The Prince Consort building on Ryde seafront, which is being offered for sale in Clive Emson's auction on 3rd May 2019 is a stunning building steeped in history, with its splendid lines and architectural features to say nothing of the heritage and connections to Queen Victoria.
Understandably unhappy that she was not, as a female, able to enter the Royal Yacht Squadron in Cowes, Queen Victoria and Albert the Prince Consort set about founding their own club, the Royal Victoria Yacht Club in Ryde. Prince Albert laid the foundation stone of the clubhouse, now known as the Prince Consort building
It was 'business as usual' despite Brexit and political uncertainty after lots totalling nearly £3m were sold at Mark Jenkinson and Son's April auction - making Yorkshire the second strongest performing region in the market so far this year.
A fire damaged-shop, former pub, and a student house were among the top sellers at the auction, seeing Yorkshire buck market trends. The region is the only area outside the South West to show such positive auction results for 2019 to date.
Adrian Little, Head of the Auction Department at Mark Jenkinson and Son, said: "So far this year we have held three
Auction House, the UK’s leading national and regional property auctioneer, has delivered its best ever first quarter sales in the 12 year history of the company.
The group sold 762 lots between January and March 2019 – up 5.5% on the previous year - at a success rate of 74.4%, and raising £87.9 million in the process.
Auction House Founding Director Roger Lake said: “These are remarkable figures for Auction House – particularly at a time when the industry is reporting a 10-15% drop in sales. Once again, Auction House continues to buck market trends, confound the critics, and exceed
Bond Wolfe Auctions, fresh from raising £16.7 million with a success rate of 90% in its first auction, has unveiled a trio of star properties that will go under the hammer on Thursday 9 May at Aston Villa FC.
44 Fitzroy Avenue in Harborne, Birmingham, is situated on one of the most popular roads in the area. It is a substantial four bedroomed family home and has previously been on the market at around £900,000.
The freehold property now requires improvement but Bond Wolfe Auctions consultant director Jonathan Hackett says it has huge development potential, subject to planning permission.
Buyers are continuing to pack into Auction House London sales, with last month’s auction being no exception (on Tues 26 March 2019).
77% of lots were sold by the end of the sale raising more than £12m (£12,401,500), with more deals expected to be completed by the end of this week (Friday 5 April 2019). Some of the bidding was intense, including bids for the sale of a two bedroom ground floor flat in Uxbridge, Middlesex. The hammer came down at £215,000, more than £100,000 from its starting guide price of £110,000. The property in Grangewood Court, Hillingdon Heath has a shared garden and needs
The April Acuitus commercial property auction raised £28m from the sale of 79% of the lots offered as buyers looked beyond the political deadlock surrounding the UK’s exit from the EU.
Auctioneer, Richard Auterac, commented: “Investors are drawn to commercial property predominantly for the sustained strength of its income return, and what we saw today was confidence in the sector to go on delivering that regardless of the short-term political situation.
“The demand for the largest lots in the sale – 40% of the assets sold achieved more than £1m – was reflected in the keenness of the yields
Refurbishment properties once again proved popular with bidders at the SDL Auctions Cheshire and North Wales auction at Chester Racecourse.
Investors and developer appreciated the opportunity to add value to terraced homes in particular.
One such property was a three bedroomed terrace with sea views in Wales. 19 Groesffordd, Greenfield, Holywell, Flintshire, was the first lot of the day, getting the bidding off to a good start by selling to a telephone bidder for £63,000 from a *guide price of £40,000+.
Situated in a quiet residential location close to local amenities and transport links, the
Bond Wolfe Auctions, the UK’s newest auction business, has won the contract to handle the disposal of Birmingham City Council’s surplus property and land assets.
The appointment will result in a number of lots being offered at auction with many already confirmed for the Thursday 9 May sale including a detached house in Fentham Road, Erdington, and a parcel of land in Runcorn Road, Sparkbrook.
There are a wide range of properties that the city council regularly disposes of, ranging from office blocks to former neighbourhood offices, and former educational facilities to development sites
The first property auction of 2019 saw an 82 per cent sale rate and strong prices achieved on Wednesday 13th March.
Barns with development potential saw some of the most active interest on the day, including a 17th century Grade II listed barn set in four acres in Great Yeldham, near Toppesfield, Essex, which sold for £160,000. Similarly, a detached agricultural barn offered in Fenstanton, near Cambridge, with planning permission for conversion into two large residential dwellings made £294,000.
Income-generating properties also were popular. The highest price achieved on the day was £435,000
SUTTON KERSH is challenging the notion of Brexit spelling bad news for business by posting record figures in 2019.
With a national stagnation in 2016 property sales, following the EU referendum, it’s no surprise that auction houses across the country were sceptical about how the deal or no deal decision would affect their business. Moving into most recent developments, a no-deal Brexit has once again created a degree of uncertainty in the industry.
Even with Brexit's decision looming, Sutton Kersh has again challenged the norm by experiencing record sales in their 2019 property auctions.