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 are looking for an investment with huge potential, these auction properties vary with a range of prices, sizes and locations in the East Midlands. These commercial and residential auction properties in the East Midlands are all up for sale throughout November.
This two-bedroom detached property is ideal for first-time buyers and investors. This detached two-bedroom property is available with no upward chain and is located within walking distance of Heanor town centre with all its amenities. The house boasts spacious living spaces and also features excellent outdoor space, including off-road parking. The sizable garden plot offers a potential building site, subject to planning permission.
The property comprises an open-plan kitchen/diner and living room. On the first floor, you’ll find two double bedrooms and a family bathroom. Outside, the property provides off-road parking and a side garden.
The lot will be brought to market by Town & Country Property Auctions on the 30th of November 2023 with a Guide Price 0f £180,000.
This extended 3-bedroom semi-detached house is located in a highly desirable area in Leicester. The property offers well-appointed accommodation with extensions to both the side and rear. Furthermore, there is potential for additional two-story extensions at the rear and side, subject to obtaining the necessary planning permission.
Nestled in a sought-after location, the property benefits from excellent local amenities, such as parks, shops, schools, and easy access to the motorway network and Fosse Shopping Park. The property boasts a paved driveway for 2-3 cars and a generously sized rear garden. The ground floor comprises an entrance porch, a hallway, a spacious lounge/dining room, a sitting room, a kitchen, a utility room, a study/converted garage, and a shower room. Upstairs, you’ll find a landing, three bedrooms, and a bathroom, completing this home which could make a popular buy-to-let.
The lot will be brought to auction by SDL Property Auctions on 30th November 2023 with a Guide Price of £150,000.
This two-bedroom semi-detached property, in need of modernisation, is situated in the highly sought-after location of Burbage. It enjoys a convenient location, with proximity to schools, shops, parks, and Hinckley train station. There is substantial potential for renovation and expansion, subject to obtaining the necessary planning permissions.
The ground floor features a reception with a staircase leading to the first floor. On the ground floor, there is a lounge that boasts a gas fire and a fully fitted breakfast kitchen. Additionally, there is a conservatory. The first floor consists of two bedrooms and a bathroom. The bathroom is equipped with a four-piece suite. Outside, there is a good-sized front garden with potential for parking.
The lot will be brought to auction by SDL Property Auctions on 30th November 2023 with a Guide Price of £120,000.
This period property holds substantial development potential and could be transformed into a great family home. Its multitude of unique features and charm provides ample scope for creative refurbishment. As you step inside, you’re greeted by a generously proportioned family home with untapped potential. Inside, there is a spacious sitting room and a large dining kitchen. Leading outside, there is a courtyard that holds the promise of becoming an outdoor entertainment space.
Moving upstairs, the property features two double bedrooms and a spacious family bathroom. Moreover, the attic space presents an exciting opportunity for the creation of two additional bedrooms, further enhancing the property’s potential. Located in Chesterfield, the property is located close to amenities as well as the A619.
GoTo Properties will bring the lot to auction on the 29th of November 2023 with an Opening Bid of £150,000.
This three-bedroom terrace property is an ideal opportunity for first-time buyers or investors seeking a home with potential. Located in the popular area of Lincoln High Street, it boasts a prime position with easy access to local amenities and is within walking distance of the vibrant city centre.
The spacious layout comprises an entrance hall, lounge, dining area, and a kitchen on the ground floor, with the first floor offering a master bedroom, an additional bedroom, and a four-piece bathroom. The property also includes front and rear gardens for outdoor enjoyment. This traditional terraced home with its character features offers great potential and a convenient location.
The property will be brought to market by modern method of auction vendor GoTo Properties on 29th November 2023 with an Opening Bid of £110,000.
This end-of-terrace property in Eastwood town centre offers a former ‘Star Grill’ takeaway establishment with upper floors. A promising investment at an attractive price point, the property requires some modernisation and this is a unique opportunity. The ground floor currently features the former takeaway area, a kitchen, and a WC. Moving up to the first floor, you’ll discover two spacious rooms, and the second floor offers two additional rooms.
This versatile space has the potential for various uses, given its central position in Eastwood. With some refurbishment, it can be transformed into a charming residence, a commercial space, or a mixed-use property.
The lot will be brought to auction by SDL Property Auctions on 30th November 2023 with a Guide Price of £38,000.
This single-story retail unit is conveniently situated in a mixed residential area, providing proximity to the Oakham town centre. This versatile property is well-suited for ongoing commercial use, serving as a shop, office, cafe, creche, clinic and workshop. Furthermore, with the appropriate planning consent, there’s potential to expand its utility by adding a first floor, potentially converting it into one or two residential dwellings.
The property boasts a spacious retail area at the front and its strategic location positions it perfectly to cater to the vibrant Oakham town centre, which attracts both residents and tourists. This investment opportunity offers a substantial rental value making it a compelling prospect.
The lot will be brought to auction by SDL Property Auctions on the 30th of November 2023 with a Guide Price of £110,000.
Offering a unique opportunity, this vacant former 22-bed care home, this property has been unoccupied for a significant period and offers potential development, subject to the acquisition of relevant planning permissions. Historically, the site was granted planning consent for a proposed development involving the construction of a block comprising 30 apartments intended for individuals aged 55 or over, in addition to a manager’s apartment, resulting in a total of 31 units, so new planning permission could be acquired for this development.
Located on the outskirts of Mablethorpe, a popular holiday location, this property is located approximately 1 mile from the beach. Mablethorpe, a traditional seaside resort on the East Coast, offers the attraction of a vast sandy beach, alongside a Seal Sanctuary and Wildlife Centre, a fairground, local nature reserves, and numerous other amenities, making it a compelling location for development.
This three-story commercial property, strategically positioned on the bustling High Street in Kirkby-in-Ashfield, presents an enticing opportunity with significant potential for mixed-use conversion, depending on obtaining the necessary permissions.
Formerly used as a florist for an extended period, the building offers substantial room for transformation. The current layout comprises a spacious shop front, a middle room, a rear room, a W.C., and a storage room on the ground floor, The first floor features a landing, another W.C., and a room at the front, while the second floor includes a landing and a room at the front. To fully grasp the potential this property holds, viewing is highly recommended.
Auction House Notts & Derby will bring the lot to auction on 27th November 2023 with a Guide Price of £70,000.
Conveniently situated near the junction of Hinckley Road and St Mary’s Avenue, this extended detached property spans two stories and was formerly used as office space. The property offers the added advantage of 4-5 dedicated parking spaces, gas central heating, and double glazing for comfort and convenience.
The ground floor encompasses a welcoming reception area, an open-plan office, two private offices, and restroom facilities. The property’s exterior offers ample parking space. It’s important to note that the property falls under the previous use classification of offices (Class E), providing flexibility for various potential uses or conversion options.
Kal Sangra Auctions will bring this property to auction on 22nd November 2023 with a Guide Price of £180-190,000.
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