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Mr. Miyagi

Paul Fosh Auctions

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Here is the links for the catalogue.

http://www.paulfoshauctions.com/documents/catalogue_010.pdf

This auction generally deals in the lower and of the market, but I do keep an eye on it to see what is selling at auction and what price is being achieved.

In this months catalogue I have noticed a lot of the properties listed, are listed with sitting tenants all paying around £90 per week. I can't say that this has been the case during previous auctions.

BTL landlords getting out??

Edited by Mr. Miyagi

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Link isn't opening for me. Do you mean places rented out on regulated tenancies?

One thing I have noticed in new auction catalogues is rubbish former council properties advertised with very high rental yields. Presume this is old pro benefit profiting landlords hoping to get out to the greater fools who haven't realised what will happen when benefit levels change

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Would you care to give us some indication of the yield?

I hope I'm not being idle.

It's just you seem to be up on this and I'm not.

For the church conversion (6 flats + maisonette)

Potential income when fully let £26,000 pa

Guide Price: £130,000+

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Link isn't opening for me. Do you mean places rented out on regulated tenancies?

One thing I have noticed in new auction catalogues is rubbish former council properties advertised with very high rental yields. Presume this is old pro benefit profiting landlords hoping to get out to the greater fools who haven't realised what will happen when benefit levels change

It's the rubbish parts of South Wales. 90ppw is a normal rent there for a two-up-two-down (in fact that's probably on the high side)

tim

Edited by tim123

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For the church conversion (6 flats + maisonette)

Potential income when fully let £26,000 pa

Guide Price: £130,000+

the income estimation s are always b*llocks imo

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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