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. These lots are listed for auction across the UK throughout May 2024, with Gross Yields between 10% and 20%.
Gross yield percentage: 10.80%
The lot will be brought to auction by Town & Country Property Auctions on 27th May 2024 with a Guide Price of £50,000.
Norbury is a South London suburb approximately 7 miles from Central London and 3 miles from Croydon. The property is part of a retail parade on London Road (A23) and planning was granted in 2024 for a single-storey extension and demolition of the existing extension to create a separate entrance or self-contained access to the upstairs flat and reconfiguration of the first and second floors.
Gross yield percentage: 11.82%
The lot will be brought to auction by BidX1 Auctions on 23rd May 2024 with a Guide Price of £550,000.
This two-bedroom freehold flat is located in a popular residential area of Andover and offers convenient driveway parking. Situated close to the town centre, the two-bedroom flat provides easy access to Andover station, being a great position for commuters.
The property is currently tenanted, generating a rental income of £1,250 per month, yielding an 11.11% gross rental return. Offering a substantial return, this is an ideal investment opportunity.
Gross yield percentage: 11.11%
The lot will be brought to auction by First For Auctions on 31st May 2024 with a Guide Price of £135,000.
The portfolio comprises six flats with two residential units with a mix of freehold and leasehold opportunities. Currently, the three flats are occupied by tenants, generating a combined rental income of £1,470 per month.
This investment offers a remarkable return on investment. Located in Boulton Grange in Telford, the flats are within easy reach of schools, shops and the Telford town park.
Gross yield percentage: 11.76%
The lot will be brought to auction by Town & Country Property Auctions on 30th May 2024 with a Guide Price of £150,000.
Currently fully let, the property generates a total annual income of £13,920, resulting in an impressive gross yield. The ground floor shop is leased at £375 per month and includes a front shop area, rear store, kitchen, and WC. The first-floor flat is rented at £385 per month and features a hall, sitting room, kitchen, bedroom with recess, and bathroom. The second-floor flat commands £400 per month and offers a hall, sitting room, kitchen, two bedrooms, and a bathroom. Externally, there is a rear passage with additional storage facilities. This investment presents a great opportunity with stable rental income and substantial yield potential.
Gross yield percentage: 16.61%
The lot will be brought to auction by Auction House Cumbria on 30th May 2024 with a Guide Price of £85,000.
This mixed-use investment property boasts a gross yield of 15% at the guide price. Located prominently in the town, it features a ground-floor shop unit and an upper-floor flat. The ground floor accommodates a spacious shop area along with a rear store, WC, and additional storage space.
On the first floor, there is a front sitting room, kitchen, and bathroom. The second floor comprises a front bedroom and a rear bedroom. Externally, the property includes a rear yard. This investment presents a solid opportunity with a stable income stream and potential for further development or enhancement.
Gross yield percentage: 14.86%
The lot will be brought to auction by Auction House Cumbria on 30th May 2024 with a Guide Price of £70,000.
This two-bedroom mid-terrace house is conveniently situated for Peterlee’s amenities and features a private garden. Currently rented out, it generates £4,200 annually, achieving a notable 19% gross yield based on the guide price. The property includes a private garden and is currently occupied by tenants.
Located near the junction of Allan Street and Crawlan Avenue, the house offers proximity to shopping facilities in central Peterlee. Transport links are easily accessible via Horden National Rail station, enhancing the property’s appeal to tenants and investors seeking a well-situated investment opportunity with potential for growth in rental income.
Gross yield percentage: 19.09%
The lot will be brought to auction by Savills Property Auctions on 29th May 2024 with a Guide Price of £22,000.
This property consists of six one-bedroom apartments, each with its kitchen, and two communal bathrooms, located on Trewyddfa Road in Morriston. Spanning two floors, the property features an entrance hall and utility room. The first floor accommodates three bedrooms, while the lower floor includes three bedrooms alongside two shared bathrooms.
A spacious patio area at the rear offers picturesque countryside views. Currently, the property is rented to six working professionals who collectively pay £2,540 per month. It is noted that higher rental incomes are achievable in this desirable location. This investment opportunity provides both immediate rental yield and potential for increased returns, appealing to investors seeking a well-located property with strong rental demand.
Gross yield percentage: 11.61%
The lot will be brought to auction by Town & Country Property Auctions on 30th May 2024 with a Guide Price of £195,000.
Outside, the property features gardens at the front and rear, along with a garage. This well-maintained home offers a stable rental income with built-in annual growth, making it an attractive opportunity for investors seeking a reliable return in a desirable location near Cardiff.
Gross yield percentage: 10.99%
The lot will be brought to auction by SDL Property Auctions on 30th May 2024 with a Guide Price of £175,000.
The first floor accommodates three bedrooms, while the ground floor comprises a reception room, kitchen, bathroom, and separate WC. Outside, the property includes a rear yard. This home presents a practical layout and convenient location, ideal for those seeking a comfortable residence in proximity to essential amenities and transportation links in Hartlepool.
Gross yield percentage: 16.70%
The lot will be brought to auction by BidX1 Auctions on 23rd May 2024 with a Guide Price of £37,000.
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