The pressure from buyers was high from the start and continued on that tack at the recent Auction House London auction (Wed 28 July 2021) which cleared almost £28m (£27,516,600) in sales.
Lot 1, a four bedroom bungalow in Albany Road, Belvedere, Kent set the pace for the auction, selling at £385,000 well above its agreed seller’s reserve, from a guide of £200,000.
Auctioneer and director of Auction House London, Andrew Binstock, said “Properties in need of improvement and with potential are being snapped up in a market which shows no signs of cooling down. The stamp duty holiday might
Bond Wolfe broke its record for the most lots sold in a single day during the July livestreamed auction, with 222 lots sold of the 231 offered for a success rate of 97%.
First under the hammer were a series of commercial ground rents being sold on behalf of Birmingham City Council.
These included 86 Lord Street in Duddeston which sold for £110,000, 160 Hockley Hill in Lozells - £190,000, 70 Summer Lane in Newtown (pictured) - £200,000, 110 Bissell Street near Highgate - £170,000, and 10 and 10a Eyre Street near Ladywood - £175,000.
The former Lickhill Manor, a Grade II listed Georgian
In a sensational summer of sales, SDL Property Auctions brought July to a close by holding its ever-popular monthly live-streamed National Property Auction on the back of its biggest ever catalogue.
Throughout the month, SDL Property Auctions has secured over £31 million in sales through its live-streamed auctions, Timed Auctions and Buy it Now sales for sellers of all types of property, from tiny parcels of land to multi-million pound apartments.
Firmly dispelling the myth that auctions are only for low-priced, rundown properties was the sale of a sumptuous triplex penthouse in
Despite a mixed welcome for ‘Freedom Week’ and the lifting of pandemic regulations, Acuitus’s July auction once again illustrated that investor appetite for commercial property has been sustained throughout the first half of the year.
The auctioneer’s latest sale saw 91% of the lots offered sell for a total of £12.76m. This brought the total realised at Acuitus auctions during the first half of the year to £93m – a 60% increase on the corresponding period in 2020.
Acuitus Chairman and Auctioneer, Richard Auterac, commented: “The first half of this year has seen the tech platform on which
A former chapel in Doncaster, an ex-office/retail unit in Sheffield and land in Barnsley all sold for more than twice their guide prices at Mark Jenkinson and Son’s latest ‘fiercely competitive’ online auction.
In the fifth online auction of the year for the auctioneers – which saw sales total £3.8m – the former Methodist chapel in Nethergate, Doncaster, sold for more than three times the guide price of £40,000 at £134,000.
The ex-Citizens Advice Bureau on Spital Hill – a substantial double-fronted inner terrace office/retail unit over five levels – was listed at £175,000 but sold for £323
Top property auctioneer Bond Wolfe has broken its previous record for the total number of lots sold in a single day, raising more than £29.2 million in sales.
The fast-growing company sold 222 lots from the 231 offered in its latest livestreamed auction yesterday [21 July], achieving a success rate of 97%.
The build up to the busy auction saw 633,651 website page views, 251,516 video tours watched and 51,517 legal documents downloaded, reflecting the increasing regional, national and global demand for property.
Gurpreet Bassi, chief executive of Bond Wolfe, said: “Despite the end
SDL Property Auctions has launched its biggest ever catalogue for a live-streamed National Property Auction.
Almost 250 lots are featured in the interactive digital catalogue, launched ahead of its National Property Auction on Thursday 29th July. This is the highest number since it began running its hugely successful live-streamed Auction Events at the start of the pandemic.
Against a background of a national shortage of homes for sale, managing director and auctioneer Andrew Parker said the high number of lots shows a growing number of sellers choosing a fast, hassle-free sale with the
Leading UK property auctioneer Auction House has recorded its best first half results in the fourteen-year history of the company.
Between January and June, the group raised over £275.5m (£275,576,028) – a 60% increase and more than £100m (£103,599, 079) up on 2020, and almost £60m (£59,879,527) better than its last best-ever success in 2016.
Commenting on the results, Auction House Managing Director Jeremy Prior said: “Announcing such spectacular figures during a global pandemic – some of which was spent in total lockdown – is a phenomenal achievement.
DIY enthusiasts will be attracted to homes needing attention across Birmingham with prices ranging from £29,000 to £225,000 at Bond Wolfe’s next auction on Wednesday 21 July.
A two-bedroomed, mid-terraced house at 8 Norwood Grove (pictured) in Lozells is just one of a record 250 lots going under the hammer in the live-streamed auction.
The vacant property with front and back gardens comes with a guide price* of £29,000 to £34,000, reflecting its need for modernisation.
Renovation is also for a two-bedroomed, mid-terraced house which stands flush to the pavement at 60 Eva Road in
A Grade II listed Georgian country house near Stourport-on-Severn is set for a fresh lease of life when it comes up for sale with Bond Wolfe on Wednesday 21 July.
Lickhill Manor has been a family home for most of its 300-year history but has also been used as a maternity hospital and, most recently, a care home. But it has been empty for nearly a decade and is now listed for auction with a guide price of just £455,000+.
That could be a bargain for its new owner, who could return it to use as a luxurious family home or convert it into apartments or any leisure or business uses –
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