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 March 2024, with Gross Yields between 10% and 20%.
This two-bedroom mid-terraced house is currently rented periodically at £450 per calendar month (£5,400 annually). This investment gem features a welcoming lounge with a front-facing window, a kitchen equipped with wall and base units, worktop surfaces, and a built-in sink. The rear entrance door leads to stairs accessing the first-floor accommodation, consisting of two bedrooms and a family bathroom.
A promising investment, this offers a gross yield percentage of 18%. With the convenience of rear gardens, this property is a great rental opportunity. Located in Darfield, the property is situated in Barnsley.
Gross yield percentage: 18%
The lot will be brought to auction by Price Linsey Auctions on 28th March 2024 with a Guide Price of £50,000.
This fully operational buy-to-let investment comprises a three-bedroom end terrace house, presently occupied under an Assured Shorthold tenancy which generates £475 per calendar month (£5,700 annually). The property boasts an entrance hall leading into a kitchen with base units alongside a lounge.
Upstairs, there are three bedrooms along with a family bathroom which features a white suite including a bath with an overhead mixer shower. Outside, enjoy gardens at both front and rear. This property appeals to buy-to-let investors with the current tenant in occupancy for several years. On Houfton Road, the property is located in Bolsover.
Gross yield percentage: 11.40%
The lot will be brought to auction by Price Linsey Auctions on 28th March 2024 with a Guide Price of £50,000.
This freehold investment comprises a ground-floor retail unit with a self-contained one-bedroom flat on the first floor and a one-bedroom studio flat on the second floor, presenting an ideal investment opportunity. Situated prominently on St Stephens Road, within a retail parade just off the main Evington Road with proximity to the centre of Leicester.
The retail unit on the ground floor features a retail sales area, a WC and a kitchen. The first floor offers a self-contained flat with a landing, lounge, kitchen, bedroom, and bathroom. The second floor offers a studio flat which offers an open plan living room/bedroom, a kitchen and a bathroom.
Gross yield percentage: 10.04%
The lot will be brought to auction by Shonki Bros Auctions on 27th March 2024 with a Starting Bid of £275,000.
Situated in Wallasey’s sought-after residential and commercial hub, this expansive three-storey property offers a lucrative investment opportunity. Comprising a spacious corner layout, it houses a ground-floor convenience store and four one-bedroom flats on the upper levels. The convenience store operates under a long lease, generating £13,000 annually, while the flats yield £400 per calendar month each. Boasting a remarkable nearly 15% yield based on the Guide Price, this is a lucrative opportunity.
Brighton Street serves as a primary thoroughfare linking Seacombe Ferry to New Brighton. Positioned opposite Wallasey Town Hall, it enjoys prime visibility and accessibility in the area’s bustling commercial landscape. The ground floor offers the store which features a shop area, sales counter, storage and counter. Meanwhile, the first flat offers two flats both with one bedroom as well as a kitchen, bathroom, and living room. On the second floor, there are two further flats with one bedroom each. Outside, there is a rear yard and on-street parking.
Gross yield percentage: 14.64%
The lot will be brought to auction by Venmore Auctions on 27th March 2024 with a Guide Price of £220,000.
Offering a substantial investment opportunity, this four-storey property boasts an annual income of approximately £52,320, resulting in a potential gross yield of around 13%. The ground floor hosts a restaurant generating £1400 per calendar month. Additionally, seven flats provide significant rental income from paying tenants, comprising six one-bedroom studios and one three-bedroom flat.
The property’s accommodation spans four stories, encompassing the ground-floor restaurant and a mix of one-bedroom studios and a larger flat. Situated between West Street and the B5245 Southport Promenade, this property enjoys a strategic location with easy access to amenities and the seaside promenade.
Gross yield percentage: 13.59%
The lot will be brought to auction by Venmore Auctions on 27th March 2024 with a Guide Price of £385,000.
This end-terraced house, currently arranged as six flats, presents a prime residential investment opportunity near Crewe Center and Cheshire College. With a current rental income of £23,400 per annum, it yields an initial gross yield of 14.6% annually. The property, in need of refurbishment, offers potential for subdivision or redevelopment, subject to planning permission.
The property is conveniently situated close to local schools, amenities, and easy access to the town centre, hospital, and mainline rail services to London, Manchester, and Birmingham. M6 access is also convenient via junctions 16 and 17. The ground floor offers two flats that offer a bedroom, living room, kitchen and bathroom. Meanwhile, the first floor offers three flats while the second floor offers a further flat. Outside, there is a garden area to the sides and front.
Gross yield percentage: 15.60%
The lot will be brought to auction by First For Auctions on 27th March 2024 with a Guide Price of £150,000.
Presenting an exceptional investment and development prospect, this detached property features a separate bungalow and expansive rear gardens. Formerly used as a children’s day nursery, it commanded a lease generating £4,300 per calendar month until recently. The main building boasts 10 versatile rooms, kitchen areas, cloakrooms, bathrooms, and storage spaces across three floors and a basement.
Additionally, a detached bungalow/annexe at the rear, currently integrated into the nursery, offers open-plan space, a kitchen, and a cloakroom. With vacant possession, the site holds potential for various uses, including individual flats, subject to planning approval. The extensive gardens are presently landscaped as a children’s playground. Nestled off the main A565, the property enjoys a prime position within proximity to the shops and amenities of Lord Street. Additionally, it’s conveniently situated near tourist attractions such as the Promenade and Southport Pleasure land, making this a potential holiday rental opportunity.
Gross yield percentage: 12.90%
The lot will be brought to auction by Venmore Auctions on 27th March 2024 with a Guide Price of £400-425,000.
Offering a residential investment opportunity, this three-bedroom mid-terraced dormer bungalow offers a steady rental income of £5,712 per annum. Situated approximately 3.5 miles from Sunderland City Centre, the property enjoys proximity to various local amenities, including schools.
The ground floor of the dormer bungalow features a living room, a dining room, a kitchen and a bathroom. On the first floor, there are three bedrooms. Externally, the property features a front garden and a rear yard making this a great residential investment opportunity.
Gross yield percentage: 12.69%
The lot will be brought to auction by Landwood Property Auctions on 27th March 2024 with a Guide Price of £45,000.
This residential investment presents a three-bedroom mid-terraced house in Houghton Le Spring which is currently rented at £5,280 per annum. Situated in Hetton-Le-Hole, the property enjoys proximity to several nearby schools and local amenities, enhancing its appeal for residents.
Completing the property is a rear yard, adding practical outdoor space for residents. This investment property is well-positioned to attract tenants seeking convenience and comfort within a vibrant community setting. The ground floor features a lounge and a kitchen offering comfortable living spaces. The first floor offers three bedrooms and a bathroom.
Gross yield percentage: 16.25%
The lot will be brought to auction by Landwood Property Auctions on 27th March 2024 with a Guide Price of £32,500.
This two-bedroom back-to-back terrace is currently occupied by a tenant generating a gross rental income of £7,139.88 annually, reflecting an approximate 11% yield based on the guide price. Although the property requires some internal renovation, it presents an excellent opportunity for a buy-to-let portfolio.
Situated close to local amenities, approximately 2 miles from Leeds city centre and a short 15-minute walk from St James Hospital, the property offers convenient access to essential services.
Gross yield percentage: 10.98%
The lot will be brought to auction by Auction House West Yorkshire on 27th March 2024 with a Guide Price of £65,000.