Auction Properties in Liverpool
Property Auctions in Liverpool, England
Whether you are a local or choosing to relocate to the city, there has never been a better time for attending property auctions in Liverpool, England. This city of 1.6 million offers a range of residential, commercial, industrial and investment properties to suit you – whatever your circumstances or budget.
Liverpool is an excellent place to find bargain properties, such as cheap houses and flats, properties which require renovation and even plots of land for sale by auction. For savvy property investors who can buy quickly, there are also good opportunities to buy repossessed properties in Liverpool.
Property Prices In Liverpool
The price of property in Liverpool is much cheaper than many other cities of similar size in the UK and a third cheaper than the London property market. Apart from a few more affluent pockets, generally neighbourhoods in the north of Liverpool tend to be much cheaper than the south.
According to Liverpool estate agents, the average residential property prices in Liverpool are (2021):
- Detached house: £308,000
- Semi-detached house: £188,000
- Terraced house: £115,000
- Flat: £119,000
When working out your auction property financing, the property guide price at auction can be 10-20% cheaper than the above prices. However, interest from other bidders can cause this guide price to increase.
Commercial, mixed-use and industrial properties in Liverpool are also much less than the national average and start from £20,000.
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How To Find Cheap Property For Sale In Liverpool
Like most cities, each neighbourhood in Liverpool has its own distinct character and appeals to different types of people. Generally, the centre tends to attract young single professionals, students and couples who have yet to start a family. As their circumstances change, families tend to move out of the city into the suburbs.
If you are looking for cheap properties for sale in Liverpool and are open minded about which area to find your bargain house or flat, the areas listed below are worth watching at any property auctions in Liverpool.
Property In Crosby, Liverpool
Located 20 minutes from central Liverpool, Crosby is one of the most historic suburbs of the city. Its location, on the coast and a short walk from the countryside, makes it particularly appealing to those who are comfortably off or who are upsizing.
The property market in Crosby includes colourful villas along the seashore, large detached Victorian era houses as well as a range of semi-detached and cheaper terraced houses and flats.
The appeal of buying property for sale in Crosby has caused house prices to rise in recent years with the average property price now set at £217,000, ranging from £433,000 for a detached house to £117,000 for a flat in Crosby.
Property In Allerton, Liverpool
As well as being only 3 miles south-east of Liverpool centre, Allerton has two railway stations with good transport links to Manchester, Southport and Birmingham.
The low crime rate, good secondary and primary schools and close proximity to Calderstones Park (with a lake, play areas and botanical garden) make Allerton a popular area for those with children or even those who want to get away from the noise of the busy centre. Property prices in Allerton range from £298,000 (for a detached house) to £184,000 (for a flat).
Aigburth Property For Sale
Voted by ‘The Times’ as one of the best places to live in the UK in 2019, Aigburth is only a 10-15-minute train commute into Liverpool Moorfields station. It has good schools and is the location of Sefton Park, a 235-acre Grade I listed park with many leisure facilities.
Another reason for its popularity among young couples is the fact that property in Aigburth is relatively affordable for property considering all the benefits of living there. Large Victorian detached houses start at £383,000 while flats, many of which are converted town houses with original features, average at £155,000.
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Property For Sale In Childwall, Liverpool
Childwall is another popular area for buyers at property auctions in Liverpool and is served by a regular local bus service into the centre as well as two railway stations (Broadgreen and Mossley Hill).
property for sale in Childwall mainly consists of detached houses (average price: £430,000) and semi-detached properties (average selling price: £276,000). There are very limited opportunities to purchase terraced houses or flats in the Childwall area.
Property In West Derby
Located in North Liverpool, West Derby retains the atmosphere and character of the village it used to be before it became swallowed up by the outward growth of the city. This area is popular among people with families because of its good schools and the close proximity of Croxteth Hall Country Park with all its recreational facilities.
The housing in West Derby is a mixture of large mansions, semi-detached houses, cottages and farmhouses. Prices start at £99,000 (for a flat) and go up to £243,000+ (for a detached house).
