These auction properties in the East Midlands vary with various prices, sizes and locations. Offering huge potential for investors, these commercial and residential properties are all up for auction throughout March 2024.
Don’t miss out on this exceptional opportunity to acquire a two-bedroom mid-terraced house. While currently in need of modernisation, this property is perfect for buy-to-let investors, first-time buyers, or property developers. Once renovated, it’s estimated to fetch a rental income of around £700 per month. Ideally situated near local shops and amenities in Holmewood, with excellent transport links including key bus routes and easy access to the motorway network.
The accommodation comprises a lounge, a separate dining room with understairs storage, and a fitted kitchen with wall and base units. Upstairs, you’ll find two double bedrooms and a family bathroom with a three-piece suite. Outside, there’s an enclosed garden with a brick storage shed, completing this enticing property offering.
The lot will be brought to market by PriceLinsey Auctions on the 28th of March 2024 with a Guide Price of £70,000.
This spacious three-bedroom mid-terraced house is located in Langwith and presents a prime opportunity for a comprehensive refurbishment. Ideal for developers or buy-to-let investors, the property has the potential to be transformed into an exceptional family home, with an anticipated rental income of around £750 per month once renovations are complete.
The layout includes an entrance hallway with a staircase leading to the first floor, a kitchen, and a lounge/dining room. Upstairs, there’s a dual-aspect master bedroom, currently split into two double bedrooms, along with an additional separate bedroom. The family bathroom offers ample space and features a three-piece suite. Outside, the property boasts off-street parking to the front and a generously sized enclosed garden at the rear.
The lot will be brought to auction by PriceLinsey Auctions on 28th March 2024 with a Guide Price of £30,000.
This vacant two-bedroom detached bungalow presents an opportunity for modernisation. Situated in a sought-after residential area of Sutton-in-Ashfield, it features driveway parking and offers convenient access to the town centre, with easy reach to Mansfield, Nottingham, and the M1 motorway.
Ideal for either owner occupation or as a letting investment, this property holds the potential for enhancement to meet modern standards. Whether intending to reside or rent out, this bungalow provides flexibility and opportunity for those looking to invest in a property with scope for improvement and situated in a desirable location.
The lot will be brought to auction by Modern Method of Auctioneer First For Auctions on 27th March 2024 with a Guide Price of £120,000.
This vacant three-bedroom detached bungalow needs refurbishment and features driveway parking. Positioned in a sought-after residential area of Sutton-in-Ashfield, it offers the potential for extension or remodelling, subject to planning permission.
Conveniently located near the town centre, the property provides easy access to Mansfield, Nottingham, and the M1 motorway. With its prime location and scope for improvement, this bungalow presents an attractive opportunity for buyers seeking a project in a desirable neighbourhood. Whether intending to renovate for personal use or to capitalise on its rental potential, this property offers versatility and the chance to create a customised living space.
First For Auctions will bring the lot to modern auction on the 27th of March 2024 with a Guide Price of £150,000.
This three-bedroom house is an exciting opportunity in New Whittington. Upon entering through the front door, you’re welcomed into a spacious hallway which leads into the living room. Adjoining the living room, a well-equipped kitchen awaits. The ground floor is completed by a modern family bathroom. Upstairs, there are two generously sized double bedrooms alongside a single bedroom, suitable for various uses. A modern WC is conveniently located.
The well-maintained rear garden boasts a patio area, a grassed section, and a workshop offering versatility for office, gym, or playhouse space. With street parking available, this property combines comfortable living spaces, practical amenities, and outdoor tranquillity, making it an attractive property in Chesterfield.
The property will be brought to market by Modern Auctioneer GoTo Properties on 13th March 2024 with an Opening Bid of £150,000.
This vacant freehold property presents an opportunity as a 22-bedroom care home situated in a desirable residential area. Originally constructed in the early 1900s with recent extensions, the property spans boast ample space for potential conversion. It features a tarmac car park at the front and a spacious enclosed garden at the rear. 7 bedrooms boast ensuites and there are amenities which include an 8-person passenger lift.
Suitable for various uses, including conversion to residential, subject to planning permission, this property occupies a prominent location in Mansfield, surrounded by substantial detached properties. Approximately 1 mile from Mansfield Town Centre, there is easy access to major roadways like the A60 and M1 intersection approximately 7 miles away. The accommodation includes bedrooms, communal areas, office space, bathrooms, and storage facilities across the ground and first floors, offering versatility and potential for redevelopment.
The lot will be brought to auction by Bond Wolfe Auctions on 27th March 2024 with a Guide Price of £475,000.
This mid-terrace retail premises are located in the Shirebrook area. The vacant freehold retail property offers potential for various purposes, pending obtaining planning permission. Situated as a mid-terraced unit, it stands directly adjacent to the pavement, ensuring visibility and accessibility. The layout comprises a ground-floor retail space and a first-floor ancillary area.
With its versatile design and prime location, this property presents an enticing opportunity for investors seeking a flexible commercial space. Whether intended for retail operations or adaptable for alternative uses, such as offices or service facilities, this property holds promise for those looking to establish or expand their business ventures. With its strategic position and adaptable layout, this mid-terrace retail premises is a great addition to a property portfolio.
The lot will be brought to auction by Bond Wolfe Auctions on the 27th of March 2024 with a Guide Price of £5,000.
Offered with vacant possession, this freehold property comprises a former social club, land, and garages, with planning consent for the creation of two separate houses in multiple occupations (HMOs) totalling 13 bedrooms. Situated at the corner of Newgate Lane and Gladstone Street, it includes a social club, a lockup shop with a flat, and vacant land off Gladstone Street.
Located within walking distance of Mansfield Centre, the property enjoys easy access to a variety of amenities including shops, leisure facilities, and transportation links to Nottingham and Worksop. Planning permission was granted for the conversion of the social club, retail unit, and ground floor apartment into two HMOs, along with demolition and construction work. The lot features approved plans for two independent HMOs, off-street parking for 6 cars, and additional external storage comprising 4 garages and a bike store.
This three-storey mixed-use property is located in Church Gresley in Swadlincote. Featuring a swimming pool on the ground floor and a first-floor conservatory, this has several potential letting opportunities.
Spanning three storeys, this property offers diverse potential uses. It presents opportunities for retail ventures or other business endeavours. With its attractive features and strategic location, the unique property offers a great commercial rental opportunity.
Butters John Bee Auctions will bring the lot to auction on the 25th of March 2024 with a Guide Price of £95,000.
This freehold investment opportunity presents a mixed-use property comprising a retail shop with two flats above, along with an adjoining workshop at the rear with gated driveway access. Situated in a prime trading position in the heart of a popular village shopping centre of South Normanton, it enjoys easy access to the A38 and M1 motorways.
The shop, formerly a family-owned newsagents, now sits vacant. The workshop, divided into two compartments, offers ample space for various purposes. Additionally, there is a double-fronted retail area with roller shutter doors, a kitchen, and a WC. The flats, in need of upgrading, feature two double bedrooms and a bathroom. Positioned in South Normanton, with excellent amenities and swift access to major roadways to Alfreton, this property offers immediate vacant possession.
SDL Property Auctions will bring this property to auction on 27th March 2024 with a Guide Price of £85,000.