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 way to add to your property portfolio. These lots are listed for auction across the UK throughout February 2024, with Gross Yields between 10% and 20%.
A unique building with tons of potential, this Grade II Listed converted church and old school house present an enticing investment opportunity with three self-contained flats available for purchase. This property comprises a church dating back to the 1700s and an adjoining schoolhouse from the 1800s, now converted into three flats.
The former church now serves as a spacious studio with a double-height living area and mezzanine, while the school house has been divided into two two-bedroom flats across its floors. Each unit boasts self-contained amenities, with the studio having its entrance and the flats sharing a communal one. Additionally, the property features three parking spaces.
Gross yield percentage: 10.74%
The lot will be brought to auction by Greenslade Taylor Hunt Auctions on 29th February 2024 with a Guide Price of £200,000.
The portfolio comprises six flats and comprises two residential units a ground floor 1-bed flat and a top floor 2-bed flat which is rented at £525pcm. Comprising six flats generating its annual income and is currently managed by a local Management Company for the vendor..
With a mix of both leasehold and freehold properties, this is a great opportunity resulting in a yield of around 10%. The flats are situated in Boulton Grange in Telford situated by local amenities including schools, restaurants and shops making this a prime location for a tenant.
Gross yield percentage: 10%
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £160,000.
Offered for sale through the Modern Method of Auction, this fully let six-bedroom licensed house of multiple occupancy (HMO) is located in North Hykeham and generates an annual income of £36,600 and a Gross Yield of 14.64%. The property boasts six rooms, three equipped with kitchenettes and ensuites, along with a downstairs cloakroom, utility room, kitchen, dining room, and a family bathroom.
External features include a gated rear garden and driveway parking. Sold with no onward chain, this property benefits from its location in North Hykeham, offering convenient access to local schooling, amenities and the A46 bypass.
Gross yield percentage: 14.64%
The lot will be brought to auction by iamsold on 1st March 2024 with a Starting Bid of £250,000.
With a gross yield of 12.54%, this is a lucrative investment opportunity featuring six fully let one-bedroom flats. Each unit is equipped with gas-fired central heating and offers comfortable living. The property offers off-road parking for seven cars, ensuring convenience for tenants.
This block of apartments promises a steady income stream and represents a compelling investment option. Situated in a desirable location, it warrants serious consideration for investors seeking stable returns. With all units occupied, it assures immediate rental income.
Gross yield percentage: 12.54%
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £250,000.
This property which consists of eight apartments and boasts a convenient location in Caergybi, near Holyhead Park, the town center, and the port/railway station, with easy access to the excellent out-of-town shopping at the nearby Penrhos Estate. Featuring eight apartments, it offers ample living space for potential tenants or buyers. Additionally, a spacious rear garden adds to its appeal.
With its strategic position and desirable amenities, this property represents a great investment opportunity. Each apartment ensures comfort. Moreover, residents can enjoy scenic views of the port from the premises, adding to its value. Whether for investment purposes or as a potential residence, this property offers convenience, comfort, and investment potential in a prime location.
Gross yield percentage: 13.67%
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £295,000.
Situated in the sought-after Newburn Village, this mid-terrace house is currently occupied with a tenant in place making this a great buy-to-let opportunity. The property comprises a lounge, a kitchen, a bathroom/w.c., and two bedrooms on the first floor. Outside, there’s an enclosed yard at the rear.
Conveniently located, it provides easy access to local amenities such as schools, shops, pubs, and a leisure centre. Moreover, it’s well-connected to transportation hubs including the train station and airport. The nearby A1 and A69 trunk roads offer straightforward routes to Newcastle and Hexham. With regular buses into Newcastle city centre, amenities are within easy reach of the city.
Gross yield percentage: 10.91%
The lot will be brought to auction by Agents Property Auction on 28th February 2024 with a Guide Price of £55,000.
An outstanding investment opportunity presents itself with a vacant ground floor shop unit accompanied by two one-bedroom and one two-bedroom flats, all currently tenanted to make this a great buy-to-let opportunity. Positioned with significant road frontage in the bustling commercial hub of Little Sutton, the property boasts substantial potential.
With a potential gross yield exceeding 10% when fully occupied, it promises lucrative returns. Conveniently located, it offers easy access to both Liverpool and Chester. The two-bedroom flat is presently leased at £625 per calendar month while the two one-bedroom flats command rents of £600 and £560 per calendar month respectively. Located in Little Sutton, there is easy access to Ellesmere Port with all its amenities.
Gross yield percentage: 10.00%
The lot will be brought to auction by Town & Country Property Auctions on 29th February 2024 with a Guide Price of £275,000.
This purpose-built semi-detached property offers six one-bedroom apartments, all with an HMO License. Currently, five apartments are occupied under separate assured shorthold tenancies. There’s additional potential to convert the basement-level ‘communal’ apartment into a sixth self-contained unit, further increasing income.
All apartments are well-maintained and offer rolling contracts. There is ample on-street parking to the front, while a low-maintenance communal garden graces the rear. This property represents a substantial investment opportunity, with the potential for increased revenue through conversion and continued tenancy.
Gross yield percentage: 10.5%
The lot will be brought to auction by iamsold on 1st February 2024 with a Starting Bid of £250,000.
This investment opportunity awaits in Blackpool offering an incredible potential yield of 13.95%. Situated just moments away from the vibrant centre of Blackpool, this impressive end terrace property is a gem waiting to be seized. Perfect for both investors and landlords, it comes with all current tenants in place, generating an impressive annual income exceeding £30,000.
Spanning three floors, this expansive property comprises six apartments, each with unique sizes and layouts. With strategic reconfiguration, there’s boundless potential to enhance the accommodation. Moreover, the lower ground floor hosts a spacious basement area This valuable area presents further opportunities for development.
Gross yield percentage: 13.95%
The lot will be brought to auction by iamsold on 1st March 2024 with a Starting Bid of £215,000.
This property offers excellent opportunities with five flats and three shops, currently yielding £57,020 per annum. Located in the highly sought-after area of Woodseats, this block of mixed-use properties is meticulously maintained, with each unit being self-contained. The property comprises three shops, all leased to a single window company, and five spacious flats consisting of two 3-bedroom, two 2-bedroom, and one 1-bedroom offering. The rear of the property boasts a garden and amenity space.
Highlighted by its prime location and excellent condition, this investment ensures immediate income and holds the potential for a return exceeding 11.76%. With its impressive rental yields and strategic location with easy access to Sheffield, this property promises a rewarding investment venture.
Gross yield percentage: 11.76%
The lot will be brought to auction by SDL Property Auctions on 29th February 2024 with a Guide Price of £500,000.
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