Investor opportunity – auctioneer selling ground rents
Among the 10 lots being offered is a portfolio of ground rents on four maisonettes at 71-77 Garrison Lane, Chessington, in Surrey.
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Among the 10 lots being offered is a portfolio of ground rents on four maisonettes at 71-77 Garrison Lane, Chessington, in Surrey.
The prime freehold land has a guide price of £55,000, as well as mains water, electricity and gas supply.
The property has a guide price of £550,000 and will feature at Bond Wolfe’s auction in December.
There is a high-yielding mixed-use investment with sea views in the heart of Brighton’s fashionable The Lanes.
A retail unit on the edge of what will become Wolverhampton’s £55 million leisure-led Westside city centre mixed use development is among a string of attractive lots.
property investors will be particularly interested in a three-bedroomed, semi-detached rental property at 51 Wigman Road in Nottingham.
The nine-bedroomed, detached property known as Highfield Farm, on Farthing Lane in Curdworth, has a guide price of £635,000+.
South Derbyshire District Council has already granted planning permission for the vacant building’s conversion into eight spacious apartments.
Of the 159 lots sold, 12 were purchased for £1m or above, while the average lot size was £360,439.
The fully let, freehold building at 34 Port Street in Evesham is bringing in total annual rents of £41,400, representing a yield of more than 12% if based on the £320,000+ guide price.