December Auction Property Deals of the Month – East Anglia

If you are looking for residential and commercial property deals at auction, we have discovered some of the best available for investors in East Anglia in December.

Residential Auction Properties East Anglia

2 Bed Character Property, Peterborough

(For Sale with iamsold)

2 Bed Character Property in Peterborough - For Sale with iamsold with a Starting Bid of £400,000 (December 2023)

Inside this two-bedroom cottage, you’re welcomed into a spacious entrance hall which could be used. The hall, generously sized, accommodates potential office furniture, providing an ideal setup for a home office. There is also an expansive sitting room.

The property features two bedrooms and there is a bathroom. Externally, there is a rear courtyard. Located in Wansford, the property has a good range of amenities within a short distance and offers easy access to Peterborough.

The lot will be brought to auction by the modern method of auctioneer iamsold on the 29th of December 2023 with a Starting Bid of £400,000.

1 Bed End Terrace Cottage, Cottenham

(For Sale with Cheffins Auctions)

1 Bed End Terrace Cottage in Cottenham - For Sale with Cheffins Auctions with a Guide Price of £90-100,000 (December 2023)

Nestled near the high street in the sought-after village of Cottenham, this one-bedroom end-of-terrace cottage beckons with promise. Although in need of complete refurbishment, the property presents an exciting canvas for transformation and expansion, contingent upon obtaining the required planning approvals. An enticing prospect for both homeowners and investors, the cottage is centrally located in the popular village in Cambridgeshire.

The ground floor encompasses an entrance porch/lobby, a kitchen with base units, and a sitting room featuring an open fireplace. Ascending the stairs leads to the first floor, offering a bedroom, a shower room, and a landing with storage. While the cottage currently requires significant renovation, it comes with off-road parking at the front and a lawned garden on the side.

The lot will be brought to auction by Cheffins Auctions on 13th December 2023 with a Guide Price of £90-100,000.

3 Bed Semi-Detached Property, Downham Market

(For Sale with GoTo Properties)

 

3 Bed Semi-Detached House in Downham Market - For Sale with GoTo Properties with an Opening Bid of £220,000 (December 2023)

This three-bedroom, semi-detached townhouse is a ready-to-move-in excellent opportunity for a rental investment, boasting a chain-free status. Recently refurbished and fully redecorated by professionals, this energy-efficient property is situated in a tranquil residential area close to Downham Market’s schools and town centre.

The ground floor of the property features a spacious living/dining room, kitchen, and a convenient cloakroom. Two bedrooms and a family bathroom occupy the first floor, while the second floor houses a generously sized master bedroom with an en suite. With off-road parking, a garage, and an expansive rear garden, this residence offers ample outdoor space for gatherings.

The lot will be brought to auction by GoTo Properties with an Opening Bid of 220,000 on 5th December 2023.

1 Bed Bungalow, Ely

(For Sale with Cheffins Auctions)

1 Bed Bungalow in Ely - For Sale with Cheffins Auctions with a Guide Price of £130,000 (December 2023)

This one-bedroom mid-terrace bungalow is located in the city of Ely. While in need of comprehensive refurbishment, this bungalow provides buyers with the chance to enhance its value and refurbish it to their preferences. The accommodation includes an open-plan kitchen and lounge and there is a bedroom and a wet room.

The front boasts an enclosed garden with block paving and a garden shed, while the rear features a block-paved patio, a lawn area, and another garden shed.

The lot will be brought to auction by Cheffins Auctions on 13th December 2023 with a Guide Price of £130,000.

2 Bed Semi-Detached Property, Toft

(For Sale with Cheffins Auctions)

2 Bed Semi-Detached Property in Toft - For Sale with Cheffins Auctions with a Guide Price of £175,000 (December 2023)

This two-bedroom semi-detached bungalow is located in the Toft area in Cambridge. In need of extensive refurbishment and structural repair, this property boasts driveway parking in the front and an enclosed garden at the rear. The current layout comprises an entrance hall, a family bathroom, two bedrooms, a sitting room, a kitchen and a conservatory.

There is an off-road parking space and a single attached garage with an up-and-over door to the front. The rear garden features a lawn, a brick path, and interspersed beds. This would make a good buy-to-let property or a prime property for a first-time buyer.

The property is going to auction by Cheffins Auctions on 13th December 2023 with a Guide Price of £175,000.

