June Auction Property Deals of the Month – East Anglia

We have discovered some of the best properties up for auction with great investment potential. These property deals are coming to auction in East Anglia in June 2024.

Residential Auction Properties East Anglia

2 Bed Terrace Property, Norwich

(For Sale with Town & Country Property Auctions)

2 Bed Terrace Property in Norwich - For Sale with Town & Country Property Auctions with a Guide Price of £127,000 (June 2024)

This charming two-bedroom terrace property is located in New Catton in Norwich, ideal for families and couples seeking a renovation project. This two-bedroom house is a perfect blank canvas, ready for your personal touch. Inside, you will find two separate reception rooms, each featuring a fireplace for cosy evenings. The second reception room overlooks a lovely courtyard and includes built-in storage. The long kitchen makes it an inviting space for cooking. Both double bedrooms are bright and airy, with the first bedroom featuring built-in wardrobes.

The second bedroom has the added advantage of an en-suite bathroom. Situated in a vibrant community with excellent public transport links, nearby schools, local amenities, and parks, this property combines convenience with potential. Unique features include an outside toilet.

The lot will be brought to auction with Town & Country Property Auctions on 27th June 2024 with a Guide Price of £127,000.

2 Bed Semi-Detached Bungalow, Chatteris

(For Sale with Cheffins Auctions)

2 Bed Semi-Detached Bungalow in Chatteris - For Sale with Cheffins Auctions with a Guide Price of £170,000 (June 2024)

This two-bedroom semi-detached double-fronted bungalow is located off Black Horse Lane in central Chatteris and is a great opportunity for customisation. Partly modernised, the property invites personalisation to suit individual tastes. The accommodation also has a garage. Inside, you’ll find an Entrance Hall, Living Room, Kitchen, Pantry, two Bedrooms, Bathroom, and Rear Lobby.

Additional features include an enclosed rear garden. Chatteris, a popular Fenland market town, offers convenient access to local centres, with Cambridge 25 miles away and Peterborough 20 miles away. This freehold property with vacant possession presents a unique opportunity to create your ideal home.

The lot will be brought to auction by Cheffins Auctions on the 12th of June 2024 with a Guide Price of £170,000.

2 Bed Apartment, St. Ives

(For Sale with Robinson & Hall Auctions)

2 Bed Apartments in St. Ives - For Sale with Robinson & Hall Auctions with a Guide Price of £160,000 (June 2024)

This freehold two-bedroom apartment in the historic market town of St. Ives is currently tenanted, generating an annual income of £12,000. Nestled behind the picturesque church, the apartment offers beautiful views and access to scenic walks along the River Ouse. The accommodation includes a spacious sitting/dining room, kitchen, two large double bedrooms, and a family bathroom.

The property includes well-maintained communal gardens and a separate garage on Church Street. This apartment offers a wonderful blend of historic charm and modern convenience, making it an excellent investment opportunity.

The lot will be brought to auction by Robinson & Hall Auctions on 12th June 2024 with a Guide Price of £160,000.

3 Bed Barn Conversion, Dereham

(For Sale with Auction House East Anglia)

3 Bed Barn Conversion in Dereham - For Sale with Auction House East Anglia with a Guide Price of £250,000 on 12th June 2024

This charming single-story barn conversion on the edge of Dereham was converted in 1989 and now requires some updating. The L-shaped property includes a sitting room, kitchen/diner, master bedroom with en-suite, two additional bedrooms, and a family bathroom.

A large double garage/workshop provides ample space for a caravan or boat, and there are two additional large storage rooms. This accommodation offers the potential for extending the property to five bedrooms or creating a two-room annexe with a bathroom, ideal for a children’s recreational room. The garage and rooms have their gated entrance and parking, along with a small vegetable garden. Planning permission for a two-room annexe with a bathroom has been granted. Access is via a shared gravel drive with parking for three cars. The property features a secluded lawned garden with fruit trees and shrubs, leading to the front door and barn. Steps descend to a south-facing, sunken rear terrace garden.

The lot will be brought to auction by Auction House East Anglia with a Guide Price of £250,000 on 12th June 2024.

3 Bed Detached Bungalow, Norwich

(For Sale with Auction House East Anglia)

3 Bed Detached Bungalow in Norwich - For Sale with Auction House East Anglia with a Guide Price of £300-350,000 (June 2024)

This charming three-bedroom detached bungalow is located in the North Norfolk coastal village of Bacton. This property occupies a generous plot with a spacious driveway accommodating a motorhome and boat. Though in need of some updating, the bungalow offers ample living space with a sitting room, kitchen/breakfast area, dining room, utility room, conservatory, three generous bedrooms, and a family bathroom.
The double garage, located at the side of the property, opens to a substantial back garden. This home provides an excellent opportunity for those seeking a peaceful Norfolk retreat near the sea. With this enviable position, this could be an ideal holiday rental.

