Many buy-to-let landlords will have one eye on Sutton Kersh’s summer auction in July which will feature a mixture of properties, including some attractive investment and development opportunities.
The Liverpool auction house has just released its latest auction catalogue offering more than 90 properties, including a number of pre-let residential investments and homes ideally suited to the buy-to-let market.
For example, Sutton Kersh has already received a lot of interest for a double fronted, 7-bedroom terrace property on Norwich Road, just minutes from Allerton Road, which is currently producing a rental income of £27,300pa.
The company has also seen particular interest in a two bedroom apartment in Liverpool’s fashionable and prestigious Georgian Quarter. This Canning Street property has a guide price of £135,000 and would be suitable for immediate occupation or investment purposes with a potential income of £10,000 plus per annum.
James Kersh, auction director, Sutton Kersh, said: “Whilst interest rates are low, property remains to be a popular investment. In particular, we have seen high yielding terrace houses being among the most in demand type of property with buyers at our auctions this year.”
The auction will take place on 14th July at the Crowne Plaza in Liverpool.