Sarah Beeny has a new TV series about buying a property at auction, and the first episode airs this evening at 8pm.

The Channel 4 series is called I Bought it at Auction with Sarah Beeny, and does exactly what it says on the tin, following real-life stories of buyers seeking a bargain and gambling their life savings on properties that are often in dire need of renovation.

The new show follows a three-year run of ‘Sarah Beeny’s New Life in the Country series, which gave viewers an insight into her swapping her London life for building a new family home in rural Somerset.

The first episode of her new weekly series is due to hit screens this evening at 8pm.

Risky purchases

Beeny said, “Buying property at auction is risky and not for the faint-hearted but for those who dare, it can be an exciting, albeit nerve-wracking, way to get on or move up the property ladder.

“I’ve always believed there is possibility in almost any piece of land or building, and those sold in auction are sometimes packed with potential – if you know what to, and what not to look for. I’m thrilled to bring viewers along for the ride and shine a light on this high risk but sometimes high gain part of the market.”

Buying property at auction is risky and not for the faint-hearted.”

In tonight’s first episode, every penny is on the line for two couples who have bought new homes at auction – one based in Guildford and the other is in Cornwall.

“Sarah knows firsthand how to navigate the property market and what it really takes to make bold moves pay off.”