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.
If you are looking for a great investment (auction) property in the North East, we have compiled a list of some of the best that offer potential in the area. Whether you are looking for a commercial or residential property, you will find a great range in varying locations for June in Newcastle and the North East.
Presenting a countryside retreat, this semi-detached residence offers two double bedrooms. With immense possibilities, this property is ideally situated amidst picturesque surroundings. Currently used as a holiday home, it offers proximity to local amenities in Hexham as well as renowned attractions.
The Station Cottage comprises a spacious kitchen/diner, living room, well-appointed bathroom, two double bedrooms one with an en-suite, a garage, and gardens.
The lot will be brought to market by GoTo Properties on the 29th of June 2023 with an Auction Guide Price of £120,000.
This terraced house is situated in Middleborough, offering a good opportunity in the property market. Located on Byelands Street, the property enjoys a convenient location within easy walking distance of the Teesside University and local shops. Excellent transport links are provided by the nearby A66.
This property showcases original features and the interior comprises an open-plan lounge/dining room, a well-appointed kitchen, two bedrooms, and a family bathroom complete with a freestanding bath. On-street parking is available, along with a rear yard for added convenience.
The lot will be brought to auction by GoTo Properties on 29th June 2023 with an Opening Bid of £60,000.
This four-bedroom semi-detached bungalow is situated in the location of Hartlepool. Conveniently positioned near schools and local shops, the property offers easy access to everyday amenities. This property offers an expansive kitchen/diner and there are wrap-around gardens and an inviting patio area that provide the perfect setting for alfresco dining. Additionally, there is a single garage is included for convenient parking and storage.
The interior features an open-plan kitchen/dining room with a utility room, a lounge for relaxation, a family bathroom, four bedrooms, and a master ensuite. The bungalow offers tonnes of potential and is a good investment.
The lot will be brought to auction by GoTo Properties on 29th June 2023 with an Opening Bid of £180,000.
Nestled in a highly desirable location in Gateshead, this two-bedroom bungalow presents itself with a sought-after appeal that would make it a potential buy-to-let opportunity. The property features a rear garden, a detached garage, and ample driveway parking. With the added advantage of two reception rooms and two well-proportioned bedrooms, this bungalow is ideal for professionals.
Conveniently situated near local amenities and the Metro station, this property offers easy access to a range of facilities and transportation options.
The lot will be brought to auction by Sarah Mains Auctions on 26th June 2023 with an Opening Bid of £165,000.
This mid-link home is not only spacious but also presented in good condition, ready to become a buy-to-let rental. Situated in a delightful cul-de-sac in Gateshead, the living space is comprised of a 17′ lounge, a dining kitchen, a convenient ground-floor cloakroom, three well-proportioned bedrooms, and a bathroom.
There is a low-maintenance garden to the front of the property while block-paved off-street parking is available at the rear. With open-aspect views, this property holds appeal for a first-time buyer.
The property will be brought to market by Sarah Mains Auction on 23rd June 2023 with an Opening Bid of £80,000.
Situated in the sought-after area of Sunderland and brimming with convenient amenities, this property is ready for occupancy making it an ideal buy-to-let opportunity. Comprising three bedrooms, this terrace offers two generously-sized reception rooms, a well-equipped fitted kitchen and the family bathroom, complete with a separate bath and shower.
Upstairs, you will find a double master bedroom along with two smaller bedrooms. Externally, a private rear yard is available, offering the possibility of off-street parking. Benefitting from its proximity to a diverse range of amenities and excellent transport links, this property is ideal for first-time buyers or professional tenants.
The lot will be brought to auction by GoTo Properties on 23rd June 2023 with an Opening Bid of £65,000.
This investment opportunity is for a vacant mixed-use commercial/residential property. This mid-terrace property spans three floors, featuring a vacant retail unit on the ground floor and a spacious four-bedroom flat on the first and second floors giving you multiple business opportunities.
Conveniently located in West Cornforth, this property enjoys a prime position, approximately 0.25 miles from the bustling Cornforth village centre. A plethora of local amenities, including shops, parks, and supermarkets, are within easy reach.
The lot will be brought to auction by Auction House North West on 13th June 2023 with an opening bid of £30,000.
A great investment opportunity, this retail unit is situated at the intersection of Stockton Road (B1277) and Oxford Street opposite the esteemed St Aidan’s Church. This corner semi-detached property comprises a ground-floor retail unit along with a self-contained 3-bedroom flat.
On the ground floor, there is a retail area, a store and a stock room. Meanwhile, the flat has a kitchen on the ground floor, a lounge, three bedrooms and a bathroom on the first. Externally, there is a front forecourt and a rear yard.
This blend of residential and commercial properties is situated in Wingate. This investment package comprises four commercial units, consisting of one double unit and two single units which both make a considerable annual income.
Additionally, there are seven one-bedroom flats included in this investment, with four of them currently occupied by long-term tenants. When all units are fully tenanted, the potential annual income is significant This entire property package can be obtained in a single transaction, making it an enticing investment opportunity.
The lot will be brought to auction by Manners & Harrison Auctions on 8th June 2023 with a Guide Price offer of £300,000.
These premises consist of a ground-floor retail unit and a self-contained two-bedroom flat on the first floor with separate access. The retail unit is currently vacant, offering the opportunity for a range of uses, subject to obtaining local planning permission. The first-floor flat is currently tenanted under an assured shorthold tenancy.
Conveniently situated on a bustling parade of shops in North Ormesby, this property enjoys easy accessibility from the A66. The surrounding area hosts various neighbouring businesses including a local general store, takeaways, and a selection of independent retailers.
The lot will be brought to the modern method marketplace by iamsold on 8th June 2023 with an Auction Guide Price at auction of £58,500.
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