can’t be remedied with a lick of paint.
There are courtyard gardens to the front and rear, while a range of local amenities, including shops and transport links, are within walking distance.
This promising property is currently listed in an online auction via Pattinson, with bids closing on 12th August.
Four-bed detached house, Blaenau Ffestiniog, Gwynedd: £170,000
© Provided by Lovemoney The detached family home occupies an idyllic rural spot in Gwynedd. Image: Pattinson
Nestled amongst some of Snowdonia National Park’s finest scenery, this attractive Edwardian home is a real steal.
Situated on the edge of the historic mining town of Blaenau Ffestiniog, the house is close to a range of local amenities including shops, pubs and restaurants.
Built from granite stone, the house is topped with a traditional slate roof typical of the local vernacular, while double-glazing has been installed throughout.
© Provided by Lovemoney With a little work, the interior could make a beautiful family home. Image: Pattinson
The downstairs accommodation comprises two generous reception rooms, a kitchen, sun room and a separate utility room, plus a handy bathroom.
The first floor hosts four large double bedrooms and a sizeable family bathroom. On the second floor, the spacious loft has already been converted into a habitable living area, which could easily become a fifth bedroom.
© Provided by Lovemoney The garden offers ample space for a green-fingered buyer to take in hand. Image: Pattinson
Outside, the back garden offers mature trees and a terrace – the perfect spot to soak up the gorgeous scenery.
This charming property is open to online bids with Pattinson until the 13th August.