May/June Auction Property Deals of the Month – Essex

If you’re seeking residential and commercial properties in the Essex area that are available via auction, we have uncovered some of the best that will provide you with the best possible return on investment. Take a look at this selection covering May and June 2023 in Essex.

Residential Auction Properties Essex

3 Bed Terrace Property, Harwich

(For Sale with Auction House East Anglia)

3 Bed Terrace House in Harwich - For Sale with Auction House East Anglia with a Guide Price of £130-150,000 (May 2023)

This charming three-bedroom mid-terraced house is nestled within a small seaside town, conveniently located only a few miles away from Harwich (20 minutes from Colchester).

Boasting a well-proportioned layout, the property comprises three bedrooms and a significant kitchen/diner. The house needs refurbishment in all areas and offers plenty of potential to secure a parking space at the front of the property, subject to the necessary planning permissions.

Given its location and its prospects in both the resale and rental sectors, with some dedicated effort and renovations, this house has the potential to become a highly desirable home or a lucrative investment.

The lot will be brought to auction by Auction House East Anglia on the 14th of June 2023 with a Guide Price of £130-150k.

2 Bed Terrace Property, Harwich

(For Sale with iamsold)

2 Bed Terrace Property in Harwich - For Sale with iamsold with a Starting Bid of £155,000 (May 2023)

This two-bedroom terrace property is well-presented with characterful features and would make a good buy-to-let rental. Located in Harwich, the town is rich in history and possesses a distinct maritime charm. The town offers a diverse array of restaurants, bars, cafes, and pubs.

The seaside of Harwich boasts an acclaimed Blue Flag beach renowned for its pristine beauty. The accommodation is spread across three floors with a kitchen and lounge on the ground floor, two bedrooms and a bathroom on the first and further bedroom space on the third floor.

The lot will be taken to auction by iamsold on 5th June 2023 with a Starting Bid of £155,000.

2 Bed Semi-Detached Property, Clacton-on-Sea

(For Sale with iamsold)

2 Bed Semi-Detached Property in Clacton-on-Sea - For Sale with iamsold with a Starting Bid of £170,000 (May 2023)

Presented with no onward chain, this semi-detached house is arranged as two flats and is sold with the freehold. The property offers a ground floor comprising a lounge, kitchen, bedroom, and bathroom, while the first floor comprises a lounge, kitchen, bedroom, and bathroom. Additionally, the property includes a garden and on-road parking.

Situated in proximity to Clacton town centre and the mainline train station, residents can enjoy convenient access to direct links to London Liverpool Street. There is a need for refurbishment and this would make a good project.

The lot will be taken to auction by iamsold modern method auction house on 1st June 2023 with an opening bid of £170,000.

2 Bed Terrace House, Harlow

(For Sale with iamsold)

2 Bed Terrace Property in Harlow - For Sale with iamsold with a Starting Bid of £220,000 (May 2023)

This chain-free, mid-terraced house has 2 bedrooms and is located in the highly desirable Hookfield area of Harlow. Situated centrally, this property offers convenient access to the Bush Fair Shopping Centre, providing a range of local shops, supermarkets, pubs, playing fields, and esteemed schools. The location also offers easy reach to the M11.

The accommodation comprises an entrance porch, a family lounge, a well-appointed kitchen, a landing, 2 bedrooms, a family bathroom, and a rear garden featuring a patio and a lovely lawn. Well presented, this property could be let straight away.

The lot will be taken to auction by iamsold on 31st May 2023 with a Guide Price of £220,000.

3 Bed Mid-Terrace Property, Dagenham

(For Sale with Savills Property Auctions)

3 Bed Mid-Terrace Property in Dagenham - For Sale with Savills Property Auction with a Guide Price of £200,000 (May 2023)

This mid-terrace house has three bedrooms and is located in the popular town of Dagenham. This property requires updating and offers great potential. It features the advantage of both front and rear gardens. Inside, the ground floor has two reception rooms and a kitchen and the first floor has three bedrooms and a bathroom.

Conveniently situated near the amenities of Dagenham, the property is located near the junction of Boleyn Gardens and Ballards Road. The town centre of Dagenham offers a range of shopping amenities. For recreational activities, residents can enjoy the nearby green spaces of The Leys and Old Dagenham Park.

