SPRING HAS SPRUNG AT SMITHS LATEST AUCTION
Smith and Sons has revealed details of its May auction, comprising 31 investment and refurbishment opportunities, as well as development land with planning and mixed commercial opportunities.
The online auction is taking place on the 15th May with viewings already underway.
For those looking to strengthen or start their buy to let investment portfolio, there are some fantastic opportunities. A number of houses in popular areas of Wirral are offered, requiring improvement and modernisation, including a three bed end terrace on Poulton Rd in Wallasey guided at £70-80,000, as well as two adjoining properties Bidston Rd in Birkenhead guided between £35 – 45,000.
The auction includes several semi-detached homes such as St. Andrews Rd, Bebington and Whitfield Lane, Heswall, suitable for development and ongoing sale or owner occupation with others in Edinburgh Rd and Albion Street in New Brighton.
Willow Cottage in Moreton sits at the end of a private drive, offering huge potential for further development, and is guided at £175 – 200,000 whilst a substantial home currently converted into two large apartments within walking distance of West Kirby Marina is guided at £300-320,000.
Developers are certain to be interested in a large site in Neston comprising two substantial four bedroomed houses together with formal gardens, on which there is planning for three detached homes.
Commercial investments in Claughton Village and Church Rd, Tranmere
offer high yields and a large office building in Market Street, Hoylake provides potential for a mixed commercial/residential scheme.
Chris Johnson, Auctioneer at Smith and Sons commented: “This is strong auction that presents some really interesting and exciting opportunities. The scope of lots available means that there is something for everyone here, from first time buyers through to seasoned developers.”