£4m of property up for grabs in last auction of 2019

One of the lots up for grabs

Auction house, Smith and Sons, has announced details of its latest property auction with more than £4m prime Merseyside-based property available.

The final property auction sale of 2019 will offer 22 lots for sale.

Already of interest are houses in need of refurbishment, residential building land and high-yielding investments.

A detached house at Farr Hall Drive in Heswall, guided at £550,000-£600,000, enjoys extensive views over the Dee Estuary and has planning either for extension to the existing building or for demolition and a complete rebuild of an executive detached house.

Also of interest to developers will be farm land in Bidston Village where there are substantial sandstone barns with permission to convert to six large houses.

There is also additional land for future development subject to obtaining planning permission.

A single building plot in Gallopers Lane, Thingwall, has planning for one detached four-bedroomed home offered at a guide price of £90,000-£110,000.

Chris Johnson, auctioneer at Smith and Sons, said: “There are some fairly chunky sites and properties available for those with higher budgets.

“Each presents a fantastic opportunity to either develop or build, realising potentially strong returns on any investment.”

A substantial five-bedroomed detached property in Hoylake is ripe for upgrade or conversion and is guided at £280,000-£310,000, while a farmhouse at Church Farm, Bidston Village, offers a magnificent five-bedroomed home, together with separate annexe suitable for a dependant relative or home office.

Chris added: “These two properties would make superb family homes following upgrading and modernisation and are offered at a very attractive guide.”

There are also a number of smaller houses for refurbishment throughout Wirral and Liverpool offering potential to refurbish and sell on or create good investment yields.

Similarly, a bungalow in Laburnam Grove, Irby, occupies larger than average gardens offering potential to extend to substantially increase the level and quality of accommodation while a three-bedroomed detached bungalow in Neston is in need of some general upgrading and decoration, but is realistically guided at £245,000-£260,000.

Chris said: “There really is something for everyone at this auction. We’ve already begun viewings and are anticipating strong interest and high levels of activity through November, during the build-up to the auction at the beginning of December.”

The auction will be held on December 4, at 2pm at the Village Hotel in Bromborough.