A ROW of houses in Holmfirth comes under the hammer at a property auction next month.
The four under-dwellings and four over-dwellings at Quarry Mount, Back Lane, will be offered at a guide price of £350,000-plus when Eddisons stages its next property auction in Leeds and Manchester.
Seven of the properties are let on a combination of assured shorthold tenancies and statutory protected tenancies and have the potential to generate gross annualised rental income of £33,396 when fully let.
Tony Webber, of Eddisons said the properties – in the heart of Summer Wine country – were likely to attract strong interest.
"These are unusual but well-presented properties enjoying a prime location in this popular town," he said.
"With all but one of the properties let, they should prove to be a very shrewd investment."
The bumper end-of-year catalogue contains 140 lots, all of which have been priced to sell.
They include a number of distressed sales on behalf of banks, finance companies, insolvency practitioners and mortgagees in possession as well as local authorities and public utilities.
Said Mr Webber: "The last auction of the year is always busy.
"Vendors are anxious not to be left with unwanted stock, which means buyers should find plenty of bargains. It’s a bit like the January sales, just earlier."
Other lots scheduled to come under the hammer include a former lock keeper’s house in Bradley.
The vacant four bedroom stone built detached property, which is in need of refurbishment, has views over the Huddersfield Broad Canal and is offered on the instructions of British Waterways at a guide price of £125,000-plus.
Meanwhile, a parcel of greenbelt land at Shelley is available at a guide price of £5,000-plus on the instructions of Yorkshire Water.
The two-day sale takes place from noon on December 3 at Leeds United Football Club, Elland Road, Leeds; and from 1pm on December 8 at The Fairways Lodge and Leisure Club, Prestwich, Manchester.
Proceeds for the last two-day sale held by Eddisons in Leeds and Manchester exceeded £5.25m. That compares with just over £4m for Eddisons’ last auction in September.