Auction opportunities - double digit yield

We all know that property auctions can be a great way of picking up a property bargain.  Allsop has just released it's latest auction catalogue so have a look.

We have already picked up this block of flats in Hounslow comprising of 29 flats and generating over £364,000 per year.  Expect to pitch your bids at around £5 million.

If your budget wont stretch to £5 million there is this 3 bedroom property in Hull with a guide price of £45-50k and generating a rent of £5,700 giving you a double digit rental yield.

Buy-to-let mortgages - finance my investment