Auction Time – upcoming investment opportunities in Manchester

This month a pair of investment opportunities are scheduled to go under the hammer for a bidding war.

The two properties are situated in Bolton, Greater Manchester while the auction will take place at Walsall Football Club, Bescot Stadium 8th December.

The auction will be hosted by the UK’s largest residential and commercial property auction company Auction operating as Loveitts Auction House Coventry and Warwickshire. 

 9 Kingsway in Kearsley

The property up for auction is at 9 Kingsway in Kearsley, Bolton. It is a  three-bed semi-detached property with an initial guide price of between £100,000 and £120,000. The property also comes with a rent payable of £6,000 per annum.

Rear and front-facing gardens plus a conservatory, gas central heating, and double-glazed windows are included.

27 Jubilee Street

The second property seeking a new investor is at 27 Jubilee Street.  It is a mid-terraced leasehold property with three bedrooms. The property also comes with a rent payable of £6,000 per annum.

Sally Smith, director, and Auctioneer at Loveitts commented: “These two properties based in Bolton, Greater Manchester act as fantastic investment opportunities either for a seasoned or first-time investors."

“While the auction will feature a number of exciting lots these two properties act as ideal investment opportunities given the promising rental yield each offer prospective buyers."

“As such, and given the interest already received in each so far, both are tipped to be subject of a fierce bidding war on the day, therefore we urge people to not miss out on this these two fantastic opportunities.”

Attendees either can bid in person at the auction or register for telephone, proxy or internet bidding online.