The second of our two online property auctions for March is due to take place in less than a week. The event will begin at 12 PM on Wednesday 26th March, with final bidding on individual lots beginning at 12 PM on Thursday 27th March.
Having achieved sales of more than £5.1 Million during our previous auction, we’re keen to build on our current momentum and make sure that our next online auction event is even better!
There are still a few properties available from our March 5th – 6th Auction. If you’re interested in securing one of the remaining lots or want to see the sale results, you can visit our previous auction page using the link below.
During our next auction, we’ll again offer a diverse selection of properties. This month’s lots include everything from family homes and apartments to commercial units and development plots.
With such a broad base of properties available, auctions are exciting events that consistently draw a diverse range of buyers from across the UK.
In recent months competition has heated up between first-time buyers and savvy property investors, with the exit of some landlords from the rental industry making more properties available for sale.
While some properties come to market as excellent first homes or future commercial lets, others are being sold as tenanted properties. These homes represent fantastic ‘turn-key’ opportunities for landlords looking to expand their portfolios quickly and start generating income immediately.
To learn more about the properties on offer during our March 26th – March 27th auction, simply visit our action page using the link below.
If you’re looking for a little further inspiration, we have a selection of auction properties here that represent a cross-section of the various exciting lots that will be up for sale this month.
Hollins Road, Macclesfield, Cheshire. Starting Bid – £79,000. Virtual viewing is available.
41 Hollins Road represents a unique opportunity to acquire a three-bedroom family home in a highly popular location at a low price.
Although the property needs refurbishment, its status as a commanding semi-detached house with a porch, hall, lounge, dining room, and kitchen makes it an ideal investment opportunity for the right buyer.
Two of the home’s double bedrooms and a bathroom are situated on the first floor, while the final double bedroom is located on the top floor – a great setup for a comfortable family home.
Coming to auction with vacant possession, 41 Hollins Road is ready for a buyer to begin work making a stunning home or rental property right away. Tenant-ready property rental values in the area are in the region of £1500 per month.
Find out more using the link below.
Apartment A-2-8 Great Northern Tower, 1 Watson Street. Starting Bid – £125,000. Tenanted property.
This tenanted one-bedroom apartment is located on the second floor of Manchester’s Great Northern Tower. The property features an open-plan living area with a kitchen, integrated appliances, a private balcony, and a spacious bedroom. Residents also benefit from a 24/7 concierge service.
Great Northern Tower is a 72-meter sloped residential development, set just off Deansgate, offering convenient access to St Peter’s Square and Spinningfields. The location provides an array of shops, bars, and restaurants, along with excellent transport links across the city and beyond.
The current tenancy commenced on 10th August 2024 on a 12-month rolling contract, reportedly achieving £1,175 per month. Further details regarding the assured shorthold tenancy (AST) can be found in the property’s legal pack, which can be accessed via the property listing.
Apartment A-2-8 Great Northern Tower
Poulton Street, Fleetwood. Starting Bid – £50,000. Mixed-use freehold property.
This mixed-use freehold property is set in a prominent position on Poulton Street, Fleetwood town centre. The property comprises a ground-floor retail unit with an adjoining garage and a self-contained three-bedroom flat with an additional loft room above, offering an excellent investment opportunity for business owners or buy-to-let landlords.
The ground floor consists of a retail space with shop frontage, storage, kitchen, and a garage, while the first floor features a three-bedroom flat with, a living area, bathroom and loft room. The first floor consists of three bedrooms and a bathroom with an additional loft
The property presents strong investment potential, with an estimated rental income of £1,450 per month (£17,400 per annum), broken down as £750 per month for the ground floor and £700 per month for the first-floor flat.
Further details and legal packs can be found on the listing page on the link below.
Land at, 17 Pickmere Road, Handforth. Starting Bid – £50,000. Planning application reference: 22/1397M.
This lot represents an excellent opportunity for developers – a corner plot with full planning permission granted for the construction of a three-bedroom end-of-terrace property. Located in the heart of Handforth, this well-positioned site sits within an established residential area and offers immediate development potential with no need to navigate the planning process.
The proposed scheme carries an estimated gross development value (GDV) of approximately £275,000 and a projected rental income of around £1,300 per calendar month, making it a strong contender for either build-to-sell or build-to-rent strategies. Recent nearby sales support the GDV, with three-bedroom terraced homes selling between £235,000 and £298,000.
Further details and legal packs can be found on the listing page on the link below.
Land at, 17 Pickmere Road, Handforth
If you are looking to sell your property at auction, speak to our auction experts today. Edward Mellor is a leading national property auction house and the only local organisation that combines auction, estate agency, and financial services under one roof.
It’s too late to submit your property for sale in our January auction, but there is still time to sell at our April 23rd – 24th Auction.
You can also find out when our upcoming property auctions will take place throughout the year by visiting our auction calendar.
If you would like to find out more about selling at auction or how to register to bid, please do not hesitate to contact the auction team on 0161 464 7903 or email [email protected].
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