Wirral property auction offers 23 lots

Property firm Smith and Sons has revealed details of lots available at its summer Wirral property auction with interest from potential buyers described as ‘intense’

Thornton Green
Land at Thornton Green is one of the Smith and Sons auction lots

 

Smith and Sons has revealed details of its Wirral summer property auction taking place on Wednesday, July 13.

Online bidding will open at 12 noon on July 12. There are 23 lots on offer comprising refurbishment projects, residential investments and vacant houses. Properties in need of upgrade and modernisation are already proving popular.

There are also investment properties that offer yields in excess of 10%.Chris Johnson, auctioneer at Smith and Sons, said: “This is a brilliant auction for anyone looking to secure an investment or development opportunity. All of the lots are guided at realistic figures and offer huge scope to improve and add value.

READ MORE: Liverpool property auction raises £8.2m

“There are a number of properties that would make good family homes in popular locations. In particular, there is a four-bedroom house in West Kirby with a separate annexe suitable for a home office or for a dependant relative.

“Land and barns with outbuildings in Thornton le Moors are guided at £400,000 to £450,000 with planning for conversion. And there are two large properties in Birkenhead with planning to convert and upgrade to flats. There are also vacant commercial premises also with development potential.

“High levels of interest for investment houses continues. The auction room often acts as a barometer for the wider industry and interest remains as intense as ever.” 

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