April Auction Property Deals of the Month – Greater London

Here is the Property Solvers April roundup of auction deals in Greater London.

We’ve scoured all current auction listings to select the lots we believe represent the best return on investment – in terms of either current or potential value – throughout the English capital.

Whether you’re a prospective buyer or investor seeking residential or commercial property in the region, you’ll find a range of excellent opportunities below.

Residential Auction Properties – Greater London

2 Bed Ground Floor Flat with Garden, South Woodford

(For Sale with Auction House London)

2 Bed Ground Floor Flat with Garden in South Woodford - For Sale with Auction House London for a Guide price of £120,000 (April 2023)

This attractive ground floor flat includes a lounge/reception room of an unusually generous size, complete with fireplace. There are also two spacious bedrooms, a good-sized kitchen and bathroom, and access to a private garden to the rear. The property requires a little modernisation to bring it to its full potential.

The lot’s location is particularly excellent, with the open green spaces of Onslow Gardens just a minutes’ walk away, Leyton Flats just a little over five minutes’ drive and South Woodford underground station accessible in less than 15 minutes on foot. From there, Central London can be reached within an hour.

With plenty of shops, eateries and other amenities close at hand on George Lane, and supermarkets easily accessible in the area, this property is well placed for every convenience.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £120,000.

2 Bed Terraced House, Plumstead

(For Sale with Auction House London)

2 Bed Terraced House in Plumstead - For Sale with Auction House London for a Guide price of £200,000 (April 2023)

A freehold property arranged over three floors (lower ground, ground and first), this terraced house in Plumstead requires renovation, but has bags of potential to add significant value.

Comprised of a good-sized family bathroom, a generous kitchen/dining room, a characterful reception room with fireplace and two spacious bedrooms, the property also features a very appealing rear garden.

Just two minutes’ walk from Winn’s Common and under 20 minutes from Plumstead station on foot, the lot sits within 45 minutes’ journey from Central London on public transport.

Plumstead High Street, just seven minutes’ walk away, offers plenty of amenities – including shops, cafés, supermarkets and more.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £200,000.

2 Bed Maisonette, Woolwich

(For Sale with SDL Property Auctions)

2 Bed Maisonette in Woolwich - For Sale with SDL Property Auctions for a Guide price of £220,000 (April 2023)

Just over 10 minutes’ walk from Woolwich Common and under ten minutes’ drive from Woolwich Dockyard station, this elegant maisonette sits within an hour’s journey of Central London.

The property is available leasehold, with a 999 year lease from 25 December 1957. It features a lounge, kitchen, bathroom and two bedrooms along with a garden and garage.

Very well-positioned for local schools, the home is also just 25 minutes from Heathrow Airport.

The lot will be brought to auction by SDL Property Auctions on 27th April 2023 with a Guide Price of £220,000.

Block of 4 Flats, Mottingham

(For Sale with Landwood Property Auctions)

Block of 4 Flats in Mottingham - For Sale with Landwood Property Auctions for a Guide price of £190,000 (April 2023)

An excellent opportunity for any property investor buyer, this lot is comprised of four flats within an end-terrace block.

Two flats are currently vacant (numbers 126 and 128), and the investor will acquire the ground rents of the two additional properties, both pf which are subject to long leases. The entire lot requires renovation in order to bring it to its full potential.

There is also a front and rear garden attached.

Less than 15 minutes’ walk from the lovely Grove Park Nature Reserve and under ten minutes on foot from Grove Park station, Central London can be reached in just over 40 minutes. Plenty of amenities can be found on nearby Baring Road.

The lot will be brought to auction by Landwood Property Auctions on 12th April 2023 with a minimum opening bid of £190,000.

3 Bed End-Terrace House, Forest Hill

(For Sale with Auction House London)

3 Bed End-Terrace House in Forest Hill - For Sale with Auction House London for a Guide price of £350,000 (April 2023)

Located on a welcoming cul-de-sac and featuring a good-sized reception room, this property features a generous kitchen/diner, a very large master bedroom and two well-sized additional rooms – as well as a family bathroom and attractive back garden and front yard.

