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Are Property Auctions Only for Cheap Houses? Here’s the Truth

When people search for a cheap house, one of the first places they often look is the auction room. It’s a phrase that trends on Google every month, and yes, property auctions can be a great place to find good value.

Daniel Marsden

Head of Partnerships

But at Probate.Auction and Resi.Auction, we know that there’s much more to auctions than just “cheap houses.”

The reality is that we sell all types of properties, from renovation projects to ready-to-move-in homes and high-value estates.

Property selling at auction

The Misconception: Auctions Are Only for Cheap or Distressed Properties

Many still assume that auctions are only used for run-down houses, repossessions, or properties that can’t sell through estate agents.

That couldn’t be further from the truth.

Today, auctions are chosen by sellers who want a faster, more transparent, and more certain way to sell.

We regularly sell everything from:

  • Probate properties in need of updating (Probate.Auction)
  • Residential homes and investment properties (Resi.Auction)
  • Flats, terraces, bungalows, and even premium family homes.

The common thread isn’t the price – it’s the efficiency, fairness, and reliability of the auction process.

Probate.Auction bid and sold_signs

Yes, You Can Find a Cheap House – But It’s Really About Value

Auctions can absolutely be a great place to find a cheap house, especially for buyers looking for renovation potential or investment opportunities.

Because auction properties are priced to sell, you may pay less than you would on the open market.

However, not all auction properties are “cheap.”

Many attract strong competition and achieve impressive sale prices, reflecting their true market value.

At the heart of every sale is value for money, whether that’s a bargain fixer-upper or a sought-after family home.

Family home bought at auction

Why Sellers Choose Auction (and Why Buyers Trust It)

Sellers choose Probate.Auction and Resi.Auction because the process is:

  • Fast – Average sale times cut from six months to under seven weeks
  • Certain – Contracts exchange immediately once the hammer falls
  • Transparent – All legal documents, viewings, and bids are open and accessible

Buyers appreciate that same clarity, no drawn-out negotiations, no last-minute fall-throughs, and full confidence that the deal is secure.

The Bottom Line

If you’re searching for a cheap house, the auction room is a great place to start.

But it’s also where you’ll find real value,  properties of all types and price points, sold fairly and efficiently.

At Probate.Auction and Resi.Auction, we’re proud to deliver exceptional results for sellers and buyers alike, whether it’s a small renovation project or a high-end family home.

Because auction isn’t just about cheap houses, it’s about certainty, transparency, and results that speak for themselves.

Russ Taylor at Probate.Auction

Thinking of selling or buying a property at auction?

Visit probate.auction, or contact our team by using our contact form here to learn how we can help you achieve the best outcome for your property.

Probate.Auction and Resi.Auction logos

Who we work with:

Executors, Administrators, Solicitors and the Family and Beneficiaries of the Deceased.