Spring in step with Clive Emson auction of 132 lots

Eleven lots with guide prices of between £500,000 and £950,000 are listed in Clive Emson’s spring auction.

They are among 132 lots being sold by the independent, which covers southern England, from Essex to Cornwall, and Wales.

James Emson, Managing Director, said: “Hot on the heels of our February auction, which saw 80% of 102 lots sold, buyers continue to look to property for long-term capital gains, income and as a hedge against the cash-corrosive effects of inflation.”

He added: “With spring in the air, there is a complete mixture to suit all budgets, whether bidders are looking for a home, an investment, refurbishment project, development project, commercial space or piece of land.”

Bidding for the online auction opens on Monday, 21 March, and ends on Wednesday, 23 March.

A former farmstead, with three cottages and various outbuildings at Chelwood Gate, near Haywards Heath, West Sussex, has a guide price of £900-950,000 (lot 14).

Two of the cottages are occupied under regulated tenancies, producing just over £18,000 per annum, and a third is offered with vacant possession.

With the same guide price, a large thatched cottage near Faversham, Kent, comes with outbuildings and a holiday let on around three acres (lot 80).

Currently let at £40,000 per annum is land close to the Dartford Crossing. Guided at £800,000-plus, the site at London Road, Purfleet, Grays, Essex, has been put on the market by Thurrock Council (lot 22).

At the same guide price, and with vacant possession, is a former hotel, restaurant and pub, with letting rooms, in Gravesend, Kent. The property was previously let at £46,800 per annum (lot 63).

Let at £131,326.20 per annum, a 34,444 sq ft building comprising offices, workshops and studio spaces at VIP House in St Leonards, East Sussex, is guided at £750-800,000 (lot 114).

Guided at £750,000-plus, and currently let at £48,000 per annum, is a commercial and residential investment, with planning for two further flats, at Abbey Wood, London (lot 37).

With the same guide price, a development site at the Esplanade, Ventnor, Isle of Wight, with views of the beach and English Channel, has planning permission for four town houses (lot 83).

At a guide price of £700-750,000, two shops and four flats in the heart of Newbury town, Berkshire, currently produce £53,100 per annum (lot 104).

For the first time in Clive Emson’s 33 years, a Welsh colliery building has come on the market – the derelict former Rhonda Power House at Llwynypia Road, Tonypandy, Mid Glamorgan, is guided at £55,000-plus (lot 28).

For those of us wanting bracing sea air, land with “stunning views” over the Atlantic and Portreath village on the northern Cornish coastline comes with a guide price of £45-50,000 (lot 31)

Derelict, the former St Pauls Church in Penzance, Cornwall, is guided at £200,000-plus and has planning approval for three dwellings (lot 25).