Most rooms are in excellent condition, with a small amount of work required on the bathroom and two of the three bedrooms.

Albion Millennium Green is just four minutes’ walk away, with Sydenham Hill Wood and Horniman Museum and Gardens both accessible within 5 minutes’ drive. Forest Hill station can be reached within ten minutes on foot, and from there, Central London is reachable in just over 30 minutes.

Dartmouth Road, just round the corner, offers an array of amenities.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £350,000.

1 Bed Duplex, Thornton Heath

(For Sale with SDL Property Auctions)

1 Bed Duplex in Thornton Heath - For Sale with SDL Property Auctions for a Guide price of £95,000 (April 2023)

Just a seven minute walk from the lovely Grangewood Park and around the corner from the bustling crossroads with Beulah and Parchmore Roads, this superb duplex benefits from a superb proximity to a range of amenities.

Thornton Heath station is just over 10 minutes’ walk away, allowing access to Central London within 50 minutes.

The property features a good-sized open plan reception space/kitchen/dining room as well as a sizeable family bathroom and bedroom. The seller has not renovated the property for some time, so the potential to add value is significant.

The lot is available with a long lease and will be brought to auction by SDL Property Auctions on 27th April 2023 with a Guide Price of £95,000.

Commercial Auction Properties – Greater London 

Ground Floor Café, Cricklewood

(For Sale with Barnett Ross Auctions)

Ground Floor Café in Cricklewood - For Sale with Barnett Ross Auctions for a Guide price of £200,000 (April 2023)

Located within a terraced parade of popular businesses, including eateries and furniture shops, this property is currently let – with the lease renewed as of January 2023. It is available on a lease of 999 years from 30th July 2021, and offers significant a good return in terms of rental income.

Comprised of the main café space, WC and lean-to storage, the property sits on Cricklewood Broadway, just around the corner from popular Anson Road. With Cricklewood Station just over 5 minutes’ walk away, the premises experiences a good level of footfall.

The lot will be brought to auction by Barnett Ross Auctions on 4th April 2023 with a Guide Price of £200,000.

Mixed Use Retail Unit and Flat, Newham

(For Sale with Auction House London)

Mixed Use Retail Unit and Flat in Newham - For Sale with Auction House London for a Guide price of £280,000 (April 2023)

Arranged over three floors, including a basement/lower ground floor, a ground floor retail unit and a two-bedroom flat to the first floor, this property is currently in need of renovation but offers plenty of excellent potential.

Available on a 99 year lease from 25th November 1991, the property is located just around the corner from busy Green Street and only five minutes’ walk from Upton Park station, with Central London accessible in under 40 minutes. The area benefits from plenty of footfall, making this a superb investment.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £280,000.

Mixed-Use Retail Unit and Seven Flats, Battersea

(For Sale with Auction House London)

Mixed-Use Retail Unit and Seven Flats in Battersea - For Sale with Auction House London for a Guide price of 360,000 (April 2023)

This is a very elegant building made up of a double retail unit (currently let) and seven flats arranged over four floors – six of which have been sold off on 125 year leases from 1997.

With significant potential to receive rental income, the lot benefits from high levels of footfall due to its proximity to Clapham Common (three minutes’ drive away) and Clapham Junction station (just five minutes away). The area is rich with retail and leisure outlets, including the Battersea Arts Centre. Central London is just over half an hour away on public transport.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £360,000.

Leasehold Ground Floor Commercial Unit, Kingston Upon Thames

(For Sale with Auction House London)

Leasehold Ground Floor Commercial Unit in Kingston Upon Thames - For Sale with Auction House London for a Guide price of £225,000 (April 2023)

An attractive mid-terrace ground floor retail unit/showroom is available on a 999 year lease, and has a generous Gross Internal Area of 528 square feet.

Less than an hour’s journey from Central London on public transport, with Kingston station less than 10 minutes’ walk away, the lot is superbly situated, set just back from the Thames riverside and surrounded by retail outlets and eateries.

The Memorial Gardens of Kingston-upon-Thames are just three minutes’ walk away, as is the popular Eden Walk Shopping Centre.

The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £225,000.