SMITH AND SONS REVEAL PACKED AND EXCITING SEPTEMBER AUCTION
Smith and Sons has revealed details of its September auction, comprising 26 strong Merseyside-based lots.
Amongst the lots available is a former primary school in Birkenhead on a site extending to some 0.66 acres for which planning permission has been granted for conversion, and construction of 44 apartments, guided at £850,000 - £1.1m.
A bungalow in prestigious Pine Walks in Penton occupies an elevated position with extensive mature gardens and presents huge development potential and is offered at a guide of £600,000 - £650,000.
A rare and complete development site with four road frontages and opposite the Wirral Waters Twelve Quays regeneration area is also included in the auction. This site extends to some 5725 sq metres (1.4 acres) and currently includes a vacant mill building, furniture showroom and stores, workshops, former cafe and hardstanding for parking. This lot presents an excellent development opportunity with a guide of £450,000 - £500,000.
There are a number of fantastic residential development opportunities including a four bed semi-detached property on Kingsway in Wallasey guided at £210,000 - £230,000. There are several terraced properties in need of refurbishment and modernisation that would be ideal for onward sale or retained as part of a buy to let portfolio.
Chris Johnson, Auctioneer at Smith and Sons commented: “This is a really strong auction with some interesting lots available with plenty of development and investment opportunities. We expect lots of interest and are already arranging viewings and managing enquiries.”