SEPTEMBER AUCTION SALE
Smith and Sons next property auction is to be held at the Village Hotel in Bromborough on the 20 September 2017 at 2:00pm.
28 lots will be offered, there being a variety of properties including houses for refurbishment, residential investments, building plots and a range of commercial buildings.
Most of the investments produce yields in excess of 12% several being let to long term tenants providing an immediate return.
A property at Parkside Road, Bebington is situated in a quiet cul-de-sac and whilst in need of refurbishment it is set in larger than average gardens and will be suitable for investment, onward sale or occupation once the refurbishment works have been completed. A similar semi-detached house at Shore Drive, Wirral has large rear gardens offering potential to extend if required. It is close to Port Sunlight Village and an ideal refurbishment opportunity.
A workshop and garage at Withens Lane, Wallasey offers versatile accommodation suitable for a variety of workshop and storage purposes and a former bank building in Grange Road West, Birkenhead is a substantial property with extensive accommodation suitable for a mixture of commercial and residential uses.
A large traditional house in Palm Grove, Oxton is in four flats and whilst needing some upgrading is in a sought after residential area and each of the flats, once refurbished, could be rented out or sold.
A spacious first floor flat in Hamilton Square, Birkenhead is offered at a substantial discount to prices recently achieved on similar properties and two refurbished flats in Sandcliffe Road, New Brighton are well worth an inspection and ready for immediate occupation.
A large top floor flat at Sefton Drive, Liverpool is a residential investment and again offered at a discount to prices achieved for similar properties in the area.
There are two regulated tenancies in Wallasey and Liverpool offered at discounts to vacant possession prices.
A building plot at Mockbeggar Wharf, New Brighton has planning permission for a three bedroomed house with footings already laid, this plot being opposite Wallasey Golf Club and having views towards Kings Parade Promenade.
A terraced block of properties on Borough Road, Birkenhead are occupied as a mixture of flats and offices already producing a good rental income together with a substantial vacant building suitable for retail, showroom or storage use. These properties currently produce a rental income of nearly £26,000 per annum and are offered at a guide of £150,000 - £170,000.
Commercial investments in Liscard Road and St Pauls Road, Wallasey are fully let and produce yields of 12%.
To arrange a viewing or to obtain further details on all of the properties in this catalogue please telephone the office on 0151 647 9272 or email firstname.lastname@example.org