This city centre grade 2 listed property sold for £105,000 above the auction price

Two attractive grade 2 listed Georgian properties were auctioned with a guide price of £650,000 and sold for £755,000.

Wednesday, 26th May 2021, 1:05 pm

The properties are numbers 100 and 102 Gell Street, which are merged to provide nine self-contained flats.

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Six of the flats are currently let producing £40,440 per annum with three available for refurbishment/re-letting.

The auction was held online by Mark Jenkinson which says the income when fully let is more than £60,000. The property was one of 27 lots sold in the online auction.

These properties on Gel Street went for £105,000 above the auction guide price.