WELCOME TO FEBRUARY 2021 AUCTION
As the pandemic continues to dominate the headlines and lockdown measures tighten, investor confidence in the region’s property market remains high. Purchasers are keen to take advantage of both the current Stamp Duty holiday which at the time of writing is due to finish at the end of next month, and also the high yields available on both residential and commercial investments.
The online method of Auction enforced upon us last year has proved successful with purchasers able to bid online, by phone or proxy from the comfort and safety of their home, office or nearest internet connection.
Details of how to easily register and bid are included in this Catalogue under “Six steps to online bidding”. If in doubt or you have any queries, Annette our Auction Manager will be happy to help on aas@smithandsons.net
The level of prices achieved in our last auction of 2020, many of which were well in excess of the guides, indicates that this method of sale remains popular mainly due to the transparency and certainty of the bidding process and the defined timescale under which the Auction is conducted. This is welcomed by both buyers and sellers with no last minute delays or complications.
This February catalogue contains a wide selection of residential and commercial investments, properties for upgrading and refurbishment in highly regarded residential areas, apartments and a vacant double office building in Hamilton Square and a substantial former Nursing home.
Of particular interest will be a 3 bedroomed semi- detached house in Hillfield Drive, Heswall, requiring a full programme of refurbishment with the potential to extend if required. Similar projects in Waverley Road, Hoylake and ‘Deepfield’, a three bedroomed detached bungalow approached from a long private drive off Chester High Road, Gayton will attract attention from both builders and owner occupiers as all will provide good family homes once modernised.
A pair of Grade I listed buildings overlooking formal gardens in Hamilton Square offer character office space or the potential to convert for residential use.
Six flats in Clarendon Road, close to the town hall in Wallasey provide an excellent investment opportunity with a yield in the region of 14% and a former nursing home opposite a park and playing fields in Birkenhead is an ideal residential development opportunity.
All are offered at realistic guide prices and worthy of inspection.
We will be arranging viewings to comply with social distancing measures in force at the time and videos of the many Lots will be on our Website at www.smithandsons.net
For further details of any of the properties, to arrange a viewing or to discuss bidding, please ring the office on 0151-647 9272 or email aas@smithandsons.net
