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.
These properties in Newcastle and the North East are up for auction during October. Varying in size, design and location, you will find a wide range of commercial and residential properties that are a great choice for investors.
This three-bedroom terrace property is situated in the area of Middlesbrough. The ground floor of the property features a good-sized living room and a fully fitted kitchen with a dining area. Moving to the first floor, there are three bedrooms and a bathroom.
Externally, there is a rear garden which is mainly laid to lawn. The property is located near the local schools and is within a short distance of the shops and the hospital. This would make a good rental for a professional or a family.
The lot will be brought to market by GoTo Properties on the 28th of October 2023 with an Opening Bid of £90,000.
This two-bedroom mid-terrace house features a cosy lounge, a fully-equipped kitchen and a modern bathroom. Upstairs, there are two comfortable bedrooms, ideal for a family.
Outside, there’s a town garden in the front, while on-street parking is available at the rear of the property. This home is situated in the popular location of Ashington, making it an ideal investment opportunity.
The lot will be brought to auction by Town and Country Property Auctions on the 26th of October 2023 with an Opening Bid of £30,000.
This attractive 3-bedroom townhouse is nestled in the highly sought-after South Shields area. Offering versatile potential, it can be an ideal candidate for a rental or a comfortable family home. Inside, the property boasts a convenient downstairs W/C, a practical garage, and an additional room that can serve as a dressing room or nursery, adding to its flexibility.
This townhouse is available with vacant possession, allowing you to make it your own. While it may require some cosmetic updates, it enjoys a prime location just a stone’s throw away from the beach, making it an excellent choice for a buy-to-let.
The lot will be brought to auction by Town & Country Property Auctions on 26th October 2023 with an Opening Bid of £80,000.
This property offers a spacious three-bedroom mid-terrace house spread across the ground and two upper floors. Conveniently located on a residential street, the property enjoys proximity to local shops and amenities. Commuting is hassle-free, with Middlesbrough rail station providing convenient transport links which would make this popular with a professional tenant who needs good commuting facilities.
The accommodation is thoughtfully arranged, with the ground floor comprising two reception rooms, a kitchen, and a bathroom. On the first floor, you’ll find two bedrooms, while the second floor boasts an additional bedroom. Outside, there’s a rear yard, adding to the property’s appeal.
Auction House London will bring the lot to auction on 25th October 2023 with a Guide Price of £25,000.
Nestled on Lake View, Station Town, Wingate, this property enjoys a prime location on the outskirts of the Teesmouth Nature Reserve, a well-loved and popular area. It’s perfectly situated for easy access to local amenities and facilities, as well as being strategically positioned for reaching the North East coast, including towns and cities like Durham and Newcastle.
This mid-terrace house presents an excellent opportunity for value addition in a high-demand rental area, potentially yielding a substantial return on investment. The ground floor features a lounge, dining room, kitchen, rear lobby, and a family bathroom. Upstairs, there are two bedrooms. Outside, the property boasts a rear garden, enhancing its appeal as a comfortable and potentially lucrative investment.
The property will be brought to market by Auction House Lincolnshire on the 24th of October 2023 with an Opening Bid of £15,000.
This property encompasses a mid-terrace building in Darlington thoughtfully designed to offer a ground-floor retail unit along with a three-bedroom flat on the first floor. It’s strategically positioned on a diverse, mixed-use road, ensuring proximity to local shops and amenities.
For those who rely on transportation, the North Road rail station provides convenient access to various destinations making this an interesting buy-to-let opportunity. The ground floor accommodates a retail unit, offering business prospects and potential income. Above, on the first floor, you’ll find a comfortable three-bedroom flat, making it suitable for residential living.
The lot will be brought to auction by Auction House London on 25th October 2023 with a Guide Price of £70,000.
This ground-floor retail establishment is part of a block of retail shops and is prominently located on a bustling main street in Gateshead, making it a prime investment opportunity. The property is thoughtfully designed and includes a spacious showroom, a dedicated office space, a functional kitchen, a convenient shower room, and a practical storage area with rear access.
The property is currently occupied by a tenant, generating a significant annual rental income. However, it is worth noting that the property will be sold with vacant possession, offering flexibility for the new owner to explore various usage options or lease it to a new tenant. With its high-visibility location and versatile layout, this property is a valuable addition to any investment portfolio.
Auction House North East will bring the lot to auction on 17th October 2023 with a Guide Price of £45,000.
This substantial corner plot property in Chilton presents a unique opportunity, offering a blend of residential and commercial accommodation. The property comprises a four-bedroom detached home and an integrated commercial unit on the ground floor. While both spaces require refurbishment, they hold immense potential for investors.
Situated in the Chilton area of County Durham, conveniently near the A689 and A1(M), this property boasts significant scope and potential. As a four-bedroom detached home with an integrated commercial unit, it’s an enticing prospect for ambitious developers seeking a project. With an attractive guide price and the right vision, this property offers an exciting opportunity for an investor.
The lot will be sold at auction by Auction House North East on 17th October 2023 with a Guide Price of £40,000.
Nestled in the heart of Barnard Castle, this is a well-maintained Tea Room/Bistro alongside a three-bedroom terraced home on neighbouring Kings Street. The Tea Rooms/Bistro was a beloved establishment during its trading days and would be an exceptional investment opportunity.
The strategic location provides direct access to the adjacent supermarket car park, ensuring high visibility and foot traffic from a bustling retail front. The property spans two floors, featuring an entrance hall, café, kitchen, storage, manager’s office, and a restroom on the ground floor. The first floor houses a spacious bistro area and additional toilets. Meanwhile, the three-bedroom terraced home offers comfortable living with a ground-floor living room and kitchen, and on the first floor, you’ll find three bedrooms and a bathroom. On-street parking is available in front of the residence on King Street.
Auction House North East will bring the lot to auction on 17th October 2023 with a Guide Price of £250,000.
This ground-floor retail unit is prominently located within a compact neighbourhood parade in Hartlepool. In its previous incarnation, it served as both a butcher and a sandwich shop, showcasing its adaptability for different business endeavours. The property’s versatility means it can be employed for a wide range of purposes, pending the acquisition of necessary planning consents.
The strategic location within this community-focused retail space ensures visibility and accessibility to residents. Whether you intend to continue a food-related business, explore retail opportunities, or consider alternative ventures, this property provides a promising canvas to realize your vision.
iamsold, a modern method of auction, will bring this property to market on the 14th of October 2023 with a Starting Bid of £24,000.
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