SMITH AND SONS REVEAL FEBRUARY AUCTION CATALOGUE

Smith and Sons has revealed details of its latest online property auction, featuring 22 diverse Merseyside-based lots.

Taking place on the 26th February, the auction kicks off at midday, with bidding windows open 24 hours prior at midday on 25th February. 

The auction features a broad range of lots, including several terraced investment properties with guides beginning as low as £50,000. There are a number of lots that are ideal for investment purposes, notably a large imposing property in Tranmere featuring some eight apartments guided at £250,000 - £270,000 and offering an attractive yield of some 15%.

There is also, a large detached property on Old Chester Road which includes five quality, modern self-contained apartments, offering a strong return on investment with a guide of £320,000 - £340,000.

A number of commercial properties are also available including a two-storey detached building on Daryl Road in Heswall offered at a guide of £150,000 - £170,000, as well as 81 New Chester Rd, New Ferry, a vacant two-storey property including ground floor retail space with first floor office/storage, guided at only £40,000 - £50,000. 

There are investment properties in St Georges Avenue and Elmswood Road, Birkenhead, with a vacant semi detached house for refurbishment in Grange Farm Crescent, West Kirby which would make an ideal family home once works have been carried out. 

Chris Johnson, Auctioneer at Smith and Sons commented: “There are some real gems in this latest auction. A number of properties offer an excellent return on investment, particularly if retained for rental purposes. Viewings are now underway and we are already managing plenty of enquiries.”