FSS will be starting the year with a bumper auction featuring 17 properties with some superb opportunities for investors looking for strong returns and plenty of homes with buy-to-let potential.
Harrogate Investment Properties
Investor interest is expected to be high for a number of lots in the March 5th Auction, including a three storey stone fronted Victorian property in the heart of Harrogate town centre shopping district, less than 100 metres from Harrogate Theatre and Marks and Spencer. The property on Mount Parade has a guide price of £220,000 and is available with vacant possession.
Another investment property on Dragon Avenue, Harrogate, comprises 6 apartments in a detached residential block, all of which are currently let. Based on the guide price of £525,000 this will yield growth of 7.1% with an annual income of £37,380.
Nearby on Dragon View, a terraced property made up of 5 letting bedsits and yielding an annual income of £22,829 will go to auction with a guide price of £250,000.
Buy-to-let Opportunities
There are some exciting residential properties going under the hammer in March which would be ideal for anyone looking for a buy-to-let investment or something to do up and move into themselves.
On Crab Lane in Bilton, close to the Nidd Gorge, a traditional stone fronted terrace house with four bedrooms and accommodation extending over four floors will be listed at auction with a guide price of £160,000. The property is in need for modernisation but is in an excellent location just around the corner from Bilton Grange School and on a bus route.
A three bedroom semi detached house on Fairfax Avenue, Harrogate, just off Knaresborough Road, has previously been let out and is now available with a guide price of £145,000. Just down the road on Stonefall Avenue, a four bedroom stone fronted terrace will go to auction with a guide price of £220,000.
In Knaresborough, a three bedroom semi detached house on Barbondale Grove is being offered with a guide price of £170,000 and another on Holly Court, which has a large garden, has a guide price of £150,000. In Ripon, a self-contained one bedroom flat on Kirkgate with a guide price of £45,000 would make an ideal rental, right in the centre of town.
Detached Listed Country Residence
The March auction will feature an elegant five bedroom Grade II listed detached home in a popular village near Richmond, North Yorkshire with a large walled garden and cobbled driveway. With a guide price of £450,000 this is a superb opportunity for someone to purchase a family home full of character.
Unique detached residence on the river
A superb redevelopment opportunity presents itself in Wetherby town centre, fronting the River Wharfe, originally designed as a detached house now has a separate flat as well, ample parking and a garage.
Other properties include a terraced house with planning permission for development in Ripon, garages in Harrogate, a disused equestrian facility in Otley, a retirement home, a mixed use investment property and a former pub in Knaresborough with planning permission.
For an auction catalogue and to arrange a viewing of any of the properties listed call 01423 501211. The auction will be held on Thursday 5th March at 3pm at Pavilions of Harrogate. All welcome.