January Auction Property Deals of the Month – East Anglia

As we enter a new year, we have discovered some of the best available for investors in East Anglia in January 2024. We have discovered a variety of property deals at auction with investment potential which vary in terms of size, location and price.

Residential Auction Properties East Anglia

2/3 Detached Bungalow, Ipswich

(For Sale with First for Auctions)

2 Bed Detached Bungalow in Ipswich - For Sale with First For Auctions with a Starting Bid of £260,000 (January 2024)

This spacious 2/3 bedroom detached bungalow is in a sought-after Ipswich residential area. Offering an excellent refurbishment opportunity and room for expansion (subject to planning permission), the property is currently vacant and awaits improvement, presenting an ideal canvas for customisation.

Its strategic location provides convenient access to the Ipswich town centre, the railway station, and the Quayside, as well as nearby areas like Woodbridge and Martlesham. This dwelling promises a versatile living space and holds the potential for additional enhancements according to planning regulations.

The lot will be brought to auction by First for Auctions on the 31st of January 2024 with an Opening Bid of £260,000.

2 Bed End Terrace House, Diss

(For Sale with SDL Property Auctions)

2 Bed End Terrace House in Diss - For Sale with SDL Property Auctions with a Guide Price of £150,000 (January 2024)

This 18th-century, Grade II listed end-of-terrace house, located in the historic market town of Diss, offers a freehold vacant property. Nestled within the town of Diss, the house comprises a sitting room, kitchen, cellar, two first-floor bedrooms, and a bath/washroom. A generous enclosed town garden complements the property. The convenient location provides easy access to Diss’s amenities, including shops and restaurants, with public parking nearby.

The ground floor features a hall, front-aspect sitting room, and rear-aspect kitchen, while the first floor includes a bath/washroom, front-aspect master bedroom, and rear-aspect bedroom two. The rear garden offers a private outdoor space. Explore Diss, a market town in South Norfolk, near the Suffolk border, with its picturesque surroundings and excellent transport links via Diss railway station to London Liverpool Street and Norwich.

The lot will be brought to auction by SDL Property Auctions on 31st January 2024 with a Guide Price of £150,000.

2 Bed Mid Terrace Property, Peterborough

(For Sale with iamsold)

2 Bed Mid Terrace Property in Peterborough - For Sale with iamsold with a Starting Bid of £160,000 (January 2024)

Presenting a two-bedroom charming mid-terrace home in Peterborough, this well-maintained residence surprises with its spacious interior. The accommodation comprises an entrance porch leading to the entrance hall, a generously sized lounge diner, and a connected conservatory offering access to the rear garden. The galley-style kitchen, also accessible from the rear garden, enhances the practical layout and this is a good first-time buyer.

Upstairs, two double bedrooms with built-in fitted wardrobes and a family bathroom provide comfortable living spaces. Outside, the rear features an easily maintained paved garden, complemented by a summer house. The front of the property offers off-road parking for two cars.

The lot will be brought to auction by iamsold with a Starting Bid of £160,000 on 23rd January 2024.

3 Bed Semi-Detached Town House, Downham Market

(For Sale with GoTo Properties)

3 Bed Semi-Detached Town House in Downham Market - For Sale with GoTo Properties with an Opening Bid of £220,000 (January 2024)

This three-bedroom semi-detached townhouse presents an enticing opportunity in Downham Market, either as a ready-to-move-in residence or a lucrative rental investment offered chain-free. Recently refurbished by professionals, this property boasts a spacious living/dining room, a well-appointed kitchen, and a convenient cloakroom on the ground floor.

The first floor accommodates two bedrooms and a family bathroom, while the second floor features a generously sized master bedroom with an en suite. The residence includes off-road parking, a garage, and an above-average rear garden, perfect for outdoor gatherings. Located in a tranquil residential area near local schools and Downham Market’s town centre, this property caters to both homeowners and investors alike.

The lot will be brought to auction by GoTo Properties on 18th January 2024 with an Opening Bid of £220,000.

3-Bed Detached Bungalow, Wisbech

(For Sale with iamsold)

3 Bed Detached Bungalow in Wisbech - For Sale with iamsold with a Starting Bid of £240,000 (January 2024)

Explore the charm of this detached three-bedroom bungalow featuring a spacious lounge and a separate dining room for versatile living. The well-appointed kitchen, complemented by a utility room, enhances the functional layout. Nestled on a generous plot, this residence comes complete with a garage. The absence of an onward chain ensures a swift and hassle-free transition.

With three inviting bedrooms, this property offers ample living space for a variety of lifestyles. Consider the convenience of this detached bungalow, where the appeal extends beyond its interior to the surrounding plot and the added advantage of a garage. Viewing is highly recommended for those seeking a detached bungalow with three bedrooms and no chain.

