February Auction Property Deals of the Month – East Anglia

We have discovered some of the best properties up for auction in East Anglia in February 2024. These property deals coming to auction have investment potential and vary in terms of size, location and price.

Residential Auction Properties East Anglia

3 Bed Detached Property, Huntingdon

(For Sale with Connect UK Auctions)

3 Bed Detached Property in Huntingdon - For Sale with Connect UK Auctions with a Guide Price of £150,000 (February 2024)

This three-bedroom detached property was formally part of St. Helen’s Primary School and is located in the Cambridgeshire village of Bluntisham. Ideal for those seeking a project, the house requires modernisation throughout, presenting significant future potential, subject to obtaining the necessary consent.

The property comprises an entrance hall, kitchen, reception room, three bedrooms, bathroom, WC, garage, and a private garden. Situated approximately 8 miles east of Huntingdon, Bluntisham enjoys proximity to Earith, Colne, Woodhurst, and Somersham. With an idyllic village location, this offers a good rental opportunity for an investor.

The lot will be brought to auction with Connect UK Auctions on 20th February 2024 with a Guide Price of £150,000.

5 Bed Mid Terrace House, Great Yarmouth

(For Sale with Brown & Co Auctions)

5 Bed Mid Terrace House in Great Yarmouth - For Sale with Brown & Co Auctions with a Guide Price of £130-150,000 (February 2024)

This three-story, five-bedroom mid-terraced house previously tenanted for several years is now available for purchase. The residence offers basic comfort and offers an opportunity for enhancement and modernisation. The property boasts a courtyard-style rear garden and a front garden.

Situated in the vibrant coastal resort of Great Yarmouth, the dwelling benefits from proximity to numerous shopping facilities and amenities. The potential for improvement means this property is a valuable opportunity for prospective homeowners or investors who are hoping to develop and add value to a property.

The lot will be brought to auction by Brown & Co Auctions on the 20th of February 2024 with a Guide Price of £130-150,000.

3 Bed End Terrace House, Kings Lynn

(For Sale with Brown & Co Auctions)

3 Bed End Terrace House in Kings Lynn - For Sale with Brown & Co Auctions with a Guide Price of £70-90,000 (February 2024)

This end-terrace house offers three bedrooms and has served as a rental property for an extended period but is now available for purchase in an unoccupied state, ready to be let out or to purchase as a first-time buyer. The residence is ready for improvement and refurbishment.

The front and rear gardens offer an opportunity for landscaping and enhancement. Nestled on Woodward Avenue just north of the town centre of Kings Lynn, this property enjoys a convenient location in proximity to a diverse array of facilities and amenities. The house invites prospective buyers to invest in its potential for refurbishment and to capitalize on its ideal location near the heart of town.

The lot will be brought to auction by Brown & Co Auctions on 20th February 2024 with a Guide Price of £70-90,000.

3 Bed Semi-Detached Property, Downham Market

(For Sale with GoTo Properties)

3 Bed Semi-Detached Property in Downham Market - For Sale with GoTo Properties with a Current Bid of £210,000 (February 2024)

Whether you’re looking for a comfortable residence or a rental investment, this three-bedroom semi-detached townhouse is an ideal choice in Downham Market. The property is nestled in a tranquil residential area near local schools and Downham Market’s town centre. The ground floor features a spacious living/dining room, kitchen, and cloakroom. On the first floor, you’ll find two bedrooms and a family bathroom, while the second floor hosts a generous master bedroom with an en suite.

Additional advantages of the property include off-road parking, a garage, and an expansive rear garden. The property is offered with no upper chain. Downham Market, one of Norfolk’s historic market towns, offers easy access to London Kings Cross via its mainline railway station.

The lot will be brought to auction by Modern Method of Auctioneer GoTo Properties with a Current Bid of £210,000 on 17th February 2024.

2 Bed Detached House, Thetford

(For Sale with Network Auctions)

2 Bed Detached House in Thetford - For Sale with Network Auctions with an Opening Bid of £159,000 (February 2024)

Nestled in an established residential street, this two-bedroom detached house is a promising opportunity for refurbishment.  The property, in need of modernisation, presents a frontage of 80 ft along the road and there is vast potential for extension or enhancement of the existing dwelling and outbuildings, depending on obtaining planning permission.

The ground floor features an entrance hall, cloakroom/WC, sitting room, kitchen, bathroom, and conservatory. The first floor encompasses a landing and 2 bedrooms. External amenities include gardens, a driveway, and two brick outbuildings, comprising a spacious garage and a workshop.

The lot will be brought to auction by Network Auctions on 8th February 2024 with an Opening Bid of £159,000.

3 Bed Detached Bungalow, Woodbridge

(For Sale with Clarke & Simpson Auctions)

3 Bed Detached Bungalow in Woodbridge - For Sale with Clarke & Simpson with a Guide Price of £200,000 (February 2024)

This detached three-bedroom bungalow presents an opportunity for complete modernisation in the area of Charsfield. The property, believed to have originated in the late 1950s offers a porch, a hallway, a kitchen, a sitting room, three bedrooms, and a bathroom. In need of general refurbishment, value could be added to the bungalow with several improvements. Offering off-road parking, a garage, and the potential for development, subject to planning permission, this is a great opportunity.

