Buy to Let Auction Properties of the Month – June

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. These lots are listed for auction across the UK throughout June 2024, with Gross Yields between 10% and 20%.

4 Residential Dwellings, Bristol

(For Sale with Maggs & Allen Auctions)

4 Residential Dwellings in Bristol - For Sale with Maggs & Allen Auctions with a Guide Price of £425,000 (June 2024)

This substantial corner property in St George comprises four well-presented self-contained residential units: three flats and one mews house. Currently, fully let, it generates an annual income of £37,860, with the potential to increase. This property represents a superb residential investment opportunity with attractive rental returns.

The well-presented block of three flats and a mews house in St George is located conveniently in St George. This substantial corner property is a compelling opportunity for investors seeking strong rental income. Situated in a popular residential area with excellent transport links to the city centre and Ring Road, the property benefits from a range of local amenities in St George and Kingswood.

Gross yield percentage: 10%

The lot will be brought to auction by Maggs & Allen Auctions on 27th June 2024 with a Guide Price of £425,000.

6 Bed HMO, Bristol

(For Sale with Maggs & Allen Auctions)

6 Bed HMO in Bristol - For Sale with Maggs & Allen Auctions with a Guide Price of £295,000 (June 2024)

This well-presented and extended mid-terraced property on Easton Road in Bristol features six bedrooms configured as a House in Multiple Occupation (HMO). It includes a driveway for off-street parking at the front and a spacious rear garden. The property is fully let, generating £42,660 per annum, with the potential to increase rental income. This represents a lucrative rental investment opportunity with high yield potential.

Located on Easton Road, a tranquil cul-de-sac in Pill Village, the property is less than 2 miles from M5 Junction 19 and approximately 4 miles northwest of Bristol city centre. Residents enjoy easy access to Clifton and the property benefits from a variety of local amenities nearby.

Gross yield percentage: 13.33%

The lot will be brought to auction by Maggs & Allen Auctions on 27th June 2024 with a Guide Price of £295,000.

2 Bed Flat, Dunfermline

(For Sale with Online Property Auctions Scotland)

2 Bed Flat in Dunfrermline - For Sale with Online Property Auctions Scotland with a Guide Price of £50,000 (June 2024)

This tenanted two-bedroom flat in Rosyth offers a current rental income of £5,280 per annum, delivering a robust rental return. With an estimated potential end-market rental of £650 per month, this presents an excellent turnkey opportunity for buy-to-let investors seeking immediate income and growth potential.

Situated in a residential area, the property comprises an entrance hall, living room, kitchen, two bedrooms, and a bathroom. Likely to attract keen interest from developers and investors alike, Rosyth boasts a range of amenities, including shops and services, with easy access to primary and secondary schools in nearby Dunfermline. Commuters benefit from proximity to the M90 and Ferry Toll Park and Ride, facilitating convenient travel throughout Edinburgh and east central Scotland.

Gross yield percentage: 10.56%

The lot will be brought to auction by Online Property Auctions Scotland on 27th June 2024 with a Guide Price of £50,000.

1 Bed Flat, Hawick

(For Sale with Town & Country Property Auctions)

1 Bed Flat in Hawick - For Sale with Town & Country Property Auctions with a Guide Price of £20,000 (June 2024)

This exceptional 1 bedroom flat in Hawick offers a convenient layout all on one level. Situated on the first floor, it features an entrance hall, living room, kitchen, bedroom, and bathroom. Currently occupied by a tenant, the property generates an annual income of £3,900, yielding an impressive 19%. With the potential to increase the rent-to-market rates, the yield could rise to 24%.

Benefitting from a variety of local amenities such as a primary school, public transport, and convenient access to shops, this opportunity is well-suited for investors seeking a high-return property in a desirable location. Perfect for single professionals or couples, this would be an ideal well-placed flat in Hawick.

Gross yield percentage: 19.50%

The lot will be brought to auction by Town & Country Property Auctions on 27th June 2024 with a Guide Price of £20,000.

2 Bed Top Floor Flat, Aberdeen

(For Sale with Town & Country Property Auctions)

2 Bed Top Floor Flats in Aberdeen - For Sale with Town & Country Property Auctions with a Guide Price of £55,000 (June 2024)

This two-bedroom top-floor flat is situated in Woodside, Aberdeen. This fantastic opportunity offers a layout all on one level, featuring an entrance vestibule, kitchen/living room, inner hall, two bedrooms, and a bathroom with WC.

Currently, the property is rented out at £520 per month, making it an ideal investment for buyers seeking rental income. Benefitting from a variety of local amenities, including a primary school, public transport links, and easy access to shops, this property is situated in a convenient location in Aberdeen.

