A damp and dingy basement flat in Kilburn in London with space for an extension, a former post office in Gedney Dyke in Lincolnshire and a bungalow in Cornwall's Liskeard are sold under the hammer. Two of the new owners plan to make their auction buys their home, while the third wants to create a family home to sell on. Martin, Lucy and Dion tour the properties and meet the new owners.

Martin, Lucy and Dion travel the country looking at properties bought at auction by investors hoping to make some money. Lucy is in Catford to follow progress on a one-bedroom flat its new owners hope to turn into a two-bed. Dion is in Wigton looking at a house with a flying freehold, and Martin is in a large end-of-terrace house in Blackpool close to the tower and illuminations.