The lot will be taken to auction by Savills Property Auctions on 31st May 2023 with a Guide Price of £200,000.

3 Bed Mid Terrace Property, Dagenham

(For Sale with Savills Property Auctions)

3 Bed Mid-Terrace Property in Dagenham - For Sale with Savills Property Auction with a Guide Price of £180,000 (May 2023)

This three-bedroom mid-terrace house presents an opportunity for improvement and updating. The property holds the potential for a rear extension, subject to obtaining the necessary consent. Conveniently situated near the junction of Beam Avenue and Oval Road South in Dagenham, it benefits from off-street parking and a rear garden.

The property offers a lounge, kitchen and bathroom on the ground floor while there are three bedrooms on the first floor. The town centre of Dagenham offers a range of shopping amenities within proximity. With improvement and refurbishment, this would be a good investment.

The lot will be taken to the auction by Savills Property Auctions on 31st May 2023 with a Guide Price of £180,000.

Commercial Auction Properties – Essex

Commercial Property, Rochford

(For Sale with Dedman Gray Auctions)

Commercial Property in Rochford - For Sale with Dedman Gray Auctions with a Guide Price of £100,000 (May 2023)

This unoccupied Grade II listed freehold building is positioned just off the square, offering a significant projected rental income. Spanning two floors, this property is situated in a well-established trading area within Rochford Town Centre, conveniently located a short distance from Rochford Railway Station.

The commercial premises benefit from a large public car park at the rear. With the necessary planning consent, the versatile unit holds the potential for various uses. The ground floor comprises four rooms, while the first floor accommodates an additional two rooms.

The property will go to auction with Dedman Gray Auctions on the 24th of May 2023 with a Guide Price of £100,000.

Single Storey Unit, Loughton

(For Sale with Auction House London)

Single Storey Unit in Loughton - For Sale with Auction House London with a Guide Price of £5,000 (May 2023)

The property consists of a single-storey unit, offering convenient accessibility on a residential road near local shops and amenities. With the ability for various business opportunities, this would make a good commercial rental in Loughton.

The expansive Epping Forest, with its beautiful open spaces, is easily accessible from this location. For transportation, Loughton underground station on the Central line provides excellent connectivity to the centre of London.

The lot will be brought to auction by Auction House London on 24th May 2023 with a Guide Price of £5000.

Two Lock Up Retail Units and Two Flats, Waltham Abbey

(For Sale with Strettons Auctions)

Two Lock Up Retail Units and Two Flats in Waltham Abbey - For Sale with Strettons Auctions with a Guide Price of £390,000 (May 2023)

An investment opportunity awaits with this freehold mixed-use commercial and residential town centre property. The property comprises two lock-up retail units and two flats, offering a versatile range of income streams. Moreover, the property benefits from full planning permission for an additional flat, enhancing its potential further.

Situated in Waltham Abbey, a charming town and civil parish within the Epping Forest District of Essex, this property enjoys a strategic location just north of the M25 Motorway. The property occupies a favorable position on the south side of Sun Street with esteemed establishments close by. This prime location ensures excellent visibility and footfall for the commercial units, while the residential aspect adds to the property’s desirability and potential returns.

The lot will be brought to auction by Strettons Auctions on 23rd June 2023 with a Guide Price of £390,000.

Lock Up Shop with Maisonette, Billericay

(For Sale with Dedman Gray Auctions)

Lock Up Shop with Maisonette in Billericay - For Sale with Dedman Gray Auctions with a Guide Price of £160,000 (May 2023)

This freehold building presents a fantastic investment opportunity, prominently situated on a bustling shopping parade in the sought-after residential area of Billericay. The parade boasts various amenities, ensuring a steady stream of foot traffic. The property itself comprises a lock-up shop, currently leased to a florist. Additionally, there is a maisonette located above the shop, sold on a long leasehold, along with a garage.

It is worth noting that the leasehold flat has approximately 66 years remaining on its lease (which is arguably short), offering the potential for additional income through a lease extension, which allows investors to maximize the property’s earning potential.

Dedman Gray Auctions will bring the lot to auction on 24th May 2023 with a Guide Price of £160,000.