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 residential and commercial property deals at auction, we have discovered some of the best available with good returns on investment and tons of potential. Here are the best purchases you can make in East Anglia in October.
This mid-terrace house features two bedrooms and two reception rooms. The second bedroom on the first floor has a connected bathroom. The property also boasts a kitchen, a town garden with convenient walking access, and on-street permit parking. There’s an excellent opportunity to increase its value through refurbishment. At the rear, you’ll find a town garden, partially fenced, and a brick shed.
Location-wise, Alan Road is a leisurely 15-minute stroll from Norwich City Centre and just a 5-minute walk from Norwich City Football Stadium. Morrisons Supermarket is a mere 7-minute walk away, and the Riverside Leisure Centre, complete with a public swimming pool, is less than a 5-minute walk from the property.
The lot will be brought to auction by SDL Property Auctions on the 26th of October 2023 with a Guide Price of £125,000.
This vacant bungalow, boasting two bedrooms and detached status, awaits its new owner. The property would benefit from enhancements and modernisation which would add value to the property. Situated on a corner plot, the property includes a driveway and a garage located beside the bungalow.
The backyard features a grassy area complemented by a paved patio. Holt, a charming historic market town, offers a range of amenities, including shops, a department store, and a supermarket. It is conveniently located approximately 5 miles from the picturesque North Norfolk coastline.
The lot will be brought to auction by Brown & Co Auctions on 25th October 2023 with a Guide Price of £250-275,000.
This traditional semi-detached house offers three bedrooms and has been a long-term rental property. It would benefit from additional renovations and updates. The property boasts gardens at the front, side, and rear, but these areas require some attention and the investor could add value to the property.
Ludham, a picturesque village, is situated within the Broads National Park. It’s conveniently positioned just off the A1062, granting access to the well-appointed Broadland villages of Hoveton and Wroxham, located approximately 6 miles to the west. This property presents a promising opportunity for those looking to invest in a charming home within a scenic, well-connected village.
The lot will be brought to auction by Brown & Co Auctions with a Guide Price of £120-140,000 on 25th October 2023.
A unique opportunity with its four-bedroom detached house nestled in an elevated position. This property offers well-arranged living space across two floors, along with a low-maintenance garden and a double garage. Located in the sought-after suburb of Thorpe Hamlet, it beckons those seeking a renovation project in the popular area of Norwich.
The accommodation includes an entrance hall, inner hall, study, cloakroom, sitting room, kitchen dining room, and utility room on the ground floor. Upstairs, you’ll find four bedrooms and a family bathroom. Conveniently situated near Norwich’s city centre, you’ll have easy access to shopping and transportation options. Local amenities are within walking distance, and Norwich rail station and Riverside Shopping Centre are also conveniently nearby.
The lot will be brought to auction by Brown & Co Auctions on 25th October 2023 with a Guide Price of £250-275,000.
This semi-detached property, featuring three bedrooms, a garden, and a double carport, is in excellent condition. The well-maintained house offers a spacious living environment and has significant potential as a family home. Comprising three bedrooms and two bathrooms, this property is ideal for a family looking for a comfortable and inviting living space. The double carport adds convenience for parking and storage.
This property boasts broad appeal, whether you’re an owner-occupier searching for a family residence or an investor seeking a rental property. Its proximity to nearby military air bases as well as the amenities in Bury St.Edmunds enhances its rental potential, making it an attractive option for those interested in this niche market.
The property is going to auction by Auction House East Anglia on 17th October 2023 with an Opening Bid of £215,000.
This charming one-bedroom end terrace property presents a wonderful renovation project, providing a blank canvas for those looking to infuse their personal touch. The highlight of the home is its prominent feature brick fireplace, which serves as a captivating focal point in the living room. Nestled in a quiet residential area on the outskirts of Peterborough, this property offers convenient access to local shops and amenities, making it an appealing prospect for those seeking a serene lifestyle.
The home features a significant breakfast kitchen that requires some modernisation and is designed for maximum functionality and efficiency. The double bedroom benefits from dual-aspect windows, ensuring abundant natural light and ample storage space. The bathroom, generously sized, accommodates a full suite. This could be a great rental for an investor.
The lot will be brought to auction by Property Solvers Online Auctions with an end date of 11th October 2023 with an Opening Bid of £65,000.
The property in question is a former air cadet hall, spanning two stories. A unique opportunity, this could be converted into several commercial uses Inside, the property includes ground and first-floor WCs, a compact kitchenette, office spaces, storage areas, and a disused firing range. Additionally, there is an asphalt-surfaced car park on-site, capable of accommodating around 4-5 vehicles. The property holds potential for redevelopment, subject to planning approvals, and could be repurposed for various uses.
Situated on Hilary Avenue, just off Plumstead Road (B1140) in Norwich, Hilary Avenue is primarily a residential area but offers local amenities such as supermarkets, pubs, restaurants/takeaways, parks, libraries, and schools. The property is conveniently located approximately 1.3 miles from Norwich City Centre, where a full range of amenities can be found. Norwich Train Station is approximately 1 mile away, providing commuter links to Ipswich in under 40 minutes and Cambridge in an hour and 15 minutes.
The lot will be sold at auction by Lambert Smith Hampton Auctions on 25th October 2023 with an Opening Bid of £120,000.
This single-story former air cadet hall offers a generous floor area which would be great for various commercial purposes. Inside, you’ll find amenities such as WCs, a compact kitchenette, office spaces, storage rooms, a hall, and a decommissioned firing range. Additionally, there’s an asphalt-surfaced car park on the premises, with space for around 6 to 8 vehicles.
The property holds significant potential for redevelopment or various alternative uses, subject to the necessary planning permissions. Situated just off the High Street in Huntingdon, a charming town in Cambridgeshire, this property enjoys a convenient location surrounded by a wealth of amenities. Supermarkets, bars, parks, schools, and leisure facilities are all within walking distance. Furthermore, the property is just a 10-minute walk from Huntingdon train station, offering frequent commuter trains to London St Pancras International in under an hour.
The lot will be sold at auction by Lambert Smith Hampton Auctions on 25th October 2023 with an Opening Bid of £100,000.
Nestled on the outskirts of the charming Perry village, you’ll find this abandoned concrete water tower. Positioned at an elevation, the tower offers sweeping vistas that encompass the village itself, expansive open countryside, and the nearby Grafham water sports centre.
There’s a strong possibility that both the land and the tower hold development potential, pending the acquisition of required permits and consents. This intriguing property presents an opportunity to create something of value in a picturesque setting, making it an appealing prospect for those with a vision for transformation and development. The scenic location and potential for a new venture or project enhance the appeal of this unique property.
The lot will be brought to auction by Dedman Gray Auctions on 11th October 2023 with a Guide Price of £330,000.
These two stable blocks are situated in a tranquil, semi-rural setting with full planning permission granted for a four-bedroom single-storey detached home. This freehold plot of land encompasses a barn and stable block. It is ideally situated in a highly desirable semi-rural location just on the outskirts of the charming village of Boxford, offering picturesque countryside views.
Full planning permission was successfully granted for conversion and extension of existing outbuildings to create a single, spacious 4-bedroom single-story detached dwelling. Additionally, alterations to the vehicular access have been approved. The property enjoys convenient proximity to the market towns of Hadleigh (4 miles) and Colchester (8 miles), which provides a direct rail link to London Liverpool Street, as well as easy access to the A12 trunk road.
The lot will be brought to auction by Dedman Gray Auctions on 11th October 2023 with a Guide Price of £225,000.
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