Blogs

Just a quick note to wish everyone a WONDERFUL Christmas holiday.

Auctions recommence from the end of January, so we look forward to sharing lots more new properties next year!

Off to do some last minute present wrapping... :)

An historic church and its neighbouring church hall were two of the notable sales in SDL Auctions Graham Penny’s latest auction in Derby on 15 December.

The Church Hall fronting Market Street in Swadlincote sold for £81,000, from a *guide price of £40,000+, while the adjoining Methodist Church on West Street, which dates back to the reign of King George III, saw the hammer come down at £56,500 from a guide price of £40,000+.

Meanwhile, a former Frankie & Benny’s restaurant at 39 Cornmarket in Derby city centre sold on its guide price of £350,000, while a corner shop with accommodation above

The final Cheffins property auction of the year saw development and investment lots sell for premium prices on Wednesday 6th December. Hosted at the firm’s salerooms in Cambridge, the sale grossed over £2.75m across eleven lots including land, investment opportunities and residential homes.

The highest price on the day was £890,000 paid for the Colourbox Montessori Nursery on Haverhill Research Park which offered a rental income of £61,065 per annum. Making in excess of £100,000 over its estimate of £750,000, the property offers the investor buyer a final gross yield of 6.8%. The modern

More than £19m has been raised by SDL Auctions Graham Penny in its Nottingham property auctions across 2017 – up by £1.5m on 2016.

The impressive revenues, raised from seven auctions held at Nottingham Racecourse during the last 12 months, are higher than any competing auction business in the city.

The latest auction on Thursday 7 December saw what was possibly one of the biggest semi-detached properties in Nottingham sell for £273,000, from a *guide price of £160,000+.

Strong bidding for the property at 1 Alexandra Gardens in Carrington was driven by the fact that it had seven bedrooms across

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