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.
With tons of investment potential, these residential and commercial properties in Essex are up for auction in March and April. We have compiled some of the best that vary in location, price and size in Essex.
Situated within the esteemed Wheatley estate, this generously sized four-bedroom semi-detached property offers a compelling opportunity without an upper chain. While it requires full modernisation, the property holds immense potential to become an ideal family residence in a coveted locale.
The property comprises an entrance hall, a generously extended lounge, a dining room, a well-proportioned kitchen, a ground-floor bathroom, and four bedrooms on the first floor, complemented by a rear garden. With the train station and main roads providing access to the centre of Rayleigh, there are schools, amenities and leisure facilities close by.
The lot will be brought to auction by GoTo Properties on the 16th of April 2024 with an Opening Bid of £400,000.
Located on Cornflower Road, this two-bedroom detached bungalow is located close to all the amenities that Clacton-on-Sea offers. With proximity to the seafront, the bungalow is an ideal holiday rental.
This detached two-bedroom bungalow boasts off-road parking and gas central heating for added comfort. Positioned within 0.5 miles of nearby shops, amenities, and the picturesque local seafront, it offers convenience and accessibility.
The property will be brought to auction by iamsold on 2nd April 2024 with a Starting Bid of £80,000.
This three-bedroom semi-detached house in Grays comes with the added benefit of no onward chain, offering convenience for prospective buyers. Situated within easy reach of local shops, schools, and amenities, including A13/M25 road links, it ensures practicality and accessibility.
The well-proportioned layout comprises a hallway, spacious lounge, sizable fitted kitchen, WC, and shower on the ground floor, with three bedrooms and a bathroom on the first floor. External space includes a rear garden in need of landscaping and ample front space, potentially suitable for off-street parking. This property presents an ideal opportunity for those seeking a comfortable family home with the added advantage of a convenient location.
iamsold will bring the lot to auction on 29th March 2024 with an Opening Bid of £325,000.
This well-presented three/four bedroom property is located in Romford. The ground floor comprises a generously sized lounge and a modern, spacious breakfast kitchen towards the rear. Upstairs, you’ll find three well-proportioned bedrooms along with a modern family bathroom. Additionally, a staircase leads up to a loft space that has been converted into a fourth bedroom.
With minor adjustments such as adding a dormer and obtaining planning permission, this space could become an official fourth bedroom. The property also features a large plot to the side, offering the potential for significant extension or even the construction of a second dwelling (subject to planning permission). Outside, there is a spacious garden and off-street parking, enhancing the property’s appeal and potential for future development.
The lot will be taken to the auction by iamsold on 27th March 2024 with a Current Bid of £390,000.
This three-bedroom semi-detached house is located in Epping. On the ground floor, there is a reception room, a kitchen and a WC. On the first floor, there are three bedrooms and a bathroom. The property includes a rear garden. Epping Underground station (Central line) is conveniently located approximately 0.4 miles to the east, offering easy access to transportation. Additionally, the shops and amenities of Epping are situated to the north.
Positioned on the north side of Broadoaks, the property benefits from proximity to local conveniences. Moreover, the M25 motorway lies to the southwest, facilitating travel to surrounding areas. The recreational area is also located to the west, providing residents with nearby green space for leisure activities.
Allsop Auctions will bring the lot to auction on 26th March 2024 with a Guide Price of £375,000.
This two-bedroom detached house is located on Bromley Road in Elmstead. On the ground floor, there is a reception room, a kitchen, a utility room and a bathroom, ensuring practical living spaces. On the first floor, you’ll find two bedrooms alongside an additional room, offering flexibility for various purposes.
Both front and rear gardens provide outdoor areas for relaxation and recreation. This layout offers functionality and comfort for residents, with the ground floor hosting essential living areas and the first floor offering sleeping quarters and additional space.
Allsop Auctions will bring the lot to auction on 26th March 2024 with a Guide Price of £200-225,000.
This two-bedroom detached bungalow rests on a spacious plot situated on the Essex coast. A great holiday rental property, the bungalow is a freehold property with full residential status. Lying within a mere 50 meters from the seafront at Seawick, while the historic St Osyth Village is approximately 2 miles away.
Outside, the front of the property features access via an unmade road leading to a private hardstanding driveway with off-street parking and a garage with an up-and-over door. The rear of the property occupies a generous irregularly shaped plot, predominantly laid to lawn and a sunken pond. The garden overlooks a rural open aspect, providing scenic views. The location of Seawick offers a tranquil coastal setting, approximately 5 miles west of Clacton-on-Sea and 12 miles southeast of Colchester.
Auction House Essex & Kent will bring the lot to auction on 26th March 2024 with a Guide Price of £115,000.
Offering a lucrative investment opportunity, this freehold mixed-use property is strategically located on a bustling road in Braintree’s town centre with all its amenities. The premises comprise a ground-floor retail unit and a first-floor one-bedroom residential apartment.
Presently, the one-bedroom unit is rented for £525 per calendar month while the retail space is currently vacant but holds promise to yield up to £12,000 per annum. Additionally, there exists the potential for a loft conversion, subject to obtaining planning consent. The property boasts the added convenience of two parking spaces, enhancing its appeal to both tenants and businesses alike.
The lot will be taken to the auction by GoTo Properties on 11th April 2024 with an Opening Bid of £150,000.
This former 11-bedroom care home is a compelling opportunity for developers and investors with a multitude of uses. Set on a site spanning 2 acres and surrounded by residential areas, it holds significant development potential, subject to obtaining the necessary consent. The total site area is currently vacant and located in Colchester.
The property features various single and two-storey annexes to the rear. A large rear garden extends to an open field to the northeast of the building, offering potential for further expansion or development. Additionally, there is a forecourt hardstanding area used for parking, enhancing the property’s practicality and accessibility. Don’t miss this opportunity for a versatile development project in a desirable location.
The property will go to auction with Savills Auctions on the 16th of April 2024 with a Guide Price of £500,000.
Comprising 4 three-bedroom houses, 2 three-bedroom flats, 34 two-bedroom flats, and 5 one-bedroom flats, along with office accommodation and a warehouse, this development site offers diverse residential and commercial spaces. With 72 parking space
s, 12 powered 2-wheeler parking spaces, and 49 cycle spaces, it caters to various transportation needs. Situated on the north side of the high street, overlooking the River Stour, the property enjoys proximity to local shops, pubs, and restaurants in Mistley. Further amenities are available in Manningtree to the west. Mistley Station is just 0.1 miles southeast, while Manningtree rail station under two miles away offers regular direct services to London Liverpool Street.
The lot will be brought to auction by Allsop Auctions on the 26th of March 2024 with a Guide Price of £895,000.
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