December Auction Property Deals of the Month – Newcastle and the North East

These properties in Newcastle and the North East offer great investment potential. Varying in size, design and location, you will find a wide range of commercial and residential properties up for auction up for auction during December 2023.

Residential Auction Properties Newcastle and the North East

2 Bed Terrace House, Chester Le Street

(For Sale with GoTo Properties)

2 Bed Terrace Property in Chester Le Street - For Sale with GoTo Properties with an Opening Bid of £100,000 (December 2023)

This two-bedroom terraced house is a perfect opportunity for first-time buyers or those considering a buy-to-let investment. Featuring generously sized rooms, the property is well-located in the Chester Le Street area. The layout includes an entrance leading to a lounge, dining room, kitchen, two bedrooms, and a bathroom.

Additionally, the property offers a rear yard, providing an outdoor space for residents. Whether you’re looking to step onto the property ladder or seeking a lucrative investment, this residence combines practicality with a favourable location. With its ample living spaces, gas central heating, and double glazing, it presents a comfortable and appealing option for those entering the property market or expanding their investment portfolio.

The lot will be brought to market by GoTo Properties on the 8th of December 2023 with an Opening Price of £100,000.

3 Bed Semi-Detached House, South Shields

(For Sale with GoTo Properties)

3 Bed Semi-Detached House in South Shields - For Sale with GoTo Properties with an Opening Bid of £150,000 (December 2023)

Situated in the South Shields area, this property offers an exciting opportunity for an investor. Whether you want to rent the property out or refurbish the property to add value, this three-bedroom semi-detached house offers tons of potential.

Inside the property, there are good-sized living spaces, a kitchen and three bedrooms. There is also a paved garden and a driveway to the front. The property is located with good amenities within reach in South Shields.

The lot will be brought to auction by GoTo Properties on the 21st of December 2023 with an Opening Bid of £150,000.

3 Bed Terrace House, Blyth

(For Sale with GoTo Properties)

3 Bed Terrace House in Blyth - For Sale with GoTo Properties with an Opening Bid of £65,000 (December 2023)

This freehold property, offered with no upper chain, offers an outstanding investment home and a great opportunity for first-time buyers. Situated near local amenities with convenient access to major road links, this three-bedroom terraced home is well-maintained and promises an excellent rental prospect. The residence has been meticulously cared for and is an ideal choice for first-time buyers or landlords.

The interior features an open-plan living/dining area leading to a modern kitchen space with access to the rear yard. Upstairs, three generously sized bedrooms and a well-maintained bathroom suite enhance the property’s appeal.

The lot will be brought to auction by GoTo Properties on 21st December 2023 with an Opening Bid of £65,000.

2 Bed End Terrace Property, Willington

(For Sale with Auction North)

2 Bed End Terrace Property in Willington - For Sale with Auction North with an Opening Bid of £40,000 (December 2023)

This 2-bedroom end-of-terrace property is located in the former mining village of Willington, west of the A1 (M), ensuring excellent transport links to the North East‘s major commercial centres. The village features a noted secondary school, a supermarket, and various independent shops, cafes, and bars.

Inside the property, there is a lounge and a well-proportioned kitchen diner. The first floor houses a family bathroom and 2 double bedrooms. The rear of the house offers an enclosed courtyard with gated access. Offered with no onward chain, this property is suitable for various buyers and warrants early viewing.

Auction North will end the auction on 19th December 2023 with an Opening Bid of £40,000.

1 Bed Apartment, Gateshead

(For Sale with iamsold)

1 Bed Apartment in Gateshead - For Sale with iamsold with a Starting Bid of £50,000 (December 2023)

Situated within the Friars Wharf Development along the River Tyne, this second-floor one-bed apartment offers an ideal location with proximity to both Gateshead and Newcastle city centres and convenient access to local transport links.

The well-presented accommodation comprises an entrance hall, a double bedroom, a bathroom with shower over bath, and an open plan living/dining area with a fitted kitchen. Patio doors open onto a balcony area, providing a pleasant outdoor space. Boasting a spacious and thoughtfully designed layout, this apartment is a desirable residence, benefiting from modern amenities and the scenic surroundings of the River Tyne.

The property will be brought to market by modern method of auctioneer iamsold on the 19th of December 2023 with an Opening Bid of £50,000.

