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.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
These auction properties in the East Midlands present significant potential for investors, with both commercial and residential properties available at auction throughout December 2024.
This two-bedroom mid-terrace home offers great potential for those looking to add value. The property comprises a front lounge, dining room, kitchen, two double bedrooms, and a family bathroom. To the rear, there is a private garden, while the front offers on-street parking.
SDL Property Auctions will bring the lot to market on the 10th of December 2024 with a Guide Price of £10,000.
This vacant freehold three-storey end-terraced property is located at 24 Derby Street, Mansfield, Nottinghamshire, set back from the road with a fore garden. The accommodation comprises two reception rooms and a kitchen on the ground floor, with a landing, two bedrooms, and a bathroom/WC on the first floor. The second floor offers an additional bedroom.
The property benefits from a gas-fired central heating system and UPVC double glazing, though it needs modernisation throughout. Externally, the property features gardens to the front and rear, offering potential for landscaping and further development. This presents an ideal project for investors or homeowners.
Bond Wolfe Property Auctions will bring the lot to auction on 11th December 2024 with a Guide Price of £20,000.
This four-bedroom end-of-terrace property, spread over three floors, requires improvement and offers a fantastic opportunity for a developer to add value and flip for profit or a landlord seeking a small refurbishment project to add to their portfolio, with an expected rental income of £800 per month (£9,600 per year).
The lot will be brought to auction by Auction House Notts & Derby on 9th December 2024 with an Opening Bid of £21,000.
The property requires modernisation and is arranged over two floors. The first floor comprises three bedrooms, a bathroom, and a separate WC. The ground floor includes an entrance hall, reception room, and kitchen. Externally, there is a front garden and a garden at the rear. The property is offered with vacant possession, providing an excellent opportunity for those looking to refurbish and personalise.
Located off Dorset Drive, this semi-detached house is conveniently close to local shopping facilities and just a short drive from Chesterfield Town Centre, which offers a range of amenities, including Chesterfield Train Station.
McHugh & Co Property Auctions will bring the lot to auction on the 10th of December 2024 with a Guide Price of £30,000.
This three-bedroom mid-terrace house is arranged over the ground and two upper floors. The ground floor comprises a reception room and kitchen, while the first floor features a bedroom and bathroom. The second floor is home to two additional bedrooms.
The property will be brought to market by Auction House London on 11th December 2024 with a Guide Price of £45,000.
This vacant freehold three-storey retail property, located at 4 Nottingham Road, Eastwood, Nottingham, requires modernisation and offers significant potential for conversion. The upper floors could be converted into flats, providing an opportunity for residential development. The end-of-terrace property is positioned on a prominent corner plot, enhancing its visibility. The ground floor currently comprises retail premises, while the two upper floors offer additional accommodation.
The lot will be brought to auction by SDL Property Auctions on 10th December 2024 with a Guide Price of £45,000.
The former Three Tuns Pub is a freehold property with significant development potential, located in a prominent position on Ingoldmells High Street, a picturesque coastal village near Skegness. The property is arranged across the ground and first floors, offering excellent visibility in a popular tourist area. Previously, planning consent was granted for conversion into four houses, and the property is believed to be suitable for similar development (subject to obtaining the necessary consent).
The lot will be brought to auction by Savills Property Auctions on the 11th of December 2024 with a Guide Price of £60,000.
Located on Station Road, this ground-floor commercial property was previously a popular hardware shop and includes the added benefit of a one-bedroom flat above. The shop features an electric roller shutter for security and offers the potential to continue as a hardware store or be re-let as a high-street unit. To the rear of the shop is a kitchen and WC, both requiring some modernisation.
iamsold will bring the lot to auction on the 13th of December 2024 with a Guide Price of £68,000.
Previously run as a newsagent and now available with vacant possession, the detached property features a 61 sqm commercial space with a storeroom, cloakroom W.C., and side access. The residential accommodation includes a spacious lounge, dining room, breakfast kitchen, four bedrooms, and a family bathroom. Externally, there is a low-maintenance rear garden, garage, and driveway parking. Conveniently located for commuters and attractions such as Metheringham Airfield Visitor Centre, the property is close to shops, schools, and other amenities.
Barnard Marcus Property Auctions will bring the lot to auction on the 17th of December 2024 with a Guide Price of £180,000.
This freehold property, located on a bustling pedestrianised high street, features a ground floor retail space let to Merkur Slots UK Limited (trading as Cashino) under a lease expiring in 2041 with no break clauses. The upper floors previously held planning consent for conversion into apartments, providing potential for future development, subject to renewed approval.
The property benefits from its prime location, offering strong footfall and visibility in a thriving commercial area. With secure income from a well-established tenant and the opportunity to explore residential development, this investment presents both immediate and long-term appeal.
Allsop Property Auctions will bring this property to auction on 11th December 2024 with a Guide Price of £300,000.
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