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Thursday, December 5, 2024
PropertyLOCAL INVESTMENT OPPORTUNITIES UP FOR GRABS AT UPCOMING AUCTION

LOCAL INVESTMENT OPPORTUNITIES UP FOR GRABS AT UPCOMING AUCTION

A pair of investment opportunities situated in Bolton, Greater Manchester are set to go under the hammer at an upcoming auction next month at Walsall Football Club’s Bescot Stadium on 8th December.

The auction, which is hosted by the UK’s largest residential and commercial property auction company Auction operating as Loveitts Auction House Coventry and Warwickshire, features an exciting range of investment and residential opportunities, with notable mention to two, three-bedroom properties, both of which being tenanted.

The two properties are tipped to be hot lots on the day, with intense interest already received in both.

The first three-bed semi-detached property up for grabs, situated at 9 Kingsway in Kearsley, Bolton possesses an initial guide price of between £100,000 and £120,000 acts as an ideal investment opportunity, offering rent payable of £6,000 per annum.

The property also features a rear and front facing gardens plus a conservatory, gas central heating and double-glazed windows throughout.

Another lot that is tipped to be subject on a fierce bidding war on the day is a mid-terraced leasehold property is at 27 Jubilee Street, with 866 years remaining that is understood to have three bedrooms.

The property also comes with a rent payable of £6,000 per annum.

Sally Smith, Director and Auctioneer at Loveitts commented: “These two properties based in Bolton, Greater Manchester act as fantastic investment opportunities either for a seasoned or first-time investors.

“While the auction will feature a number of exciting lots these two properties act as ideal investment opportunities given the promising rental yield each offer prospective buyers.

“As such, and given the interest already received in each so far, both are tipped to be subject of a fierce bidding war on the day, therefore we urge people to not miss out on this these two fantastic opportunities.”

The auction will take place at Walsall Football Club, Bescot Stadium, Walsall, WS1 4SA, commencing at 11:00 a.m.

Attendees either can bid in person at the auction or register for telephone, proxy or internet bidding online.

The event will also be streamed live.

For further details on these or other properties up for grabs, or to watch the live stream, log on to www.loveitts.co.uk

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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