So if you're thinking about buying a property at auction then you'll find you avoid the lengthy process of buying a house in the traditional way. At auction, the process happens in a matter of minutes rather than months and when the hammer falls, you own the property.
The other many benefits of buying property at auction are listed below. If these don't convince you, nothing will!
Low prices
Auctions really do offer the chance to secure property at bargain prices. Thousands of properties are sold at auction in the UK every year - and many are hard to value, meaning they often sell at below
Today its off to Somerset to take a look at a fantastic fixer-upper. This 3 bedroom semi-detached cottage is an ideal project property for those owner occupiers looking for the opportunity to make their mark on a property and mould it to their own tastes and requirements. While this is clearly a nice little earner for the investors and those looking to refurb and resell, it's one that is great for those less experienced occupiers that want to take the leap into a project without ending up in over their heads. Even though we can't see every room in the catalogue images, what we can see looks to
So today, we're off to West Yorkshire to take a look at a fantastic newly constructed 4 bedroom family home. Built in natural stone this terrace property is both attractive and surprisingly spacious given its compact appearance from the front elevation. Arranged over 3 floors, this is a well laid out property with the benefit of a built in garage to the ground floor. It's actually not something I've seen very often, more commonly spotting a detached garage, or an in-built garage within a two storey house, so it certainly caught my eye to see the way this 3 storey property with garage has been
Savills Nottinghamshire February sale saw strong interest for both commercial and residential investment properties with some £1.5million raised to date in all sales pre, post and in auction.
Bob Crocker, auction manager and director at Savills Nottingham said: "The keen interest witnessed at this month's auction may be a reflection of the potential changes to stamp duty being considered by the Government for investment properties, with the confirmation of changes due to be made within the Chancellor's budget statement in March.
"It is taking these proposed changes into consideration that we
CPBigwood’s latest auction smashed all previous results boosted by the rush to beat the Government’s buy-to-let tax rise.
With a three per cent stamp duty surcharge coming into force on April 1, the Holte Suite at Aston Villa Football Club was packed.
Jonathan Hackett, head of auctions, said: “The level of interest from buyers wanting to get in before the deadline was very pronounced.
“The total sale was a staggering £17,569,500. It was just fantastic. There were well over 1,000 people in attendance with 800 prospective bidders registered, another record.”
If you're considering a house move and want to sell your property quickly, then auction might be right for you, if the price is right.
Selling property at auction is cost effective, simple, fast and stress free, so if you feel that this method of sale might be right for you, why not get the ball rolling and get in touch. We offer a free, no obligation appraisal to identify suitable properties and their worth, and if you decide to progress, then our auctioneers will advise you on everything that you need to know including setting the right reserve price, managing the viewings, and advising you
Romans’ first property auction of the year saw hundreds of buyers attend the Green Park Conference Centre in Reading to witness a catalogue of interesting and rare lots being sold.
“This was a terrific start to the year with 86% of the lots selling; a majority for significantly higher prices than their reserves” comments Simon Clayton, Romans’ Auctions Director.
Two of the most popular lots on the day were both in Reading; an attractive vacant Victorian terraced house on Wokingham Road sold for £61,000 above its guide price following a fierce bidding war, and another terraced property on
Innovative technology which turns any smart phone or tablet into an instant virtual tour filming kit is about to be launched in the UK.
Vieweet 360 combines a ‘fisheye’ lens and extending monopod with a revolutionary new App – all of which allows a virtual tour to be filmed, edited and shared with a potential buyer or tenant in a matter of minutes.
Vieweet co-founder Domenic Versace said: “Vieweet 360 is set to revolutionise the way property professionals create virtual tours. For the first time, they can get a complete virtual tour live online moments after the photographs have been taken
The site of a former police facility which now has planning permission for two new homes is expected to generate plenty of interest when it goes under the hammer.
The property in Ermine Street South, Papworth Everard, near Cambridge, has a guide price of £250,000, and will be auctioned at Cheffins Property Auction on Wednesday 2nd March.
The site was previously used by Cambridgeshire Constabulary as a police service facility. It currently features two single-storey brick buildings and a single garage.
South Cambridgeshire District Council granted outline planning permission to demolish all
In the latest remarkable deal from London's property market, a small garage in upmarket Chelsea has been sold for more than twice the price of an average UK home.
The garage, which has just 146 sq/ft of space, was put up for sale by Savills Auctions last week in London with a guide price of £180,000.
It has an electric 'up and over' metal door and a security bollard to stop someone breaking in and driving off in the car parked inside.
Due to the chronic shortage of parking in the Royal Borough of Kensington and Chelsea, it ended up selling to an online bidder for £360,000 - almost twice the
Moving Home
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