A large private residence in Kent is likely to be of interest to buyers in Clive Emson’s second auction of 2021.
Dating back to 1864, the family property at Rochester (lot 90) is guided freehold at £850-860,000.
The catalogue of 105 lots for the sale on 24 March, covering southern England, also has a variety of development sites with residential planning permission.
They include a former depot in a semi-rural village near Horley, Surrey (lot 53), with consent for 10 residential units and guided freehold at £750-800,000.
With planning for five houses, a freehold site on the Isle of Grain, Kent, is guided at £450-460,000 (lot 18) and a town centre freehold site for six flats in Maidstone (lot 51) is guided at £250-260,000.
A former village fire station near Dartford, Kent, is chalked for six flats and is guided freehold at £370-380,000 (lot 73). Read about in in KentOnline: https://www.kentonline.co.uk/dartford/news/fancy-owning-your-own-fire-station-243970/
Near junctions 7 and 8 of the M11 is infill land with consent for two houses near Bishop’s Stortford, Hertfordshire (lot 63); guide price £450,000-plus.
On the retail investment front is the Queen’s Arcade, a freehold shopping arcade with TV history, and with an estimated rental of £65,000 per annum, in Hastings, East Sussex (lot 32); guided at £325-350,000, retailers include a butcher, fishmonger and hairdresser.
Read the Daily Mail’s coverage on this: https://www.dailymail.co.uk/news/article-9355731/Arcade-John-Logie-Baird-demonstrated-TV-1924-goes-auction-325-000.html
Or the Argus in Brighton: https://www.theargus.co.uk/news/19155377.birthplace-television-hastings-auction/
A substantial former pub in Folkestone, The White Lion, is guided freehold at £480-500,000, with consent for conversion, extension and development (lot 94).
With a pub, letting rooms and a restaurant, The Swan Inn at Great Easton, Essex, is guided freehold at £325,000-plus (lot 97).
On the historic front, a four-bedroom house in Queenborough, Kent, dating from circa 1730 and built for Admiralty staff (lot 87), is guided freehold at £325,000-plus – “England Expects” Lord Nelson is believed to have stayed there.
Two historic barns in Faversham, Kent (lot 89), are guided freehold at £200,000-plus and have full residential planning permission and listed building consent.
In Crediton, Devon, a former health centre (lot 37) with additional land is guided freehold at £170-180,000.
Clive Emson, one of the UK’s top five property auctioneers, raised £17 million in its first auction of the year, with 80% of lots sold.
James Emson, Managing Director, said: “We had a strong start to the year and look forward to delivering equally good results for customers in our second auction of the year, with a diverse range of properties across southern England.
“The Chancellor’s Budget decision to extend the stamp duty holiday provides another boost to the housing market and we thank solicitors, who are exceptionally busy, for preparing legal packs with diligence and accuracy within our timescales – the packs provide vital legal information on which to make a bid.”
James added: “Our auctions give everyone an opportunity to bid – buyers and sellers are increasingly comfortable with the [online] process because of the lockdowns and this was borne out by industry figures for the UK auction market last year, which raised £3.3 billion in 2020, a drop of only 10% compared to 2019.”
Clive Emson received 3,080 requests for legal packs in the first auction, with 11,600 visits to its website on auction day and nearly 27,000 visits to the site over the bidding period.