October Auction Property Deals of the Month – East Midlands

October 5, 2023

Joanne-Townsend-Property-Auctions-News-Writer

by Joanne Townsend

If you are looking for an investment with huge potential, these auction properties in East Midlands are worth considering. With a range of prices, sizes and locations, these commercial and residential auction properties in the East Midlands are all up for sale throughout October.

Residential Auction Properties East Midlands

2 Bed Mid Terrace Property, Beeston

(For Sale with One Auction)

2 Bed Mid Terrace Property in Beeston - For Sale with OneAuction with a Guide Price of £150,000 (October 2023)

This charming two-bedroom mid-terraced property represents an ideal choice for first-time homebuyers and investors alike. Nestled in a prime location in Beeston, it offers easy accessibility to the Queens Medical Centre, the University of Nottingham, and excellent transport connections.

Inside, the ground floor features a living room and kitchen and on the first floor, there are two bedrooms and a bathroom. At the front, a block-paved driveway provides convenient parking space, while the low-maintenance rear garden offers a private retreat. This property is the perfect starter home, combining comfort and convenience in an ideal location making this an ideal buy-to-let opportunity.

The lot will be brought to market by OneAuction on the 31st of October 2023 with a Guide Price 0f £150,000.

2 Bed Period Property, Chesterfield

(For Sale with GoTo Properties)

2 Bed Period Property in Chesterfield - For Sale with GoTo Properties with an Opening Bid of £150,000 (October 2023)

Nestled in an exceptional location of Chesterfield and brimming with development possibilities, this period property has immense potential for investors, particularly as a holiday rental investment. Inside there is an ample-sized kitchen and an expansive dining kitchen. There is also a courtyard externally which is a useful space for entertaining.

Ascending the stairs reveals two spacious double bedrooms and a generously sized family bathroom featuring a charming roll-top bath and a walk-in shower. The attic space holds the potential for two additional bedrooms, depending on planning permissions.

The lot will be brought to auction by GoTo Properties on 28th October 2023 with an Opening Bid of £150,000.

2 Bed Detached Bungalow, Lincoln

(For Sale with GoTo Properties)

2 Bed Detached Bungalow in Lincoln - For Sale with GoTo Properties with an Opening Bid of £240,000 (October 2023)

Nestled within a tranquil cul-de-sac in Lincoln, this delightful two-bedroom detached bungalow boasts a substantial plot, presenting an enticing opportunity to add value. It offers capacious family living spaces, featuring a spacious lounge and an additional reception room, providing ample room for various configurations.

The property also offers a conservatory and two bedrooms. There is also an integral garage and an inviting rear garden, perfect for relaxation and outdoor activities.

The lot will be brought to auction by GoTo Properties on 28th October 2023 with an Opening Bid of £240,000.

2 Bed End Terrace Property, Derby

(For Sale with First For Auctions)

2 Bed End Terrace Property in Derby - For Sale with First For Auctions with a Guide Price of £90,000 (October 2023)

This well-maintained 2-bedroom end-terrace house is situated in a highly sought-after residential neighbourhood, providing convenient proximity to Derby City centre with all its amenities. It presents an attractive investment opportunity, currently yielding a significant amount of rent.

Benefiting from its location, this home is near local schools and essential amenities, enhancing its appeal for families and individuals alike. Furthermore, it offers excellent connectivity options, with easy access to Derby City and The Royal Derby Hospital. Commuters will appreciate the nearby mainline rail service connecting Derby to London St Pancras and other surrounding towns.

First For Auctions will bring the lot to auction on the 27th of October 2023 with a Guide Price of £90,000.

2 Bed Terrace House, Lincoln

(For Sale with GoTo Properties)

2 Bed Terrace Property in Lincoln - For Sale with GoTo Properties with an Opening Bid of £110,000 (October 2023)

This charming two-bed terrace property offers tons of character and investment opportunities. The generously sized rooms offer a comfortable living experience, comprising a lounge, a dining area and a kitchen on the ground floor. The first floor features two bedrooms and a four-piece bathroom. Outside, you’ll find both front and rear gardens.

Located in the desirable Lincoln High Street area, the property enjoys the convenience of nearby local amenities and offers easy access to a broader range of shopping and services in Lincoln City Centre. It’s also within walking distance of both the bus and train stations, providing access to various routes for commuters and travellers.

The property will be brought to market by GoTo Properties on 28th October 2023 with an Opening Bid of £110,000.

