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Lot 51
84 High Street, Billingshurst, RH14 9QS
This property has been pushed to the 18th April auction Two previously approved planning applications for residential led schemes (please see planning) Previous two approved schemes include (1 retail units, 1 x two bed & 1 x four bed flat) & (1 retail unit & 5 x two bed flats) Current pending application for another residential led scheme comprising of 6 x one bed flats Asset management potential in letting out the current premise in it existing use The vendor has been approached by a prospective tenant for the property A former bank with use class E A private side road leading to a large rear car park / land 6 week completion No VAT
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Lot 52
Your Bid
£0
Hammer Price
£1,280,000
44 St Marks Rise, Hackney, London E8 2NL
Lapsed planning permission for 5 flats and 1 office space Lapsed planning for 4 x two beds, 1 x Studio and 1 office space Located in predominately residential area of St Mark's and close to the vibrant and popular area of Dalston Further development potential to increase the density of dwellings on site (subject to the requisite consents) Savills planning have prepared a planning report covering the potential of the site (please refer to the legal pack) 6 week completion
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Lot 53
141-145 Cannon Hill Lane, Raynes Park, London SW20 9BZ
Planning Permission granted for demolition of the existing building and the construction of new three storey mixed use building to provide 8 x residential apartments and Dental Surgery at ground floor level Planning pending for demolition of the existing building and the construction of new three storey plus mansard roof mixed use building to provide 9 x residential apartments and Dental Surgery at ground floor level - it is anticipated that this will be granted by completion (see legal pack). Currently comprises a dental practice and four flats Investment currently let at £79,900 pa
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Lot 54
72-78 Military Road, Colchester, CO1 2AN
This property has been pushed to the 18th April auction Planning consent for two new residential blocks, 55 units in total Comprising of 1 and 2 bedroom apartments The site also has the benefit of another planning consent for sheltered housing Site area extends to approximately 1.2 acres (0.5 hectares) Freehold with vacant possession Central Colchester location
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Lot 56
12 Firgrove Hill, Farnham, Surrey, GU9 8LQ
Mid terrace building arranged as a ground floor shop with three bed flat above Benefits from garage storage Also benefits from off-street parking at the front and rear for five vehicles. Conveniently located for Farnham Station Let at £31,680 per annum
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Lot 56A
Sir Robert Peel, 16 Hillingdon Street, Walworth, London SE17 3UF
Development potential to self contain the upper parts for residential use (subject to the requisite consents) Instant asset management potential in its current use Potential to be utilised for alternative uses (subject to the requisite consents) 4 rooms, domestic kitchen, Lounge and 2x Bathrooms in the upper 2 floors Benefits from a rear garden. In need of renovation 6 week completion
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Lot 58
Bede Island, Sage Road, Leicester, LE2 7ES
Investment let at £374,106 p.a. Investment let to the DMU University Comprising of 90 bedrooms Split across 15 x six bedroom houses Asset management potential to improve the passing income by self managing the assets and refurbishing the rooms (subject to the existing tenancy in place) Possible further development potential to convert back into houses or flats (subject to the requisite consents and existing lease) Close to the DMU (app. 0.4 miles), Hospital (app. 0.5 miles), Leicester Uni (app. 1.4 miles) and Leicester Rugby (app.0.6 miles) and Football stadiums (app. 0.4 miles)
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Lot 59
Brookside, Kedleston Street, Derby, DE1 3JY
A substantial block comprising 120 beds with associated communal and kitchen space Partially let investment at £301,156 p.a. (78 units let, 42 vacant) Instant asset management potential in letting out the vacant units and improving the rent Low capital value of £25,833 per bed At the end of 2022 the property was achieving £345,351 p.a. (105 units let, 15 vacant) Further development potential in developing/re-configuring the space into residential flats (subject to the requisite consents) Asset management potential in the property being let to non-student occupiers (subject to the requisite consents) In reasonable decorative order throughout
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Lot 60
41 - 45 Warner Street, Accrington, Lancashire BB5 1HN
Investment Let at £32,560 (currently one flat is vacant) 3 x Ground floor retail units. Tenants have been in occupation since 2010 (No 43) and 2014 (No 41 & 45) 2 x Two Bedroom Flats and 2 x One bedroom Flat 1 x Storage unit - Planning permission to convert the storage unit into a 1 bedroom flat Potential to improve the passing rent