A 1930s semi-detached house has been priced at £500,000 at auction next month - even though it is 'severely fire damaged'.
The property, in Bounds Green, north London, has scaffolding outside and it is currently in a 'dangerous condition'.
Flames ripped through the three bedroom semi-detached home last March while a man was trapped inside. He was pulled to safety by two passers-by after they reportedly broke down the kitchen door to rescue him.
The boarded-up home requires 'complete modernisation' and a replacement roof. Viewings may not be possible due to its hazardous condition.
Sutton Kersh Auctions are starting the year as they mean to go on, with an impressive 4,566 properties sold from 2005-2015 raising over £234 Million Pounds.
Straight after Decembers auction Sutton Kersh were taking instructions for their next one which will be taking place at the Crowne Plaza in Liverpool City Centre on 11th February and looks set to be Merseyside’s largest property auction for over ten years!
Following on from the success for the last ten years, This year also looks set to be remarkable for Merseyside’s leading property auction house with an incredible 161 lots available so
Auction House has extended its lead as the UK’s number one auctioneer by selling a record 3,260 lots in 2015 – over 1,000 more (1,031) than their nearest rival.
In a year of contrasting fortunes in the auctions sector, the award winning auctioneer was one of only a few of the big players to show a marked increase in sales, with a 6.6% rise year on year, and ending 2015 having raised £430m.
Commenting on a record 12 months, Auction House Founding Director Roger Lake said: “This is a standout performance, demonstrating clear market leadership and a genuine preference for selling auction lots
Whether you’re a seasoned landlord or someone starting out to build a property portfolio, there are some things you’ve just got to do before making a bid on a property at auction. A key one is for both you and your solicitor to check the legal pack.
All the important legal documents you need to be aware of in relation to the property or land are in one handy pack for you to review before an auction.
The pack is put together by the vendor’s solicitor – so if you intend to sell at an auction this is something you will have to organise to be done in good time before the auction in which your
The first Acuitus auction will take place on February 11th at the Radisson Blu Portman Hotel, Portman Square, London W1 and already includes major instructions from investments funds.
Richard Auterac comments: “We expect the growing momentum of 2015 to continue well into 2016 and having reached a critical volume of transactions we expect our sales to attract wealth managers and IFA’s looking to place client’s funds into direct real estate investments.
Acuitus’s last auction demonstrated the continued growth in investor demand for commercial property which has been evident throughout 2015 with
Leading land agent Aston Mead says claims that housebuilders are ‘landbanking’ - deliberately sitting on plots of land without building on them - are a smokescreen for the UK’s broken planning system.
The company’s comments follow newspaper reports that developers currently possess enough land to create more than 600,000 new homes in Britain – a figure which is four times the total number of houses built in the country last year.
Aston Mead Land & Planning Director Adam Hesse said; “Why would houseuilders sit on land when we are in the throes of a building boom following the worst recession in
It's important that you view a property before you bid for it at auction. There are so many things to consider and often the most important questions are forgotten.
Ask the relevant questions by taking our helpful checklist with you on your viewing. It may also be useful to take along the property details supplied by the auctioneer to ensure that their information is accurate.
Also check the property for signs of subsidence and confirm that the exterior is in good condition especially the roof and drainage. Double check the boiler, electrics and plumbing in the property and make sure they are
If you're moving house, the first thing to do is finalise your moving date, and then you can start ticking things off your CHECKLIST. Use our guide below so you don't forget anything:
Four weeks before you move house:
Book a removals company as soon as possible. This will guarantee you get the date and the company you want. Keep in mind that weekend moves are likely to be more expensive.
Check your home contents insurance policy to see what cover you have regarding moving home. Your removal company may provide this if you are not covered.
The main advantage of buying a property at auction is that 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 market value. You
If you are wondering how to sell your home fast, but are uncertain of your options, selling a house at auction could be the choice for you. Selling a property at auction is one of the most secure forms of quick house sale there is.
You should consider going to auction if:
- You have a home that needs some work, and/or are happy to let it go at a below market value price.
- The property for sale by auction is unique / unusual, and would not sell well on the open market.
- You are simply looking for a quick, guaranteed no-nonsense sale.
Auctions are also an excellent way to sell a home that
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
