Two plots of land in Aylesbury put up for auction

Two small freehold parcels of land in Aylesbury are to be offered at an online auction.

Monday, 1st June 2020, 12:26 pm
Updated Monday, 1st June 2020, 12:28 pm
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They are situated at Bowmont Drive and Lodden Close and there might be alternative uses for them as long as all necessary consents are obtainable.

The lot is among 83 listed for sale by Clive Emson, the land and property aucitoneers, ahead of its next sale.

Clive Emson’s online auction is Wednesday, 17 June and is its largest online auction since the firm was established 31 years ago.

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James Emson, Managing Director, said: “Our June auction, once again being held solely online because of the restriction in place, is packed with interesting lots for discerning buyers with a long-term view beyond current economic events.

“For example, yields on rental income continue to be attractive because the UK base rate is at a historic low of 0.1% - some banks are paying as little as 0.01% on cash savings.

“Given these financial dynamics, and other factors which drive purchases, we saw buy-to-let investors and owner-occupiers acquire 70% of the 65 lots in our May sale, with post-auction offers still coming in.”