October Auction Property Deals of the Month – Greater London

Updated on: 30 September 2024
  • Joanne Townsend - Property Auctions News Writer Written by Joanne Townsend Joanne Townsend
    Joanne Townsend - Property Auctions News Writer Written by

    Joanne Townsend

    Writer for Property Auction News

    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.
  • Ruban Selvanayagam - Property Auctions News Edited by Ruban Selvanayagam Ruban Selvanayagam
    Ruban Selvanayagam - Property Auctions News Edited by

    Ruban Selvanayagam

    Writer / Editor at Property Auction News

    Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.

Here are some of the best commercial and residential lots across London up for auction during October 2024. These offer investment potential in the capital city.

Residential Auction Properties – Greater London

2 Bed Terrace House, London

(For Sale with GoTo Properties)

2 Bed Terrace House in London - For Sale with GoTo Properties with an Opening Bid of £375,000 (October 2024)

 

This freehold property is near the highly acclaimed Blythe Hill Fields, offering recreational spaces with city views. The house is located off Brockley Park, featuring three bedrooms, private gardens, and parking, making it an appealing purchase for its space and location.

Local schools are within easy reach and notable dining spots. The property is just 0.4 miles from Honor Oak station, with quick access to central London stations.

The lot will be brought to auction by GoTo Properties on the 23rd of October 2024 with an Opening Bid of £375,000.

3 Bed Mid Town House, Streatham Vale

(For Sale with SDL Property Auctions)

3 Bed Mid Town House in Streatham Vale - For Sale with SDL Property Auctions with a Guide Price of £350,000 (October 2024)

This three-bedroom mid-terrace house in Streatham Vale offers an excellent opportunity for full modernisation and potential. With the scope for a rear extension, adding a driveway is possible. The property holds significant potential for improvement.

Located in a highly regarded area of Streatham Vale, the house is a short walk from the station providing direct transport links to central London via Clapham Junction, London Bridge, and London Victoria. Additionally, the property is close to outstanding local schools. Shops, bars, and restaurants in Streatham Vale are easily accessible. This property is perfect for buyers looking to modernise and add value in a sought-after location.

SDL Property Auctions will bring the lot to auction on the 23rd of October 2024 with a Guide Price of £350,000.

3 Bed Detached House, Ealing

(For Sale with Auction House London)

3 Bed Detached House in Ealing - For Sale with Auction House London with a Guide Price of £875,000 (October 2024)

This vacant three-bedroom detached house offers excellent potential for loft and rear extensions, subject to obtaining the necessary consent. Situated over two floors, the property is freehold and situated on a residential road in Ealing near local shops and amenities.

The ground floor features two reception rooms, a kitchen, and a WC, while the first floor accommodates three bedrooms and a bathroom. The house also benefits from front and rear gardens, providing outdoor space, and includes a garage for additional storage or parking. Located near the green open spaces of Hanger Hill Park, the property enjoys convenient transport links. This house presents a superb opportunity to modernise and expand, making it ideal for buyers seeking to add value and create a spacious family home.

Auction House London will bring the auction to an end on the 15th of October 2024 with a Guide Price of £875,000.

2 Bed Flat, London

(For Sale with Harman Healey Auctions)

2 Bed Flat in London - For Sale with Harman Healey Auctions with a Guide Price of £260,000 (October 2024)

This two-bedroom flat spans two floors and is situated near South Norwood Country Park and Birkbeck station. The property offers great potential for a rental property.

The layout includes an entrance and stairs leading up to the half-landing, which features one bedroom and a bathroom. On the first floor, you’ll find a second bedroom, a spacious reception room, and a kitchen. With its convenient location and potential for improvement, this property offers an excellent opportunity for buyers looking to customise a home in a desirable area.

Harman Healey Auctions will bring the lot to auction on 10th October 2024 with a Guide Price of £260,000.

4 Bed Maisonette, London

(For Sale with iamsold)

4 Bed Maisonette in London - For Sale with iamsold with an Opening Bid of £600,000 (October 2024)

This substantial four-bedroom purpose-built maisonette is just moments from Peckham Rye Park. The property features well-proportioned rooms and a southwest-facing roof terrace. There is also potential for further expansion by converting the loft, subject to necessary consent.

