
The latest data from LandSale, the property portal dedicated to land and rural property, reveals that buyers looking to breathe new life into a derelict property could face an asking price as high as £237,500 on average, highlighting the substantial value still attached to redevelopment opportunities across Britain.
Britain continues to struggle with a severe housing shortage and, while the government remains focused on delivering new-build homes to combat the issue, many experts have also pointed towards making better use of the country's existing housing stock. Recent research estimated that there are around 300,000 empty homes across England, with a combined value of £88bn.
LandSale has therefore analysed another potential source of housing supply: derelict properties. While these properties can present buyers and developers with an opportunity to breathe new life into an existing building, the initial cost of securing one can still be considerable.
Based on current listings, the typical asking price for a derelict property across Britain stands at £122,500, with properties sitting on an average plot of 6.26 acres.*
However, the cost of securing a derelict property varies substantially depending on where buyers look.
In the South East, the typical derelict property commands an asking price of £237,500, despite coming with an average of just 1.42 acres of land.
The North West ranks second, where derelict properties command a typical asking price of £213,750, although buyers get considerably more for their money when it comes to land, with an average plot size of 10.37 acres.
In the East Midlands, the typical asking price stands at £200,000, while prices in Wales (£195,000) and Yorkshire and the Humber (£150,000) also sit above the national figure.
At the other end of the market, buyers looking for a renovation opportunity will find the lowest typical asking prices in the South West, at £67,500, followed by Scotland at £75,000.
Founder of LandSale, Adam Morris, commented:
“Paying close to £240,000 for what may essentially amount to a derelict shell or, in some cases, little more than a pile of bricks and a plot of land, certainly demonstrates just how valuable property opportunities remain in parts of Britain.
But derelict properties shouldn't necessarily be viewed as housing that has simply fallen into disrepair. For the right buyer, they can represent an opportunity to acquire land in a desirable location, breathe new life into an existing building and create a home that might otherwise be extremely difficult to find.
Of course, the purchase price is only the starting point and buyers need to carefully consider renovation costs, planning requirements and the condition of the property before taking the plunge. However, for those with the appetite and expertise to take on a project, derelict properties can offer a genuinely exciting alternative to buying a conventional home.
They may not provide a silver bullet for Britain's housing shortage, but bringing viable derelict properties back into use certainly has a role to play, particularly when every additional home makes better use of land and buildings that already exist.”
Data tables and sources
*Derelict property listings sourced from LandSale (1st September 2026)
Average time a a typical house sits on the market sourced from Zoopla
Notes to editors
LandSale is a specialist property portal dedicated to land, farms, equestrian properties, country homes and rural estates across the UK.
Launched in February 2026, LandSale was created to help buyers discover specialist property opportunities that are often difficult to find through traditional property search platforms.
The platform currently hosts more than 23,000 active listings and attracts over 320,000 monthly visitors.
Since launch, LandSale has welcomed more than 800,000 unique users and generated over 5.8 million monthly pageviews.
LandSale enables buyers to search using specialist criteria including acreage, land type and rural property features, helping them identify opportunities more efficiently.
Founded by Adam Morris, LandSale combines property data, technology and advanced search functionality to provide a dedicated marketplace for the UK's land and rural property sector.
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