A former library in the heart of an historic south Wales valleys town has gone up for auction in what is fast becoming a property hotspot.
The fully let property in the Eastern Valley UNESCO World Heritage town of Blaenavon, Gwent is being sold at auction by Newport-based Paul Fosh Auctions.
Debra Bisley, of Paul Fosh Auctions, said: "We've had loads of interest in properties in Blaevanon over recent months with a number of these often quirky and of architectural interest being sold at one our auctions. It's becoming quite a property hot spot.
Auction House London continues to buck the market trend with sales under the hammer reaching its own all time high with 182 Lots selling this week at auction during a single livestream sale lasting 12 and a half hours.
£30m (£30,513,500) was raised in its recent sale (Wednesday 24 May 2023). The appetite for buying at auction is clearly there with many properties going into extended bidding wars including Lot 2 – a three-bedroom mid terrace in Poplar Street, Romford. It was guided at £225,000 before the hammer came down at £385,000.
A public house/hotel investment in an affluent area of Dorset featured among the lots sold at the Acuitus commercial property auction which raised £19.05m on May 18th.
The Anchorage on Haven Road near Poole sold for £2.2m at a yield of 5.13%. The gastro pub and six-bedroom hotel is on the main route to the prime residential area of Sandbanks and its cluster of multi-million pound homes. It is currently let to Greene King on a new 20-year lease running from September 2022 without break at a rent of £120,000 pa.
Jon Skerry of Acuitus comments: “The quality of this asset and its close proximity
GEORGIAN GEM: Let at £50,112 per annum, a pair of freehold buildings, comprising five flats and two shops in the Georgian gem town of Blandford Forum, Dorset, is guided at £600,000-plus (lot 39). The property is among 134 lots listed for auction across southern England by Clive Emson Auctioneers.
A former primary school, ransom strip, chapel, offices building, a tin mine engine room and a house built around the time of Tudor king Henry VII – just some of the diverse lots listed by Clive Emson Auctioneers in its June auction.
The firm’s land and property auction, covering southern
A commercial property in a prime position in St Austell town centre is heading to auction in June.
The end-terrace premises are located at 16 Fore Street in the town’s main pedestrianised street close to nearby national retail chains and amenities.
Most recently occupied by a charity, the two-storey property includes sales space on the ground floor and ancillary accommodation on the first floor including staff room, WC, office and storage.
It has a freehold guide of £80,000 to £100,000 in the fourth sale of 2023 by the regional land and property
Auction House has seen the highest amount of money raised in its April auctions since 2018.
Compared to 2022, money raised on behalf of Auction House clients soared by 11% despite holding slightly fewer auctions than last year. Total money raised in April 2023 stands at £44,709,450, whilst last year it was £40,311,811.
Auction House Managing Director Jeremy Prior said: “These figures prove that Auction House sales continue to squeeze the last penny of profit out of every lot, despite unrelenting downward market pressure on prices.
Thousands of people flock to Auction House London at its recent sale as the former home of Lady Chatterley’s Lover writer goes under the hammer.
More than £31m (£31,067,000) was raised during Auction House London’s recent auction (Wed 19 April 2023) where one of the magnet Lots was a three bedroom Victorian terraced house, once lived in by the celebrated author, D H Lawrence who wrote the romantic novel Lady Chatterley’s Lover. The