The property is going to auction by iamsold on 16th January 2024 with a Starting Bid of £240,000.

1 Bed Apartment, Dereham

(For Sale with Landwood Property Auctions)

1 Bed Apartment in Dereham - For Sale with Landwood Property Auctions with a Guide Price of £70,000 (January 2024)

Situated within a residential development, this property consists of a one-bedroom apartment located in Dereham. Currently, the apartment is in a state of disrepair and requires refurbishment to restore its optimal condition. The unit comes with the added convenience of allocated car parking, enhancing accessibility for residents.

While the current state may pose challenges, the prospect of refurbishment opens doors to customisation and improvement. This property, part of a small development, presents an opportunity for those with a vision for transforming a one-bedroom apartment. In addition to the allocated parking, the potential for refurbishment adds value to the property.

The lot will be brought to auction by Landwood Property Auctions on 10th January 2024 with a Guide Price of £70,000.

2 Bed Detached Cottage, Norwich

(For Sale with iamsold)

2 Bed Detached Cottage in Norwich - For Sale with iamsold with a Starting Bid of £400,000 (January 2024)

A remarkably rare chance awaits with the offering of a rural 2-bedroom detached cottage, nestled in an expansive and picturesque plot bordered by fields and farmland on the outskirts of Southrepps village in Norwich. This gem, known as Barn Cottage, has been cherished by its previous owner for over 40 years. The brick-built cottage sits on a substantial 0.42-acre plot, providing stunning views from its upstairs rooms and gardens.

The property features outbuildings, a garage, and a sizeable barn, offering prime development opportunities. Internally, the cottage requires modernisation and this presents an excellent chance for development or the creation of a captivating family home.

The lot will be auctioned by iamsold on 9th January 2024 with a Starting Bid of £400,000.

2 Bed Ground Floor Flat, Ely

(For Sale with iamsold)

2 Bed Ground Floor Flat in Ely - For Sale with iamsold with a Starting Bid of £115,000 (January 2024)

Presenting a generously sized and meticulously maintained flat that surpasses many of its modern counterparts, this residence offers exceptional value for money. Well cared for by its current owner, this two-bedroom ground-floor flat offers a great rental opportunity. This inclusion of parking, a courtyard garden, and an unexpectedly spacious kitchen enhances its appeal.

This enticing offer is further accentuated by its availability for sale without any chain. Don’t miss the chance to acquire a well-presented, spacious flat with added amenities, making it a valuable and hassle-free investment located in the popular area of Ely.

The lot will be auctioned by Modern Method of Auction iamsold on 3rd January 2024 with a Starting Bid of £115,000.

2 Bed Ground Floor Flat for Over 55’s, Kings Lynn

(For Sale with iamsold)

2 Bed Ground Floor Flat for Over 55's in Kings Lynn - For Sale with iamsold with a Starting Bid of £70,000 (January 2024)

This ground-floor flat in a dedicated complex is designed for individuals aged 55 and above and could offer a rental opportunity. This well-presented two-bedroom residence offers a comfortable living environment within a community-focused setting. Managed by a dedicated professional, the complex provides communal parking for residents’ convenience and a shared day room for social activities.

The flat offers a cosy atmosphere throughout. A well-fitted kitchen and bathroom add to the overall functionality and modern appeal of the property. With thoughtful amenities and a focus on community living, this ground-floor flat is an ideal choice for those seeking a comfortable and sociable living environment in a designated over-55 complex and offers an ideal buy-to-let opportunity.

The lot will be brought to auction by iamsold on 4th January 2024 with a Starting Bid of £70,000.

Commercial Auction Properties – East Anglia

Strategic Land, Colchester

(For Sale with Barney Estates)

Strategic Land in Colchester - For Sale with Barney Estates with a Guide Price of £10,000 (January 2024)

Offering an approximately 0.523-acre strategic land parcel, this sought-after location in Bures, Colchester, presents a prime opportunity for both residential and commercial purposes. Situated off Colchester Road, the land enjoys excellent accessibility. The surrounding countryside of Bures is renowned for its allure, providing picturesque walking routes and panoramic views of the Bures Dragon. Commuters benefit from Bures’ branch line rail service to London Liverpool Street via Marks Tey, while direct mainline rail services, taking around 55 minutes, are accessible from Colchester and Marks Tey.

Convenient transportation options extend to frequent buses connecting to both Colchester and Sudbury. This parcel not only holds potential for development but also grants residents the advantage of scenic surroundings and efficient commuting options.

The lot will be brought to auction by Barney Estates on 4th January 2024 with a Guide Price of £10,000.