SVA Property Auctions, Scotland’s independent property auction company, achieved 100% success for its November auction with all 7 lots sold, six of which were sold on the day, under the hammer.
Says Shaun Vigers, SVA director and auctioneer: “This was our final auction of 2022, a year in which we sold 44 out of 45 lots and raised almost £2.5 million. With multiple bidders registered for most of the lots, we were expecting to finish on a high and prepared for bidding to be intense and competitive. And on the day the virtual room certainly lived up to that expectation, featuring robust bidding
With the market showing tentative signs of stabilising in November, SDL Property Auctions hosted a mammoth November auction, where a catalogue of residential and commercial lots went under the hammer, with £14.6m being raised over the course of the month.
Particularly strong results were achieved across a range of commercial properties. In Sheffield, the Eckington Community Centre was offered for sale with a guide price of £75,000+ plus fees. Sitting on a site of approximately 2.6 acres, it offered great potential for redevelopment, subject to the appropriate planning consents being
An Edwardian former school building in Walsall with a guide price* of £1.275 million will be among the star lots appearing at Bond Wolfe’s next auction on Wednesday 14 December.
Most recently used as an Islamic boys’ school, the 1.33-acre site in Kent Street offers redevelopment potential for a wide variety of uses, including residential.
The Former Abu Bakr School has been empty since the school closed during the Covid pandemic and then moved to new premises in Queen Mary Street.
The property was previously part of the North Walsall Junior & Infants School, built in 1904.
A 16thcentury servant’s house built near the Royal town of Sutton Coldfield is appearing at Bond Wolfe’s next auction on Wednesday 14 December, with a guide price* of just £1.
The tall and narrow High Heath Cottage on Withy Hill Road, once known locally as “Mutton’s Castle”, is located between Moor Hall Hotel and Bassetts Pole.
Now Grade II-listed, the property is one of a number of stone houses of a kind not found anywhere else in England and was built by John Harman, who became Bishop Vesey, a keen local benefactor.
Bishop Vesey is said to have built more than 50 of these
Auction House sales soar 10% in most challenging market for 15 years – as stamp duty cuts are set to stay until 2025.
Auction House UK, the country’s largest property auctioneer, has sold a total of 3,369 lots so far this year – a full 10% above the figure achieved for the same period in 2021.
The group’s success rate has also remained steady at 80% for the year to date, with the total money raised for clients standing at over £534m (£534,017,610) – up on the £520m (£520,167,529) raised at this stage last year.
Auction House Managing Director Jeremy Prior said: “Despite uncertain
If you've typed in "auction my house" or "selling at a property auction" into a search engine, you might be looking for a speedy sale, coupled with the security that once the hammer has fallen and contracts are exchanged, the buyer is legally committed to the purchase.
A property auction can be a fantastic way to sell if you’re looking for a quick and secure, stress-free and transparent sale. If you have a property that you would like to sell at auction, we would love to hear from you.
All types of properties can be suitable for sale by auction in the UK. These
If the news of the last few months has left you wanting to sure up your safety, SDL Property Auctions have got the perfect property purchase for you.
Located in Louth in Lincolnshire, theNuclear Bunkeroffers one lucky buyer to acquire a piece of British war history. Constructed in the late 1950s, the site was originally designed to provide protection for three observers to survive a nuclear attack, with food and water provided for fourteen days. Within this time, they were expected to report on any nuclear bursts and report on the fall out of an attack.
Auction House London warns there are clear signs the property market is cooling off with the economic uncertainty.
Auctioneers at Auction House London say the number of bidders taking part in auctions has dropped fast over the last four months. At its recent sale (Wednesday 26 October 2022), the number of bidders was down by 300. Despite this change the sale was a success raising more than £26m (£26,050,000) with 80% of lots sold.
Sutton Kersh Auctions are celebrating their 20th anniversary this month and what a way to celebrate it with an auction selling over £6 million pounds worth of property.
This is the business's sixth auction of the year and has so far seen a total of 449 properties sold by Sutton Kersh Auctions.
Founder of Sutton Kersh Auctions, James Kersh, used to work in commercial property and spotted a huge gap in the market. He found himself becoming frustrated with the time it took for deals to exchange and was always fascinated by auctions because the transaction seemed much more transparent and
An unusual Grade II-listed commercial property in Tewkesbury town centre currently hosting a charity serving youth across Gloucestershire is at Bond Wolfe’s next auction on Thursday 27 October.
The four-story freehold investment at 152 High Street is noted by Historic England as a “lofty, narrow-frontage house” which is a “characteristic example of late 18th century refacing” on an earlier building.
The property, which has Flemish-bond brickwork, a nine-pane sash window and shaped gable with fluted keystone and cornice, comes with a guide price* of £168,000+.