The lot will be brought to auction by Auction House East Anglia on 12th June 2024 with a Guide Price of £300-350,000.

Commercial Auction Properties – East Anglia

2 Self-Contained Ground Floor Retail Premises, Newmarket

(For Sale with Cheffins Auctions)

2 Self-Contained Ground Floor Retail Premises in Newmarket - For Sale with Cheffins Auctions with a Guide Price of £185-195,000 (June 2024)

The property consists of two self-contained ground-floor retail premises located in Newmarket. Both premises have lower and upper ground floor sales areas, with kitchens and WCs at the rear. No. 16a includes a small storeroom and basement. Rear access from both units leads to a shared yard with a gate to a common passage. No. 16, formerly occupied by Ooma, is currently vacant.
No. 16a is leased to Tylers Estate Agents.  The upper parts have been sold on a long leasehold with 961 years remaining and a ground rent of £50 per annum.  Located in Newmarket, a historic town known for horse racing, the property is near major roads and rail services, with notable nearby businesses within the vicinity.

The property will be auctioned by Cheffins Auctions on 12th June 2024 with a Guide Price of £185-195,000.

Medical Centre, Haverhill

(For Sale with Cheffins Auctions)

Medical Centre in Haverhill - For Sale with Cheffins Auctions with a Guide Price of £250,000 (June 2024)

This medical centre property offers vacant possession and is located in a prominent town centre location, offering the potential for conversion to other uses subject to planning approval.

This purpose-built medical centre features a small flat above and a generous garden extending to Stour Brook. The property has operated as a medical centre for the past 20 years, primarily on the ground floor, with additional office space or living quarters above. It includes a rear car park with nine spaces. The medical centre could be used for several commercial uses. Haverhill is 14 miles southeast of Cambridge and 47 miles north of London, with road links to Cambridge and Bury St Edmunds.

The lot will be brought to auction by Cheffins Auctions on 12th June 2024 with a Guide Price of £250,000.

Public House with Large Plot, Swaffham

(For Sale with Auction House East Anglia)

Public House with Large Plot in Swaffham - For Sale with Auction House East Anglia with a Guide Price of £275-300,000 (June 2024)

The Windmill public house is located in the village of Necton near Swaffham and is now vacant and offers numerous opportunities. Vacant since January 2023, this well-maintained public house was tenanted for 18 years, generating an income of £20,000 annually. Situated on a large plot, it features a generous car park and a beer garden.

Known locally for its good food, it is ideal for an investor or publican, or even a development opportunity (subject to planning permission). The pub includes a formal dining area, bar area, snug with a fireplace, spacious main bar with seating, toilets (including disabled facilities), and a cellar. The kitchen was rebuilt in 2019 with modern equipment. The enclosed kitchen garden has several storage sheds, a cold store, and double gates for deliveries. The first-floor flat includes three bedrooms, a sitting room/4th bedroom, a kitchen, a bathroom, and a terrace overlooking the rear.

The lot will be auctioned by Auction House East Anglia on the 12th of June 2024 with a Guide Price of £275-300,000.

Development of Modern Office Building, Kings Lynn

(For Sale with Auction Estates)

Development of Modern Office Building in Kings Lynn - For Sale with Auction Estates with a Guide Price of £50,000 (June 2024)

A rare opportunity to acquire the final serviced development plot on Regis Place Office Park within North Lynn Industrial Estate, King’s Lynn. Ideal for constructing a 4,000 sq ft modern office building (subject to planning), the plot includes 13 allocated parking spaces. This development opportunity is situated in a well-established commercial area, close to the town centre and amenities.
The site is approximately 1.7 miles from the A149 and 2.5 miles from the A47 and A10, with hourly direct trains to London Kings Cross. Nearby attractions include Kings Lynn Golf Club and Knights Hill Hotel & Spa.

The lot will be auctioned by Auction Estates on 20th June 2024 with a Guide Price of £50,000.

Grade II Listed 11 Bed Hotel, Drayton

(For Sale with Auction House East Anglia)

Grade II Listed 11 Bed Hotel in Drayton - For Sale with Auction House East Anglia with a Guide Price of £800-1,000,000 (June 2024)

This distinguished Grade II listed 18th Century former Rectory currently operates as a renowned hotel restaurant and wedding venue. Located just four miles from Norwich city centre and three miles west of Norwich Airport, it enjoys easy access to the North Norfolk Coast and Norfolk Broads.

After 24 successful years of ownership, the current proprietors are retiring, presenting a unique opportunity for potential conversion to residential use pending planning approval. A listed building planning application is under review. The property boasts 11 bedrooms, expansive dining and entertainment areas, a professional kitchen, cellarage, and 1.55 acres of landscaped gardens. Additionally, planning permission exists to expand with seven additional rooms, enhancing business potential or accommodating larger living quarters.

The lot will be brought to auction by Auction House East Anglia on 12th June 2024 with a Guide Price of £800-1,000,000.