Commercial Auction Properties – East Midlands

3 Storey Mixed-Use Property, Derby

(For Sale with Town & Country Property Auctions)

3 Storey Mixed Use Property in Derby - For Sale with Town and Country Property Auctions with a Guide Price of £90,000 (October 2023)

This building offers mixed-use with a two-bedroom apartment spanning the first and second floors and an unoccupied commercial/retail space on the ground floor. To the rear of the property, there is a garden area. Inside, the former retail unit has been used as a gym and dance studio in the past. Notably, there is no specific use classification assigned by the council for this space, rendering it flexible for various purposes. Considering the property’s existing layout, location, and historical uses, obtaining planning permission for residential use is highly plausible.

This property enjoys a convenient location, offering easy access to local shops and amenities in the Normanton suburb, as well as proximity to the Royal Derby Hospital, Rolls Royce, and leisure facilities at Normanton Park. Strong bus and road links further enhance its accessibility. For property developers, builders, investors, and those embarking on their property investment or development journey, this property presents an enticing opportunity.

The lot will be brought to auction by Town and Country Property Auctions on 31st October 2023 with a Guide Price of £90,000.

Farmhouse with Planning, Fiskerton

(For Sale with Auction Estates)

Farmhouse with Planning in Fiskerton - For Sale with Auction Estates with a Guide Price of £125-150,000 (October 2023)

Nestled in a tranquil rural setting, this dilapidated farmhouse sits on an expansive 0.60-acre plot and holds outline planning permission for demolition and the construction of a new dwelling. This property presents an exciting project opportunity for both builders and owner-occupiers, offering the chance to create a new home or commercial opportunity in a picturesque rural setting.

The derelict house, vacant for many years, offers ground-floor spaces like the kitchen, lounge, dining room, pantry, and storage rooms, while the first floor features four bedrooms, a store room, and a family bathroom. An open-fronted garage with an office, additional storage, and two WCs, along with a conservatory linking to the kitchen, are also included. Located approximately 5 miles east of Lincoln City Centre, the property is 1 mile north-east of Fiskerton village.

The lot will be brought to auction by Auction Estates on the 26th of October 2023 with a Guide Price of £125-150,000.

Ground Floor Retail Unit, Sutton in Ashfield

(For Sale with Auction Estates)

Ground Floor Retail Unit in Sutton in Ashfield - For Sale with Auction Estates with a Guide Price of £60,000 (October 2023)

This is an excellent opportunity to acquire a freehold ground floor retail unit which is located on Low Street, which is synonymous with High Street in the heart of Sutton-in-Ashfield’s bustling town centre. The retail unit offers a convenient walking distance to a diverse range of local amenities.

The property features a spacious retail area, a staff kitchen, and staff toilets. The property boasts an attractive double-fronted store display. Ideal for both owner-operators and savvy investors seeking a prime retail space, the retail unit is surrounded by popular retailers.

Auction Estates will auction the lot on 26th October 2023 with a Guide Price of £60,000

Storage Units, Grantham

(For Sale with Auction Estates)

Storage Units in Grantham - For Sale with Auction Estates with a Guide Price of £150,000 (October 2023)

Situated in Grantham, this presents a unique chance to purchase a collection of interconnected freehold industrial, workshop, and storage units, complete with a central gated yard and eight timber garages. Ideal for a multitude of purposes, this is an interesting opportunity for an investor.

Located just one-mile southwest of Grantham’s Town Centre and Train Station, off Harlaxton Road (A607), this site is conveniently reachable with a one-minute drive from the A1. It’s in proximity to various establishments including Screwfix and Costa. Additionally, a 4-star Urban Leisure Hotel is just a short stroll away, with access provided from Willow Lane.

Auction Estates will bring the lot to auction on 26th October 2023 with a Guide Price of £150,000.

Freehold Shop and Upper Part, Eastwood

(For Sale with McHugh & Co Auctions)

Freehold Shop and Upper Part in Eastwood - For Sale with McHugh & Co Auctions with a Guide Price of £30,000 (October 2023)

Positioned on the corner of Nottingham Road and Church Street, this property enjoys proximity to Eastwood Town Centre’s amenities and transportation options, including Langley Mill Train Station. Hall Park is conveniently nearby and there is easy access to the rest of Nottingham.

This end-of-terrace building encompasses a shop and upper levels that need modernisation, offering accommodation spread across three floors. On the ground floor, you’ll find the retail premises, suitable for various purposes. The first and second floors house ancillary accommodation, presenting opportunities for customisation and adaptation to suit specific needs.

McHugh & Co Auctions will bring this property to auction on 26th October 2023 with a Guide Price of £30,000.