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 looking for residential and commercial properties in Essex that offer tons of potential, we have compiled some of the best that vary in location, price and size and will be up for auction in November and December.
This four-bedroom detached residence is situated in the sought-after town of Saffron Walden. This brick cavity-constructed home includes an integral garage and off-street parking. Although the interior requires comprehensive refurbishment, it presents an excellent investment prospect for a new owner to enhance its value.
The ground floor comprises an entrance hall, cloakroom, kitchen, and a living/dining room with a gas fireplace. The first floor offers four bedrooms and a family bathroom. The property features a front lawn, mature shrubs, and off-street parking. The rear garden, enclosed and mainly laid to lawn, completes the exterior. While requiring full updating, this property in Goddard Way is ideally located near the town centre of Saffron Walden, known for its rich history, amenities, and convenient access to the M11 and train services to London from Audley End Station.
The lot will be brought to auction by Cheffins Auctions on the 13th of December 2023 with a Guide Price of £375,000.
Offered with vacant possession, this detached freehold two-bedroom bungalow in Walton on the Naze occupies a generous plot, featuring off-street parking for two family cars, a garage, and a south-facing rear garden. Nestled in a popular residential location, the property, though in need of remedial work for certain defects, provides a promising canvas for improvement.
. The front garden includes ample off-street parking, lawns, and established flower beds, while the south-facing rear garden mirrors this greenery. Situated about half a mile west of the town centre in Walton-on-the-Naze, this property offers proximity to shops, bars, and restaurants in a historic seaside town.
The property will be brought to auction by Auction House Essex & Kent on 13th December 2023 with a Guide Price of £195,000.
This freehold detached 3-bedroom house is located in Leigh-on-Sea with full planning permission granted for a 5/6 bedroom double-storey extension and loft conversion. Sitting on a plot of approximately 1,850 sq ft and requiring complete refurbishment, the property features accommodation across two floors.
The exterior features a small front garden and a good-sized rear garden accessible through a side gate. Located in the popular residential area of Leigh on Sea, the property is near shops, bars, and restaurants along Leigh Road. Chalkwell Park is approximately 350 yards to the East, and Chalkwell Mainline Railway Station provides fast services to London Fenchurch Street.
Auction House Essex & Kent will bring the lot to auction on 13th December 2023 with a Guide Price of £280,000.
This versatile three-bedroom semi-detached house, offered with vacant possession presents an ideal opportunity for investment or a spacious family home. Situated in a popular residential area in Clacton-on-Sea, the property would benefit from redecoration. Featuring spacious and versatile accommodation, this home boasts off-road parking and a generous back garden.
The freehold property comprises a small entrance hall, lounge, dining room, kitchen, and a fourth bedroom/reception room leading to the rear garden on the ground floor. The first floor includes three bedrooms and a bathroom. The exterior offers a well-sized paved front garden with parking space and a rear garden with high-quality decking. Located in Clacton-on-Sea, a seaside resort town in Essex, the property is approximately 1.2 miles from Clacton Sea Front, with shops, bars, and restaurants.
The lot will be taken to the auction by Auction House Essex & Kent on 13th December 2023 with a Guide Price of £180,000.
This three-bedroom end-of-terrace house in Basildon needs modernisation and offers both front and rear gardens. The ground floor comprises an entrance hall, two reception rooms, and a kitchen. On the first floor, you’ll find three bedrooms and a bathroom/WC.
The property provides an excellent opportunity for renovation, allowing the new investor to tailor it to their preferences or the first-time buyer to make this into a home. The exterior includes both front and rear gardens, providing outdoor spaces for various purposes. With its potential for improvement and the inclusion of outdoor areas, this house is suitable for those seeking a project to enhance and potentially add value.
Taylor James Auction will auction the lot on 13th December 2023 with a Guide Price of £150,000.
Presenting a compelling commercial investment opportunity, this vacant freehold commercial unit, previously used as an office, is strategically positioned near Southend High Street and London Road. The ground floor unit comes with the added advantage of receiving ground rent income from the flat above.
The flat above is subject to a 99-year lease and includes the use of the yard/garden to the rear of the property. The commercial space features an office area with access to a small kitchen containing a sink unit and storage cupboard, along with a separate door leading to a WC. This promising investment opportunity combines commercial utility with income potential, making it an attractive proposition for investors.
Dedman Gray Auctions will bring the lot to auction on 7th December 2023 with a Guide Price of £50,000.
An exceptional mixed-use investment and development opportunity in Colchester presents itself with this Freehold Grade II listed building situated in the charming village of Ardleigh. Historically, the property was a public house, boasting modern facilities and featuring two courtyards, along with a spacious apartment on the upper floor. While the pub itself is in good condition, the first floor requires renovation to reinstate it as accommodation or repurpose it for alternative uses.
The versatile nature of the building opens up possibilities for redevelopment, accommodating a range of residential and commercial purposes, pending the necessary consent. Beyond its history as a public house with potential accommodation above, the property holds promise for adaptation to various other commercial and residential uses.
Dedman Gray Auctions will bring the lot to auction on 7th December 2023 with a Guide Price of £225,000.
This mixed-use property offers a former food takeaway on the ground floor and a studio flat, providing additional ground rent income from the first floor. The ground floor consists of a lock-up shop, previously used as a fast-food takeaway, with a rear kitchen area and staff WC. Additionally, there’s a studio flat at the rear, accessible independently from the shop, suitable for separate leasing or occupancy by the shop’s occupants. The property has the potential to be let as a single unit.
The accommodation comprises a front shop, serving kitchen, rear kitchen area, staff WC, studio flat with living/bedroom/kitchen, and a shower room. The property features a rear courtyard with side access, leading to a storage shed and providing independent access to the studio flat and the rear of the commercial premises.
The lot will be taken to the auction by Dedman Gray Auctions on 7th December 2023 with a Guide Price of £125,000.
This Grade II listed restaurant in Rochford is accompanied by a spacious outdoor seating area. The ground floor hosts the restaurant complemented by a generous outside seating space. Above, on the first floor, resides a self-contained two-bedroom flat, boasting its own front door.
Extensive outbuildings at the property’s rear offer ample storage opportunities. Situated in the heart of Rochford, directly opposite the train station and car park, this vacant property provides an ideal location. With its Grade II listed status, the building makes it a promising investment or business venture in a prime and accessible location.
The property will go to auction with Town & Country Property Auctions on the 30th of November 2023 with a Guide Price of £240,000.
This mixed-use investment opportunity presents a vacant restaurant with a self-contained two-bedroom flat above, occupying a prominent corner plot opposite Southend Airport. Strategically positioned on the bustling Southend Road in Rochford, the property features a ground-floor restaurant and a self-contained flat with an additional loft room on the first floor that offers an open-plan lounge kitchen, two bedrooms and a shower room.
The premises, benefiting from high visibility in a busy location, offer versatility for various uses, subject to obtaining the necessary consent. Ideal for both buy-to-let investors and owner-occupiers, this property provides a strategic location and potential for diverse business endeavours.
The lot will be brought to auction by Dedman Gray Auctions on 7th December 2023 with a Guide Price of £270,000.
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