Written by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
These East Midlands auction properties offer exceptional investment opportunities, featuring a varied selection of commercial and residential assets available for bidding in May 2025.
Situated on Vicarage Road, close to the local amenities offered by the village of Willoughton, this End of Terrace House presents an excellent opportunity for modernisation. The accommodation is arranged over two floors. The ground floor comprises a living room, kitchen, bathroom with WC, utility room, and a conservatory providing additional living space.
Upstairs, two bedrooms are offering comfortable sleeping arrangements. The property also benefits from a generously sized front garden, which is ideal for outdoor use or future landscaping potential. With scope to improve throughout, this home would suit buyers looking to add value or personalise to their taste.
McHugh & Co Property Auctions will bring the lot to market on the 15th of May 2025 with a Guide Price of £20,000.
This traditionally constructed three-storey, three-bedroom mid-terrace home is located on Burton Street in Gainsborough, a convenient position close to the town centre and its wide range of amenities, including the popular Marshall’s Yard retail and leisure complex. The area is currently benefiting from substantial investment and regeneration, making it an increasingly desirable location.
The property offers well-proportioned and versatile living accommodations, featuring a lounge, dining room, kitchen, rear lobby and family bathroom on the ground floor, two bedrooms on the first floor, and a third bedroom on the second floor. Outside, there is a buffer garden to the front and an enclosed courtyard to the rear. The property is finished to a good standard and presents an ideal opportunity for investors, developers, or owner-occupiers. There is also potential for conversion to an HMO, subject to planning.
Auction House Lincolnshire will bring the lot to auction on the 13th of May 2025 with a Guide Price of £15,000-25,000.
An excellent opportunity to acquire this well-presented two-bedroom mid-terraced house, ideal for both owner-occupiers and investors alike. The property benefits from gas central heating (not tested) and uPVC double glazing throughout. The ground floor comprises a spacious lounge, dining room, and kitchen, while the first floor offers two good-sized bedrooms and a bathroom fitted with a three-piece suite and overhead shower.
Externally, there is a garden to the front and a low-maintenance patio garden to the rear. The property presents strong potential for rental income and is ready for immediate occupation or letting.
The lot will be brought to auction by Auction House Chesterfield & North Derbyshire on the 13th of May 2025 with a Guide Price of £35,000.
This well-presented property features a comfortable lounge with a charming feature fireplace, radiator, and a uPVC double-glazed window to the front. The modern kitchen has a range of base and wall units, rolled edge work surfaces, an inset stainless steel sink with a mixer tap, a stainless steel oven and a four-ring hob.
A uPVC double-glazed window overlooks the rear, and a staircase leads to the first floor. The rear hallway includes a uPVC door to the side and a useful storage cupboard. The bathroom offers a white suite with a WC, pedestal basin, panel bath, tiled splashbacks, radiator, and side window. The landing provides access to the loft. There are two bedrooms, with Bedroom Two benefitting from a rear-facing window and radiator. Outside, an enclosed rear yard.
iamsold will bring the lot to auction on the 22nd of May 2025 with a Starting Bid of £40,000.
Located on Vale Road, this terraced house is close to the amenities of Mansfield Woodhouse Town Centre and excellent transport links, including Mansfield Woodhouse Train Station. Yeoman Hill Park is also within easy reach, offering pleasant green space nearby. The property requires modernisation and is over three floors.
The ground floor comprises a living room, dining room, and kitchen, while the first floor features two bedrooms and a bathroom/WC—a third bedroom on the top floor. Externally, there is a yard to the rear. It is an ideal project for buyers seeking a renovation opportunity.
The property will be brought to market by McHugh & Co Property Auctions on the 15th of May 2025 with a Guide Price of £40,000.
Situated on North Street in the heart of Gainsborough, a traditional Lincolnshire market town, this substantial Grade II Listed property presents a rare redevelopment opportunity for investors and developers. It is a short distance from the regenerating town centre and is by residential and commercial premises.
The site benefits from excellent access to local amenities, including Marshalls Yard and All Saints Church. The accommodation spans three floors across several units and includes a primary retail area, rear rooms, kitchenette, WC, and offices. Subject to planning consent, the property offers scope for conversion into a mix of residential and commercial units with income potential.
The lot will be brought to auction by Auction House Lincolnshire on the 27th of May 2025 with a Guide Price of £5,000.
It is an excellent opportunity to acquire a single-storey former takeaway premises offering significant potential. The property now requires a complete repair and modernisation programme throughout and is suitable for various alternative uses, subject to the necessary planning consents.
Prospective purchasers are strongly encouraged to undertake an internal inspection to fully appreciate the scope of the accommodation and the work required. The layout comprises Lock-Up Shop One, Lock-Up Shop Two, a Kitchen, WC One, and WC Two, offering flexible and adaptable space.
The lot will be brought to auction by Auction House Chesterfield & North Derbyshire on the 13th of May 2025 with a Guide Price of £25,000.
The property is east of Balderton Gate, a predominantly residential area just a short walk from Newark town centre. It comprises a Grade II Listed office building arranged over two floors – ground and first. Historically, the building operated as a photography studio and retains character features in keeping with its listed status.
The property may offer the potential for a change of use or redevelopment, subject to obtaining the necessary planning and listed building consent. Its central location and distinctive architectural character present an attractive opportunity for future uses.
Acuitus Property Auctions will bring the lot to auction on the 15th of May 2025 with a Guide Price of £50,000.
This property presents a compelling mixed-use asset management opportunity with clear potential to become a high-yielding investment. It is a ground-floor retail unit, complemented by a separately accessed two-bedroom flat on the upper floors. The vacant property offers excellent scope to generate a secure and diverse income stream through letting.
Positioned on a prominent pitch along a pedestrianised street with high footfall, the location benefits from strong visibility and accessibility. The surrounding area comprises a blend of local retail and residential occupiers, enhancing the property’s appeal for commercial and residential tenants.
Savills Property Auctions will bring the lot to auction on the 14th of May 2025 with a Guide Price of £70,000.
Acquiring a prominent property on the highly sought-after Chatsworth Road is a rare and exciting opportunity. The property now needs a full and comprehensive refurbishment, offering excellent potential for redevelopment.
Planning permission was originally granted by Chesterfield Borough Council in 2011 (Ref: CHE/11/00679/FUL) for a proposed change of use to mixed retail, including extensions and alterations to provide retail space at ground floor level with ancillary living accommodation on the second floor. We understand that the planning consent remains valid, owing to a material start on the approved development works.
Price Linsey Property Auctions will bring this property to auction on the 15th of May 2025 with a Guide Price of £100,000.
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