Property Auctions - co15
Auction date: Wed, 26/03/2025 - 11:00
Guide Price £60,000. For refurbishment throughout. The flat offers one bedroom accommodation with a good size bay fronted living room, and presents an excellent opportunity for an investor to add to a rental portfolio.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £90,000. A two bedroom first floor flat with balcony with sea views and allocated parking. The flat is located close to the seafront. The property is currently let and the tenants have resided at the property for around 10 years. A new tenancy agreement commenced on 1st February 2025 for a minimum period of 12 months at a rent of £725 per month which represents a yield of just under 10% of the guide price.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £350,000. A freehold building arranged as four retail units, first floor offices, and warehouse to the rear. The property was previously fully let however the current owner had allowed the building to become vacant with a view to redeveloping the building. It is considered that the property has the potential to create a high yielding investment.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £450,000. A head lease within a large building containing 9 two bedroom flats that are all let on assured sorthold agreements and achieving a gross income of £5925 per month (71,100 per annum), which represents a gross yield of 15.8% of the guide price. The flats occupy 4th floor of the building.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £225,000. Freehold three storey building on a corner plot containing communal gardens, hallways and store areas plus two 2 bedroom flats and a studio flat that are all let on assured shorthold tenancies producing a monthly income of £1650 per month (£19,800 per annum). A yield close to 9% of the guide price.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £135,000. A freehold building that includes a fast food takeaway, a flat above that is sold on a long lease and a studio flat at the rear that is accessed independently from the shop. The takeaway and the studio flat is fully let to the same tenant for £15,000 per annum. A yield of over 11% of the guide price.
Auction date: Tue, 11/02/2025 - 08:00
Guide Price £20,000. A detached bungalow in shell condition and requiring complete modernisation. Benefits from forecourt to front, and garden at rear. Situated in a cul-de-sac, close to amenities. Vacant possession.
Auction date: Tue, 18/02/2025 - 12:00
Guide Price £120,000. A vacant two bedroom maisonette held on a registered lease for 999 years from September 1973. The property requires some decorative updating. Access to the property is located at the rear with stairs leading to a balcony offering individual access to each of the properties in the block. There is also a garage in a block.
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £28,000 - £35,000. This detached premises, situated in a residential road, is well placed for access to the beach, local shops/amenities. The property was a former workshop building, currently arranged as residential accommodation (as set out below) but done so without planning permission being obtained. Freehold with vacant possession.
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £170,000. This semi-detached bungalow offers off-road parking for multiple vehicles, a garage, two double bedrooms, a shower room, a kitchen, a lounge with French doors leading to the garden, and a conservatory. While the property requires modernisation throughout, it provides plenty of space and potential.