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Investment properties focus as inflation hedge

The Negotiator
Devon auction lot image

Lot 103 – 28 Kents Road, Torquay, Devon

 

Nearly 40 investment properties feature in Clive Emson’s May auction, as investors look to benefit from inflation-beating rental yields.

Blackheath auction lot image

Lot 88 -Ruthin Road, Blackheath

From the south east to London and to the far south-west, there’s a particular focus on buy-to-lets. Close to Westcombe Park railway station is a terraced three-bedroom house in Blackheath, London, with an estimate of £625- 650,000 and “for improvement”.

In the south east, a former care home in Sheerness, Kent, with planning consent for conversion into three houses, or sub-division into flats, is guided at £400-420,000. In Thurrock, Essex, a three-bedroom detached house has a £375,000-plus estimate.

Sheerness auciton lot

Lot 95 – Sheerness, Kent

Moving West, a former pub converted into nine flats near Portsmouth University campus and currently let at £51,000 pa is listed at £750,000-plus.

In the seaside resort of Bournemouth, a studio flat is guided at £55,000-65,000 and is let at £395 per calendar month. Generating £36,674 pa is an attractive Victorian villa comprising five flats and an office in Torquay, south Devon, with a guide price of £380,000.

Clive Emson, which works with a network of 850-plus estates agents, sold 80% of 132 lots in the March auction, raising £26m, with nearly 2,500 unique bidders. A company record was broken with a lot near the River Thames in Essex – the price was for just over £5.4m.

Portsmouth auction lot

Lot 79 – Quinnell Court, 2 Kent Street, Portsmouth

May 10, 2022

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