Written by Joanne Townsend
Joanne Townsend
Joanne completed a Journalism degree in 2012 before working for a number of marketing companies in the roles of a copywriter, moderator and PR assistant.
If you are looking for residential and commercial property deals at auction, we have discovered some of the best available with good returns on investment and tons of potential. With a variety of prices, sizes and locations, here are some of the best purchases you can make in East Anglia in August.
This derelict bungalow is situated in Leverington on the south side of Gorefield Rd. The property is ideal for investors as it comes with planning permission to construct a detached three-bedroom house, offering scenic open countryside views to the rear.
Located just a few miles northwest of Wisbech and near the A1101, the property enjoys convenient access to major routes. A remarkable redevelopment opportunity, this could be sold at a significantly higher resale value once the refurbishment has been completed or rented out to a family.
The lot will be brought to auction by Auction Estates on the 17th of August 2023 with a Guide Price of £55,000.
This chain-free mid-terraced three-storey house is situated within a sought-after residential development in Thetford. Boasting a kitchen/diner, the property also offers a delightful living space. Inside, there are four bedrooms, including an ensuite in the master bedroom, as well as a family bathroom. Additionally, a ground-floor wc provides added convenience.
Externally, the rear garden is fully enclosed, providing a private and secure outdoor space. There are also two allocated parking spaces, ensuring ease of parking for residents. Close to amenities, this is ready to be let out to new tenants and would make for a popular buy-to-let opportunity.
The lot will be brought to auction by iamsold on 15th August 2023 with a Starting Bid of £180,000.
This one-bedroom end terrace property in March (Cambridgeshire) presents a renovation opportunity. Nestled in a quiet residential area, the property enjoys convenient access to local shops and amenities. The living room features a prominent brick fireplace. The breakfast kitchen provides ample space for cooking and dining, with the potential to transform it through modernisation.
The double bedroom benefits from dual-aspect windows and it offers generous storage capacity. The bathroom is also of good size. A little updating could transform it into a relaxing and tranquil retreat. For cash buyers only, the property offers on-road parking.
The lot will be brought to auction by Property Solvers Auctions with Bidding Opening on 5th August 2023 with a Guide Price of £70,000.
This unique and recently refurbished two-bedroom detached house offers easy access to everything you need and is conveniently situated within proximity to various amenities, Moreover, a mainline station is conveniently nearby, providing rail links to Ely, Cambridge, and London‘s Kings Cross Station.
The house itself presents a charming layout, featuring a lounge, kitchen, and a modern wet room on the ground floor. Moving upstairs, the first floor houses two bedrooms and a compact yet functional bathroom. With no onward chain, this property is available for immediate possession and would make a good rental property due to its recent refurbishment.
The lot will be brought to auction by iamsold on 10th August 2023 with a Starting Bid of £100,000.
This three-bedroom semi-detached ex-local authority house is situated in the sought-after town of Holt. Nestled in a cul-de-sac, the property boasts a well-maintained mature rear garden and it comes with off-road parking. Holt is one of the most attractive destinations in north Norfolk.
Holt is well-equipped with essential amenities including a doctor’s and a supermarket. On the ground floor, there is a living room, a kitchen and a conservatory. Upstairs, there are three bedrooms and a bathroom.
The property is going to auction by iamsold on 8th August 2023 with a Starting Bid of £160,000.
This impeccably presented first-floor one-bedroom apartment is located just a few steps away from the quayside in the highly sought-after coastal town of Wells-next-the-Sea. The apartment features an inviting open-plan living area, a comfortable bedroom, and a convenient shower room. Additionally, it benefits from access to a shared back garden.
From the front terrace, you can savour a partial view of the harbour, situated directly in front of the yard at the harbour entrance. This outdoor seating area offers a great spot that would be popular with holidaymakers renting this flat. There is a generously sized parking space opposite, which adds to its appeal as a successful holiday destination. Furthermore, the property includes a roof space that holds the potential for conversion into another living area. This a great holiday rental opportunity in good condition.
The lot will be brought to auction by GoTo Properties on 4th August 2023 with an Opening Bid of £310,000.
Offered with no forward chain, this two/three-bedroom home boasts a layout featuring an open-plan kitchen diner, a comfortable lounge, and a conservatory. Conveniently located near the town centre of Peterborough, the property ensures easy access to various amenities.
The open-plan kitchen-diner creates a welcoming atmosphere while the lounge offers a cosy retreat. The delightful conservatory offers a versatile space. The property comes with generously sized rear gardens. In the desirable location of Market Deeping, there are shops and good schools within a close distance.
The lot will be sold at auction by iamsold on 3rd August 2023 with a Starting Bid of £160,000.
This property offers a versatile internal layout previously utilized as a Retail space with adjoining Store Rooms. Planning Permission has been granted for an exciting conversion project creating Two Flats and a Townhouse.
With two one-bedroom duplex flats and one 2 bedroom three storey house, this offers a diverse range of living spaces and good rental opportunities or high resale value. Conveniently situated on the east side of Albion Street, the property benefits from easy access to the A47 road to the south and King’s Lynn Rail station is merely 0.2 miles away. Residents can enjoy the proximity of shops and amenities within King’s Lynn and St James’ Park is conveniently nearby.
The lot will be sold at auction by Allsop Auctions on 3rd August 2023 with a Guide Price of £80,000.
This property comprises a mid-terrace building, offering a ground-floor shop space with ancillary accommodation spread across the first, second, and third floors. Conveniently located on a pedestrianised road in Lowestoft, the property enjoys proximity to local shops and amenities and the Lowestoft rail station.
Planning permission has been granted for the potential conversion to three self-contained flats which could be rented out or sold as separate accommodation. The first-floor flat would offer a two-bedroom flat while the second and third floors would offer one-bedroom flats. With great potential, this would make for an attractive investment opportunity.
The lot will be brought to auction by Auction House London on 2nd August 2023 with a Guide Price of £180,000.
A good investment opportunity awaits with this well-presented commercial unit, previously operating as a cafe. The property offers potential with various usage options subject to planning permission including the possibility of converting it into a residential or holiday let. The location is highly favourable, within easy walking distance of local amenities and the river.
Set in the charming town of Loddon, this property is approximately 12 miles South-East of Norwich. Loddon boasts a range of excellent amenities, including schools, shops, restaurants, and pubs. An ideal commercial opportunity in a popular area.
The lot will be brought to auction by Barnard Marcus Auctions on 1st August 2023 with a Guide Price of £80,000.
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