As it's a bank holiday, we'll be sharing some of our hot picks at auction, today AND tomorrow!
This first lot is a three storey 4 bed house in Hampshire, needing full refurbishment. Have to admit, despite being a fixer upper, it was actually the bold colours in the images on the auctioneers' site which caught my eye, and while that "look" will certainly not appeal to everyone, there’s bits here and there that I’d personally just freshen up and retain.
While that’s more cosmetics I’m commenting on really, and there are places you can see that some work will be required to bring it up to date
A pre-election lull in the property market has hit revenues at estate agent Foxtons, as potential housebuyers and sellers await the results of next week’s poll.
The upmarket chain made revenues of £33.1m between January and March, 3.1% lower than the first quarter of 2014 when the sales market was at its strongest since 2007.
Sales commissions were down nearly 12% at £15.5m while lettings held up with 5.4% growth to £15.9m, and mortgage broking rose 13.5% to £1.6m. Foxtons made adjusted earnings before interest, tax, depreciation and amortisation of £8.3m in the quarter.
Six luxury student pods in Manchester are set to go under the hammer in an online property auction.
The investment opportunity, brought by John Pye Property, is one from a lot of 30+ worth more than 3.4 million to go to auction this month.
Considered a 'hands off investment opportunity' the six rooms are available with a guide price of £120,000 and are located in Monty Hall, a three-story student accommodation block in Whalley Range.
Richard Reed, head of property at John Pye Property Auctions, said: "Manchester is a thriving city with a huge student population. Demand for luxury student
I have to admit that when I was sent the link to check this one out, with a comment that it " Looks like nothing from the outside. Inside you could do your dirty dancing / flashdance all over the studio then off to your STUNNING apartment to shower off! ", I was instantly intrigued.
Rightly enough, it's ideal for the movie buff to re-enact some of those classic and well known magical movie scenes... and I personally threw in Ghost as well since that was another movie that came to mind when checking out the pictures! But all joking aside, this is quite a remarkable mixed use property, and
Sutton Kersh, a Liverpool-based estate agent, generated proceeds of over £5m at its latest property auction and, with strong interest reported in stock still available, the final figure could reach £5.5m.
The sale at the Crowne Plaza hotel in Liverpool was the biggest single day sale in the city for almost two years and attracted a large attendance made up of investors, owner-occupiers and developers.
Highlights included a substantial three storey property on Croxteth Road in Liverpool which sold for £560,000, having been offered at a guide price of £400,000 plus on behalf of a housing
Selling a property by auction is easier than many people think, and the prices that we achieve are usually higher than expected too.
There is also no faster way of selling. The process can take as little as four weeks from instructing us through to an exchange of contract. You will likely bank the proceeds of your sale within 8-10 weeks from going to the market.
If you are considering selling up and want to know how much your property might be worth at auction, why not send us a few details and one of our auctioneers will give you a ring, to chat further about your requirements.
To start off the week, we'd like to share our Monday auction HOT PICK, which to us appears to be straight out of a period drama or perhaps even the pages of a story book.
There’s something of a magical feel to this 4 bed Georgian villa, and it’s hardly surprising that such a lovely building is Grade II listed! Given it’s age, completed in 1802, and its woodland surroundings, it seems steeped in history and would be wonderful as a holiday or weekend home.
The grounds would be wonderful for children to explore and let loose their imagination, or equally so it would be a fantastic setting for
ALMOST 80% of properties that went under the hammer at a Leeds auction were sold, raising nearly £3m.
29 of the 37 lots at Eddisons' latest auction found a buyer, and auctioneer Robert Limbert said there was "good bidding across all categories, with very little escaping the interest of investors and developers".
Among the highlights was Virginia Cottage, a vacant five bedroom property arranged for multiple occupancy in Roundhay, Leeds, which sold for £175,000 off a guide of £150,000-plus. The property has previously generated annual rental income of £18.6k.
First property auction hot pick that we’ve got for you this morning, is a 4 bed property in North Yorkshire with planning approval for another dwelling to be built on the site.
The picture had already caught our eye on this one, but what really grabbed our attention was the fab suggestion that not only would it suit the usual builder/developer types, but also owner occupiers with dependants! So, yeah, taking that suggestion on board, this one could catch a lot of wide and varied interest... and not just dependants in the usual sense either!
There may be quite a few parents out there who would