Auctions / Auctions

Trio of Falmouth Properties Star in our 13th December Auction catalogue

November 25 2022

Three connected freehold vacant properties in Falmouth, Cornwall to be sold as one lot with a guide price of £1.75m plus.

 

Our seventh and final catalogue of 2022 is now live, and we're rounding off the year with a strong range of commercial and residential properties across the UK. 

 

The sale features a range of commercial and residential properties from across the UK with prices ranging from £1,500 for a freehold ground rent investment in Manor Park to £1.75m for a trio of properties in Falmouth, Cornwall (Lots 20, 21 & 22).

 

The Falmouth properties are located within a conservation area and will be offered as one lot. Strettons Director and Auctioneer Andrew Brown comments: “The properties are set to attract the attention of local investors and developers. Comprising a detached terrace of three properties on a town centre site of 0.444 acres, the properties were last used as a hostel or hotel but have the potential for residential conversion or redevelopment, subject to obtaining the necessary consents.”

 

 

As with all Strettons auctions, the sale features a range of residential and commercial investment opportunities from across London. Commercial investments include Lot 1 and Lot 3, two freehold commercial investments in Walthamstow comprising a ground floor retail unit and flats above with a guide price of £500,000 plus and £675,000 plus respectively.

 

In Leyton, Lot 4, a shop and self-contained flat (sold on a long lease) on Lea Bridge Road has a guide price of £185,000 plus and in Tower Hamlets, Lot 29, a long leasehold commercial investment let at £30,000 p.a. is guided at £275,000 plus. 

 

Residential properties include Lot 2, a freehold vacant house for repair/modernisation in Harrow, Middlesex, with a guide price of £400,000 plus and Lot 28, a freehold vacant three-bedroom house in Walthamstow guided at £550,000 plus.

 

In Dudley, West Midlands, Lot 10, a freehold land development site comprising a block of four two-bedroom flats plus additional land with planning permission for six one-bedroom flats looks set to attract competitive bidding with a guide price of £260,000 plus.

 

Strettons’ December sale takes place on Tuesday 13th December at 12 noon. Further information and registration is available here and the full catalogue is available here.