July Auction Property Deals of the Month – Greater London

We’ve selected a range of Greater London auction properties – both residential and commercial – available throughout July 2023 that offer the most promising returns on investment.

Residential Auction Properties – Greater London

3 Bed Detached Bungalow, Romford

(For Sale with McHugh & Co Property Auctions)

3 Bed Detached Bungalow in Romford - For Sale with McHugh & Co Property Auctions with a Guide Price of £225,000 (July 2023)

This is a rare opportunity to purchase a detached bungalow – a highly sought-after property type – located only an hour’s drive from Central London.

Comprised of two good-sized reception rooms, a kitchen, a shower room, a separate WC, three generous bedrooms and plenty of attractive garden space to the front and rear, this property has bags of potential for modernisation, renovation or extension, depending on consents.

Junction 28 of the M25 is just two minutes’ drive from the lot, while Harold Wood tube and train station is accessible in just under five minutes by car. Not far from both Tylers Common and Harold Wood Park, future residents of the property will benefit from its close proximity to the convenience stores, shops and cafés of Gallows Corner Retail Park.

The lot will be brought to auction by McHugh & Co Property Auctions on 6th July 2023 with a Guide Price of £225,000.

2 Bed Semi-Detached Bungalow, Northolt

(For Sale with Phillip Arnold Property Auctions)

2 Bed Semi-Detached Bungalow in Northolt - For Sale with Phillip Arnold Property Auctions with a Guide Price of £295,000 (July 2023)

Comprised of a large reception room, a dining room, a separate kitchen and breakfast room, a bathroom and two good-sized bedrooms (one with bay window), this attractive semi-detached bungalow has its own drive and garage. With gardens to the front and rear, the property has already been extended once – and has plenty of potential for further renovation or new additions, depending on consents.

The lovely Islip Manor Park can be reached in less than five minutes on foot from the property’s location, and the much larger Islip Manor Meadows are just six minutes’ drive away. The property is also close to Bellvue Park and Lime Tree Parks, as well as Northala and Marnham Fields, making this a very green neighbourhood!

Central London is accessible in under 50 minutes by either car or public transport, with the nearest underground station being Northolt – just 12 minutes’ walk away.

Target Roundabout is just a minute away, and connects residents to the M4, M40 and M25 via the A40. Mandeville Road is just around the corner, and is populated with plenty of great shops, eateries and convenience stores.

It will be brought to auction by Phillip Arnold Property Auctions on  13th July 2023 with a Guide Price of £295,000 (excluding applicable auction fees and funding costs).

2 Bed Terraced House, Eltham

(For Sale with McHugh & Co Property Auctions)

2 Bed Terraced House in Eltham - For Sale with McHugh & Co Property Auctions with a Guide Price of £195,000 (July 2023)

Situated less than 10 minutes’ walk from New Eltham station, and a 45 minute drive from Central London, this well-proportioned terraced property is comprised of a spacious open-plan living room/diner to the ground floor, along with a kitchen. The first floor features two generous bedrooms and a family bathroom. There is also a porch and an attractive paved front yard.

Just a minute’s drive from Sidcup Road, which connects to the M25 within around 10 minutes, the property benefits from its proximity to the Footscray Road and Avery Hill Road crossroads, where there are plenty of amenities including the local library and post office, as well as eateries, convenience stores and bars. The home is also well-positioned for local schools.

The lot will be brought to auction by McHugh & Co Property Auctions on 6th July 2023 with a Guide Price of £195,000.

3 Bed Semi-Detached House, Streatham

(For Sale with McHugh & Co Property Auctions)

3 Bed Semi-Detached House in Streatham - For Sale with McHugh & Co Property Auctions with a Guide Price of £275,000 (July 2023)

Comprised of a semi-open plan lounge and diner – along with a galley kitchen – to the ground floor, this lovely property also features three good-sized bedrooms and a family bathroom to its first floor. There are also front and rear gardens, as well as a private drive for off-road parking. Modernisation is required, but the home’s potential is very clear.

Positioned on the curve of Rowan Road right by the neighbourhood’s excellent recreation ground, future residents need only travel a minute or two in either direction to access a range of eateries, shops and supermarkets.

With Central London less than 45 minutes’ drive away, the lot is also within 15 minutes’ walk of Mitcham Eastfields train station.

The lot will be brought to auction by McHugh & Co Property Auctions on 6th July 2023 with a Guide Price of £275,000.

3 Bed Semi-Detached House, Sutton

(For Sale with McHugh & Co Property Auctions)

3 Bed Semi-Detached House in Sutton - For Sale with McHugh & Co Property Auctions with a Guide Price of £275,000 (July 2023)

Available in good condition, but requiring modernisation, this spacious property has a huge amount to offer. From its attractive rear garden and off road parking to its very generous open plan reception room (stretching the length of the house), galley kitchen and separate pantry, three good-sized bedrooms and characterful family bathroom, future owners will enjoy a superb return on investment.

Located in a very desirable neighbourhood, nestled between Rosehill Park East and West, residents of the area can also enjoy the greenery of St Helier Open Space and Greenshaw Woods.

St Helier Hospital is just a five minute drive away, while the nearby St Nicholas Shopping Centre features a range of retail outlets and eateries. There are a number of local schools within easy reach and Sutton Common train station just 12 minutes’ walk from the property. Central London is less than an hour away by car or on public transport.

The lot will be brought to auction by McHugh & Co Property Auctions on 6th July 2023 with a Guide Price of £275,000.

