Auc­tion flats with high yields

Yorkshire Post - Property - - PROPERTY NEWS -

ON­LINE BIDS: A pair of flats in Li­versedge, near Hud­der­s­field, are com­ing up for auc­tion with John Pye with tempt­ing guide prices. The prop­er­ties on Fourth Av­enue in­clude a large one-bed­room ground floor flat within a two storey build­ing. It has a guide price of £27,500 and is let for £375 pcm, which brings £4,500 per an­num, rep­re­sent­ing a gross yield of up to 16.36 per cent based on the guide price.” A two-bed­room, up­per floor flat within the same prop­erty will also be en­tered into the auc­tion with a guide price of £30,000. It should let for £400 pcm, which rep­re­sents a 15 per cent yield. The auc­tion is on­line on Jan­uary 30 and 31. www.john­pye.co.uk

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