Written by Joanne Townsend
Joanne Townsend
Joanne completed a Journalism degree in 2012 before working for a number of marketing companies in the roles of a copywriter, moderator and PR assistant.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
With many lots available with a current tenant or available to let out, this is a great addition for those looking to add to your property portfolio with a tenancy opportunity. These lots are listed for auction across the UK throughout April 2024, with Gross Yields between 10% and 20%.
This terraced house boasts five bedrooms and is primed for refurbishment. Positioned as a House in Multiple Occupation (HMO), it awaits renovation and upkeep. Situated near Derby City centre, it offers convenient proximity to the stations which is ideal for professionals. With potential rental income estimated at £1,792 per calendar month, contingent upon its condition, it presents an enticing investment opportunity.
Calculating a gross yield of 14.86% per annum, this property holds promise for lucrative returns. You could either rent the property as a whole to an individual tenant or rent the five rooms out for a great opportunity.
Gross yield percentage: 14.86%
The lot will be brought to auction by First For Auctions on 30th April 2024 with a Guide Price of £145,000.
Ideal for investors or developers, this two-bedroom mid-terrace property presents a lucrative opportunity. Currently functioning as a sizable two-bedroom house in a highly rentable locale in Crewe, it comes with a tenant already in place. The layout comprises a dining room, lounge, kitchen, and shower room on the ground floor, while the first floor hosts two spacious bedrooms and a generous family bathroom.
Additionally, the property features a low-maintenance rear garden. Situated in the heart of Crewe, it offers convenient access to commuter routes and all local amenities within the town centre. Crewe train station is also just a short distance away, enhancing its accessibility and appeal to potential tenants or future buyers.
Gross yield percentage: 10.04%
The lot will be brought to auction by Butters John Bee Auctions on 29th April 2024 with a Guide Price of £64,000.
This flat is held on a leasehold basis and is presently rented out at £470.00 per calendar month under a rolling contract ensuring a substantial return. The flat offers two bedrooms and is a great property for professionals or for couples.
The two-bed leasehold flat is situated in Boulton Grange and is located in Telford. With schools, shops and leisure facilities within a short distance, the flat offers ease of access to transport links, ideal for commuters.
Gross yield percentage: 12.53%
The lot will be brought to auction by Town & Country Property Auctions on 25th April 2024 with a Guide Price of £45,000.
This investment prospect encompasses three three-bedroom apartments, each presently leased at £550 per calendar month, generating a combined monthly income of £1650 and an impressive yield of 11%. The three-bedroom flats are excellent opportunities for a buy-to-let.
Each property features a well-appointed layout including a kitchen, lounge/dining room, three bedrooms, and a bathroom. Furthermore, all apartments are outfitted with gas central heating, double glazing, and private garden space, enhancing their appeal to potential investors.
Gross yield percentage: 11%
The lot will be brought to auction by Town & Country Property Auctions on 25th April 2024 with a Guide Price of £165,000.
Offering a lucrative investment opportunity, these Freehold ground rents are secured against 18 flats located in Bucknall Village, just three miles from Stoke-on-Trent City Centre. The portfolio comprises 2 blocks of modern purpose-built flats with ample parking and circulation space at the rear.
Bucknall is an appealing suburb of Stoke-on-Trent and offers excellent transport links to the city centre and surrounding areas and easy access to the M6. Additionally, its vicinity to new roadside retail/supermarkets adds to its desirability. This presents an ideal long-term strategic investment and a promising opportunity for speculative investors.
Gross yield percentage: 14.26%
The lot will be brought to auction by Auction Estates on 25th April 2024 with a Guide Price of £12,500.
This two-bedroom property is situated in North Ormesby and presents a bright and contemporary interior. Boasting a modern kitchen and a recently updated bathroom complete with an overhead shower, it offers a stylish living space. The property ensures comfort and energy efficiency throughout.
Currently occupied by tenants paying £450 per calendar month, it presents a steady rental income stream. With its modern amenities and convenient location, this property represents an attractive investment opportunity or a comfortable home for its occupants.
Gross yield percentage: 10.80%
The lot will be brought to auction by Town & Country Property Auctions on 25th April 2024 with a Guide Price of £50,000.
This two-bedroom maisonette is in Falkirk. Spanning two levels, the first floor encompasses entrance hallways, a lounge, and a kitchen, while the second floor features two bedrooms and a bathroom. Currently, the property is occupied by tenants paying £550 per calendar month, making it an enticing prospect for investors.
Similar properties in the area command rents of £750 per calendar month, offering a remarkable 15% Gross Yield potential. Moreover, this opportunity benefits from a wide array of local amenities, including a primary school, public transport options, and easy access to shops, enhancing its appeal to both investors and potential tenants alike.
Gross yield percentage: 10.04%
The lot will be brought to auction by Town & Country Property Auctions on 25th April 2024 with a Guide Price of £60,000.
This property offers a lucrative investment opportunity and is currently tenanted at £920 per calendar month. This bay-fronted terraced house comprises a hall, lounge, dining room, kitchen, three bedrooms, and a bathroom, with a rear yard included.
Enjoying a highly sought-after location in Moston, this property boasts an impressive yield of over 10% based on today’s guide. Conveniently located within walking distance of Broadhurst Park and Boggart Hole Clough, it offers easy access to Manchester city center, Oldham, and Middleton, as well as the M60 motorway. The area is rich in amenities, including shops and schools.
Gross yield percentage: 10.04%
The lot will be brought to auction by Edward Mellor Property Auctions on 24th April 2024 with a Starting Bid of £110,000.
This property comes with tenants already in place, providing a rental income of £450 per calendar month, resulting in a yield of 10.1% based on the guide price. Spanning three floors, the floorplan comprises a living room, dining room, kitchen, three bedrooms, and a bathroom. At the rear, there is an enclosed yard, while on-street parking is available at the front.
Tivoli Place enjoys a central location in Bishop Auckland, offering convenient access to local amenities, shops, and the nearby hospital. Additionally, it is well-served by public transport, with bus stops and the train station within proximity, making it an attractive location for tenants.
Gross yield percentage: 10.1%
The lot will be brought to auction by modern auctioneer iamsold on 25th April 2024 with a Current Bid of £48,000.
This semi-detached house, featuring three bedrooms, is spread across the ground and first floors, accompanied by front and rear gardens. Situated south of Hartlepool’s city centre, Gloucester Street branches off Blakelock Road. The area is well-connected by public transport, including Hartlepool railway stations.
Nearby the house are shopping facilities and recreational opportunities. With three bedrooms, front and rear gardens and proximity to amenities, this is a well-connected property with rental opportunities.
Gross yield percentage: 13.62%
The lot will be brought to auction by BidX1 Auctions on 25th April 2024 with a Guide Price of £42,000.
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