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Eddisons to put 111 lots under the hammer

Written by: Rob Limbert on Friday 03/07/2015

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Among the lots going under the hammer in Manchester are two major freehold residential investments in Manchester M19.

10 and 12 Osborne Road is arranged as 11 self-contained flats, currently producing annual income of £50,700. The guide price is £455,000 plus. Meanwhile 14 and 16 Osborne Road, arranged as 10 self-contained flats generating £46,500 per annum, is guided at £445,000 plus.

Elsewhere, a part-let residential investment within Prescot town centre, with the potential to produce income of £24,780 when fully let, has a guide of £175,000 plus.

The Leeds sale includes a major mixed use investment opportunity close to York city centre. The property on Blossom Street incorporates two self-contained ground floor retail units and separate residential accommodation above, producing total annual rental income of approximately £52,805. The guide price is £525,000 plus.

A substantial detached property in the Harehills area of Leeds arranged as three self-contained flats which is finished to a high standard and ready to occupy, is guided at £175,000 plus.

Other Leeds highlights include a vacant freehold former community centre in Bramley. Greenhill Centre on Gamble Hill Drive extends to around 2,418 sq. ft. and is being offered on the instructions of Leeds City Council at a guide price of £70,000 plus.

Among the lots at the London sale is a major freehold mixed use investment in Westbourne, near Bournemouth. The property on Seamoor Road comprises a ground floor retail space let until 2027 and three flats to the upper floors, currently producing total annual rental income of £60,200. The guide price is £900,000 to £950,000.

Also available is a freehold former office building in Harwich, Essex. Parkeston House has planning permission for 10, two bedroom flats and is guided at £175,000 plus.

Robert Limbert, Associate Director and auctioneer at Eddisons says: ‘The catalogue includes a wide choice of lots across all categories, at guide prices to suit all budgets.’

The full catalogue is available to view at www.eddisons.com/auctions

Written by: Rob Limbert on Friday 03/07/2015

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About the author

Robert joined Eddisons' property auctions team in 2004 as a senior surveyor and is now a Director and Auctioneer based in the Leeds office. The property auction division organises around 15 auctions a year in Leeds and Manchester and sold £30m of property at auctions in 2015. Previously, Rob worked for Ashtenne Industrial Fund and has more than 17 years’ experience in property.

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