If you are the successful buyer of Weir Lodge, being offered in CLIVE EMSON's next auction on Tuesday 5th Feb, you may, on a winters day, sit by the banks of the Little Stour river and watch the Kingfishers dart in and out of the water catching fish.
Weir Lodge in Littlebourne, a lovely village about 4 miles East of the City of Canterbury, is an attractive early 20th Century detached three bedroom house with planning to extend and add a replacement garage.
The house is located adjacent to the race and wheel mechanism (now removed) and mill pond. Once extended it would create a larger ground
There is a lot to think about when buying any property at auction and auction conveyancing, let alone one with a short lease. The main reason why prices at auctions might seem low is likely to be because there is a problem with the property, and one of the most common problems is because the lease is short.
Conveyancing Solicitors often advise clients against purchases when the lease has less than 70 years left to run because it is difficult to get a mortgage on a property with a short lease. Of course, when you spot a bargain sometimes it is hard to resist. Not many people who go to an
A countryside barn conversion in the Derbyshire Dales is the dream property of many but it’s rare to find one which has not already been transformed.
Therefore, developers keen to create their own Grand Design are likely to be eager to secure a 17th-century Grade II listed stone barn in Bonsall when it goes under the hammer at SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Wednesday 13 February.
The two-storey barn, off High Street, Bonsall, Matlock, which has a guide price of £225,000+, has a garden and grass paddock, with the plot extending to 1.2 acres. Planning
The main advantage of buying a property at auction is that you avoid the lengthy process of buying a house in the traditional way. At auction, the process happens in a matter of minutes rather than months and when the hammer falls, you own the property.
The other many benefits of buying property at auction are listed below. If these don't convince you, nothing will!
Low prices
Auctions really do offer the chance to secure property at bargain prices. Thousands of properties are sold at auction in the UK every year - and many are hard to value, meaning they often sell at below market value. You
If you are buying, or have bought a residential lease, it will be for a specific period of time, which is known as the term of the lease. When that term comes to an end, the property goes back to the landlord.
Yes, that’s right, no matter how much you paid for your flat, if you are living in it when the lease expires, you will have to move out and the landlord takes over and doesn’t pay you anything for it!
In practice, it’s not nearly as bad as it sounds.
It’s very rare to buy a short lease (it’s unusual to buy a lease for less than 80 years for reasons we’ve explained in more detail below
Leading property auctioneer Auction House has reported increased sales for 2018 of 6.9%, raising a total of over £455m (£455,131,080) – a record amount in the 11 year history of the group.
Last year, Auction House sold 3,680 lots from almost 5,000 lots offered (4,971), representing a success rate of 74%.
Commenting on the latest figures, Auction House Founding Director Roger Lake said: “This is a remarkable result for 2018, especially against such a challenging background, with political uncertainty a significant and ever-present factor. It’s good to add yet another step to our market share
From an old bank to a former social club, competitive bidding brought great results for commercial properties in SDL Auctions Bigwood’s latest Birmingham auction.
The hammer came down at £330,000 for a former branch of the Santander Bank at 25 Market Place in Nuneaton, which had a guide price of £295,000+.
A mixed-use property that once hosted the Royal British Legion downstairs with accommodation above at 25 Station Road in Kings Heath, Birmingham sold for £415,000 from a guide price of £200,000+.
Another commercial property in Birmingham that sold well was a two-storey unit at 1722 Bristol
Leading land agent Aston Mead has hit out at the practice of local councils betting on the commercial property market, saying that they should spend the money building affordable homes on their own land instead.
Land & Planning Director Adam Hesse was speaking out after it was revealed that despite guidelines which are supposed to limit the practice, local authorities are still spending £100m every month buying retail centres, shops and offices, chasing returns to replace revenue lost in government cuts.
He said: “Not only is it an unnecessary risk to bet taxpayers money in this way, but the
This abandoned stone quarry, now filled with water, is thought to be 80ft deep, but its history goes far deeper.....
If you have ever dreamt of buying your own secret wild swimming retreat, now could be the time to take the plunge.
An abandoned quarry, now filled with water thought to be 80ft deep and hidden within an overgrown sanctuary for wildlife, is going to auction, offering a unique opportunity for any nature-loving outdoor swimmer or hard rock fan looking to invest.
Nestled within the parish of Constantine in Cornwall, Tresahor Praze Quarry was abandoned more than half a century ago
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