Smith & Sons September Auction

Auctioneer, Smith and Sons’ Autumn auction will be held at 2pm on the 23^rd September at the Village Hotel in Brombrough, Wirral.

The sale has attracted a wide variety of entries with 24 properties, some being offered at substantial discounts to their last advertised price.

Many of the lots will appeal to investors, developers and owner occupiers, either as a first time purchase or as family homes, with several of the properties ready for immediate occupation whilst others require a programme of renovation.

Chris Johnson, Auctioneer at Smith and Sons said: “There are some great lots at the September auction with properties spanning the whole of Wirral. Whilst several properties are ready for immediate occupation, others offer scope to make significant improvements.”

Interesting lots include a double fronted detached cottage situated off The Parade in Parkgate and a deceptively large sandstone cottage in the centre of Oxton Village with its own parking, at a guide of £140-160,000.

An imposing detached period property in Rock Lane East offers huge potential either to continue as a family home or conversion to apartments, offered at £295 -330,000. Two large semi-detached properties in Devonshire Park both offer refurbishment potential either as a single dwelling or in flats.

Chris added: “We have several period properties that could be converted for multiple uses and are the types of lots that rarely come up at auction and have attracted good interest.”

There are several refurbishment opportunities including a superb four bedroomed house in Princes Boulevard in Higher Bebington, a two bedroomed cottage style house off New Chester Road in Bromborough, a three bedroomed semi detached house in Esher Close and a former dairy which now comprises a three/four bedroomed detached house in New Brighton.

A commercial investment in Acre Lane, Bromborough, comprises two retail units, six modern apartments and a workshop with stores having a yield of 13% on the guide price of £450 – 500,000. Another high yielding commercial investment is in Grange Road West, Birkenhead which offers versatile accommodation suitable for a variety of users. There are also several residential investment opportunities in Birkenhead and Wallasey which will produce 10-% returns for a modest outlay.

Chris concluded: “There really is something for everyone at this latest auction and we are expecting a strong and positive outcome in terms of sales reached and attendance on the day.”