February Auction Property Deals of the Month – East Anglia

This selection of residential and commercial properties will be going under the hammer in February 2025 across East Anglia.

Residential Auction Properties East Anglia

3 Bed Mid-Terrace House, Lowestoft

(For Sale with Auction House London)

3 Bed Mid-Terrace House in Lowestoft - For Sale with Auction House London with a Guide Price of £40,000 (February 2025)This freehold property is a three-bedroom mid-terrace house arranged over two floors. Located on a residential road, it offers convenient access to local shops, amenities, and the expansive Ness Park. Lowestoft railway station is nearby, providing excellent transport links. The ground floor comprises a reception room and a kitchen, while the first floor features three bedrooms and a bathroom.

Externally, the property benefits from a rear yard, offering outdoor space. This home presents a well-connected and comfortable living space in a desirable area, ideal for those seeking easy access to both local and broader transport networks.

The lot will be brought to auction with Auction House London on the 12th of February 2025 with a Guide Price of £40,000.

3 Bed Detached Property, March

(For Sale with Barnard Marcus Property Auctions)

3 Bed Detached Property in March - For Sale with Barnard Marcus Property Auctions with a Guide Price of £50,000 (February 2025)The village of Benwick, located on the B1093, lies approximately 9 miles southeast of March, with Peterborough 15 miles to the northwest and Ely 18 miles to the southeast. The property is situated within a residential area, offering a range of local amenities, with more extensive shopping and recreational options available in March, Peterborough, and Ely.

The A141 to the west provides excellent road links, while the A1(M) is also nearby. This detached, two-storey house extends to over 1,000 sq. ft. and requires some upgrading and modernisation. It offers three bedrooms, two reception rooms, a side driveway, and a rear garden.

Barnard Marcus Property Auctions will bring the lot to auction on the 3rd of February 2025 with a Guide Price of £50,000.

4 Bed Detached House, Wisbech

(For Sale with Auction House East Anglia)

4 Bed Detached House in Wisbech - For Sale with Auction House London with a Guide Price of £60,000 (February 2025)This freehold property is a four-bedroom detached house arranged over two floors. It is located on a residential road, offering convenient access to local shops and amenities, with the open spaces of Wisbech Park nearby. Shippea Hill rail station and the A47 provide excellent transport links. The ground floor comprises two reception rooms and a kitchen, while the first floor features four bedrooms and two bathrooms.

Externally, the property benefits from a rear garden and two outbuildings, offering additional storage space. This home provides a comfortable living environment in a well-connected and desirable location.

The lot will be brought to auction by Auction House East Anglia on the 12th of February 2025 with a Guide Price of £60,000.

2 Storey Residential Terrace Property, Kings Lynn

(For Sale with McHugh & Co Property Auctions)

2 Storey Residential Terrace Property in Kings Lynn - For Sale with McHugh & Co Property Auctions with a Guide Price of £50,000 (February 2025)Located off Gaywood Road, this terraced house is within proximity to the amenities of King’s Lynn Town Centre and transport links, including King’s Lynn Railway Station. The property requires modernisation and is arranged over two floors. The ground floor comprises a living room, kitchen, dining room, and bathroom/WC. On the first floor, three rooms are offering flexible accommodation options.

Externally, the property benefits from a garden at the rear. This home presents an opportunity to refurbish and personalise in a convenient location with easy access to local facilities and transport.

The lot will be brought to auction by McHugh & Co Property Auctions with a Guide Price of £125,000 on the 11th of February 2025.

2 Bed Mid-Terraced Property, Kings Lynn

(For Sale with Auction House East Anglia)

2 Bed Mid-Terraced Property in Kings Lynn - For Sale with Auction House East Anglia with a Guide Price of £70,000 (February 2025)This two-bedroom mid-terraced cottage requires refurbishment and is offered with vacant possession. The ground floor accommodation comprises a living room, kitchen/dining room, rear lobby, and bathroom, while the first floor features two bedrooms. Externally, there is parking to the front and a large garden at the rear.

The property is situated in the village of Magdalen, midway between King’s Lynn and Downham Market, both of which offer a range of shops and leisure facilities. Watlington, approximately one mile away, provides a mainline railway station with connections to Cambridge and London King’s Cross. The property is available on a freehold basis.

