Blogs

The historic site of the former Pentre Barracks in Rhondda has been sold at auction for a second time in less than a year, with the winning phone bid of £185,000 far exceeding the initial guide price of £135,000. ]

The property, accessed across a single track railway line,  includes an array of accommodation including a caretaker’s, various dormitories, garages, drill hall, former armoury, four single storey buildings which includes a classroom,  rifle range and storage unit.

Paul Fosh of Paul Fosh Auctions, the auctioneers who sold off the site to a private buyer, said “The barracks would be

Acuitus recorded its biggest auction result of the year as the sale of 83% of the lots offered at its July sale raised £52.4m. Of the 67 lots sold, a total of 16 achieved prices of more than £1m with highly reversionary short-leasehold investment in London’s Bloomsbury selling for £4.67m. Let to University College London until 2028 at a current rent of £528,175 and with a rent review in 2022, the Engineering Faculty building on Gower Street sold to a UK institution in the auction room.

Investors showed an appetite for a wide range of assets throughout the UK. A multi-let office building in

Leading land broker Aston Mead Land & Planning has welcomed the announcement from the Government that councils in wealthy rural areas will be forced to increase their housing targets.

Communities Secretary Sajid Javid announced last week that some of the most sought-after parts of the country will be the specified location for additional new homes, to help tackle the housing crisis.

Director Charles Hesse said; “It’s only fair that communities that have benefited from rising property prices now play their part in solving the housing shortage. These parts of the country are sought-after for

A long list of desirable properties with guide prices* ranging from £25,000+ to £345,000+ is set to create a busy day at SDL Auctions Graham Penny’s auction in Derby later this month.

The wide choice of lots appearing at the auction at Pride Park Stadium on Wednesday 26 July include a one-bedroomed, ground floor apartment in the popular village of Riddings, near the historic Derbyshire market town of Alfreton, with a guide price of £25,000+.

Flat 1 in Rockmay House, Market Place, Riddings is well-maintained and pleasantly situated in a conservation area, with a potential rental income of £4

As the recently arrived London Waterloo train pulled out of Sherborne railway station at 12:32 on 30th June, people rushed off the platform towards the Digby Hall to make sure they found a seat at the Symonds & Sampson’s property auction.

The lots on offer were in Dorset, Somerset and Wiltshire and attracted regional buyers, as well as a telephone bidder from Spain, but it was London buyers who pushed prices up. Several of these had been introduced to the auctioneers at their many trips to the capital and in particular the London and Country Property Show held at Chelsea Old Town Hall in May

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).

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 complete the sale.

Selling at auction also widens the potential market, not only will there be buyers who want to

Cheffins second property auction of this year saw 17 lots auctioned on Wednesday 21st June at the firm’s salerooms in Cambridge with a total realisation of over £2.5m. With a sale rate of 76 per cent and a number of lots achieving prices well over their guides, it was a good indicator of the continued confidence in the East Anglian property market.

For city centre property, 8 Radegund Road in Cambridge, a substantial semi-detached property with five bedrooms, achieved £655,000, £155,000 over its original guide price of £500,000. Similarly, a third floor apartment with two bedrooms in

Leicestershire property buyers are definitely warming to the benefits of buying at auction, if the results of SDL Auction Graham Penny’s latest auction are anything to go by.

The auction at King Power Stadium, Leicester, on Friday 23 June saw more than £2.5 million raised with 20 lots offered.

This was the third auction SDL Auctions Graham Penny has held in Leicester this year and the third increase recorded.

Previous auctions in February and April raised more than £1.3 million and £2 million respectively.

The auction got off to a good start when Lot 1, 112 Wilberforce Road, Leicester, sold

High numbers of viewings, a busy auction room and competitive bidding saw several properties sell for more than their guide prices* at the latest SDL Auctions Cheshire and North Wales auction this week.

The biggest sale at the auction at Chester Racecourse on Tuesday 27th June saw a link detached, three-bedroomed house at 10 Wakefield Road in Great Sutton, Ellesmere Port sell for £171,500 – 23% above its guide price of £140,000+.

Other substantial auctions included The Coach & Horses in Flint Mountain, Flintshire which sold for £150,000 from a guide price of £125,000+, and a block of

A rare chance to buy a courtyard of popular shops in the historical Peak District town of Matlock is coming up at SDL Auctions Graham Penny’s auction in Derby this month.

The imposing, stone-built premises occupy a prominent corner position in at Bridge View, 2 Dale Road and will appear at the auction at Pride Park Stadium on Wednesday 26 July with a guide price of £500,000+.

The lot of seven shops and offices currently produce income of £51,594 a year and include a café, antiques shop, hairdressers, book shop, estate agents, tattoo shop and glass company.

Robert Stone, senior valuer at SDL