If you are looking for an investment with huge potential, these auction properties in Newcastle and the North East are up for auction during July. Varying in size and location, you will find a great range of both commercial and residential properties across the area to consider.
This charming terraced house in Middleborough is now available on the market. Situated in Byelands, the property enjoys a convenient location within walking distance of Teesside University, local shops, and the picturesque Albert Park. Transport links are easily accessible via the nearby A66, providing convenient access to the wider region.
With beautiful features, the two-bedroom terrace property comprises an open plan lounge/dining room, a well-appointed kitchen, two bedrooms, and a family bathroom featuring a freestanding bath. On-street parking is available, along with a rear yard for additional convenience.
The lot will be brought to market by GoTo Properties on the 28th of July 2023 with an Opening Bid of £60,000.
This one-bedroom apartment is located in a sought-after retirement development in Gateshead and is presented in excellent condition. The living space comprises a spacious lounge/diner, a contemporary kitchen, and a modern bathroom. Additionally, there is a double bedroom with a dressing room area.
The development offers additional amenities, including a communal lounge and laundry room. Guest accommodation is also available for a fee. Outside, residents and guests can enjoy beautifully maintained communal gardens and ample parking facilities and this is an ideal rental opportunity.
The lot will be brought to auction by Sarah Mains Auctions on 28th July 2023 with an Opening Bid of £50,000.
A solid investment opportunity, this three-bedroom semi-detached property is situated near various amenities, transport links, and schools. Upon entering, you’ll find a spacious lounge, a well-equipped kitchen, a separate utility room and a convenient ground floor W/C.
Upstairs, the property boasts two double bedrooms, a single bedroom, and a family bathroom. Externally, a driveway is available and to the rear, you’ll find a private garden. A great buy-to-let opportunity, this property is ready to be rented out.
The lot will be brought to auction by GoTo Properties on 28th July 2023 with an Opening Bid of £90,000.
This three-bed end-of-terrace property offers investment potential and requires comprehensive renovation and repair. Two generously proportioned reception rooms, accompanied by a kitchen and bathroom are situated on the ground floor. Upstairs, there is a galleried landing and three double bedrooms. The property also includes a rear yard which requires work.
Conveniently located just off London Road in Chesterton, the property enjoys excellent transport links. With proper renovation to a high standard, a good rental price would be achieved with high demand in the current market for this size and area in Newcastle.
Butters John Bee Auctions will bring the lot to auction on 17th July 2023 with a Guide Price of £55,000.
This two-bedroom mid-terrace house requires refurbishment throughout and with complete renovation, the property could be resold for higher future value or would make a good rental offering. Inside there are two reception rooms, a kitchen and a W/C. On the first floor, there are two bedrooms and one bathroom. Externally, a rear yard is included along with on-street car parking.
Situated in Middlesborough less than a mile from the town centre, you’ll find various local amenities such as shops, schools, and supermarkets. Additionally, Middlesborough Railway Station is located approximately 1 mile from the premises.
The property will be brought to market by Auction House North West on 18th July 2023 with an Opening Bid of £32,000.
This three-bedroom terraced property, accompanied by a garage, needs refurbishment. With complete renovation and modernisation, you could sell this at an elevated value or make this into a popular rental. The ground floor consists of two reception rooms and a kitchen, while the first floor comprises three bedrooms and a bathroom.
Ideally suited for developers or investors, this property offers potential for improvement. Externally, the property offers a forecourt at the front and a rear yard complete with a garage. Situated in Peterlee, the property is nearby local amenities.
The lot will be brought to auction by Auction House North East on 18th July 2023 with an Opening Bid of £20,000.
Located on a mixed-use road near local shops and amenities, this property enjoys convenient access to the open spaces of Hackworth Park. Transport links are readily available through the nearby Shildon rail station.
This property consists of an end-of-terrace building with a ground-floor shop and first-floor ancillary space. This property needs complete renovation and then could be used for commercial uses or even converted to a residential dwelling depending on obtaining planning permission.
The lot will be brought to auction by Auction House London on 11th July 2023 with an opening bid of £1000.
This commercial unit with a 2-bedroom flat is located on Alexandra Road in Ashington. Situated within a block that houses other occupied commercial units, this property holds great potential. The ground floor features a sizable commercial unit, previously utilized as a printers’ space. It includes a reception/sales area at the front and two spacious open areas at the rear that can be adapted for various purposes. The facilities include toilets, handwashing amenities, and access to the flat situated on the first floor.
The flat above comprises 2 bedrooms, a living room, a dining kitchen, and a bathroom. Security shutters are installed on the front door and windows of the commercial unit.
Offered as a freehold property, this retail unit presents an exciting opportunity. Previously operating as a restaurant, it comes with the option to include a fully equipped kitchen and fixtures and fittings. Subject to obtaining planning permission, it is suitable for a variety of uses.
Conveniently situated next to The Hampton Hotel and within a short walking distance to The Globe on Stockton High Street, the location is excellent. The premises consist of a ground floor restaurant with a fully equipped kitchen and a customer WC. On the first floor, you’ll find a bathroom/utility room, an additional WC, a storage room, a lounge, and a bedroom. The second floor features an attic room. Neighbouring businesses include a general store, hairdressers, a café, and serviced office accommodation.
iamsold will bring the lot to auction on 10th July 2023 with a Starting Bid of £117,000.
This property is located in a prime corner position in the town centre, neighbouring prominent businesses such as Holland & Barrett and Savers. The shop encompasses both the ground floor and one upper floor. There is potential for redevelopment of the upper floors, offering further opportunities. Bishop Auckland is situated approximately 12 miles southwest of Durham and 14 miles northwest of Darlington. Bishop Auckland also has a rail station that provides regular services to London Kings Cross via Darlington.
Positioned at the corner of Newgate Street and Durham Chase, near the junctions with Tenters Street, the property benefits from a highly strategic location. With a great position, this will be rented by a prime commercial business offering a good rental for the investor.
Allsop Auctions will bring this property to market on 6th July 2023 with a Guide Price of £200-250,000.