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Sutton Kersh September Auction Sees £8.4 Million Pounds Worth Of Property Sold

There has been so much talk & concern over the UK property market in recent weeks, so the results from Liverpool Auction House, Sutton Kersh are definitely of interest.

The auction house saw £8.4 Million pounds worth of properties sold in their September Auction and once again hundreds of bidders registered for the online event. Associate Director of Sutton Kersh Auctions Cathy Holt commented ' We were confident in our ability to sell over 75% of the 96  Lots offered but to achieve over 85%* sales in these

UNCONDITIONAL AUCTIONS: Recently announced changes in the landscape of the auction market in the UK have prompted Auction House to reaffirm their commitment to the traditional, unconditional method of sale.

 

Auction House Managing Director Jeremy Prior said: “The fact is, unconditional auctions are in our DNA: it’s where we’ve always put our focus and it’s where we always will. Without doubt, they provide the best way of selling auction property in terms of both speed, and security of sale. It’s why buyers and sellers prefer them, and why we sell more properties via the unconditional method

Development site and bargain-priced homes across the East Midlands feature in Bond Wolfe’s September auction

A string of East Midlands properties are set to attract property investors and househunters alike when they go under the hammer at Bond Wolfe’s next sale on Thursday 15 September.

development site clarence street

Developers will be focusing on the sale of a key development site close to Leicester city centre, at 47 Clarence Street (picured), which is listed with a guide price* of £695,000+.

The site had secured planning permission for the construction of 47 student apartments, but this has now lapsed.

At the

Investors will have the chance to bid for a prime retail site in Bromsgrove in Bond Wolfe’s next auction on Thursday 15 September.

retail parade bond wolfe auction

The property at 6-8 Church Street includes a parade of two ground floor shops and a further part ground and first floor office in a prominent town centre location.

The combined properties, which are being offered jointly with agents GJS Dillon, extend to approximately 1,323 sq ft and are all fully let.

James Mattin, managing director agency at Bond Wolfe, said: “Church Street feeds off the High Street in Bromsgrove and has good parking nearby. It is in

Property auctions could benefit from tougher times in the property market, says Auction House

                                                                                                                                                          

The UK’s largest property auctioneer says the property auctions industry could end up benefiting from the forthcoming downturn in the property market, because it provides the quickest and simplest solution to sell unwanted property.

 

Jeremy Prior, Managing Director of Auction House UK said: “There’s no sense pretending otherwise: there are some

Another potential student accommodation site in Leicester is set to go under the hammer in Bond Wolfe’s next auction on Thursday 15 September.

leicester development site auction

 

The site at 47 Clarence Street was previously granted planning permission for the demolition of an existing building and development of 47 student flats in May 2017 but this has now lapsed.

 

The site is situated on the corner of Clarence Street, Lee Street and Hill Street, close to Leicester city. Other centres such as Nottingham, Derby and Coventry are about 27, 34 & 27 miles respectively whilst the national motorway network is accessible via

A marathon sale this month for Auction House London saw 91% of properties listed being sold, raising more than £30.5m (£30,505,500).

 

Auctioneer and Director of Auction House London, Andrew Binstock conducted the major part of the auction, personally being on the rostrum for 9 hours. The longest ever single sale by the team on Wednesday 3 August 2022, also had its highest number of lots sold by Auction House London in its history, with 157 of the 174 selling.

 

Andrew Binstock said, “Our August sale has been phenomenal and good lots with potential are still selling wildly well. It’s too

Bond wolfe auction 49 Mount PleasantBack in the room! Bond Wolfe held its first in-room live auction for two years in the regular venue of the Holte Suite at Aston Villa, Birmingham, and attracted over 1,000 registered bidders online, in-room, telephone and proxy.

The sale featured properties and bidders from London, the North East, North West and across the Midlands, and bidders were also noted from the USA, South Africa and across Europe. 

Whether live or logged on, they saw 156 lots sold and over £26 million raised in sales.

Bond Wolfe offered 189 lots and sold 156 for a success rate of 83%, with the lead up to the auction

Bond Wolfe is reverting to livestreamed auctions after research revealed the mass majority of bids remained online during its first return to in-room auctions.

Bond Wolfe Gurpreet Bassi

The top property auctioneer’s decision came after more than 95% of bids were made online, by phone or proxy at its auction at Villa Park on 21 July, despite hundreds of people attending in person.

 

Gurpreet Bassi, chief executive of Bond Wolfe, said: “We were really excited to return to Villa Park after receiving lots of feedback from buyers and sellers that there was demand to return to an in-room auction.

 

“However, while it

An industrial asset in Surrey sold for £3.92m under the hammer as Acuitus raised £28.76m at its latest commercial property auction with the sale of 86% of the properties offered.

The freehold of the 43,154-sq ft Hoppings Timber Yard in Lingfield in east Surrey is let on a new 15-year lease at a current annual rent of £275,000. The purchase price reflected a net initial yield of 6.5%.

Acuitus Director Charlie Powter comments: “With a new long lease in place to a good covenant, this 3.78-acre property with low site coverage of 26% also offers the potential for longer term asset management or