Merseyside auctioneer Sutton Kersh sold 75% of the lots offered at its first auction of the year, generating proceeds in excess of £4.6M.
The sale at the Marriott Hotel in Liverpool attracted a large attendance including investors, owner occupiers and developers. Competitive bidding helped a number of lots exceed their advertised guide prices.
Cathy Holt, Joint Head of Auctions at Sutton Kersh said: ‘It was good to be back in the auction room after the long winter break .We had assembled a strong catalogue to kick off our 2015 auction campaign which offered a wide variety of opportunities to
Over the past two years there has been a huge surge in student housing investment activity in the United Kingdom, and student accommodation is certainly big business right now. Last year alone saw more than £2 billion of investment from U.K. and overseas investors in this booming property sector.
A new report from The Mistoria Group, specialists in student property investment, has highlighted that demand for student HMO property is especially soaring in the North West, with a 40% increase in students securing their accommodation in January, year on year.
Homeowners are slowly coming to terms with lower valuations for their property after price growth expectations fell to an 18-month low, ahead of the general election.
Over the three months to February householders became steadily more pessimistic, predicting slower price appreciation in 2015, according to the property group, Knight Frank.
Despite the low interest rate environment and wide range of cheap mortgage deals on offer, the sentiment index, which each month tracks whether homeowners think the price of their property will go up or down over the next 12 months, fell from 74.9 a year ago
Blogging internet superstar Zoe Sugg, 24, better known as Zoella, has bought herself a £1million five-bedroom mansion in the Brighton area.
Miss Sugg will share the house with blogger boyfriend Alfie Deyes, 21, and says that she has christened the house the 'Zalfie Pad.'
The young couple will also have five en-suite bathrooms, solid oak floors, a designer kitchen and a log cabin to enjoy in their first home near the picturesque South Downs.
The £1million house and celebrity lifestyle came six years after starting her video-blogging site at home.
Concerted buying at Acuitus’s first auction of the year has illustrated the opportunities that the sector now offers sellers of all types of commercial property throughout the UK.
The auction raised £25.3m which was 40% up on the corresponding sale last February. The buying power was evident with 10 of the 34 lots sold achieving prices of more than £1m.
Acuitus auctioneer, Richard Auterac, comments: “The buyer base in the auction room is expanding rapidly with national and international buyers who are new to the market acquiring 80% of the lots. This is providing sellers with a major
Using a property auction is the fastest way to sell. If you want a quick sale or have a deadline to meet, then a property auction could well be right for you. Once the hammer has gone down the property is sold but, most importantly, contracts are exchanged on the day of the sale as no further negotiation is permitted. That means the entire sale process – from instruction to exchange of contracts – is achieved within as little as 28 days.
Most types of property are now suitable for auction provided that a realistic reserve price is agreed. If you have a property to sell and are considering sale
Graham Penny Auctions, the most successful auction house in Nottingham, has held its first auction of the year in front of a packed room of buyers and the Homes under the Hammer TV crew.
The auction, on Friday 6th February at Nottingham Racecourse, featured a catalogue of 38 residential property, commercial property, land and other lots from across Nottinghamshire and the rest of the country which raised over £1.9m for Graham Penny Auctions’ clients.
Vejay Pal, senior valuer at Graham Penny Auctions, commented: “Last week’s auction was a great start to the year for us. Our catalogue had a
Romans first property auction of 2015 is set to be an exciting one with 19 lots on offer in its new surroundings, as the sales room moves to the Green Park Conference Centre, Reading.
The auction, taking place on 25th February at 1.30pm features a great selection of residential and commercial properties from across Berkshire, Hampshire, Oxfordshire and Surrey.
"Our auctions always attract a fantastic array of properties, this particular one includes several terraced houses in central Reading; an investors’ dream, as well as some larger properties on good plots of land” comments Simon Clayton
A Cold War-era bunker, complete with instructions for what to do during a nuclear attack, is up for auction.
The six-and-a-half acres of land are likely to be the main draw for buyers, but they come with an, almost, hidden extra – a nuclear bunker.
Located four metres below ground in arable fields in Burton Joyce, Nottinghamshire, down a narrow opening, the historic building is up for auction at a guide price of £75,000.
Between 1961 and 1991, the 11 square metre bunker was one of the Royal Observer Corps’ nuclear monitoring posts.
Scattered around the bunker are instructions for staff about
Ever dreamed of living by the sea? The Old Lighthouse, in Dale, South Wales, couldn't be much closer to the coast, and has gone up for sale with a guide price of £975,000.
With stunning 360 degree views over the Bristol Channel, it was built in the 18th century and was used to guide vessels away from the rocks on their route from the colonies to Bristol Harbour.
The five-bedroom home offers the added extras of a three-bedroom annex, and a tower observation lounge. And if you don't fancy a dip in the sea first thing in the morning, you can always swim a few leisurely laps in your own "cliff
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
