Property Auctions - rental income

Auction date: Wed, 17/04/2024 - 17:30

A Freehold end of terrace property ( 2701 Sq Ft ) that has been extended and professionally configured to create a 13 bedroom | 4 bathroom fully licensed HMO. The property is let to students for the 2023 / 2024 academic year producing a gross income of £145,340 pa ( Inclusive of utilities costs ). The listing for the 2024 / 2025 academic year is shortly to be released quoting £148,340 pa

Auction date: Tue, 26/03/2024 - 13:00

Extended and improved over the years, this spacious home offers spacious living accommodation throughout, benefitting from kitchen/breakfast, two reception rooms, a conservatory, four double bedrooms and an office which could also be utilised as another bedroom if desired. The detached double garage has been extended to provide a large one-bedroom detached bungalow. Current Income from one bed annex - £7,500pa (£625pcm).

Auction date: Thu, 21/03/2024 - 18:00

A mixed-use investment property arranged as a ground floor takeaway with a self contained first floor two bedroom flat and garage to the rear. The property is let on a fully repairing and insuring basis at £13,200pa although a rent review is due in January 2025, the auctioneers would anticipate a potential market rent closer to £18,000per annum. The property is an ideal investment opportunity for those looking to expand their portfolio.

Auction date: Wed, 27/03/2024 - 10:00

A multi asset investment opportunity comprising 3 x 1 bedroom flats within a purpose built apartment block, 14 associated garages, lapsed planning consent for residential development and ground rents encompassing each of the apartments. The flats and garages are all let, which along with the ground rents, produce an annual income of approximately £32,000. The previous planning permission was approved for demolition of existing garages and construction of 2 x semi detached houses and could have potential to be re-implemented, subject to consent.

Auction date: Wed, 20/03/2024 - 13:00

Freehold Blue Chip Convenience Store Investment. The site extends to 18,680 square feet. With dual customer access from both the front and rear of the property. Let to Iceland Foods until February 2030, with a tenant only break clause in February 2025. The property is arranged on a ground floor only. Current passing rent of £99,588 per annum with fixed increase to £112,765 in February 2025.

Auction date: Thu, 21/03/2024 - 09:00

Rare opportunity to purchase a tenanted lock up/storage garage. An Amazing investment opportunity in a sought after, residential area with an immediate rental income of £100 per month, giving a yield of 12%.

Auction date: Thu, 21/03/2024 - 09:00

Portfolio of two 2-bedroom tenanted properties (one let at £480 per month, the other at £525 per month). Current rentals provide an excellent yield of 9.6% of Guide Price. Fantastic turnkey investment with immediate income stream.

Auction date: Wed, 28/02/2024 - 10:00

Previously tenanted two bedroom terrace house Small gardens to front and rear. Good buy to let potential. Access roads include A1 & A19. Schools, shops and public houses are all within walking distance of the property.

Auction date: Wed, 28/02/2024 - 14:00

This nicely refurbished and modernised mixed use investment comprises a lock up hair salon and two self contained flats. The shop is let on a 5 year lease at a rental of £410 pcm. Each flat is let on an AST at £425 pcm This produces a total rental income of ££15,120 pa.

Auction date: Wed, 21/02/2024 - 14:00

A substantial double fronted Victorian house, divided into self-contained apartments, plus a separate detached office building at the rear, with parking and additional outside space, offering the potential for further planning gain. The flat is subject to an AST producing £175 per week (£9,100 per annum). The commercial property is subject to a 5 year lease producing £1,450 pcm (£17,400 per annum), with a three year rent review.