Updated on: 19 October 2024
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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.
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Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
With tons of investment potential, these residential and commercial properties in Essex are up for auction in October and November.
Residential Auction Properties Essex
(For Sale with Get An Offer Auctions)
This five-bedroom detached house offers spacious living with modern amenities. The property features a well-fitted kitchen, a separate utility room/boot room, and a large lounge that opens into a dining room. Additionally, there is a second reception room, ideal for a family room or home office. Upstairs, there are five generously sized bedrooms and a family bathroom/WC.
The exterior boasts a rear garden with a brick outbuilding, perfect for storage or potential conversion. Ample off-road parking is available. This is a great opportunity for anyone looking to move swiftly into a home with plenty of character.
The lot will be brought to auction by Get An Offer Auctions on the 31st of October 2024 with an Opening Bid of £880,000.
(For Sale with First For Auctions)
This vacant two-bedroom, first-floor split-level flat is located in the popular residential area of Westcliff-on-Sea, close to Southend City Centre and offering convenient access to Prittlewell Station. The property comes with driveway parking and a share of the freehold, making it a valuable investment opportunity. It requires refurbishment, providing a chance for the new owner to modernise and increase its value.
Ideal for owner occupation or as a rental investment, the estimated rental income is around £1,200 PCM. This property presents a fantastic opportunity for investors or buyers looking to create a comfortable home in a well-connected location.
The property will be brought to auction by First For Auctions on 31st October 2024 with a Guide Price of £145,000.
(For Sale with Savills Property Auctions)
This two-bedroom terraced house is located in the popular Barking area and is vacant. The property benefits from off-street parking, making it convenient for residents. Situated between Thames Road and River Road, it is well-positioned for easy access to the amenities of both Barking and Dagenham.
The house is within walking distance of Barking Riverside Station, offering convenient Overground transport links to the City of London. For recreational activities, Thames View Playing Field is nearby, providing green space for leisure and relaxation. This property presents an excellent opportunity for both owner-occupiers and investors due to its prime location and accessibility.
Savills Property Auctions will bring the lot to auction on 30th October 2024 with a Guide Price of £280,000.
(For Sale with Savills Property Auctions)
This mid-terrace property is arranged over three storeys and comprises four self-contained flats: one two-bedroom and three one-bedroom units. The property includes a rear garden and off-road parking for two vehicles at the front.
Located in Westcliff-on-Sea, the property is ideally situated close to Westcliff Railway Station and the beach, making it highly accessible. Local amenities are nearby on Hamlet Court Road, Shorefield Road, and London Road, with additional services available in the Southend city centre just over a mile away. The property currently generates £33,660 per annum in rental income, with part of the building vacant, presenting further investment potential.
The lot will be taken to the auction by Savills Property Auctions on 30th October 2024 with a Guide Price of £565,000.
(For Sale with McHugh & Co Auctions)
Located off St Neot’s Road, this three-bedroom terraced house offers convenient access to local shopping and transportation, including Harold Wood Train Station and Romford Town Centre. The property, in need of modernisation, is arranged over two floors and comprises a living room, a dining room and a kitchen on the ground floor.
On the first floor, there are three bedrooms and a shower room. Externally, the property features a front garden and a rear garden. With vacant possession, this home presents an excellent opportunity for buyers looking to renovate, offering significant potential for improvement and adding to the house’s value.
McHugh & Co Auctions will bring the lot to auction on 29th October 2024 with a Guide Price of £200,000.
Commercial Auction Properties – Essex
(For Sale with Savills Property Auctions)
This mixed-use investment and development opportunity features five retail units, a rear warehouse, and first-floor office suites. One retail unit is currently let, producing £5,700 per annum, with the potential to transform the site into a substantial investment.
The property offers significant value-added potential through the letting of vacant units, and it comes with positive planning approval for converting the upper floors into 7 or 8 HMO studio apartments. Located in Clacton-on-Sea, a popular seaside town, the property sits within a well-established mixed-use area near Pier Avenue, a principal retail destination.
Savills Property Auctions will bring the lot to auction on 30th October 2024 with a Guide Price of £375,000.
(For Sale with Clive Emsom Auctions)
The property, located on Braintree High Street, was formerly an office building with planning permission granted for converting the upper floors into two self-contained, one-bedroom flats. While work on the conversion has begun, it still requires completion. The ground floor remains office space, with side access leading to a communal landing. The rear houses one flat, while a split-level flat is positioned at the front.
Braintree District Council granted planning permission which includes the installation of a dormer window on the front elevation and alterations to fenestration. The variation ensures an amendment to the shop’s street entrance, removing a large covered area to prevent potential misuse. This project offers a unique opportunity for both residential and commercial development in a prime high-street location.
Clive Emsom Auctions will bring the lot to auction on 1st November 2024 with a Guide Price of £300-325,000.
(For Sale with Savills Property Auctions)
Witch Tree Farm is a Grade II listed detached farmhouse dating back to the 16th century, offering a unique opportunity for investors or developers. The property, in need of complete modernisation, features three bedrooms and retains many of its original period features.
Set amid mature gardens and grounds, the property benefits from a detached double garage and a large single-storey outbuilding. It is located in a rural setting near Hempstead, a village close to Saffron Walden in Essex. Witch Tree Farm is situated on Witchtree Lane, accessible from High Street, with local amenities available in nearby villages. The surrounding countryside offers various recreational opportunities, while the train station is located about 9.7 miles away, and provides transport links via Greater Anglia. The property is vacant and available for immediate development.
The lot will be taken to the auction by Savills Property Auctions on 30th October 2024 with a Guide Price of £500,000.
(For Sale with Allsop Auctions)
Occupying a prominent corner plot with stunning direct sea views, this property has planning permission granted for refurbishment and conversion into seven flats. The approved development includes six two-bedroom flats and one one-bedroom flat.
Currently laid out as a former care home with thirteen bedrooms, the property offers a fantastic development opportunity. It is situated on the corner of Percival Road and Cliff Parade, just across from the beach, providing scenic views and easy access to the seaside. Local shops and amenities can be found in Walton-on-the-Naze. The B1034 provides access to the A133 and A120, connecting to nearby towns. This property offers excellent potential for conversion into highly desirable coastal flats.
The property will go to auction with Allsop Auctions on the 21st & 22nd of October 2024 with a Guide Price of £700,000.
(For Sale with Auction House East Anglia)
This substantial retail premises is located in a popular trading area in Benfleet. The building features a part single-storey and part two-storey layout, with storage rooms and offices on the first floor, which was previously a self-contained flat. Additional storage is available behind the main retail space.
The property benefits from forecourt parking and a driveway leading to a rear car park with space for multiple vehicles. Previously used as a ladies’ fashion store, the premises are suitable for a variety of commercial uses. The property received planning permission from Castle Point Council for conversion and extension to provide a retail shop and four self-contained flats. This presents an excellent development opportunity with potential for a mixed-use property in a sought-after area.
The lot will be brought to auction by Auction House East Anglia on the 23rd of October 2024 with a Guide Price of £360,000.
