LATEST SMITHS AUCTION OFFERS HIGH YIELDING INVESTMENTS
Smith and Sons has revealed details of its first online property auction of 2024 which includes 29 lots, offering considerable investment and development opportunities.
The auction will be held on the 28th February with viewings underway and pre auction offers already being received.
For investors looking to add to their portfolios, there are several terraced and semi-detached homes throughout the Wirral offering immediate income and producing high yields with guides beginning as low as £30,000. With rental incomes at an all-time high, there is considerable scope for a strong return.
A number of properties would make ideal starter or family homes, a 3 bedroomed house in Parkside, Bebington offering spacious accommodation and with good gardens on a popular and desirable road being guided at a very realistic £130/150,000.
A bungalow in a quiet cul de sac in Newton le Willows needing upgrading and with the potential to extend is guided at £160/170,000 and a spacious 4 bedroomed home in Borrowdale Road, South Liverpool, is an ideal refurbishment opportunity being very well guided at £150,000 with nearby similar properties achieving in excess of £270,000.
A former Scout headquarters in Liscard Road, Wallasey offers storage or workshop space with an option to redevelop the site and an enclosed hard surfaced storage yard close to the centre of Ellesmere Port town centre is guided at £10/15,000.
Three flats in Bidston Court opposite Bidston Hill are ideal either for owner occupation or investment and a house in Dundonald Street guided at £30,000 is sure to attract attention.
Chris Johnson Auctioneer at Smith and Sons commented: “There are some very sensibly priced lots in this auction that will appeal to a builders, developers and investors. Despite a slower market than usual during 2023, we are seeing an increase in confidence particularly for well priced investments which continue to provide a very competitive yield.”
To arrange a viewing or for any more information, contact the auction team on hol@smithandsons.net
