SMITH AND SONS ANNOUNCE SPRING PROPERTY AUCTION DETAILS

Property auction house, Smith and Sons, has announced details of its latest sale with 33 lots including residential development and investment opportunities as well as land and commercial properties.

 The auction is set to take place at 2pm on Thursday 2nd May at the Village Hotel in Bromborough, Wirral.

 

A number of terraced homes, offer huge potential in terms of individual investment or as part of a wider portfolio. With guides ranging from £40,000 to £90,000, this latest auction offers investments with strong high and attractive yields.

 

Chris Johnson, Auctioneer at Smith and Sons commented: “This is a particularly strong auction comprising a number of fantastic properties that should appeal to a broad audience. We are already seeing interest from investors looking to strengthen their buy to let portfolio, with keen prices still allowing for strong long term yields.

 

“There are also several semi-detached homes that would be ideal family homes following refurbishment and upgrade, as well as two lots offering development land with planning for new homes.”

 

A building plot on Hilltop Lane in Heswall is guided at £215,000 - £240,000 and has the benefit of planning for a four bedroom detached home. A second plot at Marquis Street in Birkenhead has planning for a three bedroom property and is guided at £25,000 - £35,000.

 

A commercial investment in Ellesmere Port will provide a yield of over 20% and a cottage in School Hill, Heswall, guided at £110,000 - £120, 000, is already attracting interest.

Chris added: “We are now conducting viewings on all properties. For further information please contact us at 0151 647 927 or visitwww.smithandsons.net”

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