At UK Auction List, the team uploads a number of properties on a daily basis and there are always ones we like to have a good chit chat about.
This week's auction lot is situated in Suffolk and comprises a derelict building of some kind on a little 0.2 acre plot with fields on both sides as well as across the road.
What's so unusual with this one is that the authorities have made clear they will not approve any kind of replacement structure. They want the existing structure reused! It's a very unusual one, and we can vouch for just how overgrown it is having seen Streetview - we're unable to
Interest in property auctions shows no signs of waning with a packed attendance at an estate agent's recent sale paying above the guide value in many cases and almost all the properties going to new owners.
Around 200 people packed into the latest property auction held by Bury and Hilton at Westwood Golf Club, Leek, and after spirited bidding eight out of nine lots sold – an 89 per cent success rate.
Highlight of the evening was the sale of Ivy Cottage, Clerks Bank, Ipstones, which is a two-bedroomed detached cottage in one and a quarter acres of land and in need of modernisation and
TWO freehold wind turbine sites near Stafford will be going under the hammer next week.
The plots at Ashes Covert in Seighford, near the M6, will be put up for sale at Eddisons property auction in London on April 8th.
The plots extend to approximately 0.30 acres and have planning permission in place for two, 250kw wind turbines. They are being offered individually, with guide prices of £150,000 plus each.
Simon Bailey, director and auctioneer at Eddisons said: "Similar turbines have generated very healthy returns once operational and I encourage potential buyers to carry out their own
THE Old Hospital building in Minehead was sold for £350,000 at auction last week - and it wasn't to Minehead Development Trust.
The identity of the highest bidder is unknown and it is unclear what is to be done with the building.
Minehead Development Trust – a regeneration group – had hoped to purchase the Grade II listed building to turn it into a community hub, providing the town with services such as a library and information centre, a museum and a large community run public space.
According to a poll by the County Gazette, 59% of the people who answered it wanted to see a community hub in
Sutton Kersh has attracted 131 lots for its property auction on Thursday 16 April.
Among the lots going under the hammer is a substantial vacant residential property with investment and resale potential on Croxteth Road in Liverpool.
The three storey semi-detached close to Sefton Park and Princes Park has been converted to provide 13 self-contained flats, which could produce annual rental income of over £65,000 when fully let. It is being offered at a guide price of £400,000 plus on behalf of a housing association.
Meanwhile, a vacant three storey Victorian property on Judges Drive in Newsham
Smith and Sons’ first Wirral property auction of 2015 has raised more than £1.2m.
Held at the Village Hotel, Bromborough, the auction room was packed with the highest attendance figures for several years.
There was “lively and competitive bidding” for houses in need of refurbishment and repair with a four-bed house in Wallasey guided at £40,000 selling for £73,000.
Chris Johnson, auctioneer at Smith and Sons, said: “There were many regular visitors but it was also good to see new faces keen on buying investment opportunities as well as homes for owner occupation.”
This semi-detached, lock-up shop premises with accommodation over is located just a short walking distance from the Merton Meadow car park and the Old Market shopping centre with its new restaurants, shops, major stores and cinema.
The property offers considerable scope for modernisation and restoration or would ideally convert into residential accommodation, subject to the necessary planning consents being obtained.
As well as benefitting from large ground floor accommodation, there are three rooms on the first floor, which could serve as bedrooms and a second shower room; and to the rear
Llandudno's Grand Theatre, and former Broadway Boulevard nightclub, was sold last week at auction for £140,000.
The dilapidated property went under the hammer with no reserve price, it could have sold for just £1 , but it sold at auction with Allsops in London for £140,000.
Broadway Boulevard closed in June 2013 after parent company Atmosphere Bars and Clubs went into administration.
Initially the landmark site was put up for sale for £750,000, it was reduced to £500,000 and was then put up for auction in December. At that sale it failed to meet the reserve.
A fisherman's cottage that features on the cover of a Pink Floyd album has been sold at auction for £215,000 - £55,000 above the guide price.
Garden Cottage at Dungeness is believed to be the one on the sleeve for the band’s compilation A Collection of Great Dance Songs.
It also featured in numerous TV programmes including Jayne Eyre and the Inspector Lynley Mysteries.
It was one of 168 lots listed by auctioneers Clive Emson at Maidstone over five days of sales. It was bought for way above the guide price of between £165,000 and £170,000.
Believed to have been built in the mid-19th century