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.
Explore these residential and commercial properties set to go under the hammer in Newcastle and the North East this February 2025. Offering outstanding investment potential, these properties are situated in various sought-after locations and come in a range of sizes.
This two-bedroom mid-terraced home offers an excellent opportunity for buy-to-let investors. In need of full refurbishment, the property is priced to reflect the necessary works. The accommodation includes an entrance vestibule, lounge, kitchen, and bathroom on the ground floor, with two bedrooms on the first floor. This property is ideal for those looking for a renovation project.
Conveniently located near local amenities, schools, the town centre, marina, and retail park, it offers strong rental potential once restored. This property is sure to attract interest from investors seeking a value-adding opportunity.
The lot will be brought to market by Auction House North East on the 11th of February 2025 with a Guide Price of £22,500.
This delightful two-bedroom mid-terrace cottage, nestled in the sought-after Somerset Cottages area of Silksworth, offers an excellent opportunity for small families or investors. Priced attractively at £70,000 (ONO), the property features a welcoming entrance hall, a cosy lounge with a charming brick fire surround, and a well-equipped kitchen with fitted units.
The shower room, separate WC, and two bedrooms provide practicality and comfort, with the primary bedroom offering fitted wardrobes. The charming front garden enhances curb appeal, while the private rear yard adds versatile outdoor space. With no upper chain and a tenant in situ, this is an ideal investment in a popular location.
The lot will be brought to auction by Benjamin Stevens Auctions on the 20th of February 2025 with a Guide Price of £55,000.
This two-bedroom property is an excellent opportunity for buy-to-let investors, generating £4,800 per annum from a long-term tenant. One of two properties in the same row available at the auction offers great potential. The ground floor features a living room and a kitchen/dining room, while the first floor comprises two bedrooms and a bathroom. The property benefits from an enclosed rear yard and a front garden.
Additional features include gas central heating and double glazing, making this a well-maintained investment with appealing returns.
This semi-detached bungalow with a garage and gardens is brimming with potential and offers an exciting opportunity to create a personalised home. The property features a spacious lounge, two bedrooms, a kitchen, a shower room, and two versatile loft spaces. While in need of refurbishment and modernisation, it provides the perfect canvas to tailor the interiors to your tastes.
Ideally located, the bungalow offers convenient access to the extensive range of shops and amenities in and around Gateshead Town Centre and excellent transport links and services, making it a highly desirable prospect for buyers.
Sarah Mains Property Auctions will end the auction on the 4th of February 2025 with a Starting Bid of £100,000.
This property is considered a three-bedroom, double-fronted mid-terrace house located at 23 Old Dryburn Way, Durham. The accommodation comprises an entrance hallway, a living room, a kitchen with a separate dining room, and a cloakroom/WC on the ground floor. To the first floor, a landing area provides access to three bedrooms, including the primary bedroom with an en-suite shower room and a separate bathroom.
Externally, the property benefits from gardens to both the front and rear, a detached single garage and off-road parking, offering ample space and convenience.
The property will be brought to market by Auction House North West on the 12th of February 2025 with a Guide Price of £165,000.
This two-bedroom property is an ideal investment opportunity for buy-to-let investors, generating £4,800 per annum from a long-term tenant. It is one of two similar properties in the same row available in the same auction. The ground floor includes a living room and kitchen/dining room, while the first floor offers a landing, two bedrooms, and a bathroom.
Externally, the property features an enclosed rear yard and a front garden.
The property will be brought to market by Auction House North East on the 11th of February 2025 with a Guide Price of £25,000-30,000.
Discover this unique investment opportunity in Hesleden. Currently operating as a Methodist Church, the property comes with planning permission for demolition and construction of three-bedroom semi-detached houses. The existing accommodation includes a foyer, meeting room, reception area, WC, and kitchen. Externally, the property features a gated compound.
With the planning approval in place, this is an excellent prospect for developers or investors looking to capitalise on the potential for residential development in this sought-after location. The property offers a solid foundation for a profitable redevelopment project.
Auction House North East will bring the lot to auction on the 11th of February 2025 with a Guide Price of £50,000.
This mid-terrace property is arranged over three floors, comprising a ground and first-floor restaurant, and second-floor offices. The property is available with freehold tenure and is located on a mixed-use road close to local shops and amenities. The open spaces of Riverside Park are within easy reach, and Sunderland rail station provides convenient transport links.
The ground floor includes a bar/lounge, cellarage, and WC. The first floor features a restaurant lounge, kitchen, WC, and patio terrace. The second floor offers an admin office, staff room, storage room, and WC. The total GIA is approximately 255 sq m (2,746 sq ft). Externally, there is a rear patio area.
The lot will be auctioned by Auction House London on 12th February 2025 with a Guide Price of £160,000.
These properties offer immense potential and will be sold as one lot at auction. Recently refurbished to a good standard, including a new roof, they present an exciting opportunity for investors or developers to add their touch. The properties are internally connected via the loft and cellar, with the garage split between titles. This setup allows flexibility to modify and sell as separate units.
Number 70 comprises a mixed-use property with a ground-floor commercial space, storeroom, WC, and a one-bedroom flat above. Number 72 includes a tenant-occupied one-bedroom flat producing £4,800 annually and a studio flat under refurbishment. Both properties feature gas central heating and shared garage space.
Auction House North East will bring this property to market on the 11th of February 2025 with a Guide Price of £100,000.
This three-storey former bank, now vacant, offers excellent potential for various uses, including partial residential conversion, subject to obtaining the necessary consents. The property features generous accommodation across three levels: the ground floor (bank/sales area) spans 878 sq.ft. (81.6 m²), the first floor provides 710 sq.ft. (66 m²) of storage space, and the second floor adds a further 734 sq.ft. (68.2 m²) of storage.
Located on Church Street in the market town of Guisborough, the building is ideally positioned near a mix of national and independent retailers, making it a prime opportunity for redevelopment or investment.
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