A compound of nine lock-up garages and nineteen parking spaces in Ashfordwas among 153 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers which finished on Wednesday, July 26.
Bockhanger Garages, Block H, situated in Bybrook Road, Kennington, sold for £90,000 freehold.
Situated between numbers 92 and 94 Bybrook Road in the popular district of Kennington, on the western side of Ashford, this compound of nine lock-up garages and nineteen parking spaces
A Victorian manor house on the outskirts of Torquay, Devon, soared past its freehold guide price to sell for £679,000 at auction.
Richmond Manor, at 25 Ash Hill Road, was among the lots in the fifth sale of 2023 by regional land and property auctioneers Clive Emson.
It was listed with a freehold guide of £550,00 to £600,000 but fierce bidding took it well above that figure when the gavel fell.
Senior auction appraiser Audrey Smith said: “Bidders were clearly attracted by the rare opportunity to acquire a stunning late Victorian manor house in a quiet
A children’s nursery in Ely was among the investments that sold at the Acuitus July commercial property auction which raised £22.97m from the sale of 88% of the lots offered.
The freehold of the Bright Horizons Nursery sold for £1.57m at a yield of 6.6%. The lease was renewed earlier this year for 15-years’ term at a current annual rent of £110,000 with five-yearly RPI-linked rent reviews.
Charlie Powter of Acuitus comments: “The UK’s private childcare sector continues to grow and investors are attracted by the long-term income that it can offer and, as in the case of this investment
A former children’s nursery in Bodmin, Cornwall, and a bungalow near Launceston have both sold well at auction.
The Townend Nursery and surrounding land in Victoria Square fetched £75,000 in the fifth sale of 2023 by the regional land and property auctioneers Clive Emson.
Senior auction appraiser David Henwood said: “This detached property easily hit the mid-range of its freehold guide price.
“It offers numerous development opportunities for the new owner, including conversion or extension of the existing building whether for residential use or for some
Auction House London is continuing to perform well in the auction room despite pressure on buyers facing rising interest rates.
At its recent sale (Wednesday 28 June 2023) 83% of the 193 lots offered were sold, raising more than £25m (£25,255,500).
Auctioneer and Director of Auction House London, Andrew Binstock said, “As expected, with increasing interest rates we had about half the number of bidders taking part compared to our previous auction. There’s a lot of caution in the market at the moment but serious buyers are taking on property and yet again we sold more Lots at above £1m this
The UK’s largest property auctioneer, Auction House, is reporting a record second quarter in 2023.
Q2 sales have risen from 988 in 2022 to 1,225 this year (an increase of 24%) and money raised is up from £155,322,545 to £171,864,939 (a rise of over 10%).
Year-to-date sales for Auction House are impressive too, showing a 22% increase (2,305 this year compared to 1,887 properties in 2022) and over £28 million more raised in 2023 than for the same period last year (£319,997,799 up from £291,884,492).
Auction House Managing Director Jeremy Prior said: “What’s remarkable about these
A Victorian manor house on the outskirts of Torquay is going under the auctioneer’s gavel with a freehold guide price of £550,00 to £600,000.
Richmond Manor, at 25 Ash Hill Road, retains many of its original features, including two staircases, a vaulted octagonal rooflight, cellar and feature doorway with an inscribed wooden crest.
It is arranged as nine studio, one-bedroom apartments and owner’s accommodation with three bedrooms.
Richmond Manor also has a coach house, gym, sizeable gardens and sea views. It is among the lots in the fifth sale of 2023
Is it Time for UK Mortgage Lenders to Start Offering 10 and 20-Year Fixed-Rate Mortgages?
Introduction
The UK housing market has always been synonymous with uncertainty and fluctuating interest rates. Homebuyers and homeowners alike face the challenge of navigating a complex landscape of mortgage options, making it difficult to plan for the long term. However, in recent years, there has been a growing demand for stability and predictability in mortgage payments. This has sparked a debate about whether it is time for UK mortgage lenders to start offering 10 and 20-year fixed-rate mortgages
A former children’s nursery in Bodmin with potential for a variety of uses is coming to auction in late July.
The Townend Nursery and surrounding land in Victoria Square has a freehold guide price of £70,000 to £80,000.
It is among the lots in the fifth sale of 2023 by the regional land and property auctioneers Clive Emson.
Senior auction appraiser David Henwood said: “This detached property is well located in a mixed-use area of Bodmin next to a children’s play area and car park.
“It offers numerous development opportunities, including
A mixed-use investment property in a prime location in the coastal market town of Maldon, Essex, is coming up for auction later this month. (wed 26 july)
The two-storey property at 32, 32A & 32B High Street is among 148 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
It is being offered with a freehold guide price of £475,000 to £500,000 at the firm’s auction which ends on Wednesday 26 July.
Director and Auctioneer Paul Bridgeman said: “Situated in the High Street of the
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