Property Auctions In Liverpool FAQ
How can I find property auctions in Liverpool?
Both local and national auction houses feature property auctions in Liverpool. Once you have done your initial search, you can order their auction catalogues and browse through the available properties for auction in and around Liverpool.
How much are auction properties in Liverpool?
The average price of auction properties in Liverpool is around £145,000. However, the price varies according to the type, age, condition and location of the property. Look through the catalogue to get an idea of guide prices for available properties.
Which areas are best to find cheap properties in Liverpool?
The best neighbourhoods for houses sold at auction in Liverpool are Crosby, Aigburth, Woolton, Mossley Hill and Anfield. You should also consider looking in the smaller towns and villages on the outskirts of Liverpool, as many good deals can be found when buying houses or land at auction in these areas.
Can I buy repossessed properties in Liverpool?
Sometimes it is possible to buy cheaper repossessed properties in Liverpool, but normally repossessed properties are sold through an estate agent before coming up for auction. You can also contact local finance companies and banks to find out about any repossessed properties for sale in Liverpool and surrounding areas.
Bargain Property Auctions In Liverpool
As a large city, Liverpool has a wide range of auction properties available – from residential to industrial. They range in size from small one-person apartments or corner shops to large industrial units suitable for setting up a factory. Our recommendations for bargain properties in Liverpool are of three types:
Cheap Properties In Liverpool
There are cheap properties for sale in Liverpool where a terraced house can be purchased for as little as £50,000-£80,000. Areas to watch out for are Anfield and Toxteth.
The cheap houses for sale here mainly consists of old terraced back-to-back houses, old Victorian villas and post-second world war semi-detached houses. As inner-city neighbourhoods, they have a good selection of properties to renovate and there are opportunities for would-be buyers on the lookout for something affordable.
Try attending a variety of property auctions in Liverpool if you are looking for cheaper or bargain property. It is also worth remembering that the lots for sale at Liverpool property auctions change every week, so attend the same auction house more than once.
Repossessed Property For Sale In Liverpool
Like many industrial cities in the UK, there is a good selection of repossessed property for sale in Liverpool and surrounding areas. These properties often sell quickly due to a lower guide price and the kind of lots available at property auctions in Liverpool vary greatly.<.p>
From newer homes and flats to older houses, commercial properties and even properties which are listed, the choice of repossessed property in Liverpool is wide and the competition is high from bidders at auctions.
There are many reasons for a property to be repossessed by the lender and generally it is not connected with the type of property, although there are a good number of repossessed houses for sale in Liverpool.
These are ideal locations to set up your business. You should also look for commercial properties in inner-city areas such as the Baltic Triangle and the Georgian Quarter while the Fabric District is also planned to be part of a regeneration project. Now is the ideal time to buy before prices rise.
Property Investment In Liverpool
It is estimated that there are 70,000 students attending Liverpool’s universities and colleges. This means that demand for rental properties in Liverpool is high.
Inner-city neighbourhoods like Old Swan, Edge Hill, Dingle and Anfield have a variety of properties in the £80,000-£130,000 price range which could be purchased as buy-to-let properties.
Areas like the Baltic Triangle and The Georgian Quarter are very popular among young professionals because of their location within walking distance of Liverpool city centre, making the area fantastic for anyone interested in property investment.
Resources for property buyers in Liverpool:
Council tax rates in Liverpool from Liverpool City Council
General information about the city of Liverpool and surrounding areas from Visit Liverpool
Online Property Auctions In Liverpool, England
Bidding at property auctions in Liverpool is the quickest way to become the proud owner of a new home or business premises in the fraction of the time that a conventional sale would take. While it is better in some ways to attend a live auction, another option is to look for online property auctions in Liverpool and surrounding areas.
Many Liverpool auction houses offer online property auctions, as do some of the national property auction houses. However, remember to view any property you are interested in buying and get a professional property surveyor to conduct any required surveys, such as a home damp survey, before you commit to bidding on the property.