Finding your first home or an exciting investment opportunity at a good price is a dream shared by thousands of home-buyers going into 2024. What might surprise potential buyers is the number of properties that can still be snapped up for under £100,000.
This is especially true for properties sold at auction, where homes of all shapes and sizes can often appear for sale with guide prices well below the £100,000 threshold. By keeping an eye on your local property auction listings you can find everything from good-sized family homes and properties sold at probate; to well-appointed apartments.
Edward Mellor acts as one of the largest and most successful property auction houses in the North West, having helped thousands of clients to either buy or sell their homes. Our first property auction of 2024 is due to take place on 24th-25th January, so if you’re keen to either enter into the property market or grow your investment portfolio, register today to view the lots and get ready to bid on the big day!
To whet your appetite for our upcoming auction, we’ve selected several properties that are listed for under £100,000. These homes represent a fantastic opportunity for either first-time buyers or as a potential rental investment.
We’ve included everything from apartments that are ready to move into, as well as family homes in need of a little TLC. These are great projects for investors or anyone who is looking for a bargain and is happy to roll their sleeves up for a little DIY.
Take a look and don’t forget to register to bid if you see a property that interests you!
This spacious home is set in the highly popular location of Stalybridge, close to local transport connections to Manchester and surrounding towns. Stalybridge boasts a great selection of amenities including shops, schools and recreational facilities, giving this property fantastic potential as a comfortable three-bedroom family home.
The house itself needs a little work, but represents a fantastic opportunity for a property investment or as part of a buy-to-let (BTL) portfolio. Residential buyers could also benefit from securing this lot at a great price, allowing them to keep funds aside to put their own stamp on a charming new home. This is especially true as the property has recently had a new boiler fitted, so buyers may find that they can prepare the home to move more quickly than they might have expected.
For more information take a look at the full listing here.
This two-bedroom house is perfectly suited as either a home for first-time buyers or as a BTL opportunity. The property is sold with vacant possession, so any potential buyer is free to take ownership of and begin moving the property as quickly as possible – another advantage of buying at auction.
St. Helens is a thriving town, with a vibrant community and a good selection of amenities and attractions, including a bustling town centre, parks and open spaces, and its famed sporting heritage through St Helens R.F.C – who have won no less than three World Club Challange cups! The town is also home to the North West Museum of Road Transport, the World of Glass, and several art installations, so there’s really something for everyone!
This property is one not to be missed, so if you’d like to see the full listing you’ll find it here.
Not everybody is looking for a traditional family home, but that doesn’t mean that auction isn’t the right choice for buyers looking for apartments or similar properties. In fact, the truth is that property auctions genuinely offer all kinds of residential and commercial lots, so the property of your dreams could only be a few bids away.
Representing a fantastic investment opportunity, this second-floor studio apartment is situated in a recently constructed complex in the core of Oldham town centre. Boasting a variety of amenities, shops, a leisure centre, and superb transport connections to surrounding areas and Manchester City Centre, it offers convenience and accessibility.
The property is also close to Oldham College and The Royal Oldham Hospital, which greatly increases its potential and attractiveness as a rental investment.
For more information take a look at the full listing here.
If you’re looking for a family home, BTL opportunity or even a commercial property, it’s still possible to find the right property for under £100,000. Buying at auction is a great way to ensure that you can secure a sale quickly and get to work focusing on what you’ll do with your new home, whether that’s making it your own, selling on for a profit or converting into a rental opportunity.
Our January property auction is due to take place on 24th-25th January, so register today if you have been inspired by any of the lots above, or would like to bid of any other of the exciting properties on offer.
Edward Mellor will be running property auctions throughout the year, so remember to keep an eye on our auction calendar for all the latest updates.
See you at auction!
Listed. Sold. Sorted.
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