£1.4 MILLION PLYMOUTH PROPERTIES UP FOR AUCTION
Five major residential and commercial properties are up for auction in Plymouth, with an estimated price tag of £1.4 million.
Scott Gray runs his own successful company, 247 Property Auctions, and works with some of Britain’s leading estate agents.
(Guide price £150,000)
The shopping list of Plymouth properties under the hammer includes a deceptively spacious two-storey (freehold) retail shop in the town centre’s Mayflower Street that was a hair and beauty salon for 16 years and offers an ideal investment opportunity for both business/owner-occupiers, potential letting landlords, or buyers looking at alternative schemes and uses, all subject to the necessary planning consents, said Mr Gray.
(Guide price £140,000)
In Beaumont Road, a two-storey, mid-terrace, mixed residential property that comprises a retail unit on the ground floor and an independently accessed first-floor flat that will appeal to investors and landlords alike on the lookout for oven-ready yielding investments, he said.
(Guide Price £475,000)
On the other side of the city, there are three other fantastic investment opportunities, says Mr Scott. “Units 1 and 2, at a prominent position in the Ridgeway, Plympton, and a substantial two-storey commercial property that was briefly two ground-floor retail units with spacious first-floor ancillary spaces.”
“Potential buyers may envisage future conversion of the upper floor into residential accommodation or, once again, alternative uses and schemes,” he said.
One of the city’s biggest farmhouse estates in Wixenford, at Coledown Hill, between Plympton and Plymstock, is being divided into two auctioneer’s sales.
The huge estate is considered one of Plymouth’s industrial and business gems, and has been owned by the same family for generations, who are now looking to sell.
The first lot is the Grade II listed farmhouse that could be turned into plush flats with three floors and ‘informal permission’ to create an outside garden with a price guide of £375,000.
The second lot for sale is many business units, which can be refurbished with lock-ups, stores, and workshops, along with a range of period barns and outbuildings, with a guide price of £275,000.
Mr Gray, said: “The Wixenford Farm estate sales are in two areas of the city that are seeing a transformation in their long-term development plans, and fantastic opportunities for buyers and investors.”
“Plymouth is an amazing treasure trove of properties, and I’m always on the lookout for commercial, agricultural, industrial, and amenity plots to sell,” said Mr Gray.
For nearly four years, 247 Property Auctions has sold properties worth more than £35 million from across the South West region and UK, and is one of the country’s leading online streaming auctioneers.
Anyone looking for more information on the five Plymouth properties up for sale can view on the 247 Property Auctions website: www.247propertyauctions.co.uk/lots-for-sale or contact Scott Gray directly: scott@247propertyauctions.co.uk