Sutton Kersh offered 99 lots at their May auction, and after strong bidding from a packed auction, over 70 lots were sold, bringing in sales of over £4 million so far, with sale’s figures still rising.
A selection of three bedroom residential investment properties sold for a considerable amount more than the suggested guide price including lot 65, a three bed in L4 that sold for £20,000 more than expected. Also Lot 91, a mid terrace located in L14, which sold for £54,000, 35% more than the listed guide price.
There were a few lots that the Sutton Kersh auction team saw a lot of interest in
TWO homes in south ceredigion have sold for tens of thousands more than their guide price at a recent auction.
A pair of semi-detached dormer bungalows, converted into one large dwelling in Aberporth sold for £85,000 more than its starting guide price at a recent property auction.
Offering unrivalled coastal views and two external garages it had a guide price of £200,000 to £220,000 but at the fall of the hammer, it sold for £285,000.
Similarly, a semi-detached stone house in the popular village of Cilgerran, Cardigan sold for almost double its guide price.
Romans achieved its highest capital value sold at an auction so far this year, with a majority of the lots selling for significantly higher prices than their reserves.
A varied catalogue of interesting lots ensured that bidders experienced the busiest sales room of the year at the Green Park Conference Centre in Reading, with over 250 buyers packing the room. Fierce bidding resulted in most of the catalogue being sold, with several post-auction deals still to be done.
“This was the first auction we have held since the introduction of the ‘additional homes’ Stamp Duty tax in April, but demand
A home in Lanarkshire advertised for just £1 by Auction House Scotland, has been bought by an American living in Texas.
Computer programmer Ivan Cameron said he intended to hold a "Texas barbeque" to celebrate buying the run-down three-bedroom flat near Airdrie.
The top floor flat at Dervaig Gardens was described by the auction house as:
The property is comprised of entrance hallway, lounge, kitchen, vestibule, three bedrooms and family bathroom. There is also a shared balcony that can be accessed via the kitchen. The property requires significant upgrading throughout but offers huge
A marina complex on the Essex coast at Brightlingsea sold for £6.6m as the Acuitus May auction raised £56m with the sale of 69 properties.
The auction brought the total volume of assets sold by Acuitus at its first three sales of the year to £170m which is an increase of 50% compared to the same period in 2015. It is also the sixth auction in a row where total sales of more than £50m have been achieved.
Richard Auterac commented: “There is little evidence that our buyers are being influenced by the EU Referendum. Indeed a close analysis of the individual sale results suggests a significant
Success Rate: 93.33% - only 3 lots unsold Total Raised: £16,981,500 4 Lots located in London offered on behalf of Executors all sold well including the largest lot of the Auction - Mountfield Court, West Heath Road, Hampstead, a Freehold house arranged as 3 flats, which sold for £2,850,000 from a guide of £2,400,000. Auctioneer John Barnett had advised the family for over 50 years and was thrilled to have been instructed to handle the sale and by far the most popular Lot was a vacant mews house, also in West Heath Road, Hampstead which sold for £1,045,000 off a guide of £500,000, over double
The UK’s biggest property auctioneer says there’s growing evidence that an increasing number of buy-to-let landlords are choosing to sell by auction rather than via estate agents.
Auction House Founding Director Roger Lake says that the argument is swinging back to favour those selling such homes as tenanted investments rather than servicing notice to the tenant and selling them as vacant properties.
He explained: “The problem for the landlord is how to achieve the best sale price without losing too much rental income. Most estate agents tell their letting clients to decant their tenants
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 VALUATION via our PROPERTY ENQUIRY FORM.
Selling at auction also widens the potential market, not only will there be buyers who want to make it their home, there'll also be investors, developers and property dealers interested in buying. In many cases an auction could prove to be the best method for selling your property and not just a
I have an unusual property to show you today. How do you like the sound of a penthouse project property? Yup, you read that one right. It's a rather uncommon thing to come across, and that means it's a very unique opportunity for all of you. So, lets head for Middlesex and take a closer look to see what's on offer...
This fantastic property is a three bedroom eleventh floor penthouse apartment with wrap around balconies providing stunning London skyline views. As you will see if you check out the catalogue images, it's an older building and also a dated apartment that seems to have been
There’s a great selection of properties in desirable locations at Romans’ third auction of the year, including a superb building plot in Wooburn Green which can be viewed online via a drone tour! The auction takes place on Wednesday 18th May at the Green Park Conference Centre in Reading.
“We launched our innovative drone tour service last year focusing on traditional residential properties, and as far as we are aware, this is the first drone tour of an auction lot” comments Simon Clayton, Romans’ Auctions Director.
The plot of land is located at Paddock View on Rivers Edge just 2.5 miles
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