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 East Midlands auction properties present outstanding opportunities for investors, offering a diverse selection of commercial and residential assets up for bidding in February 2025.
This vacant one-bedroom terraced house on Quadring Road, Donington, Spalding, Lincolnshire, offers excellent potential. The ground floor comprises an entrance hall, living room, and kitchen, while the first floor includes a double bedroom and a bathroom. The property benefits from on-street parking at the front and an enclosed rear yard.
Conveniently situated on a residential road and close to local shops, amenities, and Donington Village Park. Transport links are easily accessible via the A52 to the north. It presents a promising investment opportunity with an expected rental income of £800 per calendar month.
Auction House South Yorkshire will bring the lot to market on the 2nd of February 2025 with a Guide Price of £20,000-60,000.
This mid-terraced property, located on Breach Road, Coalville, Leicestershire, offers excellent potential and needs modernisation. The ground floor features a hall, reception room, and kitchen, while the first floor comprises a landing, three bedrooms, and a shower room with WC. Outside, the property benefits from a rear garden, providing additional outdoor space. The property presents an ideal opportunity for buyers seeking to refurbish and add value in a well-connected area.
Bond Wolfe Property Auctions will bring the lot to auction on the 6th of February 2025 with a Guide Price of £40,000.
This two-bedroom first-floor maisonette on Abbey Road, Edwinstowe, Mansfield, offers an excellent refurbishment opportunity. The property requires modernisation and features well-proportioned accommodation, including a reception room, two bedrooms, a kitchen, and a bathroom with WC. Externally, the maisonette benefits from a private rear garden, providing valuable outdoor space.
It is situated in a convenient location and presents an ideal project for those looking to update and personalise a property. With its potential for enhancement, this maisonette is an excellent opportunity for investors or first-time buyers seeking to create a comfortable home.
The lot will be brought to auction by Probate Auction & Resi Auction on the 12th of February 2025 with a Guide Price of £50,000.
In the desirable village of Holymoorside, Heather Way offers a three-bedroom property featuring partial uPVC double glazing and gas central heating (not tested). Ideal for owner-occupiers or investors, the property has an estimated rental income of £800–£900 per calendar month. The ground floor includes an entrance hall, a spacious lounge with a solid fuel log burner, a kitchen with fitted units, a utility room, and a downstairs WC. Upstairs are three bedrooms and a bathroom with a bath, WC, and basin.
The property benefits from gardens to the front and rear.
Auction House Chesterfield & North Derbyshire will bring the lot to auction on the 11th of February 2025 with a Guide Price of £60,000.
This freehold property requires a comprehensive repair and improvement programme. It is appealing to both owner-occupiers and investors, with a potential rental income of £900–£950 per calendar month once refurbished. The ground floor features an entrance hall with stairs to the first floor, a lounge, a dining room with access to the rear garden, and a kitchen equipped with a sink/drainer, storage cupboard, and side entrance.
Upstairs are three bedrooms and a bathroom with a bath, WC, and washbasin. Outside, the property offers generous front and rear gardens and a driveway to the side.
The property will be brought to market by Auction House Chesterfield & Derbyshire on the 11th of February 2025 with a Guide Price of £65,000.
This single-storey, brick-built detached property, previously utilised as a salon, offers forecourt parking and excellent potential for various uses, subject to the necessary consent. The accommodation consists of two main rooms, an office and store, a kitchen, and a WC, all requiring general upgrading.
Positioned within a sizeable residential estate in Calow, the property is conveniently located just under 2 miles east of Chesterfield town centre and near Chesterfield Royal Hospital. Situated on North Road, off Church Lane, the property is on the right-hand side, just before Church Side, offering easy access and visibility.
The lot will be brought to auction by Pugh Auctions on the 26th of February 2025 with a Guide Price of £40,000.
This freehold property comprises a ground-floor retail unit with vacant possession and a spacious first-floor one-bedroom flat, ideally situated in the heart of Mansfield Woodhouse High Street. The retail space includes a sales area and WC. The first-floor flat features a living room, kitchen, and WC, offering comfortable accommodation.
The property benefits from secured gated access to a large private rear yard with parking for 4–5 vehicles. Located near prominent retailers such as Farmfoods, Lloyds Pharmacy, Ladbrokes, and Morrisons, this is an excellent opportunity for owner-occupiers, developers, or investors seeking a versatile mixed-use property.
The lot will be brought to auction by Auction Estates on the 20th of February 2025 with a Guide Price of £95,000.
This attractive stone-built inner terrace, located in the heart of Dronfield, offers adaptable accommodation over three levels. Previously used by a picture framer, the vacant property holds potential for various uses, including residential, subject to the necessary consent. Situated on the A61, Dronfield provides excellent transport links between Sheffield and Chesterfield, with convenient road and rail access.
The property is prominent near the town centre and within walking distance of the train station. It features a rear garden/yard with a right of way and potential for off-street parking.
Pugh Auctions will bring the lot to auction on the 26th of February 2025 with a Guide Price of £90,000.
This substantial freehold former Bingo Hall, located in the heart of Ilkeston town centre, offers a rare opportunity for various alternative uses (subject to planning). The property features a prominent and iconic building with approximately 10,000 sq ft of space and a large adjacent car park at the corner of South Street and Coronation Street.
The layout includes a foyer with WC facilities, staff offices, and a cloakroom, opening into a spacious central hall with ancillary rooms. Opposite Snap Fitness and Hogarths Pub, the property is near Market Place, Bath Street retail centre, and the town ring road.
Auction Estates will bring the lot to auction on the 20th of February 2025 with a Guide Price of £125,000.
This freehold mixed-use two-storey former public house with a basement offers excellent development potential, subject to planning permission. The property requires complete renovation including a car park and a yard. Prominently situated at the junction of London Road (A515) and High Street (B5059), it lies on the edge of Buxton town centre, just 500 metres south of the town centre and railway station.
This property represents an exciting opportunity with the potential for conversion into residential apartments.
Auction House North West will bring this property to auction on the 12th of February 2025 with a Guide Price of £140,000.
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