Development site and bargain-priced homes across the East Midlands feature in Bond Wolfe’s September auction
A string of East Midlands properties are set to attract property investors and househunters alike when they go under the hammer at Bond Wolfe’s next sale on Thursday 15 September.
Developers will be focusing on the sale of a key development site close to Leicester city centre, at47 Clarence Street (picured), which is listed with a guide price* of £695,000+.
The site had secured planning permission for the construction of 47 student apartments, but this has now lapsed.
Investors will have the chance to bid for a prime retail site in Bromsgrove in Bond Wolfe’s next auction on Thursday 15 September.
The property at6-8 Church Streetincludes a parade of two ground floor shops and a further part ground and first floor office in a prominent town centre location.
The combined properties, which are being offered jointly with agents GJS Dillon, extend to approximately 1,323 sq ft and are all fully let.
James Mattin, managing director agency at Bond Wolfe, said: “Church Street feeds off the High Street in Bromsgrove and has good parking nearby. It is in
Property auctions could benefit from tougher times in the property market, says Auction House
The UK’s largest property auctioneer says the property auctions industry could end up benefiting from the forthcoming downturn in the property market, because it provides the quickest and simplest solution to sell unwanted property.
Jeremy Prior, Managing Director of Auction House UK said: “There’s no sense pretending otherwise: there are some
Another potential student accommodation site in Leicester is set to go under the hammer in Bond Wolfe’s next auction on Thursday 15 September.
The site at 47 Clarence Street was previously granted planning permission for the demolition of an existing building and development of 47 student flats in May 2017 but this has now lapsed.
The site is situated on the corner of Clarence Street, Lee Street and Hill Street, close to Leicester city. Other centres such as Nottingham, Derby and Coventry are about 27, 34 & 27 miles respectively whilst the national motorway network is accessible via
A marathon sale this month for Auction House London saw 91% of properties listed being sold, raising more than £30.5m (£30,505,500).
Auctioneer and Director of Auction House London, Andrew Binstock conducted the major part of the auction, personally being on the rostrum for 9 hours. The longest ever single sale by the team onWednesday 3 August 2022, also had its highest number of lots sold by Auction House London in its history, with 157 of the 174 selling.
Andrew Binstock said, “Our August sale has been phenomenal and good lots with potential are still selling wildly well. It’s too
Back in the room! Bond Wolfe held its first in-room live auction for two years in the regular venue of the Holte Suite at Aston Villa, Birmingham, and attracted over 1,000 registered bidders online, in-room, telephone and proxy.
The sale featured properties and bidders from London, the North East, North West and across the Midlands, and bidders were also noted from the USA, South Africa and across Europe.
Whether live or logged on, they saw 156 lots sold and over £26 million raised in sales.
Bond Wolfe offered 189 lots and sold 156 for a success rate of 83%, with the lead up to the auction
Bond Wolfe is reverting to livestreamed auctions after research revealed the mass majority of bids remained online during its first return to in-room auctions.
The top property auctioneer’s decision came after more than 95% of bids were made online, by phone or proxy at its auction at Villa Park on 21 July, despite hundreds of people attending in person.
Gurpreet Bassi, chief executive of Bond Wolfe, said: “We were really excited to return to Villa Park after receiving lots of feedback from buyers and sellers that there was demand to return to an in-room auction.
An industrial asset in Surrey sold for £3.92m under the hammer as Acuitus raised £28.76m at its latest commercial property auction with the sale of 86% of the properties offered.
The freehold of the 43,154-sq ft Hoppings Timber Yard in Lingfield in east Surrey is let on a new 15-year lease at a current annual rent of £275,000. The purchase price reflected a net initial yield of 6.5%.
Acuitus Director Charlie Powter comments: “With a new long lease in place to a good covenant, this 3.78-acre property with low site coverage of 26% also offers the potential for longer term asset management or
The ‘For Sale’ sign is up and you’re hoping to secure a buyer for your house. Now’s the time to roll up your sleeves and do what you can to sell your property.
When viewing a house, potential buyers often need a little guidance to see its full potential. From decluttering the living room to tidying away your bins, here are some tips on how to get your house ready for a viewing.
First impressions count
Visitors will start evaluating the property the moment they arrive, so first impressions really do count. To kick the preparation off, step
Want to sell your house by private treaty before Christmas? You may already be too late, says Auction House, after record sales
Auction House is reporting its best-ever half year results in terms both of lots sold and money raised.
In the first six months of 2022, the group sold 1,975 lots from 2,338 offered (a success rate of 84.5%) and raised over £316m (£316,581,100) in the process. This marks a 12% increase in sales since the company’s previous best figures in 2019, when 1,752 lots were sold (from 2,277 offered).
It also represents a 13% increase in money raised on behalf of