Southampton's next property auction has some interesting lots!

The next round of auctions are upon us and Fox and Sons are holding theirs on the 26th of March. A couple of lots have caught the eye.

This modern 2 bed detached house is on at a guide of £145k plus. It is currently tenanted at £850 pcm and is well located in Portswood. It will be attractive to under and post grad students, people working in the area including both universities. Gross yield based on guide price is good at 7%. I feel it will go for more than guide.

The other lot of interest is this 2/3 bed semi-detached modern property which is discreetly located back from the roadside in the popular Inner Avenue area of Southampton. The property has good proximity to both the main Southampton University and Solent University. The property is also perfectly positioned to allow access to the centre of Southampton, with its excellent shopping, leisure and educational facilities. This property will appeal to students and professional alike. The property benefits from off road parking and a good sized rear garden making it suitable for families. It is currently tenanted at £795pcm which gives a gross yield of 6.36% based on guide price of £150k.

Both these properties are well located and will let well, clearly you will need to do your homework before bidding, if I can help in any way please drop me a line.