Buying property at auction can be one of the most powerful ways to secure below-market value deals, fast-track your portfolio, and generate serious profit – if you know what you're doing. But make no mistake, auctions are not for the faint-hearted or unprepared. In this episode, I’m breaking down everything you need to know – from auction strategy and legal packs to horror stories and hacks that have personally made me hundreds of thousands of pounds.
Whether you're a first-time investor or an experienced landlord, this step-by-step guide will show you how to buy property at auction in the UK, what to look out for, and how to avoid the classic mistakes that so many amateurs make.
Remember: property auctions are not just opportunities – they are tests. The educated win. The uneducated pay for it.
🔑 KEY TOPICS COVERED:
→ Why auctions are one of the fastest ways to secure property deals
→ Traditional vs. Modern Method vs. Online Auctions (and how each works)
→ How to find auction properties in the UK
→ The biggest red flags to look for in a legal pack
→ Calculating your maximum bid using real numbers
→ Pre-auction and post-auction strategies that win
→ The underwriting hack that most investors don’t know about
→ Horror stories that could have been avoided with the right knowledge
→ Auction day tactics: guide price, reserve price & fake bids
→ How to get finance lined up before you bid
🌐 WEBSITES MENTIONED:
• Rightmove: https://www.rightmove.co.uk
• Auction House UK: https://www.auctionhouse.co.uk
• Savills SDL Auctions: https://auctions.savills.co.uk
• Allsop: https://www.allsop.co.uk/auctions
• Property Data: https://propertydata.co.uk
• Deal Sourcer: https://dealsourcer.com
➡️ It all starts with a Crash Course! Book your spot at Samuel Leeds' next course for ONLY £1: https://www.samuelleeds.com/slptour
USEFUL LINKS:
🎥 WATCH: ALL NEW Success Stories Channel: https://www.youtube.com/@UCuMZkB9CLBpjuviJ6Ljzd_w
📖 READ: My latest best-selling book: https://www.samuelleeds.com/FOMPOD
♟️ PLAY: Get the Property Millionaire board game: https://www.samuelleeds.com/ytbg
❓ Have a question about property? Join my Property Facebook Group: https://www.facebook.com/groups/778613042238071
🗣️ FOLLOW ME ON SOCIAL MEDIA:
→ YouTube: https://www.youtube.com/@SamuelLeeds
→ Instagram: https://www.instagram.com/samuelleeds
→ TikTok: https://www.tiktok.com/@samuel_leeds
→ Facebook: https://www.facebook.com/OfficialSamuelLeeds/
→ Twitter: https://twitter.com/samuel_leeds
→ LinkedIn: https://www.linkedin.com/in/samuel-leeds-64660683
We are always looking for interesting podcast guests:
For collaboration enquiries, please email marketing@samuelleeds.com
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