152 property lots - the highest number of monthly entries in the history of Auction House London - are being sold in the capital on Wednesday 12 September 2018.
Two of the highlights at the sale include a two bedroom first floor apartment close to the shops and restaurants of Marylebone. There is just 7 years left to run on the 48 year long lease which is reflected in the price. Bidding on the flat will be starting at £150,000.
In Harlesden, another property which could prove a canny investment is a three bedroom mid terrace house in Tubbs Road which needs total refurbishment and structural
The vendor of a high-spec office building in Peterlee, County Durham has decided to risk the vagaries of the UK property market by placing his building at auction with NO RESERVE. That means the block built in 2006, with a potential rental value of £186,384 per annum, could be snapped up for just a few pounds, if nobody else bids.
“Our vendor has instructed us to sell this property with NO RESERVE because he is happy to let the market dictate the price they’re willing to pay,” said Toby Limbrick, Director of Network Auctions.
The modern block, which in a valuation report dated 13/10/17 states
A Grade II listed property in the idyllic rural Derbyshire countryside which dates back to Elizabethan times is one of the star lots in SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Thursday 13 September.
Wildersley in WIldersley Road in Belper is an attractive farmhouse which requires full renovation and comes with a wide range of outbuildings on a site of approximately two acres. It has a *guide price of £645,000+.
According to Robert Stone, senior valuer at SDL Auctions Graham Penny in Derby, it is one of the most attractive and alluring lots to be offered in a
One of Wigan’s landmark sites is set to go under the hammer with SDL Auctions North West at the AJ Bell Stadium on Wednesday 12 September.
Built in 1895, The Coaching Inn is a Victorian hotel located just a mile from Wigan town centre which has been family owned and run for over 30 years.
It is now being offered at auction as the family members that own it are retiring. It has a *guide price of £285,000+.
Andy Thompson, senior valuer at SDL Auctions North West, said: “This is a substantial property on a large plot. It currently operates as a hotel with 18 en-suite bedrooms and a restaurant
Selling property at one of our future auctions will be cost effective, simple, fast and stress free.
If you feel that this method of sale might be right for you, why not get the ball rolling and get in touch for a FREE PROPERTY VALUATION via our ENQUIRY FORM (click on the link to be directd to a short form for you to complete and submit so that one of our auction team can call you back).
If you’re looking for a speedy sale and certainty that a buyer won’t bail on you then auctions are a good way to go. Once the hammer falls the buyer has to put down a 10% deposit, then they have 28 days to
A Grade II listed pub in the heart of a quiet and popular rural Lincolnshire village will go under the hammer in the next SDL Auctions Graham Penny Nottingham auction.
The Royal Oak in Brookside, Scopwick, is currently trading but on completion of a sale will be available with vacant possession. It has a *guide price of £230,000+.
Nick Trow, commercial auction valuer at SDL Auctions Graham Penny, said: “This is an excellent opportunity to acquire a Grade II listed public house which is located approximately ten miles south of Lincoln in a quiet, rural area.
Bungalows are growing in popularity all the time, especially with an ageing population, but developers faced with rising land prices are under pressure to maximise the usage of every square foot.
That’s why when bungalows appear in the auction room, they are always a hot lot, according to Robert Stone, senior valuer at SDL Auctions Graham Penny.
The first hint of a slump in supply came in 2014 when, according to the National House Building Council, just 1 percent of new residential properties built were bungalows.
This is down from one in six properties in the 1980s. During the last two
A former grand Victorian residence was the star commercial lot sold in SDL Auctions Graham Penny’s Leicester auction which raised £2.4 million.
Ivydene in Earl Shilton has latterly been used as a 17 bedroomed care home but was previously sub-divided into apartments in the 1980s.
It attracted a lot of pre-auction attention as it has a number of potential uses, subject to planning permission, and there is currently a planning application in process for change of use back to its original residential status.
It sold for £400,000 and had a guide price of £400,000+.
Leading land agents Aston Mead have welcomed new government planning rules designed to speed up house building under a National Planning Policy Framework (NPPF).
The new policy announced last week by Housing Secretary James Brokenshire states that a council’s local plan for its overall development strategy will become invalid if house building dips below 75% of targets.
Aston Mead Land & Planning Director Charles Hesse said: “The new framework is certainly a step in the right direction because it puts pressure on councils to keep up with their house building targets over the long term. It’s
Auction House reported an impressive set of results for July, with 427 lots sold - up over 18% (18.2%) on the same month last year.
The group’s national success rate of 71.6% was ahead of the market and the total raised was a healthy £54.5 million (£54,525,440). The award-winning brand also sold its 2,000th property of the year one month earlier than in 2017 – an end of terrace former off-licence at 105-107 Norfolk Street in Cambridge, which was guided at £400,000-£450,000, but sold in the room for a staggering £795,000.
The cumulative picture for the year also underlines the group’s growth
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