Commercial Auction Properties – Greater London 

Two-Storey Mixed-Use Property, Thornton Heath

(For Sale with Barnett Ross Property Auctions)

Two-Storey Mixed-Use Property in Thornton Heath - For Sale with Barnett Ross Property Auctions with a Guide Price of £300,000 (July 2023)

Previously operating as a newsagent’s, this lot has been owned and managed by the same family for half a century.

It is now available freehold, but remains let on a 10 year repairing and insuring lease which began 2nd June 2019. The ground floor is comprised of a shop and WC, with a kitchen to the rear that is for use by the flat above. That flat features a living room, two bedrooms and a bathroom with WC, and is let to the same individual as the shop.

The flat is accessed via a shared alleyway, and the property includes a forecourt and rear yard.

Following six months’ notice, there will be a Landlord’s Rolling Break from 2nd June 2025, which will allow for renovation or other changes.

Located just up the road from Crystal Palace football club’s home ground – Selhurst Park – the lot benefits from significant levels of footfall. It’s just around the corner from Thornton Heath’s bustling High Street and less than a 10 minutes walk from the borough’s train station. Central London is just over 45 minutes’ drive away.

The lot will be brought to auction by Barnett Ross Property Auctions on 13th July 2023 with a Guide Price of £300,000.

Four-Storey Mixed-Use Property, Crouch End

(For Sale with McHugh & Co Property Auctions)

Five-Storey Mixed-Use Property in Crouch End - For Sale with McHugh & Co Property Auctions with a Guide Price of £750,000 (July 2023)

Another property that can look back over long-term family ownership (dating back 40 years), the ground floor unit of this lot currently operates as a hairdresser’s. It is comprised of the main salon area, a kitchen, a utility room and a WC, and receives £25,000 per year on a 10 year lease that began on 26th January 2023. Rent is to be reviewed after five years.

The upper part of the property is currently vacant. The first floor features an open plan reception room, a kitchen, an additional room to the rear and a bathroom with WC. There is also a bedroom to the top floor. The lot also features a rear garden and a cellar.

Located just three minutes’ walk from Town Hall Square in Crouch End, this very central building is just a 10 minute walk from Crouch Hill tube station. The area’s lovely Parkland Walk is five minutes from the property on foot, and Central London is less than 40 minutes away on public transport.

The lot will be brought to auction by McHugh & Co Property Auctions on 6th July 2023 with a Guide Price of £750,000.

Ground Floor Retail Unit, Croydon

(For Sale with Allsop Property Auctions)

Ground Floor Retail Unit in Croydon - For Sale with Allsop Property Auctions with a Guide Price of £125,000 - £150,000 (July 2023)

This ground floor retail unit features convenient display windows within its frontage – as well as its very own garden and garage to the rear.

Positioned within a popular and well-established shopping arcade, the property is made up of a 706 square foot retail area to the ground floor. The upper floor and the rest of the building are not included in the sale.

The shop sits in the Shirley area of Croydon, 10 minutes from the centre of the borough by car. Three minutes’ drive from Shirley Oaks hospital and very close to a range of local schools, along with Lloyd Park, Coombe Park, Addington Hills, and the Shirley Park Estate and Golf Club, the neighbourhood is also just seven minutes up the road from the Bethlehem Museum of the Mind.

Central London is around 50 minutes to an hour away by car or public transport, with the Addiscombe tram stop being three minutes’ drive from the property and East Croydon station accessible within seven minutes.

The freehold shop is currently vacant, and promises a superb return on investment.

The lot will be brought to auction by Allsop Property Auctions on 6th July 2023 with a Guide Price of £125,000 – £150,000.

Two Storey Former Bank, Wallington

(For Sale with Barnett Ross Property Auctions)

Two Storey Former Bank in Wallington - For Sale with Barnett Ross Property Auctions with a Guide Price of £1,100,000 (July 2023)

This large vacant property is currently in the possession of Barclays Bank, with the keys to be handed to the vendor on 28th July 2023.

It is arranged over two storeys, with the  ground floor comprising the main banking floor, offices and storage areas, along with two WCs. The first floor also features office space measuring around 1,070 square feet, along with two further WCs.

The first floor has the potential for conversion to residential use, depending on consents, and there may even be scope to extend upwards, adding a second floor.

Located in the centre of Wallington, Surrey, just three minutes’ walk from the borough’s train station, the property enjoys plenty of footfall – with a huge range of commercial outlets nearby. Central London is less than 50 minutes away by public transport.

The lot will be brought to auction by Barnett Ross Property Auctions on 13th July 2023 with a Guide Price of £1,100,000.

Double-Fronted Ground Floor Corner Unit, West Byfleet

(For Sale with Allsop Property Auctions with a Guide Price)

Double-Fronted Ground Floor Corner Unit in West Byfleet - For Sale with Allsop Property Auctions with a Guide Price of £150,000 - £175,000 (July 2023)

Featuring floor-to-ceiling windows and an attractive modern design, this lot sits right by West Byfleet train station, very close to the borough’s recreation ground and around the corner from the amenities of Old Woking Road.

Junction 11 of the M25 is just over 10 minutes’ drive away, and Central London is reachable in just over 45 minutes by public transport.

A vacant, freehold, ground floor property, this unit is suited to a range of uses. It is situated on a corner with a return frontage, near to a range of popular retail outlets – and its GIA measures approximately 785 square feet.

The lot will be brought to auction by Allsop Property Auctions on 6th July 2023 with a Guide Price of £150,000 – £175,000.