Properties already producing income are being auctioned next week, including 38 Common Lane, Sheldon in Birmingham.
This is a freehold three bedroom, semi-detached house with a current gross income of £5,148 per annum and a guide price* of £150,000+.
39 Springhill Grove, Wolverhampton, is also a freehold three bedroom, semi-detached house where a guide price of £155,000+ is offered on a property yielding £9,100 per annum.
A similar property at 60 Springhill Park, Wolverhampton, is offered with a guide price of £215,000+ and a current gross income of £7,800 per annum.
These investment properties are among 207 lots appearing in Bond Wolfe’s auction that starts at 9.30am on 21 July in a return to the Holte Suite at Villa Park for the first time in two-and-a-half years.
For those not able to attend in person, the auction will continue to be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.
Other properties being offered include one in Wednesfield. 65 Fairview Road is also a freehold three bedroom semi-detached house with an annual rental income of £5,668 per annum and a guide price of £135,000.
Northwards, in Cannock, 84 Johnson Road delivers a current annual income of £4,108 on this freehold, three bedroom, semi-detached property offered with a guide price of £90,000+.
57 Water Street, Burntwood, is a freehold three bedroom detached house with a current gross income of £5,820 per annum and a guide price of £175,000+.
1 Nailers Drive in Burntwood, Staffordshire, is a three bedroom, semi-detached house with a current gross income of £7,020 and a guide price of £125,000+.
Bigger pockets will be required for 17 Victoria Road in Erdington, Birmingham, a six bedroom house of multiple occupation (HMO). It is a freehold mid-terraced property with a current annual income of £34,200 and a guide price of £260,000+.
285 Slade Road in Birmingham offers three self-contained flats in an end terraced property with a potential income of £15,600 and a guide price of £165,000+.