Situated on Monewden Road in Charsfield, the property enjoys proximity to picturesque walks and public footpaths. Nearby amenities include a primary school, while Framlingham, Wickham Market, Woodbridge, and Ipswich are all easily accessible. Both Framlingham and Woodbridge boast reputable schools in both the state and private sectors.

The property is going to auction by Clarke & Simpson Auctions on 7th February 2024 with a Guide Price of £200,000.

Commercial Auction Properties – East Anglia

Restaurant with 2 Bed Flat, Norwich

(For Sale with Auction House East Anglia)

Restaurant with 2 Bed Flat in Norwich - For Sale with Auction House East Anglia with a Guide Price of £130-150,000 (February 2024)

This mixed-use property offers a vacant restaurant with a two-bedroom flat above, both in need of refurbishment and offers buy-to-let opportunities. The deceptively spacious mid-terraced property spans four floors. Formerly operating as the Prince of India, the restaurant and the sizable two-bedroom flat are now available with vacant possession.

The flat can be self-contained, featuring a separate entrance to the left of the restaurant. Situated within the Norwich City Centre conservation area, the property occupies a strategic location between the city centre and the train station, in the heart of the main nightlife area. This versatile property presents an opportunity for restoration and potential business development.

The lot will be brought to auction by Auction House East Anglia on 7th February 2024 with a Guide Price of £130-150,000.

Grade II Listed Former Office Premises, Kings Lynn

(For Sale with Auction House East Anglia)

Grade II Listed Former Office Premises in Kings Lynn - For Sale with Auction House East Anglia with a Guide Price of £250,000 (February 2024)

Nestled in the heart of King’s Lynn town, this Grade II listed freehold property is a three-storey late 18th-century gem, that was recently used as office space. The conveniently located building is currently vacant, presenting an opportunity for residential conversion, subject to planning.

With well-maintained ground and first floors boasting ample storage, the property features two rooms, toilets, a kitchen with a dining area, and a spacious open-plan room on the first floor. The second floor, though providing additional space, requires comprehensive modernisation. The rear courtyard comes complete with a substantial purpose-built shed. The property, with its central location, holds potential for transformation, whether for residential purposes or alternative uses, making it a valuable investment opportunity in the heart of King’s Lynn.

The lot will be auctioned by Auction House East Anglia on 7th February 2024 with a Guide Price of £250,000.

Former Methodist Church, Sutton

(For Sale with Auction House East Anglia)

Former Methodist Church in Sutton - For Sale with Auction House East Anglia with a Guide Price of £125-135,000 (February 2024)

This former Methodist church is situated in an enviable location within the sought-after village of Sutton near Stalham. Holding significant potential for residential conversion, subject to necessary planning permissions, the spacious period building comprises an entrance lobby, store room, chapel, kitchen, meeting area, inner hall, and W.C., including facilities for disabled access.

The property’s external features include a gravelled parking area to the front and side, providing convenience for occupants, along with a timber shed offering additional storage space. This unique property, with its historical charm and versatile layout, presents an exciting prospect for those seeking a residential transformation in the desirable locale of Sutton within the Broads.

The lot will be auctioned by Auction House East Anglia on 7th February 2024 with a Guide Price of £125-135,000.

Commercial Building with Potential for Development, Great Yarmouth

(For Sale with Barnard Marcus Auctions)

Commercial Building with Potential for Development in Great Yarmouth - For Sale with Barnard Marcus Auctions with a Guide Price of £25,000 (February 2024)

Offering vacant possession, this commercial building is located in a town centre location in Great Yarmouth and holds significant potential for redevelopment, subject to planning permission. Positioned at the rear of King Street, a popular shopping destination, the property’s ideal location makes it suitable for conversion to residential use, mirroring the neighbouring plot which is currently undergoing flat development.

The property is presented for sale as a freehold and offers various development opportunities. Nestled in the seaside town of Great Yarmouth, it provides easy access to local amenities and convenient public transport links to Norwich City Centre, enhancing its appeal for potential investors or developers.

The lot will be brought to auction by Barnard Marcus Auctions on 6th February 2024 with a Guide Price of £25,000.

Commercial Unit, Thetford

(For Sale with Barnard Marcus Auctions)

Commercial Unit in Thetford - For Sale with Barnard Marcus Auctions with a Guide Price of £275,000 (February 2024)

This vacant commercial unit is located in the town centre of Thetford and presents an enticing opportunity for potential conversion, subject to obtaining planning permission. The premises were most recently used as office and workshop space for technology business and are now available for sale with vacant possession.

The property’s adaptability is underscored by its potential for conversion to residential use, adding further value contingent on the necessary planning approvals. Thetford, strategically positioned on the A11 between London and Norwich, provides convenient access to both cities and boasts a full range of amenities, including schools, shops, and public transport links to London.

The lot will be brought to auction by Barnard Marcus Auctions on 6th February 2024 with a Guide Price of £275,000.