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.
Here in this article, we take a look at some of the best residential and commercial properties reaching the auctions in the area of Essex. These properties have been chosen from a variety of agents across the region with investment potential in mind.
The properties are situated around Essex and come in different sizes, and locations and with a variety of price tags. Take a look at some potential investments below.
This two-bedroom detached house is located on Northview Drive and is arranged over two floors. Near local shops and amenities, it is just a short walk away from Westcliff rail station, offering easy access to other parts of the city.
The ground floor features an open-plan reception/kitchen, a utility room, an office, and a shower room. On the first floor, there are two bedrooms and a bathroom. The property also benefits from both front and rear gardens.
With its charming design and peaceful surroundings, this two-bedroom detached house is a perfect choice for those looking for a buy-to-let property that is ready to be rented.
The lot will be brought to auction by Auction House London on 19th April 2023 with a Guide Price of £270,000.
This three-bedroom semi-detached house is being offered for sale with the added advantage of no onward chain, making it an ideal purchase for investors. Nestled in a highly sought-after location in Harwich (20 miles from Colchester), the property is situated within proximity to the seafront, town centre, and railway station.
The property boasts one reception room, three bedrooms and a bathroom. There is also an appealing conservatory. Off-road parking is also available. With all these desirable features and location, this property represents an opportunity to invest further and add value to the property.
The property will be auctioned by iamsold on 30th March 2023 with a starting price of £165,000.
This three-bed end terrace property is a worthwhile buy-to-let opportunity. With ample parking and easy access to local amenities, this property just needs some improvement and TLC. The property’s ground floor comprises a reception room, kitchen, and bathroom with WC. Moving upstairs, you will find three well-proportioned bedrooms,
The property also benefits from a rear garden and a garage with additional off-street parking for added convenience. Situated on the northeast side of Roding Road, this property is perfectly located for easy access to the M11 motorway and Loughton Underground Station.
Local shops and amenities are readily available nearby along Oakwood Hill, making this an ideal location for those who value convenience.
This property is on for auction with Allsop Auctions on 30th March 2023 with a starting bid of £300,000
This three-bed mid-terrace property offers a renovation project with plenty of potential. The property comprises three bedrooms spread over two floors and it does require some refurbishment. The property also benefits from front and rear gardens and a garage.
Located on a peaceful cul-de-sac, the property has excellent transport links available, with the station just a short distance away. Local amenities such as shopping facilities are within proximity, and there are plenty of recreational facilities nearby.
The lot will be brought to auction by BidX1 on 30th March 2023 with a Guide Price of £170,000.
This freehold three/four bedroom detached chalet is ideal for investors seeking a high-yield buy-to-let property. The property is spread over two floors, making it an ideal investment opportunity. The property has recently been let out and there is potential for the rental income to be increased further when re-let, providing an even higher potential yield.
The property is freehold and comprises of a lounge, open plan kitchen, three/four bedrooms, a bathroom, and a WC. The property also features a fully enclosed front garden and an enclosed rear garden. Invest in a high-yield property with potential for future rental income.
The lot will be brought to auction by Dedman Gray Auctions on the 29th of March 2023 with a Guide Price of £65,000 plus fees.
This unique mid-terrace building, previously operated as a bakery, offers a versatile space. The ground floor comprises a service area, tea room, store room, WC, and kitchen, while the first floor features a kitchen/reception room, two bedrooms, a bathroom, and a store. The property also benefits from a garage and parking to the rear.
Located on the north side of High Street in Manningtree, this property is well situated for access to local shops and amenities. Manningtree rail station provides transport links to London. Ideal to refurbish and buy-to-let.
It will be brought to auction by Allsop Auctions on 30th March 2023 with a Guide Price of £25o,000.
This ground-floor office is situated in Grade II listed building. Located within proximity to Rochford town centre and railway station, the property is only a mile from Southend Airport. The office consists of a front office area, rear office, kitchen and WC and this offers a good projected rental income.
The property is in a popular location, offering easy access to local amenities such as shops, restaurants and public transport. The town centre and railway station are within proximity, making it a convenient location for commuters. With its projected rental income and location, this vacant office presents a compelling commercial investment opportunity.
The property will be brought to auction by Dedman Gray Auctioneers on 29th March 2023 with a Guide Price of £90,000.
The former workshop units were previously utilized by NELFT and the Council’s Social Services. This property offers excellent accessibility and is a great development opportunity. The property also benefits from an electrical substation adjoining the access from Heather Avenue.
The location of the property is highly convenient with amenities and transport links nearby. This property offers immense potential for those looking for a space to provide services such as workshops, clinics, or offices, as it has previously been used for similar purposes. Located in Romford, this is a vacant property with tons of potential.
The property will be brought to auction by Strettons on 30th March 2023 with a Guide Price of £150,000 plus fees.
This freehold shop with planning consent is located in a cul-de-sac off West Road, near local shopping and travelling facilities in Southend-on-Sea. The end-of-terrace shop has planning consent granted by Southend-on-Sea Borough Council for a change of use from a Ground Floor Retail Unit to a Live Work Unit with a Retail/Office Area to the Front. A parking space is included.
The Upper Maisonette 11(A) is sold on lease for a term of 125 years from 1987 with vacant possession. Potential buyers can take advantage of the opportunity to change the use of the commercial unit into a retail area and studio apartment to the rear which would make a good return on your investment.
This vacant freehold commercial unit with living accommodation on the first floor and garden/outside space to the rear is situated in a prime location within easy access in Westcliff-on-Sea. Close to a shopping area, and public car parks, the premises were most recently used as a Chinese Takeaway. The first floor, which can currently only be accessed from within the ground floor unit, consists of four rooms and a bathroom/WC.
In addition, this property has the added advantage of direct access to a garden area/outside space located at the rear. This property with its versatile layout and prime location can be used for a variety of commercial ventures.
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