*BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. - STARTING BID £180,000*

A rare opportunity to acquire a fully let residential investment portfolio comprising four spacious two-bedroom flats, forming part of a detached block of apartments on Ainslie Street, conveniently positioned close to the town centre and local amenities.
The portfolio includes Flats 54, 54A, 54B and 56 Ainslie Street, all of which are currently let and producing immediate income. Flats 54A, 54B and 56 are let at £400 per calendar month, with Flat 54 achieving £475 per calendar month, providing a combined gross rental income of £20,100 per annum.

At the guide starting bid price of £180,000, the portfolio reflects a strong gross yield in the region of 11.1%, making this an attractive proposition for investors seeking both income and long-term growth. There is further potential to enhance returns through rental increases, subject to market conditions.

All four flats are well presented and extremely spacious, each offering two bedrooms with varying layouts. The apartments benefit from gas-fired central heating systems, generous room proportions and smart internal presentation throughout. All tenants are settled and have confirmed a desire to remain in occupation, ensuring continuity of income and reducing immediate management risk.
The building is a detached block of flats with communal parking located to the rear, a valuable feature for town-centre living. While the wider building contains additional apartments, only these four units are included in the sale, having been retained under the same investor ownership.

The portfolio is offered for sale by auction as a single lot with a starting bid price of £180,000 and represents a turnkey investment opportunity with an attractive yield profile and future rental growth potential.

Rooms

Ground Floor

Entrance Hall
With radiator and uPVC double glazed entrance door. Useful under stairs storage cupboard. Fitted air dehumidification unit.

Kitchen 3.11m x 2.37m
Partially tiled and fitted with a good range of wall and base units incorporating a sink unit with drainer and mixer tap. Gas point for cooker, "Worcester" gas central heating combination boiler. Radiator and uPVC double glazed window unit.

Living Room/Dining Area
5.64m maximum x 5.65m maximum - With radiator and two uPVC double glazed window units.

Bathroom
Panelled walls and fitted with an attractive two piece suite comprising panelled bath with shower over and a pedestal basin. Extractor. Radiator.

Separate W.C.
With low-flush w.c. Radiator and a hand basin.

Bedroom 1 4.78m x 2.73m
With radiator and uPVC double glazed window unit.

Bedroom 2 3.79m x 2.74m
With radiator and uPVC double glazed window unit.

54A

Ground Floor

Entrance Hall
With stairs to first floor.

First Floor

Kitchen-Diner 5.7m x 2.37m
Fitted with a good selection of wall and base units incorporating a sink unit with drainer and mixer tap and having gas point for cooker. Radiator and two uPVC double glazed window units. Gas fired central heating combination boiler.

Living Room 4.65m x 3.07m
With radiator and uPVC double glazed window unit. Currently dressed and utilised as a bedroom.

Bedroom 1 4.66m x 3.07m
With radiator and uPVC double glazed leaded window unit. Currently utilised as a living room.

Bedroom 2 4.66m x 2.4m
With radiator and uPVC double glazed window unit.

Bathroom
Fitted with a three piece suite comprising panelled bath (bath with shower over), pedestal basin and a low-flush w.c. Radiator and a uPVC double glazed window unit.

54B

Ground Floor

Entrance Hall

Kitchen-Diner 4.83m x 2.73m
Fitted with a selection of wall and base units incorporating a sink unit with drainer and mixer tap and having electric point for cooker and plumbing for washing machine. Radiator and uPVC double glazed window unit. Gas fired central heating boiler.

Living Room 3.88m x 2.82m
With radiator and uPVC double glazed window unit.

Bedroom 1 3.8m x 2.73m
With radiator and uPVC double glazed window unit.

Bedroom 2 3.64m x 2.73m
With radiator and uPVC double glazed window unit.

Bathroom
Partially tiled and fitted with a white three piece suite comprising panelled bath with mixer tap and shower attachment. Radiator and uPVC double glazed window unit.

Ground Floor

Entrance Hall
With uPVC double glazed entrance door.

Living Room 5.8m x 3.07m
With radiator and uPVC double glazed window unit.

Kitchen 3.2m x 2.38m
Partially tiled and fitted with a range of wall and base units incorporating a sink unit with drainer and mixer tap and having gas point for cooker and plumbing for washing machine. Gas fired central heating combination boiler. uPVC double glazed window unit. Opening to dining room.

Dining Room 2.42m x 2.42m
With radiator and uPVC double glazed leaded window unit.

Bedroom 1 2.91m x 2.73m
With radiator and two uPVC double glazed window units.

Bedroom 2 3.92m x 2.73m
With radiator and uPVC double glazed window unit.

Bathroom
Tiled and fitted with a white three piece suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and low-flush w.c. Radiator.

Parking
There is communal car parking in the car park to the rear of the property.

Tenure
Leasehold The owner of this property also has a share in the freehold ownership and this will be transferred on the sale. All interested parties are advised to make their own enquiries.

Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.

Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.

Council Tax Band A (Each Flat)
This information was obtained on the 10th February 2026 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti (truncated)

Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Mortgage Advice
Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)

2 bedroom semi-detached house for sale

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