Bolton ‘investment opportunities’ being auctioned next week

A pair of investment opportunities situated in Bolton, Greater Manchester are set to go under the hammer at an upcoming auction next month at Walsall Football Club’s Bescot Stadium on 8th December.

The properties are tenanted two- and three-bedroom homes, while it’s anticipated that there will be interest in both.

The auction is hosted by Loveitts Auction House Coventry and Warwickshire.

The first three-bed semi-detached property, situated at 9 Kingsway in Kearsley, Bolton has an initial guide price of between £100,000 and £120,000, and offers rent of £6,000 per annum.

9 Kingsway

The property also features a rear and front facing gardens plus a conservatory, gas central heating and double-glazed windows throughout.

27 Jubilee Street

Another lot that the auctioneer said could be subject on a fierce bidding war on the day is a mid-terraced leasehold property is at 27 Jubilee Street, with 866 years remaining that is understood to have three bedrooms.

The property also comes with a rent payable of £6,000 per annum.

Sally Smith, director and auctioneer at Loveitts, said: “These two properties based in Bolton, Greater Manchester act as fantastic investment opportunities either for a seasoned or first-time investors.

“While the auction will feature a number of exciting lots these two properties act as ideal investment opportunities given the promising rental yield each offer prospective buyers.

“As such, and given the interest already received in each so far, both are tipped to be subject of a fierce bidding war on the day, therefore we urge people to not miss out on this these two fantastic opportunities.”

The auction will take place at Walsall Football Club, Bescot Stadium, Walsall, WS1 4SA, commencing at 11:00 a.m.

Attendees either can bid in person at the auction or register for telephone, proxy or internet bidding online.

The event will also be streamed live.

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