Blogs

The final Acuitus auction of the year saw the sale of 79% of the investments offered and realised £42m. The firm has now sold more than £300m of assets during 2017 – its second largest annual total.

Acuitus Chairman, Richard Auterac, commented: “Coming into this year – after the economic and political turbulence of 2016 – it was very hard to call how our market would fare. In the event, we have substantially broadened our seller base and been able to bring to auction the type of assets which meet the needs of the growing numbers of private investors targeting the commercial property sector.

“O

Auction House has become the only UK property auctioneer to sell over 3,000 lots under the hammer this year – a milestone it has now successfully passed every year since 2015.

This time, the 3,000th sale took place during Auction House Scotland’s 30th November sale in Glasgow, and was a one-bedroom ground floor flat in Apsely Street in the city, which was guided at £79,000, but sold for £84,500 (see image attached).

So far this year Auction House has sold 3,020 lots from 4,060 offered – a success rate of 74.38% - and raised over £372.5m (£372,502,473). The group has also recorded its biggest

An apartment just yards from Derby train station is one of an impressive choice of more than 60 lots in SDL Auctions Graham Penny’s last auction of the year on 15 December.

Apartment 10 in Amber House, Railway Terrace is a well-appointed studio apartment capable of producing rent of £5,400 a year, and has a *guide price of £46,000+.

The property is close to Derby city centre and has an allocated parking space in a communal area next to the driveway, located behind decorative wrought-iron electronic gates.

Robert Stone, senior valuer at SDL Auctions Graham Penny, said: “This studio apartment

If you're moving house, the first thing to do is finalise your moving date, and then you can start ticking things off your checklist. Use our guide below so you don?t forget anything:

Four weeks before you move house:

1. Book a removals company as soon as possible. This will guarantee you get the date and the company you want. Keep in mind that weekend moves are likely to be more expensive.
2. Check your home contents insurance policy to see what cover you have regarding moving home. Your removal company may provide this if you are not covered.
3. Arrange for parking of the removal van

Leading property auction network SDL Auctions Bigwood is helping to clear the air in Wolverhampton.

It has been instructed by the trustee in bankruptcy to auction two properties in Wolverhampton that have formerly been involved in the local drug trade. One contained a cannabis farm and the other was used for the supply of drugs.

Gurpreet Bassi, head of residential auctions at SDL Auctions Bigwood in Birmingham, said: “We are conscious that both of these properties have been the focus of significant disruption in the neighbourhood and so we are working to bring them back into lawful and

Have you ever dreamed of owning a residential property near to the lights and funfairs of Blackpool?

Now’s the chance to live that dream with three competitively priced flats going under the hammer in the next SDL Auctions North West auction in Manchester on 12 December.

Flat 2, Flat 5 and Flat 6 are all one bedroomed properties on the ground, first and second floors respectively on 40 Milton Street in Fleetwood – just eight miles up the Lancashire coast from Blackpool – and each one comes with a *guide price of £15,000+.

Andy Thompson, senior valuer at SDL Auctions North West, said: “These

A rare bungalow that could make an ideal investment for a serious developer will go under the hammer in the next SDL Auctions Graham Penny auction in Nottingham this Thursday (7th December).

The semi-detached dormer bungalow at 16 Barton Road in Long Eaton has been partly renovated and comes with a competitive *guide price of £59,000+.

The property currently has a spacious bedroom upstairs which could easily be converted into two bedrooms and an extra bathroom, subject to planning consent.

Vejay Pal, senior valuer at SDL Auctions Graham Penny, said: “Bungalows are becoming a rare commodity on

Leading land broker Aston Mead Land & Planning has hit back at a theory that landowners should be forced to sell potential building plots to councils at drastically reduced rates, in the event of compulsory purchase by the state.

Director Adam Hesse was responding to a suggestion made by the Editorial Director of Civitas, Daniel Bentley, who was putting forward an idea to “fix the broken housing market”, in The Daily Telegraph last week.

In the article, Mr Bentley writes: “In simple terms, councils would be allowed to purchase land that doesn’t currently have planning permission at something

Christie’s Estate Agents, partner agents with Network Auctions, have entered the First Church of Christ, Scientist, a freehold site of 0.32 acres occupying a prominent position on Cheam Road, Sutton, Surrey.

Guided at £750,000+ and set to go under the hammer on December 7th, the lot has drawn early interest from eager bidders. Located close to Sutton station the site comprises modern two-storey church buildings with a car park and landscaped grounds to the front, side and rear and offers development potential.

Being sold with vacant possession by order of the trustees, the site and buildings

Ten Manchester properties complete with tenants already paying healthy rents are going under the hammer in the next SDL Auctions North West auction at the AJ Bell Stadium on 12 December.

The houses in Moston, Harpurhey, Gorton, Openshaw and Newton Heath are all offering yields of around 9 per cent or more, based on their guide prices which start from £65,000+.

There are eight terraced properties with two bedrooms and two terraced properties with three bedrooms included in the auction catalogue, most of which are fitted with double glazing and gas central heating.

Andy Thompson, senior valuer