October Auction Property Deals of the Month – Newcastle and the North East

Here is a range of residential and commercial properties up for auction in Newcastle and the North East. These offer great investment potential and are up for auction during October 2024.

Residential Auction Properties Newcastle and the North East

3 Bed Terrace House, Blyth

(For Sale with Auction House North East)

The lot will be brought to market by Auction House North West on the 29th of October 2024 with a Guide Price of £35,000.

3 Bed Detached Bungalow, Newcastle Upon Tyne

(For Sale with Northwood Auctions)

Nestled in Newcastle, this three-bedroom detached bungalow offers a peaceful and private location. Inside the property, there is a living area, a dining space, and a kitchen, creating an inviting environment, perfect for family gatherings. The kitchen is well-equipped with ample storage and sleek countertops, while the adjacent dining area offers scenic views.

The bungalow features three spacious bedrooms. Outside, the mature gardens are ideal for outdoor living. Two garages provide ample parking and storage. Located in the sought-after Benton neighbourhood, this home is located with convenient access to amenities.

The lot will be brought to auction by Northwood Auctions on the 23rd of October 2024 with a Guide Price of £285,000.

2 Bed First Floor Flat, Newcastle Upon Tyne

(For Sale with Northwood Auctions)

The lot will be brought to auction by Northwood Auctions on 23rd October 2024 with a Guide Price of £75,000.

2 Bed Mid Terrace House, Peterlee

(For Sale with BP Auctions)

2 Bed First Floor Flat, Swalwell

(For Sale with Sarah Mains Auctions)

The property will be brought to market by Sarah Mains Auctions on the 22nd of October 2024 with an Opening Bid of £37,500.

Commercial Auction Properties – Newcastle and the North East

Retail Unit with Ancillary Accommodation, South Bank

(For Sale with Auction House London)

This vacant semi-detached property offers a ground-floor retail unit with additional ancillary accommodation on the upper floor. The building requires extensive refurbishment due to fire damage and is an ideal project for renovation or redevelopment.

The property is freehold and situated on a residential road close to local shops and amenities, with the open spaces of Imperial Park nearby. South Bank rail station provides convenient transport links to surrounding areas. Externally, the property benefits from a rear yard, offering additional outdoor space. This property presents a significant opportunity for investors or developers looking for potential in a convenient location.

Auction House London will bring the lot to auction on 16th October 2024 with a Guide Price of £30,000.

Former Boxing Gym with Accommodation, Wallsend

(For Sale with Pugh Auctions)

This detached commercial property, previously used as a boxing gym, is now available with vacant possession and requires refurbishment. Spanning two storeys, the ground floor includes a large open area, a reception room, and a smaller room. The first floor offers two spacious rooms, a smaller room, and a W.C. The property presents potential for various uses.

Located to the rear of Chestnut Street in Wallsend, the property is situated approximately four miles east of the city centre. The surrounding area is mixed-use, featuring both residential housing and nearby commercial occupiers. This property offers an excellent opportunity for developers or business owners to repurpose or renovate the space to suit their needs in a well-connected and versatile location.

The lot will be auctioned by Pugh Auctions on 16th October 2024 with a Guide Price of £46,000.

Restaurant and Takeaway, Redcar

(For Sale with Lambert Smith Hampton Auctions)

This fully fitted restaurant and hot food takeaway is now available with vacant possession. The property occupies a prime position on Redcar’s High Street. Arranged over two storeys, the ground floor features a fully equipped restaurant and takeaway, while the first floor includes ancillary office and storage areas. Externally, there is a rear garage/bin store with roller shutter access, located off Lord Street.

Redcar is a bustling coastal town, nine miles east of Middlesbrough, with excellent transport links. The town also benefits from two railway stations, providing regional and national rail connections.

Lambert Smith Hampton Auctions will bring this property to market on the 9th of October 2024 with an Opening Bid of £185,000.

Retail Unit with 2 Bed Flat, Willington

(For Sale with Savills Property Auctions)

Ground floor Shop with Ancillary Accommodation, Redcar

(For Sale with Savills Property Auctions)

Savills Property Auctions will bring the lot to auction on 8th October 2024 with a Guide Price of £75,000.