Cartwright House & Cumberland House

Eddisons auction attracts 47 lots

David McCourt

Eddisons' first North West property auction of 2013 will consist of 47 lots including Cartwright House & Cumberland House in Salford.

The property currently generates annual rental income of £30,576. The guide price is £100,000 plus, with a potential return of more than 30%.

The former Beulah Methodist Church in Bacup, which comprises 11 self-contained apartments, is also up for sale. The property produces annual income of £35,700, with the potential for this to increase to £50,100. The guide price is £375,000 plus.

Elsewhere, a barn conversion opportunity at Bleara Moor near Barnoldswick is guided at £175,000 plus.

The barn occupies a site of approximately nine acres within a rural location and is offered with full planning permission for conversion to a single property.

In Thornton Clevelys, near Bispham on the Fylde coast, a portfolio of seven apartments currently generating £33,300 a year has a guide price of £300,000 plus.

The purpose-built apartments on Warren Drive are restricted to residents over the age of 55 and include a communal lounge, day centre and café.

Tenanted retail stock includes a unit on Stamford New Road in Altrincham town centre, producing £24,000 a year. The guide price is £140,000 plus.

Andrew Brown, associate director and head of North West property auctions at Eddisons, said: "The catalogue contains a wide selection of both residential and commercial lots, at guide prices to suit all budgets."

The sale takes place on February 26 at the Premier Inn, Trafford Park, Manchester, from 12.30pm.

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