A range of land, commercial and residential properties across Coventry, Warwickshire and Leicestershire are set to go under the hammer at the upcoming Auction House Midlands auction on 8th December.
The auction, which is hosted by the UK’s largest residential and commercial property auction company Auction House operating as Auction House Loveitts Coventry and Warwickshire, features a number of exciting investment and residential opportunities for those looking to move home, take their first steps on the property ladder, or even to invest in to earn some extra revenue.
From a unique retail unit opportunity to a piece of farmland with planning permission for the conversion of its two barns into residential properties, there is truly something for everyone at the upcoming auction which is set to take place at Walsall Football Club’s at Bescot Stadium.
Located in the attractive village of Bulkington, Warwickshire, the 0.4-acre farmland that comes with planning permission for the erection of two residential properties is tipped to be a hot lot on the night and among others, is set to be subject to a fierce bidding war at the auction.
The land, which possesses a guide price of between £370,000 and £400,000 is also adjoined by gardens and amenity areas and is surrounded by picturesque countryside.
Another lot which is expected to attract significant interest on the day is a one-bedroom, top floor leasehold apartment situated close to the market town of Rugby in Bilton, Warwickshire which has approximately 133 years remaining.
The apartment, which is well presented and ready for occupancy and comes with a guide price of between £105,000 and £115,000, acts as either an ideal first home or an investment opportunity.
Comprising of 18 flats within three properties in Coundon, Coventry, a freehold ground rent investment opportunity is also available on the day for a guide price of between £8,000 and £10,000.
A further two properties are also tipped to picks of the bunch at the December auction.
Situated within the charming countryside village of Swinford, close to the market town of Lutterworth, the auction will also feature a 3-bedroom semi-detached property which provides an ideal residential opportunity.
With a guide price of £200,000, the South-Leicestershire based property requires some minor improvements throughout and features a rear and front-facing garden, is extended to the rear and contains an open plan kitchen/dining room.
Perhaps the most unique lot to be auctioned on the day is a retail unit with a two-storey flat situated above as well as a basement that can either be used as a workshop or for storage.
Located in Coventry, West Midlands the property would require modernisation and improvements throughout but comes with a rock-bottom guide price of between £160,000 and £180,000.
Sally Smith, Director and Auctioneer at Loveitts commented: “Once again there is a vast range of exciting investment and residential opportunities in this latest Auction House auction and we are confident that the day will attract significant interest from budding home buyers and investors alike.
“The sheer range on offer means there is truly something for everyone, regardless of whether they are a first-time buyer, a seasoned investor or even a developer looking to add to their portfolio.
“While these lots are tipped to be highly sought after on the day, there is also several exciting lots up for grabs that will no doubt catch the eye therefore we urge potential bidders to not miss out.”
The auction will take place at Walsall Football Club, Bescot Stadium, Walsall, WS1 4SA commencing at 11 a.m.
Attendees either can bid in person at the auction or register for telephone, proxy or internet bidding online.
The event will also be streamed live.
For further details on these or other properties up for grabs, or to watch the live stream, log on to www.loveitts.co.uk.
