Welcome to our October catalogue brimming with 91 autumnal opportunities for rental, investment, development or owner occupation.
We aim to bring you a depth and breadth of stock on behalf of motivated vendors, corporate clients, private sellers, a number of local authorities, public bodies, LPA receiverships and mortgagees in possession.
With uncertainty over the global economy and the Euro zone continuing to undermine consumer confidence today’s property buyers are looking for security and a hearty rental return on their investment with commercial returns of at least 7%. The gap between buyer and seller expectations continues to shorten and realism both on pricing and salability is improving.
However as our last sale in September showed while demand for stock in and around the M25 remains robust and prices are strong those in the North are less so and pricing more than ever is key to their successful sale. In short the market remains highly selective but there are buyers for property perceived to be fairly priced.
With selectivity in mind we would like to draw your attention to the following opportunities:
8 Glenbuck Road, Surbiton, Surrey: Freehold two floor three bedroom semi-detached house with full vacant possession. Guide Price: ?400,000 +
38b & 38c Kings Avenue, Clapham, SW4: A Pair of of non self-contained flats. Offered with full vacant possession on behalf of the London Borough of Lambeth. Guide price: ?510,000 +
88a & 88b Landcroft Road, East Dulwich, SE22: Freehold three floor house arranged as two self-contained flats with full vacant possession on behalf of Wandle Housing Association. Guide Price: ?350,000 +
14, 16, 18 & 20 Gleneldon Road, Streatham, SW16: Two pairs of semi-detached houses arranged as thirty self-contained flats producing a combined rent of approximately ?174,480 per annum. Great scope to improve the income. Guide Price: ?2,275,000 +
Purley Court, 841 Brighton Road, Purley, Surrey: Freehold ground rent secured upon 24 flats (one flat let on a regulated tenancy, 23 flats sold) and seven garages with planning permission for an additional floor for six self-contained flats. Guide Price:?450,000 +
Garages at Rear of 27 Trinity Crescent, Tooting Bec, SW17 7AG: Freehold block of garages with planning permission for the construction of two x five bedroom semi-detached architecturally designed houses with off street parking. Guide Price: ?1,300,000 +
We hope you find something of interest and look forward to seeing you in the room. Legal packs may be downloaded via our website: www.a-r.co.uk and our staff are happy to help with any queries you may have.
Robin Cripp
Chief Executive & Senior Auctioneer