The February property auction held by Bond Wolfe Auctions has set a new record for the Midlands.
Not only was it the largest auction ever held in the region, offering 224 lots, it raised a record £24.6 million, with a remarkable success rate of 96%.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “By any measure, Wednesday 17 February was a remarkable day, and we are delighted with the results.”
The marketing run-up to the auction resulted in 1,049,714 website page views, 237,758 video tours watched, and on the day over 3,500 were registered to bid with over 23,000 tuning
Auction House London is holding an additional property sale on Wednesday 3 March 2021 after an impressive start to 2021.
More than eight out of every 10 lots listed were sold (85%) in its first auction of the year (Wednesday 10 February 2021) with almost £17.8m (£17,791,000) raised in sales.
The afternoon got off to a combative start with some fierce bidding on early lots, including a 3 bedroom detached house in Kingsdale Road, Plumstead, south east London which was guided at £250,000 before selling for £362,500. It has the potential to extend or redevelop and attracted a large range
SDL Property Auctions is helping estate agents across the country to generate income via its latest auction catalogue, which features an impressive 200+ residential and commercial lots.
The UK’s most successful live-streamed auctioneer has launched the catalogue ahead of this month’s National Property Auction, which will be held on Thursday 25th February.
Featuring properties stretching from Scotland down to the south coast, the catalogue will help buyers and sellers achieve fast, hassle-free sales while producing revenue for partner estate agents.
After forging a new partnership with leading Scottish chartered surveyors Shepherd in late 2020, SDL Property Auctions is now preparing for its first dedicated commercial property auction of the year.
The first live-streamed Shepherd Commercial Property Auction of 2021 will be held on Tuesday 30th March and conducted by auctioneer Andrew Parker from SDL Property Auctions’ head office auction studio which will be rebranded to Shepherd for the occasion.
As a result of the partnership, SDL Property Auctions is selling commercial properties in Scotland on behalf of Shepherd via both live
Auction House is reporting a strong start to the year, with its best-ever January result and nearly twice as many February entries as any other UK property auctioneer.
The group sold 61 lots in the traditionally quiet first month of the year - raising £6.1m and marking four consecutive months each with sales ahead of the previous year. In addition, at 561 lots, the number of entries into its February sales far exceeds any other auctioneer in the country.
Commenting on the figures, Auction House Founding Director Roger Lake said: “This continuing hunger for sale by auction is a clear
Impey & Company has launched its own commercial property auction department to offer sellers a new way to sell their properties.
The RICS-regulated company specialises in both selling and letting industrial, office and retail premises in the north west, with a proven reputation for achieving the best possible results.
The expansion of its services comes after more than 40 years as Stockport’s leading independent property company and allows Impey & Company to offer a fully flexible sales package, giving clients the choice of multiple sales routes.
What do we have here, then? A former community police office (pictured) in rural Derbyshire is one of the more unusual properties in Bond Wolfe Auctions’ next online, livestreamed auction on Wednesday 17 February.
The vacant, freehold property at 145 Oliver Road in Kirk Hallam village, near Ilkeston, has a floor area of approximately 167 sq ft, and comes with a *guide price of just £10,000+.
The ground floor property has a simple layout which has previously been used as an office, complete with toilet facilities and an off-road parking space.
A remarkable opportunity to secure a unique and distinctive Wolverhampton home awaits bidders at Bond Wolfe Auctions’ next auction, on Wednesday, 17 February, when the former lodge at Merridale Cemetery goes under the hammer.
It will be part of the largest property auction ever offered in the Midlands, with a record 232 lots going under the hammer.
The large and distinctive five bedroom detached property is being offered on behalf of City of Wolverhampton Council and is for sale with a guide price* of just £275,000+ which is expected to attract intense interest from bidders.
Competition is expected for neighbouring Leicestershire properties bringing in healthy rents that are up for grabs in Bond Wolfe Auctions’ next auction on Wednesday 17 February.
The pair of two-bedroomed, mid-terraced houses are at 14 and 16 Berrys Lane (pictured above) in the village of Ratby, north east of Leicester, and each has a guide price* of £40,000+.
Sharp-eyed landlords will spot current rental incomes of £4,500 per annum for each home, which have small front gardens, rear yards, central heating and double-glazing.
Gurpeet Bassi, chief executive of Bond Wolfe Auctions, said:
The nationwide surge in demand for property is being reflected in the auctions market as SDL Property Auctions reported a record-breaking number of registered bidders for its first Auction Event of the year.
The live-streamed auction continued well into the evening of Thursday 28th January as auctioneer Andrew Parker worked his way through a marathon catalogue of 180+ residential and commercial lots nationwide.
There were 2,000 people registered to bid on the lots, representing an all-time high for the auctioneer – and 69% more than its previous peak in June 2020.