Commercial Auction Properties – East Anglia

Former Church, Castle Camps

(For Sale with Cheffins Auctions)

Former Church in Castle Camps - For Sale with Cheffins Auctions with a Guide Price of £100,000 (December 2023)

This former church, built in 1856, is located within the Cambridgeshire village of Castle Camps. The property benefits from far-reaching views to the rear, and may offer the potential for alternative uses. The church is of brick construction with a single-storey rear brick extension also of brick construction. The building features a kitchen, a mains hall area and a cloakroom.

The first floor features a terraced mezzanine area and there are burial grounds to both the front and rear of the building.  The burial grounds remain open for burials and retain a right of way along the right-hand side of the building for access. The burial grounds back onto open fields and offers wonderful views to the rear.

The lot will be brought to auction by Cheffins Auctions on 13th December 2023 with a Guide Price of £100,000.

Former Sports and Social Club, Papworth Everard

(For Sale with Cheffins Auctions)

Former Sports and Social Club in Papworth Everard - For Sale with Cheffins Auctions with a Guide Price of £75-100,000 (December 2023)

This former sports and social club has most recently been used as a bar/restaurant, but it has been vacant since 2019. The property requires extensive renovation or replacement yet it offers an excellent opportunity for a business to establish a presence in the heart of this popular Cambridgeshire village. Positioned on Chequers Lane, the building comes with a spacious private parking area accommodating multiple vehicles.

The internal space includes a large bar area, a separate function room, a former Kitchen and utility area, a lobby, and male and female cloakrooms.  Outside, the property includes multiple front parking spaces and a walkway, offering a scenic view of the cricket ground and sports pitches to the rear.

The lot will be sold at auction by Cheffins Auctions on 13th December 2023 with a Guide Price of £75,000.

Former Hairdressers, Norwich 

(For Sale with Auction House East Anglia)

Former Hairdressers in Norwich - For Sale with Auction House East Anglia with a Guide Price of £80-100,000 (December 2023)

Situated in the coveted Golden Triangle in Norwich, this property, once a hairdresser’s, is now vacant and offers versatile possibilities. The ground floor features a main salon/retail area, kitchen, and cloakroom. The property includes a first-floor flat sold off on a long lease with ground rent, presenting an investment opportunity.

Nestled at the junction of Newmarket Street and York Road, this location in Norwich’s Golden Triangle is highly sought after, less than a mile from the city centre. Subject to planning permission, the shop holds potential for various alternative uses. With an open courtyard area outside, this property is poised for transformation and investment in one of Norwich’s prime residential areas.

The lot will be sold at auction by Auction House East Anglia on 13th December 2023 with a Guide Price of £80-100,000.

Former Dry Cleaners, Great Yarmouth

(For Sale with Auction House East Anglia)

Former Dry Cleaners in Great Yarmouh - For Sale with Auction House East Anglia with a Guide Price of £100-120,000 (December 2023)

This single-storey commercial property, complete with off-road parking, presents a compelling redevelopment opportunity. With a history as a dry cleaner, the property will be delivered with vacant possession, opening avenues for diverse potential uses, contingent upon obtaining the necessary consents.

The ground floor shop and premises which are located in the area of Caister-on-Sea in Great Yarmouth offer tons of potential for investors and developers who are looking for a commercial property in a strategic location with versatile possibilities.

The lot will be brought to auction by Auction House East Anglia on 13th December 2023 with a Guide Price of £100-120,000.

Bar/Restaurant with Manager Accommodation, Norwich

(For Sale with Auction House East Anglia)

Restaurant with Manager Accommodation in Norwich - For Sale with Auction House East Anglia with a Guide Price of £275-300,000 (December 2023)

At the core of Norwich city centre stands a significant freehold building, presently a bar/restaurant with manager accommodation. With granted consent for transformation into 7 letting rooms and a bar, this property was formally recognised as La Rouen and Bar 12. This vacant property encompasses a ground and first-floor bar and dining area, featuring a kitchen and customer toilets. The top floor houses a one-bedroom manager’s flat.

Approved for alternative use, the rear and upper floors are set for conversion into 6 ensuite living rooms and a one-bedroom studio apartment, while the remaining ground floor will persist as a bar. Boasting stunning views of the city skyline, including Norwich’s Norman Castle and Castle Mall Gardens, this enticing opportunity holds promise for a versatile and dynamic redevelopment at the heart of the city.

The lot will be brought to auction by Auction House East Anglia on 13th December 2023 with a Guide Price of £275-300,000.