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 property in Newcastle and the North East 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 terraced property is situated in a highly sought-after location in Sunderland, with numerous amenities such as bars and restaurants nearby. The property itself boasts a spacious layout, with two large reception rooms, a well-equipped kitchen, and a family bathroom with a separate bath and shower. Upstairs, you’ll find three bedrooms, including a double master bedroom and two smaller bedrooms.
Additionally, the property offers a private rear yard that can be used for off-street parking. This property is move-in ready and provides an opportunity for buy-t0-let.
The lot will be brought to auction by GoTo Properties with Bidding Opening on 11th May 2023 with a Guide Price of £75,000.
This two-bedroom terrace property is situated on Ridley Street in Stanley (County Durham). The accommodation comprises an entrance door that leads to a lounge area and a kitchen/diner. A staircase leads to the first floor, which provides access to two bedrooms and a bathroom.
Externally, the property boasts a rear garden and there is off-street parking available. The property needs modernising and would make a good buy-to-let opportunity.
The lot will be taken to modern auctioneers iamsold on 25th May 2023 with a Starting Bid of £50,000.
This terraced house with three bedrooms needs modernising and would make a good project. The property comes with the added advantage of off-street parking, a ground-floor bathroom, and a first-floor shower room. There is also potential for further expansion into the loft, providing even more living space or an additional bedroom.
Located in Stanley, the accommodation includes a lobby, hallway, lounge, dining room, kitchen, bathroom/WC, first-floor landing, shower room/WC, and three bedrooms. The property also features a rear yard which provides off-street parking
The lot will be taken to auction by Auction North on 19th May 2023 with a Guide Price of £96,000.
This freehold property is a mid-terrace house with two bedrooms, spread across the ground and first floors. It is currently in need of refurbishment. Situated on a residential road in Shildon, this property is conveniently located close to local shops and amenities. Hackworth Park’s open spaces are easily accessible, and transport links can be found at Shildon rail station.
On the ground floor, the property features a reception room and a kitchen. The first floor comprises two bedrooms and a bathroom. The property boasts a rear yard that comes as an added benefit.
The lot will be taken to auction by Auction House London on 24th May May 2023, with a Guide Price of £10,000.
Located off Bath Road in Newcastle, this three-bed semi-detached property benefits from being near local shopping facilities and only a short drive from the amenities available in Newcastle Town Centre.
The property itself is a semi-detached house that requires modernisation. The accommodation is arranged over two floors. On the first floor, there are three bedrooms and a bathroom. The ground floor comprises an entrance hall, a living room, and a kitchen. The property also benefits from a driveway that provides off-street parking, a front garden and a garden at the rear.
The lot will be taken to auction by McHugh&Co Auctioneers on 23rd May 2023, with a Guide Price of £20,000.
This vacant commercial property with offices over is now available for sale. Formerly occupied by William Hill Bookmakers, the property has been extended to the rear and is accessible from the rear of the premises as well. This property has a lot of potential for renovation and repurposing.
The property is located on a main road (A690) in the town of Willington and is part of a row of retail premises. The nearest train station is just a 10-minute walk away, providing easy access to and from the property. This prime location makes it an appealing proposition for a range of businesses, from retail to office-based operations, and the offers potential for redeveloping the space.
The lot will be taken to auction by Town and Country Property Auctions on 31st May 2023 with a Guide Price of £50,000.
This commercial development in Middlesborough boasts two retail/food units at the front and an additional unit at the rear, offering income potential. Currently, a single tenant occupies the entire front of the building for their established Cafe business, paying monthly rent and this area features a fully fitted kitchen, storage areas, and two toilets. Meanwhile, the rear storage space was recently vacated by a tenant who had used it as a joiner’s workshop and store.
With an already established tenant in place and the potential for additional rental income from the other units, this property has a current yield of 7.2%. The property is located on Sotherby Road, which is a main through route of Skippers Lane Industrial Estate. The area is surrounded by numerous national retailers and is located near the A66 East and West carriageways.
The property will be brought to auction by Auction House North East on 23rd May 2023 with a Guide Price of £100-120,000.
This property, located in the charming Crawcrook village and within proximity to all local amenities, currently comprises two dwellings. One is a one-bedroom cottage and the other is an adjoining commercial unit, which comes with planning permission to be converted into a three-bedroom dormer.
The cottage itself features a vestibule, lounge, kitchen, bedroom, and bathroom. Meanwhile, the commercial unit is presently operating as a dog grooming parlour with an attached retail area. At the rear of the property, there is a patio area. In addition, the commercial unit consists of two rooms and has versatile business potential.
The lot will be brought to auction by Auction House North East on 23rd May 2023 with a Guide Price of £100,000.
This property is a mixed-use building comprising a Chinese takeaway on the ground floor and a three-bedroom maisonette flat on the first and second floors. The commercial kitchen appliances are included in the sale, which also includes the walk-in fridge. The residential accommodation includes a living/kitchen area, bathroom and three bedrooms over the first and second floors. There is also a small parcel of land at the rear of the property.
Murray Street is a popular location for retail lots in Hartlepool. The ground floor of the property includes a shop front, kitchen, store/prep room, and an outdoor store.
The lot will be brought to auction by Auction House North East on 23rd May 2023 with a Guide Price of £65,000.
This property was formerly a licensed premise and spans across two floors, featuring outdoor space and garages at the back. The rear of the property is easily accessible through a roller shutter, and it is currently being used for storage. However, with the appropriate planning permission, the space could be utilized for a range of purposes.
The pub can be found on Front Street in Durham and is close to all local amenities. The former pub needs refurbishment and is a good business opportunity or converted into a residential property to sell or let.
The lot will be brought to auction by iamsold on 11th May 2023 with a Starting Bid of £126,000.
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