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.
If you’re seeking auction properties in East Midlands that will provide you with the best possible return on investment, take a look at this selection. Varying in size and location, here is a look at the residential and commercial properties for sale by auction during May 2023.
This three-bed property in Mansfield offers potential and requires some work and modernisation throughout. On the ground floor, there is a lounge, a kitchen diner, and a conservatory.
Moving to the first floor, you will find two double bedrooms, a single bedroom, and a family shower room. In addition to this, the property also comes with plenty of storage. Externally, the property benefits from off-street parking that can accommodate several cars and a carport to the side as well. There is also a rear garden.
The lot will be brought to auction by GoTo Properties with Bidding Ending on 26th May 2023 with an Opening Bid o of £180,000.
This four-bed detached house is situated in the desirable location of Clipstone Road West. The property boasts four bedrooms, two bathrooms, and three reception rooms. The kitchen and bathrooms have been recently renovated and there is plenty of potential for further extension to the side and rear of the property, subject to the necessary permissions and regulations.
Outside, the property boasts off-road parking for multiple vehicles. The prominent location of the property in Mansfield provides easy access to local amenities and excellent transport links.
The lot will be on GoTo Properties with an End Date of Bidding on 31st May 2023 with an Opening Bid of £275,000.
This mid-terraced property boasts two bedrooms and is being offered for sale with no onward chain. Inside, there is a lounge and a dining/kitchen. There is also a bathroom and two good-sized bathrooms.
To the rear of the property, there is an enclosed garden. This property offers potential as a buy-to-let investment or this property could be renovated with added value. Located in Ilkeston, the property offers good proximity to amenities.
The lot will be taken to modern auction by iamsold on 26th May 2023 with a Guide Price of £80,000.
This two-bedroom mid-terrace property located in Gainsborough (Lincolnshire) is being offered through auction. Comprising a lounge, dining room, kitchen, downstairs bathroom, and two double bedrooms with a further bathroom located on the first floor, there is ample space for potential.
For those looking for a renovation project or for investors seeking a rental property, this terrace is located on Charles Street in a prime location within Gainsborough, providing easy access to a range of local amenities, transport links and schools.
The lot will be taken to auction by the Auction House on 25th May May 2023, with a Guide Price of £60,000.
This bay-fronted three-bed terraced house is located on the outskirts of Lincoln’s City Centre. The property boasts a living room, dining room, kitchen, downstairs four-piece family bathroom, first-floor landing and three bedrooms. There is the bonus of a converted attic space.
Externally, the property features an enclosed garden to the rear. Additionally, there is a single garage located to the rear of the property, The property is south of Lincoln city, providing easy access to neighbouring villages and towns, with several amenities within walking distance.
The lot will be sold with cleared and vacant possession and auctioned by GoTo Properties on 23rd May 2023, with a Guide Price of £20,000.
This two-storey end-of-terrace property is a former office building with a main office, separate kitchen, and WC, as well as a rear courtyard on the ground floor. The first floor features two separate offices, a landing, and another WC. The accommodation could be reconfigured to create a residential dwelling or two separate apartments, subject to the necessary planning approvals.
Located along Rutland Street in Matlock, the property is in an area with several local retailers and converted buildings providing residential accommodation. The town is situated 9 miles southwest of Chesterfield, 19 miles north of Derby, and 20 miles south of Sheffield.
The lot will be taken to auction by SDL Property Auctions on 25th May 2023 with a Guide Price of £165,000.
This commercial building is currently being used as a woodwork shop and storage for a joinery business in Netherfield. The property offers a spacious woodworking area, separate office space and storage above. It also has a driveway providing access and additional storage space at the front. However, the building requires renovation and building works to restore it to its full potential.
This premises was formerly a joinery business that is no longer in operation and the property is currently being used for storage. The main workshop area has double doors to the front elevation, with light and power, and stairs that lead up to the upper workshop area. The upper workshop area has windows and a sectioned office area.
The property will be brought to auction by SDL Property Auctions on 25h May 2023 with a Guide Price of £39,500-50,000.
The mid-terrace property consists of a ground-floor shop and a split-level flat on the first and second floors. The flat has two rooms, a reception room with an open-plan kitchen and a bathroom. The property is being offered for sale with freehold.
Located on a mixed-use road, the property is within easy reach of local amenities and the open spaces of The Canch. Worksop rail station provides transport links to the surrounding areas across Nottinghamshire.
The lot will be brought to auction by Auction House London on 23rd May 2023 with a Guide Price of £20,000.
The property is located on Ropery Road in Gainsborough, which is a mostly residential area with some retail units nearby. It is conveniently situated on a primary bus route into Gainsborough town centre and offers easy access to the village of Morton. Gainsborough has a range of facilities and amenities close by.
This property is a rare find, offering deceptively large accommodation over four floors. It has the potential to be developed for both retail and residential purposes (to add future value), subject to obtaining the necessary planning consent.
The lot will be brought to auction by Auction House Lincolnshire on 23rd May 2023 with a Guide Price of £85,000.
Located on High Street, this semi-detached property is conveniently situated near local shopping facilities and just a short drive from Shirebrook Train Station.
The property is a shop with an upper part that requires modernisation. Accommodation is arranged on two floors, with two rooms on the first floor and a shop premises and a rear room on the ground floor. Additionally, the property has a garden at the rear. With some work and renovation, this property offers the potential for a variety of uses.
The lot will be brought to auction by McHugh&Co Auctioneers on 23rd May 2023 with a Guide Price of £10,000.
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