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.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
We have discovered some of the best properties up for auction in East Anglia in March 2024. These property deals coming to auction have investment potential and range in size, location and price.
This two-bedroom semi-detached bungalow is situated on Dennis Road in Norwich. This brick-built semi-detached bungalow features a single-floor layout, encompassing two bedrooms, a sitting room, a dining room, a conservatory, a kitchen, and a bathroom.
The property includes front and rear gardens. Requiring renovation, it appeals to various investors seeking a property investment with potential in this sought-after city area. Positioned in Norwich’s northern outskirts, it offers convenient access to transport links, with direct routes to the city.
The lot will be brought to auction with Brown & Co Auctions on 26th March 2024 with a Guide Price of £175-195,000.
This traditional three/four bedroom semi-detached house was a rental previously and is now available for sale unoccupied. Located in Attleborough, it has undergone recent extensions including adding a downstairs bedroom with an en-suite shower room.
Requiring enhancements and modernisation, the property could be renovated to add value and sell at a higher price. Outside, the front garden features grass and a concrete hardstanding area, while the rear garden, predominantly paved, requires refurbishment. Situated in the quaint village of Stow Bedon in southwest Norfolk, it offers access to the bustling market towns of Watton and Attleborough, both offering amenities and services.
The lot will be brought to auction by Brown & Co Auctions on the 26th of March 2024 with a Guide Price of £130-150,000.
This contemporary detached house offers three bedrooms and two bathrooms. Boasting gardens, a driveway, and a garage, the property is currently vacant and is nestled in a tranquil cul-de-sac within Trimley St. Mary village in Felixstowe.
Renowned for its sandy beaches, Edwardian gardens, and iconic pier, the location offers a serene yet vibrant lifestyle and would be ideal to rent to holidaymakers. Felixstowe’s bustling town centre is just 1.6 miles away, providing excellent shopping amenities and a railway station offering services to London, enhancing the convenience and appeal for tenants if you’re looking for a rental opportunity.
The lot will be brought to auction by Network Auctions on 21st March 2024 with a Guide Price of £220-240,000.
This two-bedroom link detached bungalow is for individuals over 55 and requires refurbishment. Nestled on a tranquil no-through road in Great Yarmouth, it enjoys a coveted location near amenities including a golf course and the beach. With off-road parking and both front and rear gardens, the property offers convenience and potential.
Positioned on the southern outskirts of Gorleston, less than two miles north of Hopton on Sea, the semi-detached bungalow benefits from proximity to amenities and coastal attractions. The front features a lawned garden and a driveway leading to a garage, while the rear garden requires some attention. The ground floor comprises an entrance hall, two bedrooms, a shower room, a kitchen, a lounge, and a conservatory, providing comfortable living spaces awaiting enhancement.
The lot will be brought to auction by Auction House East Anglia with a Guide Price of £175,000 on 20th March 2024.
This four-bedroom terraced home is nestled within a conservation area, in Norwich and is ripe for a modernisation project. Occupied by the same family for over 50 years, it now awaits refurbishment to unlock its full potential and add value to the property. Featuring a grand entrance hall, the property comprises two reception rooms, a kitchen, a ground-floor bathroom, and storage space. Upstairs, four bedrooms offer ample accommodation.
Abounding in period charm, the terrace house retains its character. On-street parking is available at the front, while a sizable enclosed rear garden boasts outbuildings. Offered as a freehold property, its location is enriched by the presence of Catton Park, shops and schools
The lot will be brought to auction by Auction House East Anglia on 20th March 2024 with a Guide Price of £200-250,000.
This exciting office redevelopment prospect awaits in the heart of Saxmundham, featuring three attached elements and a rear garden. Offering ample potential for transformation, subject to planning permission, this property offers possibilities to add to the property price with the right enhancements. Positioned just off the High Street, towards the centre of Saxmundham, the property enjoys convenient access to various local amenities.
Moreover, the office development opportunity lies a mere 0.2 miles north of the train station, enhancing its accessibility and appeal to prospective developers. With its strategic location and versatile layout, this property presents an exciting opportunity for those seeking to embark on a redevelopment venture in this vibrant town centre.
The property will be auctioned by Auction House East Anglia on 20th March 2024 with a Guide Price of £200-250,000.
The Ship, a former public house, occupies a prominent position on the outskirts of Oulton Broad in Lowestoft. Sadly, the building now sits in a derelict state and requires full restoration. Despite its condition, the property boasts a beer garden at the rear, with plans for the owners to retain a portion of the land and establish new boundaries.
With the appropriate planning permissions, this building holds the potential to be transformed into a stunning residence that could be used for commercial or residential opportunities. Outside, the property offers hardstanding parking to the front, along with access to the beer garden, promising opportunities for those looking to restore and reimagine this once-iconic establishment or create a residential home.
The lot will be brought to auction by Auction House East Anglia on 20th March 2024 with a Guide Price of £80,000.
A notable commercial unit is now available for sale in a central location in Bury St.Edmunds. The current tenants have been given notice to vacate and this is ready for the refurbishment needed before renting out to a commercial tenant. This property has housed the same business for an extended period, generating an annual income of £12,500.
Located in the heart of Mildenhall, it holds potential for various purposes pending planning permission. Mildenhall, a market town conveniently situated near the A11, provides straightforward access to both Norwich and London. Whether for retail, office, or alternative ventures, this versatile commercial space presents an enticing investment opportunity.
The lot will be auctioned by Barnard Marcus Auctions on 12th March 2024 with a Guide Price of £120,000.
This vacant commercial property presents an opportunity for redevelopment, featuring five flats currently leased, alongside an empty commercial unit. Subject to planning permission, the commercial space holds the potential for conversion into 2 or 3 additional flats. The property, listed as Grade II, requires refurbishment for the commercial section and this could add value to the property.
All five flats are currently let on Assured Shorthold Tenancies, with four on rolling contracts and one awaiting renewal. Offering investment potential, units 3 and 4 Nene Quay are being sold as a single lot, albeit on separate titles. Situated in the popular Fenland market town of Wisbech, the property provides easy access to the town centre’s amenities and also offers a regular train service to Peterborough, with connecting trains to London.
The lot will be auctioned by Barnard Marcus Auctions on 12th March 2024 with a Guide Price of £280,000.
This single-storey former post office is situated in Cambridge and offers a freehold opportunity with vacant possession. This rare city centre commercial property holds potential for alternative uses subject to planning permission. Historically serving retail purposes, the single-story former post office requires refurbishment and value could be added to the property.
It features a recessed sales entrance and sales frontage onto Gwydir Street in Cambridge. The property is centrally located with Mill Road and East Road nearby and the immediate area primarily comprises residential properties. Local amenities include Norfolk Street Bakery, The Alexandra Arms public house, and Norfolk Street Dental Practice making this a great commercial spot.
The lot will be brought to auction by Cheffins Auctions on 6th March 2024 with a Guide Price of £125-150,000.
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