A popular investment property with stunning views over Brixham harbour has been sold to a local buyer.
Newton Abbot commercial property specialists Charles Darrow handled the sale of the property on The Quay.
There was significant interest from investors from across the UK, however a local property investor snapped up the property with a pre-auction offer, paying in excess of the £220,000 guide price.
Charles Darrow sales negotiator James Sanders said: "Number 15 The Quay is an excellent example of the results which can be achieved at auction.
SDL Graham Penny, part of one of the UK’s largest auction networks – SDL Auctions, has hit the ground running in 2017 with a highly successful first Nottingham auction raising over £2m.
The auction, on Thursday 2nd February at Nottingham Racecourse, saw 35 residential property, commercial property, land and others offered under the hammer with 86 per cent selling and raising £2.4m for vendor clients.
Andrew Parker, auctioneer and managing director, commented: “We had a great auction in Nottingham this month. The auction room was the busiest we’ve seen it for several months leading to some
A Merseyside property auction house is set to appear on TV later this year.
BBC One’s Homes Under the Hammer came to Liverpool this month to film Sutton Kersh’s February property auction.
Sutton Kersh Associate Director Cathy Holt said: “We are delighted that Homes Under the Hammer filmed at one of our auctions. We had a great lot catalogue on the day they were shooting and the auction attendance was one of the largest we’ve seen!
“As well as a full auction house there were 40 proxy bids made over the telephone. The auction raised £4.3 million and over 80 properties were sold!”
Confidence returned to the auction market at Savills first auction of 2017 with 80% of properties sold and a combined value of over £60m.
After a turbulent end to 2016 this represents a comforting return to form and will hopefully continue throughout this year.
The demand for larger unbroken freeholds was apparent with a number of these selling in excess of £1m, particularly of note being Cintra House, SE19, which sold for £4.3m.
Vacant houses within London continue to be popular while the more stable long term investments of Regulated/Life Tenancies and Ground Rent Investments move from
A prominent and substantial building on Derby’s Market Place is set to go under the hammer this month with SDL Graham Penny with a *guide price of £650,000+.
The three storey property at 7 Market Place in Derby is the former NatWest bank premises comprises a basement, ground, first and second floor including a large former banking hall and is going under the hammer at Pride Park Stadium on Friday 24th February.
Ian Tudor, head of commercial auctions, commented: “The property has many traditional features together with associated offices, meeting rooms, storage facilities and a surfaced car
Romans first property auction of 2017 is set to be an interesting one with nearly a dozen lots on offer at Green Park Conference Centre, Reading.
The auction, taking place on 22nd February at 1:30pm, features an exciting selection of residential properties from across Berkshire, Buckinghamshire and West Sussex.
“Our auctions always attract a fantastic array of properties, this particular one includes several semi-detached houses; as well as some land with planning permission” comments Simon Clayton, Romans’ Auctions Director. “I’m expecting interest from both investors and owner occupiers, as
A new partnership deal means that Auction House London will now sell all future auction properties listed by Countrywide in the capital.
The collaboration means that lots due to have been sold at Countrywide’s next auction in the capital (originally scheduled for 14 February but since cancelled) will now be offered by Auction House London at its sale at the London Marriott Regents Park on 22 February.
Director and auctioneer Andrew Binstock said: “We’re delighted to announce that Auction House London is now the official auction room for Countrywide stock in the capital. Not only does
Hey folks, I've got a fantastic six bedroom property in Merseyside to show you today. It's big, it's beautiful, and it's even got a little secret for you too... But we'll come back to that curious feature a bit later on though, because this is a property that has a LOT to offer and plenty to look at too! It takes merely a glance at this substantial detached house to see that you're getting a very good amount of property for the price!
Starting with that striking exterior, I found myself instantly drawn in by the strong sense of symmetry, and you know instantly from those large and plentiful
Leading land agents Aston Mead have responded positively to this week’s government’s White Paper on housing – the biggest shake-up of housing policy in two generations.
In particular, the company approves of the requirement for councils to set aside land for thousands of homes, under new Government targets to allow large scale construction to take place.
Aston Mead Land & Planning Director Charles Hesse said: “For years we have been calling for a ‘standardised’ way of calculating the number of homes each local authority needs to build, to prevent councils ‘fudging’ figures on housing demand
The first Acuitus commercial property auction of 2017 on 16th February will offer 53 retail, office, industrial and leisure assets lots producing current total rental income approaching £4m.
Acuitus auctioneer, Richard Auterac, comments: "With just under half of the lots in the sale guided at prices above £1m, this catalogue demonstrates our continued commitment to bring investment-grade properties to the market from across the sectors."
Properties have been entered by major fund managers and investment funds including Wesleyan Assurance and St Johns Winchester Charity together with
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