Gross yield percentage: 11.35%

The lot will be brought to auction by Town & Country Property Auctions on 27th June 2024 with a Guide Price of £55,000.

3 Bed Mid Terrace House, Blackpool

(For Sale with Auction House London)

3 Bed Mid Terrace House in Blackpool - For Sale with Auction House London with a Guide Price of £40,000 (June 2024)

This mid-terrace house features three bedrooms and is currently under an Assured Shorthold Tenancy, generating £6,500 annually. The property spans the ground and first floors with the ground floor offering a living room and a kitchen while the first floor features three bedrooms and a bathroom.

Situated on a residential road, the property enjoys proximity to local shops and amenities, with Watson Road Park Playground nearby. Blackpool South rail station provides convenient transport links. The property includes a rear garden, enhancing its appeal as a residential investment. Ideal for buyers seeking a rental income opportunity in a well-connected area of Blackpool.

Gross yield percentage: 16.25%

The lot will be brought to auction by Auction House London on 27th June 2024 with a Guide Price of £40,000.

3 Bed Mid Terrace House, Mexborough

(For Sale with Auction House London)

3 Bed Mid Terrace House in Mexborough - For Sale with Auction House London with a Guide Price of £30,000 (June 2024)

This three-bedroom mid-terrace house features three bedrooms and produces £5,400 annually. The property spans the ground, first, and second floors. The property boasts a rear garden which is an attractive benefit to the mid-terrace property. In a well-connected area of Mexborough, this will be a popular addition to the portfolio.

Situated on a residential road, the property is conveniently close to local shops, amenities, and Rocket Field. Mexborough rail station provides accessible transport links.

Gross yield percentage: 18%

The lot will be brought to auction by Auction House London on 27th June 2024 with a Guide Price of £30,000.

3 Bed Terrace House, Hardwick

(For Sale with BidX1 Auctions)

3 Bed Terrace House in Hardwick - For Sale with BidX1 Auctions with a Guide Price of £37,000 (June 2024)

This terraced house in Hardwick is arranged over the ground and first floors, offering a layout that includes three bedrooms, a bathroom with shower/WC on the first floor, and a reception room plus a kitchen on the ground floor.

Located northwest of Stockton-on-Tees, Hardwick is accessed via Easington Road. Public transport is convenient with Stockton railway station nearby. Local amenities such as shops and recreational facilities are readily accessible. The property features a front garden and a rear courtyard, providing outdoor space for residents. This residence offers a comfortable living space with proximity to essential amenities, making it an ideal choice for families or individuals looking to settle in the area.

Gross yield percentage: 16.16%

The lot will be brought to auction by BidX1 Auctions on 27th June 2024 with a Guide Price of £37,000.

4 Self Contained Studio Flats, Harlesden

(For Sale with Allsop Auctions)

4 Self Contained Studio Flats in Harlesden - For Sale with Allsop Auctions with a Guide Price of £525,000 (June 2024)

This property is configured into four self-contained studio flats, each under an Assured Shorthold Tenancy. Two studios are located on the ground floor, with the remaining two on the first floor. Situated at the junction of Yewfield Road and Roundwood Road, the property benefits from proximity to amenities such as shops, restaurants, and bars on Willesden High Street. Additional facilities are available in Harlesden Centre, with Harlesden Underground Station approximately a mile westward.

Roundwood Park and the College of North West London are within walking distance, offering recreational and educational opportunities. Heathrow Airport is accessible from Harlesden Station via Paddington, making this property well-connected for both local amenities and transport links.

Gross yield percentage: 10.97%

The lot will be brought to auction by Allsop Auctions on 19th June 2024 with a Guide Price of £525,000.

8 Self-Contained Studio Flats, St.Leonards-On-Sea

(For Sale with PS&B Auctions)

8 Self-Contained Studio Flats in St. Leonards-On-Sea - For Sale with PS&B Auctions with a Guide Price of £450,000 (June 2024)

A high-yielding freehold residential investment, this 8 self-contained studio flats is situated in St.Leonards-On-Sea. Presenting a lucrative opportunity with a sought-after return of 10.6%, this comprises eight self-contained studio flats, all currently let on Assured Shorthold Tenancies (ASTs), generating a total annual net rent of £47,700.

Located in the heart of St Leonards-on-Sea, the property offers proximity to amenities such as the mainline railway station, seafront and local shops. This investment not only provides a substantial yearly income but also holds significant breakup value, enhancing its appeal to investors seeking high returns in a vibrant coastal location.

Gross yield percentage: 10.60%

The lot will be brought to auction by PS&B Auctions on 27th June 2024 with a Guide Price of £450,000.