A varied catalogue with far reaching appeal defines the Smith and Sons summer auction.

To be held at 2pm on the 5th July at the Village Hotel in Bromborough, a total of 28 lots will be offered.

There is something for everyone’s budget, property preference and investment yield with a wide range of buildings, some for refurbishment, some for immediate occupation and others for development.

At a guide of £90,000 -110,000, a delightful detached cottage in Heswall Lower Village, set in private gardens with the option to purchase additional land if required, is sure to attract interest, offering the potential to extend and redevelop what is currently a small cottage in a highly desirable residential area.

A modern three bedroomed detached house in Elm Grove, Birkenhead, is offered at a realistic guide to reflect the need for some general upgrading and modernisation whilst a cottage in Sandbach is a residential investment producing a good rental yield. There are a number of properties throughout Liverpool and Wirral ideal for investment purposes offered at low prices with the potential to achieve yields well in excess of 10%.

Chris Johnson, Auctioneer at Smith and Sons commented: “There are some fantastic investment and development opportunities at this auction that really do span the property market. From the first time buyer to the seasoned developer and HMO landlord, there is something for all our clients and we are expecting considerable interest in this auction.”

A vacant shop and refurbished flat in an established retail parade in Greasby is guided at £120,000-£140,000 and provides versatile retail space with a separate apartment above. A ground floor retail unit in Allport Road, Bromborough is to be offered as a commercial investment guided at £80,000-£90,000 with an income of £10,400 per annum.

Eaton Court, Grove Road, Wallasey is a former residential home but with the potential to refurbish as apartments. Drawings have been prepared showing a layout as 11 units either for investment or individual sale. This property is situated close to Warren Drive and the New Brighton Promenade and offers great potential to create an excellent residential scheme.

Chris added: “Commercial and residential opportunities are included in this auction as well as conversion opportunities and two former pubs/social clubs, offering a rare opportunity to acquire prime sites in Birkenhead.”

The Black Horse Public House in Tranmere is a substantial property with nicely refurbished first floor residential space. This building is capable of being occupied either for residential use or to continue to trade as a public house. The Gladstone Club in Church Road, Tranmere offers  vacant function rooms with extensive bowling green land to the rear ideal for a residential scheme there being three potential road frontages.

Buildings in Grange Road West and Claughton Road both have Planning Permission for conversion and refurbishment for HMO occupation. The property in Grange Road West includes a two storey coach house and full architect’s drawings have been prepared for an attractive scheme.