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.
In this article, we present some of the most promising lots that offer investment potential across London during May 2024 and are worth considering for your portfolio.
This property features a first and second-floor three-bedroom maisonette which is located within a mid-terrace building spanning the ground and two upper floors in Wandsworth.
Located on a residential road near local shops and amenities, the property offers convenient access to King George’s Park. Transport options include Southfields Underground Station and Wandsworth Town rail station, providing excellent connectivity.
The lot will be brought to auction by Auction House London on the 21st of May 2024 with a Guide Price of £425,000.
This mid-terrace house in Willesden features three bedrooms across the ground and first floors, offered as freehold tenure. Positioned on a residential road, it enjoys proximity to local shops and amenities, with Roundwood Park nearby. Dollis Hill underground station and Harlesden overground and overground stations provide convenient transport links.
The ground floor comprises two reception rooms and a kitchen, while the first floor hosts three bedrooms and a bathroom. Outside, the property boasts a rear garden, enhancing its appeal for outdoor enjoyment.
The lot will be brought to auction by Auction House London on the 21st of May 2024 with a Guide Price of £475,000.
Tucked away in the bustling heart of Walthamstow Central, this two-bedroom period house offers modern amenities. Surrounded by Walthamstow’s cultural scene and superb transport links, it offers a serene haven in one of East London’s most coveted neighbourhoods.
Positioned centrally, residents enjoy easy access to an array of amenities, from trendy cafes to eateries and shops. With Walthamstow Central station nearby, commuting to central London and beyond is effortless, catering to both commuters and urban explorers.
This period house presents a rare opportunity to immerse oneself in the essence of East London living. Whether embracing the local buzz or unwinding in the comfort of home, this residence guarantees a lifestyle defined by comfort, convenience, and boundless opportunities.
iamsold will bring the auction to an end on 15th May 2024 with a Starting Bid of £450,000.
This two-bedroom first-floor maisonette is positioned on the south side of Aylesbury Road, east of its intersection with Brettell Street, the property enjoys convenient access to various local shops and amenities along Walworth Road, just a brief stroll to the west. Elephant & Castle mainline and Underground stations lie approximately 1-mile northwest, facilitating transportation.
Both the A2 and A201 are easily reachable, enhancing connectivity. To the south, Burgess Park offers open spaces for leisure and relaxation. Located in Lewisham
The lot will be brought to auction by Allsop Auctions on 9th May 2024 with a Current Bid of £275,000.
Presenting a vacant three-bedroom end-of-terrace house in the coveted Belmont Park area of Lewisham, boasting the added advantage of parking. This leasehold property is particularly appealing to cash buyers seeking a sought-after location.
The property features a front driveway and a rear garden. Conveniently situated near essential amenities, the property is less than a mile from Lewisham station and DLR.
The lot will be brought to auction by Auction House Essex & Kent on 14th May 2024 with a Guide Price of £255,000.
Located at the junction of Church Street and Gift Lane, this former public house in London benefits from nearby local shops and amenities, with the extensive facilities of Central London easily accessible. The renowned Westfield Shopping Centre is nearby.
Plaistow Underground Station is approximately 0.4 miles away, while Stratford International Rail and the Underground Station are less than a mile away. Access to the A112 is convenient, providing a route to the A13 in the south. Additionally, West Ham Park is approximately 0.3 miles away, offering green spaces for leisure and relaxation.
The lot will be brought to auction by Allsop Auctions on 9th May 2024 with a Guide Price of £1,000,000.
This remarkable MOT Garage is strategically positioned with a prominent roadside presence on Rowan Road in London. The property features a detached single-storey industrial building constructed with a steel portal frame under a flat roof, along with a forecourt yard/parking. Two mezzanine floors provide storage space, with a kitchen on the first floor and storage and a WC on the second.
Having operated as a thriving car garage for years, the property has undergone a recent refurbishment, boasting high-level MOT equipment. Additionally, it holds potential for future development, pending the necessary planning permissions and building regulations.
The lot will be brought to auction by Town & Country Property Auctions on 30th May 2024 with a Guide Price of £450,000.
Presenting a substantial three-storey detached property formerly used as a 13-room hostel, now vacant and in need of modernisation. Externally, the property boasts front and rear gardens, along with off-road parking. There is potential for extension or development, subject to obtaining the necessary consent.
This versatile property offers opportunities for renovation and adaptation to suit various purposes, providing ample scope for enhancement and customisation. In Tottenham, the property is located on the north side of Northumberland Park and enjoys proximity to amenities on Northumberland Park and High Road. Nearby recreational spots include Somerford Grove Open Space, Tottenham Marshes, and Bruce Castle Park
The lot will be brought to auction by Savills Property Auctions on 8th May 2024 with a Guide Price of £850,000.
Offered is a property comprising a ground-floor hairdresser’s salon and two self-contained 2-bedroom flats. The salon is tenanted, while the flats are vacant. Planning permission is granted for erecting a detached building at the rear, comprising two 1-bedroom flats.
The potential exists for the development of the lower ground floor, subject to planning consent. Located on the northeast side of Lordship Lane, amenities of East Dulwich are nearby, with Dulwich Park within walking distance. Forest Hill Station, offering Overground and Southern rail services, is about 0.8 miles southeast, and West Dulwich Station, with Southeastern services, is 1.1 miles west.
The lot will be brought to auction by Allsop Auctions on the 9th of May 2024 with a Guide Price of £800,000.
This three-storey terraced property includes a former coffee shop/bar on the ground and basement floors, along with offices on the first and second floors. Suitable for developers, investors, and occupiers, it is offered as a freehold and is currently vacant. There is potential to add a mansard roof, subject to necessary consent.
Situated on the north side of Leonard Street, off Great Eastern Street between Phipp Street and Charlotte Road, it enjoys proximity to Old Street, Curtain Road, Shoreditch, Brick Lane, and Liverpool Street Station. This property presents an appealing opportunity in a popular area renowned for its vibrant atmosphere and bustling surroundings.
The lot will be brought to auction by Savills Auctions on 8th May 2024 with a Guide Price of £1,200,000.
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