Which property sells at auction?

Which property sells at auction?

Whilst state agents operate the ‘bid-down’ private treaty conditional sales method, auctioneers use the ‘bid-up’ non-conditional approach to selling property.

Property types that typically benefit from the speed and certainty that the auction environment provides are:

•      Tenanted property – single AST, HMO and portfolios
•       Mixed use – commercial units with part residential
•       Development property – with or without planning consent
•       Development land – with or without planning consent
•       Amenity land – paddocks, woodland etc.
•       Ground rents – the freehold or leasehold of properties
•       Commercial – vacant or tenanted
•       Quick sale / forced sale – time pressured sales

If you have a property that you think fits the bill, and want to discuss the possibility of entering into one of our regional auctions, please give us a ring on 0845 0536906 or send your enquiry via our Property Form and one of our auctioneers will give you a ring to chat through your requirements further and provide a free, no obligation valuation of your property.

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