A freehold residential investment in Walthamstow Village, East London, is expected to be one of the star attractions at Strettons’ September auction next week.
The vacant freehold three-storey property, which is located on Grove Road (pictured), comprises five self-contained flats – four two-bed and a one-bed – and has a guide price of £1,750,000 plus.
A freehold residential investment comprising 17 flats on Petherton Road in Highbury, North London, is also expected to be popular with bidders. The property, which has a guide price of £3,250,000 plus, is located opposite Canonbury overground station and currently produces £235,000 per annum, representing a 7.2% yield.
In Eastcote, a rectangular site that currently houses 19 garages is being sold with planning permission for the construction of four two-bedroom detached two-storey houses. The lot has a guide price of £550,000+.
Andrew Brown, auction director at Strettons, said: “We have a strong London and the South East focus for September’s sale with a broad mix of properties available. There are properties with significant potential to add value, so I am looking forward to seeing how they perform on the day.”
Strettons’ September sale will be live streamed on Thursday 12 September at 12 noon.