The lot will be brought to auction by Auction House East Anglia on the 12th of February 2025 with a Guide Price of £70,000.

Commercial Auction Properties – East Anglia

Mixed-Use Property, Great Yarmouth

(For Sale with Auction House East Anglia)

Mixed-Use Property in Great Yarmouth - For Sale with Auction House East Anglia with a Guide Price of £60,000 - £80,000 (February 2025)The property, formerly operated as Ivy’s Café for many years, enjoyed strong support from local trade. Situated off North Quay, near the newly built Herring Bridge on the south side of Great Yarmouth, the property offers excellent potential. The accommodation above the café requires complete refurbishment but could potentially be converted into two flats, subject to the necessary planning permissions.

The enclosed rear courtyard provides space for parking or storage. The freehold property includes a ground-floor restaurant with two seating rooms, a serving desk, a kitchen, a staff room, and a bathroom, as well as five rooms and a shower room on the first floor.

The property will be auctioned by Auction House East Anglia on the 12th of February 2025 with a Guide Price of £60,000-80,000.

Former Office with Development Potential, North Walsham

(For Sale with SDL Property Auctions)

Former Office with Development Potential in North Walsham - For Sale with SDL Property Auctions with a Guide Price of £110,000 (February 2025)This freehold former registration office, located on Kings Arms Street in North Walsham, Norfolk, is within walking distance of the railway station, bus links, and local amenities. The site extends to provide parking and includes a building area. The single-storey accommodation consists of offices, a main marriage room, a WC, a kitchen, and two garages.

Given the layout and location, there is potential for a change of use, subject to obtaining the appropriate planning consent—an excellent opportunity for redevelopment or repurposing, subject to the necessary approvals.

The lot will be brought to auction by SDL Property Auctions on the 6th of February 2025 with a Guide Price of £110,000.

Grade II Pub House with Development Potential, Stowmarket

(For Sale with Auction House East Anglia)

Grade II Pub House with Development Potential in StowMarket - For Sale with Auction House East Anglia with a Guide Price of £180,000 - £220,000 (February 2025)This substantial Grade II Listed public house, requiring refurbishment, is a prominent landmark located on the A140, approximately 13 miles from Ipswich. The property comprises including a bar, restaurant, games room, kitchen, manager’s flat, and seven bedrooms. To the side is a large car park, and the plot also includes a courtyard beer garden and a pond.

Currently operating under public house/restaurant status, there may be potential for alternative uses, subject to obtaining Planning Permission—a representation of an excellent redevelopment opportunity.

The lot will be auctioned by Auction House East Anglia on the 12th of February 2025 with a Guide Price of £180,000-220,000.

Mixed-Use Property, Wisbech

(For Sale with Barnard Marcus Property Auctions)

Mixed-Use Property in Wisbech - For Sale with Barnard Marcus Property Auctions with a Guide Price of £300,000 (February 2025)A commercial and residential property is located in the town centre of Wisbech. The ground floor comprises a commercial office, accessible from the Old Market, while the residential accommodation is accessed via a covered gated entrance at the side. The property spans three floors, with the first floor offering a kitchen, lounge, bedroom, and shower room.

The second floor includes three bedrooms and a bathroom. The basement features an open-plan kitchen/lounge, dining room/bedroom, and a Jack and Jill shower room. The property is to be sold with vacant possession.

The lot will be auctioned by Barnard Marcus Property Auctions on the 3rd of February 2025 with a Guide Price of £300,000.

3 Storey Mixed-Use Property, Diss

(For Sale with Acuitus Property Auctions)

3 Storey Mixed-Use Property in Diss - For Sale with Acuitus Property Auctions with a Guide Price of £300,000 (February 2025)The property is situated in a prime location on the east side of the pedestrianised Mere Street, in the heart of the town centre. It is 23 miles south of Norwich, 23 miles north of Ipswich, and 19 miles north of Bury St Edmunds, with easy access via the A1066, A14, and A12 roads. Diss Railway Station is nearby, and Norwich Airport is within reach.

The area is home to several well-known retailers, including Costa Coffee, Holland & Barrett, WHSmith, Boots, and Superdrug. This freehold property comprises a ground-floor shop with ancillary accommodation on the first and second floors, plus two private car parking spaces to the rear.

The lot will be brought to auction with Acuitus Property Auctions on the 13th of February 2025 with a Guide Price of £300,000.