Welcome to our opening catalogue of 2011 bringing 105 keenly guided properties to the market on behalf of motivated vendors offering opportunities for adding value or attractive income streams.
Our February 2011 auction brings 105 keenly guided properties to the market on behalf of motivated vendors offering opportunities for adding value; attractive income streams; or long term ownership or occupation.
Everyone accepts this year will be challenging: funding remains highly problematic for potential buyers. We know of many people who wish to be more active in the market, but are frustrated by a lack of finance.
This year we anticipate more stock will come to the market offering great potential to investors with access to funds. Those with experience know these are the times to make good acquisitions that become very profitable on market recovery.
Our February catalogue includes a versatile mix of stock on behalf of vendors including:
Lot 16: 33 Grosvenor Terrace, Camberwell SE5 0NN – Freehold four floor, three bedroom end of terrace house. Offered on behalf of the London Borough of Southwark.
Lot 50: 20 Avenue Road, Tottenham N15 5JH- Freehold three floor semi-detached house arranged as 11 units (four units vacant, 7 units let) producing approximately £62,920 per annum. Offered on behalf of the LPA Receivers.
Lot 65: Home Farm, Tidworth, Wiltshire SP9 7AQ – Freehold detached period farmhouse, four freehold semi-detached cottages plus a range of traditional and modern farm buildings and land on a site area of approximately 8.85 ha (21.87 acres). Offered on behalf of Defence Estates.
Lot 71: Buffalo Joes, Pipewellgate, Gateshead, Newcastle, Tyne and Wear NE8 2BJ – Substantial freehold detached building previously used as a bar/nightclub with potential for alternative uses or redevelopment (subject to consents) with an approximate area of 500m2 (5,380ft2). Offered on behalf of the administrators.
We hope you find something of interest. Legal packs are available and can be downloaded on-line. Should you require additional support please contact us on 020 7703 4401 or 0207 808 8530. We look forward to seeing you at London’s Grand Connaught Rooms on 16 February.
Robin Cripp, Chief Executive and Senior Auctioneer
T: 020 7808 8530