High yielding properties to be sold under the hammer

High yielding properties to be sold under the hammer

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Many buy-to-let landlords will have one eye on Sutton Kersh’s summer auction in July which will feature a mixture of properties, including some attractive investment and development opportunities.

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The Liverpool auction house has just released its latest auction catalogue offering more than 90 properties, including a number of pre-let residential investments and homes ideally suited to the buy-to-let market.

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For example, Sutton Kersh has already received a lot of interest for a double fronted, 7-bedroom terrace property on Norwich Road, just minutes from Allerton Road, which is currently producing a rental income of £27,300pa.

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The company has also seen particular interest in a two bedroom apartment in Liverpool’s fashionable and prestigious Georgian Quarter. This Canning Street property has a guide price of £135,000 and would be suitable for immediate occupation or investment purposes with a potential income of £10,000 plus per annum.

James Kersh, auction director, Sutton Kersh, said: “Whilst interest rates are low, property remains to be a popular investment. In particular, we have seen high yielding terrace houses being among the most in demand type of property with buyers at our auctions this year.”

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The auction will take place on 14th July at the Crowne Plaza in Liverpool. 

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