Commercial Auction Properties – Newcastle and the North East

Two Storey Retail Unit, Redcar

(For Sale with SDL Property Auctions)

Two Storey Retail Unit in Redcar - For Sale with SDL Property Auctions with a Guide Price of £250,000 (December 2023)

Presenting a two-story retail property on High Street, Redcar, this versatile space provides opportunities for conversion into a mixed-use facility, retention in its current state, or reconfiguration into smaller units, all subject to planning permission. The property, offered with vacant possession upon completion, is a freehold opportunity.

The first floor encompasses a retail area, office, internal storage, and kitchen, while the ground floor features distinct retail zones, a kitchen, and internal storage. This expansive property, with its strategic location, offers potential for various ventures.

The lot will be brought to auction by SDL Property Auctions on 19th December 2023 with a Guide Price of £250,000.

Former Barbers, Consett

(For Sale with Hunters Auctions)

Former Barbers in Consett - For Sale with Hunters Auctions with a Guide Price of £30,000 (December 2023)

This commercial property, formerly a barbershop, comprises an entrance lobby, reception area, back lobby, downstairs WC, and access to the rear yard upon entry. The first floor accommodates two additional rooms. Enjoying a central location in the heart of Consett, this premises offers strategic positioning for various business endeavours.

The layout provides flexibility for potential uses, and the property’s historical function as a barbershop adds to its appeal. The well-organised space on both levels, combined with the convenience of a central location, enhances the property’s attractiveness for businesses seeking a prominent presence in Consett.

Hunters Auctions will bring the lot to auction on 15th December 2023 with a Guide Price of £30,000.

Retail Unit, Stockton-on-Tees

(For Sale with iamsold)

Retail Unit in Stockton-on-Tees - For Sale with iamsold with a Starting Bid of £100,000 (December 2023)

Offering a freehold retail unit, previously used as a restaurant, this property comes with the option to include a fully equipped kitchen and fixtures and fittings, making it adaptable for various uses subject to planning permission. Positioned excellently next to The Hampton Hotel and a brief walk from The Globe on Stockton High Street, the premises feature a ground-floor restaurant with a fully equipped kitchen and customer WC.

The first floor includes a bathroom/utility room, WC, storage room, lounge, and bedroom, while the second floor hosts an attic room. Surrounding businesses include a general store, hairdressers, cafe, and serviced office accommodation. Conveniently accessible, Stockton on Tees enjoys excellent rail and road links, providing easy access to the A19 and A66, enhancing the property’s appeal for diverse commercial ventures.

The lot will be sold at auction by iamsold on 14th December 2023 with a Starting Bid of £100,000.

Former Hospital with Development Potential, Guisborough

(For Sale with Allsop Auctions)

Former Hospital with Development Potential - For Sale with Allsop Auctions with a Guide Price of £395,000 (December 2023)

This former hospital site is located in Guisborough. The site is bordered by roads on three sides, with Northgate to the west, Bolckow Street/Church Lane to the north, and Walkers Row to the south. Located approximately 0.5 miles northeast of Guisborough town centre, it offers access to a range of facilities, with additional amenities in Middlesbrough about 10 miles away to the northwest. Nunthorpe station, approximately 5.5 miles to the east, provides regular services to Middlesbrough and Newcastle.

The site, covering approximately 0.64 hectares, features a Grade II Listed sandstone former workhouse, sandstone east wing terraces, a two-storey red brick building, and an additional two-storey red brick cottage. There are courtyards, along with a grass-covered garden to the rear of the cottage. Vehicular access is available from Northgate and Church Lane, with parking along the northern and southwestern boundaries.

Allsop Auctions will bring the lot to auction on 14th December 2023 with a Guide Price of 395,000.

Former Methodist Church, South Shields

(For Sale with Agents Property Auction)

Former Methodist Church in South Shields - For Sale with Agents Property Auction with an Opening Bid of £180,000 (December 2023)

This substantial Gothic-style building, a former Methodist Church built around the turn of the 20th century, offers a remarkable opportunity for both commercial and residential purposes. Connected internally to a two-storey terraced house, the property, if converted back into a self-contained terrace house, could yield a rental income of approximately £750 per month.

The original accommodation includes an entrance lobby, hall, two reception rooms, kitchen, utility room on the ground floor, and three bedrooms with a W.C. on the first floor. The property sits on approximately 0.18 acres, primarily surrounded by residential properties. Formerly a place of worship and a community hub offering daycare and recreational activities, the property retains original features such as stained glass windows. While it has undergone some maintenance, it requires attention internally.

Agents Property Auction will bring this property to market on the 12th of December 2023 with an Opening Bid of £180,000.