A property auction has long been a place to potentially bag a bricks and mortar bargain, although in recent years with the Welsh property market experiencing the highest price increases in the UK due predominantly to the Covid-19 pandemic, many lots are being fought over by determined bidders.
Commercial buildings that offer a change of use and homes that offer a renovation project that gives a new owner a chance to add value to the property are becoming harder to secure, and if you want an auction lot that combines the two, that is an even rarer building to find.
But keep patient and keep your budget ready to spring into bidding action and you might find a property pop up in an auction catalogue that can satisfy the need for a home and a business, or a dual function building to rent out.
