January / February Auction Property Deals of the Month – Essex

These residential and commercial properties in Essex, offering remarkable investment opportunities, will be going under the hammer this January and February.

Residential Auction Properties Essex

1 Bed Flat, Rochford

(For Sale with Auction Property)

1 Bed Flat in Rochford - For Sale with Auction Property with a Guide Price of £85,000 (February 2025)This second-floor apartment features one bedroom, a spacious living/dining room, a separate kitchen, and an airing/storage cupboard. The apartments are currently let out, offering a strong return, making them an excellent investment opportunity. Each apartment is unique and located on different floors.

This flexibility provides potential buyers with various options to suit their investment strategy.

The lot will be brought to auction by Auction Property on the 12th of February 2025 with a Guide Price of £85,000.

2 Bed Terrace House, Colchester

(For Sale with iamsold)

2 Bed Terrace House in Colchester - For Sale with iamsold with a Starting Bid of £130,000 (January 2025)Perfectly situated for easy access to local amenities and transport links, this two-bedroom terraced house on Albert Street, Colchester, Essex, is offered with no onward chain. The ground floor comprises a lounge and a well-sized kitchen. The first floor features two bedrooms and a family bathroom.

Externally, the property benefits from a courtyard garden and driveway parking, providing additional convenience. This well-located home offers a great opportunity for buyers seeking a property with easy access to the surrounding area while enjoying the benefits of a low-maintenance outdoor space.

The property will be brought to auction by iamsold on the 16th of January 2025 with a Guide Price of £130,000.

3 Bed Semi-Detached House, Colchester

(For Sale with Savills Property Auctions)

3 Bed Semi-Detached House in Colchester - For Sale with Savills Property Auctions with a Guide Price of £170,000 (January 2025)This three-bedroom semi-detached house is conveniently located in the local amenities of Colchester. The property benefits from both front and rear gardens, offering potential for outdoor space. Although in need of modernisation, it presents an excellent opportunity for buyers looking to personalise a home to their tastes.

The house is currently vacant, providing the flexibility for immediate occupation or renovation. With its desirable location and potential for improvement, this property is a great prospect for those seeking to invest in a home that can be transformed into a modern living space.

Savills Property Auctions will bring the lot to auction on the 28th of January 2025 with a Guide Price of £170,000.

3 Bed Semi-Detached Property, Southminster

(For Sale with Auction House London)

3 Bed Semi-Detached Property in Southminster - For Sale with Auction House London with a Guide Price of £180,000 (February 2025)This freehold three-bedroom semi-detached house is arranged over the ground and first floors and requires a refurbishment. The property is close to local shops and amenities, with the open spaces of Althorne Recreation Ground easily accessible. Southminster rail station provides convenient transport links.

The ground floor comprises two reception rooms and a kitchen, while the first floor offers three bedrooms and a bathroom. Externally, the property benefits from a garage, front and rear gardens, and off-street parking, providing potential for further development or improvement.

The lot will be taken to the auction by Auction House London on the 12th of February 2025 with a Guide Price of £180,000.

2 Bed Cottage, Dunmow

(For Sale with Town & Country Property Auctions)

2 Bed Cottage in Dunmow - For Sale with Town & Country Property Auctions with a Guide Price of £200,000 (January 2025)This charming two-bedroom cottage is located in the picturesque market town of Great Dunmow, known for its attractive period properties. The city offers a range of independent shops, supermarkets, eateries, and pubs, along with primary and secondary schools. Excellent transport links provide easy access to Stansted Airport and train services to London, while road users can reach the A120 and M11 for connections to the wider road network.

Well-regarded local schools include Felsted School, Bishops Stortford College, and The Herts & Essex High School, making it an ideal location for families seeking both convenience and quality education.

Town & Country Property Auctions will bring the lot to auction on the 15th of January 2025 with a Guide Price of £200,000.

