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.
In this article, we present some of the most promising lots that offer investment potential across Greater London during December 2023. All of these auction properties vary in terms of sizes, locations and prices and are worth considering for your portfolio.
This one-bed ground floor flat is situated in London with good access to Willesden Junction. Inside, there is a lounge diner which is a versatile space and there is a modern fitted kitchen which has a door that opens to the rear private garden. Also the flat offers a double bedroom which offers a thoughtful layout.
The flat also offers a modern bathroom. There is convenient on-street parking with a residency permit ensuring hassle-free access. Proximity to local shops and amenities enhances the property’s appeal, providing convenience at your doorstep.
The lot will be brought to auction by Property Solvers Online Auctions with Bidding Ending on the 4th of December 2023 with an Opening Bid of £270,000.
This exquisite one-bedroom apartment in the sought-after Park Hill, London is an ideal buy-to-let opportunity for professionals seeking this sought-after property which is only a 10-minute stroll from Ealing Broadway station and close to the M4 which offers excellent connectivity to inner London. Located in the desirable Zone 3 area of London, there are several amenities and green spaces in the area.
Inside the property, there is a welcoming hallway which leads into the bright living area, a dining space and a study nook. There is also a modern kitchen and a contemporary bathroom. There is also a good sized one bedroom. With 111 years remaining on the lease, this is an appealing investment for couples, professionals and first-time buyers.
Property Solvers Online Auctions will bring the auction to an end on 20th December 2023 with an Opening Bid of £290,000.
This four-bedroom terraced townhouse in London was refurbished in 2018 and is now presented in pristine condition. Spanning three floors, it provides spacious and private living for families or professionals seeking a property in the south of London.
Entering on the upper ground floor, bedrooms 2 and 3 offer well-proportioned spaces for storage and relaxation. Descending to the lower ground floor reveals a modern, fully equipped open-plan kitchen/lounge area, ideal for entertaining. The family bathroom on this floor adds convenience. Access to a private rear garden enhances outdoor enjoyment. On the first floor, there is a master bedroom with an en-suite bathroom while an additional bedroom is perfect for guests or a home office.
The lot will be brought to auction by GoTo Properties on 21st December 2023 with an Opening Bid of £650,000.
Presenting a one-bedroom first-floor flat with potential in Wandsworth, this property requires modernisation but offers vacant possession. With outdoor space, this flat offers a section in the rear garden. Situated within a two-storey end-of-terrace building, it holds promise for further expansion with a potential roof/loft extension, subject to necessary consent.
Conveniently located for the sought-after amenities of Wandsworth, this property presents an opportunity for development for investors. This first-floor flat needs modernisation with an extension that adds to its appeal. An ideal property offers room for improvement with future expansion possibilities
The lot will be brought to auction by Savills Property Auctions on 13th December 2023 with a Guide Price of £350,000.
This three-bedroom end-of-terrace house is located in Becket Avenue, London. This property offers a comfortable and spacious living arrangement in a convenient London location. With three bedrooms, it provides ample space for families or individuals seeking a well-located and practical home.
Whether you’re looking for a family residence or an investment opportunity, this house on Becket Avenue holds potential. Its London location ensures proximity to various amenities, transportation links, and the vibrant offerings of the city, providing a balanced lifestyle.
The lot will be brought to auction by Modern Method of Auction vendor iamsold on 13th December 2023 with a Current Bid of £350,000.
This freehold vacant commercial unit is available for a 6-week completion and is strategically positioned near the Crondall Street junction in a bustling commercial and residential zone, surrounded by various local traders. Situated around 1/2 a mile from Old Street Station on the Northern Line and is less than 1/2 a mile from Hoxton Overground Station. This property offers convenient access to key transport hubs and Hoxton, approximately 3 miles northeast of central London, provides a dynamic urban setting.
Forming part of a mid-terraced building, the property encompasses a ground-floor commercial unit with front and rear access. This commercial unit presents an attractive opportunity for those seeking a well-located and flexible commercial space in London.
The lot will be brought to auction by Barnett Ross Auctions with a Guide Price on 14th December 2023 with a Guide Price of £100,000.
Situated in Penge, this freehold shop with upper parts is located in a sought-after suburb nestled between Crystal Palace and Beckenham, which lies approximately 9 miles south of central London. Conveniently accessed via the A234 and A213 roads, it enjoys proximity to the M25 Motorway. Penge East and Penge West Rail Stations offer swift connections to London Victoria and London Bridge.
The property is located on the west side of Maple Road near High Street and is located near established businesses like Tesco Express, William Hill, Superdrug, and Halifax. Planning applications have been submitted in November 2023 to reconfigure the property into a ground floor commercial unit with a self-contained 2-bedroom maisonette above, featuring an additional home gym/office in the rear garden. With redevelopment potential, including converting the existing garage, the upper parts were formerly a hairdresser’s.
The lot will be brought to auction by Allsop Auctions on 12th December 2023 with a Guide Price of £275-300,000.
Located in Chiswick, an esteemed inner London suburb, this commercial unit is positioned 6 miles west of Central London, offering an affluent lifestyle. The property enjoys a strategic location within 150 meters of Stamford Brook Underground which is located on the District Line, providing excellent connectivity.
Situated on the north side of King Street at its junction with Goldhawk Road, the property’s neighbours include a Sainsbury’s Local and an array of local establishments. Comprising both freehold and leasehold components, the leasehold is held for 100 years from December 1995 with an annual ground rent of £14,400. The shop is leased until 2027 with no breaks and the vacant first floor presents residential potential, subject to consent.
The lot will be brought to auction by Allsop Auctions on 12th December 2023 with a Guide Price of £350-375,000.
This vacant detached workshop/garage in Hendon is available as a freehold and comes with planning permission for conversion and a change of use. The proposed transformation includes extending the ground floor for office space and adding a first-floor studio flat. Situated behind a parade of shops with access via a service road driveway, the location is convenient and close to local amenities and Hendon Park’s open spaces. Transport links are easily accessible through Hendon Central underground station which is located on the Northern Line.
Planning permission has been approved for a first-floor mansard roof extension providing both office space on the ground floor and a studio flat at the first-floor level.
The lot will be brought to auction by Auction House London on 6th December 2023 with a Guide Price of £475,000.
This three-story corner building in Plaistow is strategically positioned for development potential and features a spacious commercial unit, a 2-bed flat, and a rear workshop. Under the same ownership for over 40 years, this property holds substantial development prospects subject to planning permission. A positive pre-application has already been conducted for a scheme comprising four flats while retaining the ground-floor commercial unit.
The accommodation includes a generously sized shop area on the ground floor, with a rear section, followed by a lounge, kitchen, and rear workshop on the first floor. The second floor features two bedrooms and a bathroom. The property sits prominently at the corner of Barking Road and Ingal Road, offering good road frontage. Located in Plaistow, it is well-connected to surrounding areas, with the town centre just half a mile away.
The lot will be brought to auction by Auction House Essex & Kent on 11th December 2023 with an Opening Bid of £600,000.
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