https://www.thelandsite.co.uk/files/articles/4dd70e088de811eaba390afeec538f48/c1.jpeg 309

16.7% Yielding Auction Investment Offers Income From Day One

Posted by Connect UK Auctions on 9th November 2022 -

title

Investors purchase at auction for one of two main reasons.

1. Short-term investment. There is always a huge potential to add value to a property or land which has been purchased through an auction.
2. Long-term investment. The auction opportunity offers income from day one. Whether a residential or commercial property, the tenanted property offers income from the day of ownership.

When looking for tenanted property investors will seek the yield the lot will provide them. The rental yield is the annual rental income expressed as a percentage of the total property value. As a rule of thumb, between 6% and 8% is considered to be a reasonable level of rental yield, but different parts of the country can deliver significantly higher or lower returns.

So, a property with a yield of 16.7% would be deemed extremely attractive. 3 Boston Road, Holbeach, Spalding, Lincolnshire, PE12 7LR offers just this. A substantial, freehold, mixed-use premises. Fully Renovated. Ten-bedroom HMO, two commercial units, self-contained flat. Producing £66,116 rental income, combined, per annum. Gross yield, circa 17%.

That’s not all the property has to offer though, Currently, 3 HMO rooms, are vacant. Fully let, a further potential income of £18,000 per year is available bringing the yield to an eye-opening 21%!

Going under the hammer Tuesday 15th November with Connect UK Auctions you can visit the substantial opportunity, here.

Buying at auction is one of the fastest and most secure ways of purchasing property or land. When the gavel falls, contracts are exchanged immediately with completion set at a predetermined date, generally 28 days later. From this point on, the sale is legally binding and there is no fear of fall throughs or gazumping.

 

To find information, guides and property at auction on The Landsite Click Here

To find all other real estate services and property listings on The Landsite Click Here

 

 


Marc Goodwin

Connect UK Auctions are Nationwide Property and Land Auctioneers. Sell Property & Land Today | Exchange & Complete | Within 28 Days.

Link to Connect UK Auctions business profile

3rd July 2025
Pipeline Under Pressure
Government ambition vs market reality and developers cautiously optimistic for H2
Read more
3rd July 2025
Royal London Asset Management Property sells 149-151 Oxford Street for £63 million
Royal London Asset Management Property has completed the sale of 149-151 Oxford Street to a private investor for £63 million 
Read more
30th June 2025
How to Sell Your Shop Unit Faster: A Guide for High Street Property Owners
This guide will walk you through practical steps to help you sell your commercial property fast
Read more