3 Semi-Detached Property, Halstead

(For Sale with iamsold)

3 Semi-Detached Property in Halstead - For Sale with iamsold with a Starting Bid of £230,000 (January 2025)This three-bedroom semi-detached house is situated on Windmill Road in Halstead, Essex, making it an ideal location for families and commuters alike, with easy access to local amenities and transport connections.

The market town of Halstead offers excellent schooling for all ages, a range of leisure facilities, and various High Street shops, boutiques, restaurants, and public houses. For commuters, there is a mainline station in the nearby larger town of Braintree, providing convenient access to London. Stansted Airport is approximately 25 miles away, and the city benefits from straightforward transport links to both the A12 and A120.

iamsold will bring the lot to auction on the 24th of January 2025 with a Starting Bid of £230,000.

3 Bed Terraced Property, Harwich

(For Sale with iamsold)

3 Bed Terraced Property in Harwich - For Sale with iamsold with a Starting Bid of £175,000 (January 2025)This charming three-bedroom terraced house, located on High Street in Harwich, Essex, is steeped in history and character. Situated in the picturesque village of Great Oakley, the property is being sold with no onward chain.

It has been thoughtfully updated and modernised by the current owner while retaining its authentic cottage features. The cosy courtyard provides a lovely outdoor space, and the property benefits from spacious, well-lit bedrooms, which is a rare feature for a house of this age. This delightful home offers a perfect blend of character and modern comfort in a sought-after location.

iamsold will bring the lot to auction on the 24th of January 2025 with a Starting Bid of £175,000.

Commercial Auction Properties – Essex

Mixed-Use Property and Adjoining Site in Harwich

(For Sale with Savills Property Auctions)

Mixed-Use Property and Adjoining Site in Harwich - For Sale with Savills Property Auctions with a Guide Price of £250,000 (January 2025)This large freehold mixed-use property, with adjoining land, presents significant redevelopment potential, subject to the necessary consents. The building is currently configured with a ground-floor retail area, washroom, kitchen/dining room, and toilet, with accommodation on the two upper floors. The first floor includes a bedroom, lounge, kitchen, and bathroom, while the second floor offers two additional bedrooms and a bathroom.

Planning permission has been granted for a new four-storey residential building on the adjoining vacant site, which would provide eight proposed apartments. With vacant possession and approved plans, this property offers strong asset management potential.

Savills Property Auctions will bring the lot to auction on the 28th of January 2025 with a Guide Price of £250,000.

2 Storey Commercial Property, Maldon

(For Sale with Auction House London)

2 Storey Commercial Property in Maldon - For Sale with Auction House London with a Guide Price of £140,000 (February 2025)This mid-terrace building comprises a ground and first-floor retail unit, currently let to Boots Opticians, generating an annual rental income of £7,250. The property is freehold and situated on a mixed-use road near local shops and amenities, with Promenade Park’s open spaces conveniently nearby. Transport links are accessible via the A414 to the west.

The accommodation includes a retail unit on the ground floor and ancillary space on the first floor. Additionally, the property benefits from a rear yard, providing further utility. Its location and tenancy make it a promising investment opportunity with steady income potential.

Auction House London will bring the lot to auction on the 12th of February 2025 with a Guide Price of £140,000.

Commercial Property with Investment Potential in Colchester

(For Sale with Savills Property Auctions)

Commercial Property with Investment Potential in Colchester - For Sale with Savills with a Guide Price of £450,000 (January 2025)This property presents a high-yielding retail investment opportunity, let to Santander, one of the UK’s largest banks. A prime position on a pedestrianised high-footfall street, the building spans 8,212 sq ft (762.89 sq m) across the ground and three upper floors.

Santander UK Plc holds a six-year lease expiring on 31 December 2027, producing a rental income of £62,500 per annum, reflecting a 13.8% gross initial yield (GIY) on the guide price. There is asset management potential through lease renewal or regearing, while the upper parts offer development possibilities, including residential conversion (subject to consents and existing lease terms).

Savills Property Auctions will bring the lot to auction on the 28th of January 2025 with a Guide Price of £450,000.