Located on Forest Hill Road, the maisonette enjoys excellent bus services. Commuters will appreciate the nearby Peckham Rye station, offering direct trains to Victoria and London Bridge. Forest Hill station provides additional connections to London Bridge and the London Overground line. This property presents an excellent opportunity for buyers seeking a spacious home in a well-connected area.

The lot will be brought to auction by iamsold on 5th October 2024 with an Opening Bid of £600,000.

Commercial Auction Properties – Greater London

 Commercial Unit and 2 Bed Maisonette, Bromley

(For Sale with Swift Property Auctions)

Commercial Unit and 2 Bed Maisonette in Bromley - For Sale with Swift Property Auctions with an Opening Bid of £365,000 (October 2024)

The property is a mid-terrace building featuring a ground-floor commercial unit, currently operating as a café, with a rear yard. The upper floors consist of a two-bedroom maisonette arranged over the first and second floors.

In addition to the rear yard, the maisonette benefits from a roof terrace, providing outdoor space for tenants. This mixed-use property presents an attractive investment opportunity, combining commercial and residential elements with an established rental income and potential for further growth.

Swift Property Auctions will bring the lot to auction on 8th October 2024 with an Opening Bid of £365,000.

Vacant Shop with 2 Bed Flat, Acton

(For Sale with Savills Property Auctions)

Vacant Shop with 2 Bed Flat in Acton - For Sale with Savills Property Auctions with a Guide Price of £560,000 (October 2024)

This freehold mid-terrace mixed-use property consists of a vacant ground-floor shop with a two-bedroom flat above. The property offers development potential, with lapsed planning permission for an additional one-bedroom flat, making it suitable for further expansion.

There is also asset management potential in letting the commercial unit, adding to its investment appeal. Situated on the western side of Horn Lane, the property is conveniently located between Rectory Road and Market Place, with several stations within a mile. This prime location, combined with the development and rental potential, makes it an attractive opportunity for investors or developers.

The lot will be brought to auction by Savills Property Auctions on 8th October 2024 with a Guide Price of £560,000.

Large Garage with Potential, Brixton

(For Sale with Savills Property Auctions)

Large Garage with Potential in Brixton - For Sale with Savills Property Auctions with a Guide Price of £160,000 (October 2024)

This spacious garage/workshop offers excellent potential for alternative uses, subject to the necessary consent. Conveniently located near the junction of Horsford Road and Brixton Hill, it is close to the vibrant amenities of Brixton, including shops, restaurants, and recreational facilities.

The property’s versatile space presents a great opportunity for various purposes, including storage, workshop use, or potential redevelopment. With easy access to both Brixton Underground and National Rail stations, the location is ideal for those seeking a well-connected and centrally positioned property for a commercial property.

The lot will be brought to auction by Savills Property Auctions on 8th October 2024 with a Guide Price of £160,000.

Freehold Nursery, London

(For Sale with iamsold)

Freehold Nursery in London - For Sale with iamsold with a Starting Bid of £210,000 (October 2024)

This is a rare opportunity to acquire a freehold nursery in a highly sought-after location in London. The property boasts spacious indoor facilities, making it ideal for a well-established childcare setting. It also benefits from an outdoor area, perfect for children’s activities.

The nursery includes a basement, providing additional storage or the potential for expansion. With its prime location and versatile features, this property offers significant investment potential. This is a unique chance to secure a valuable asset in a desirable area with excellent growth potential.

The lot will be brought to auction by iamsold on 2nd October 2024 with a Starting Bid of £210,000. 

3 Bed Terrace House, Greenwich

(For Sale with Savills Property Auctions)

3 Bed Terrace House in Greenwich - For Sale with Savills Property Auctions with a Guide Price of £570,000 (October 2024)

This three-bedroom terraced house offers a fantastic opportunity for renovation and personalization. It features a rear garden, providing outdoor space for relaxation and activities. Conveniently located near Maze Hill station, commuting and travel are easily accessible.

Situated on Orlop Street, the property is just a short distance from the picturesque Greenwich Park, home to attractions which boast stunning city views. There are vibrant shopping and leisure amenities available in central Greenwich, including the popular Greenwich Market. For those driving, nearby road access via the A2 ensures quick connections to the southeast coast. This vacant property needs modernisation, presenting an ideal opportunity for buyers.

The lot will be brought to auction by Savills Property Auctions on the 8th of October 2024 with a Guide Price of £570,000.

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