A London apartment is under the hammer later this month, with what would appear to be a bargain guide price of just £900,000. However, the property has just three and a half years left on the lease, with only a 20 year extension available, costing an additional £4.6m.
The property, 90F Eaton Square, Belgravia, has almost 3400 sq ft of living space and comprises a six bedroom ground floor apartment. Nearby transport links are provided by Sloane Square underground station and London Victoria railway station.
Auction House London Auctioneer Andrew Binstock, who is handling the sale said: “This
As of today the Right to Rent scheme came into play across the whole of England. Any landlords housing tenants that do not supply valid documents to satisfy the requirements of the Immigration Act 2014 now face up to £3,000 worth of fines per person.
Michael Cook (MARLA), Managing Director of Romans Lettings, comments:
Right to Rent has been introduced as part of the government’s reforms to build a fairer and more effective immigration system, and unfortunately, it’s the private landlords that are most at risk of facing the fines.
All private landlords or their agents - including those
Sales of more than £27m saw Sheffield’s Mark Jenkinson and Son record the best auction results in the whole of Yorkshire and the Humber for 2015.
Mark Jenkinson and Son, which has offices in Sheffield and Chesterfield, beat off competition from more than 20 other individual auctioneers across the region with sales totalling £7.5m more than the auctioneer ranked in second place.
In total £5.25m of property was sold during the record auction for the firm, while 91% of its lots were sold.
The city centre based practice is nationally renowned for being the region’s most successful firm of
Auctioneers are predicting the next few months will see a spike in auction sales as pending stamp duty changes fuel purchases.
Liverpool based Sutton Kersh has seen a record level of instructions for their February auction, with more than 170 lots on sale and they are predicting bidding to be fierce.
Cathy Holt, recently promoted to Associate Director at Sutton Kersh, said: "With stamp duty set to rise by 3% on buy to let purchases in April, we are seeing a rush of lots coming to market and a spike in interest, with purchasers looking to complete deals before the changes come into effect."
CPBigwood picked up a silver medal at the Estate Agency Of The Year Awards and bronze in the Negotiator Awards 2015.
It is awards season for the film industry, and for the property business too, with CPBigwood winning two accolades.
The agency, which has branches in Birmingham and Stratford-upon-Avon, picked up a silver medal at the Estate Agency Of The Year Awards and bronze in the Negotiator Awards 2015, both for the performance of its auction division.
More than 650 leading property professionals from throughout the UK attended the ceremony at the Lancaster London Hotel, with the winners
Selling property at one of our future auctions will be 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.
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 last resort.
Derbyshire based property auctioneers, Graham Penny Auctions, is looking to continue the momentum from last year ever by inviting entries for its first auction of 2016.
The auction, being held on 24th Feb at the iPro Stadium, is the first of seven to be held in the city this year.
Auctioneer Graham Penny said: "Now is an excellent time to sell by auction for many reasons. Anyone who owns a vacant house might want to sell it with us before the cold weather causes problems with the pipes and leaves a big plumbing bill. Or maybe landlords might have one or two properties to dispose of which will
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
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