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Overseas investors are now targeting Bond Wolfe Auction’s online live-streamed sales, it has been revealed.

A Hong Kong-based buyer was the final bidder for a £1 million commercial lot in Bond Wolfe Auction’s latest auction on Wednesday 17 February, an industrial/office investment at Island Works, 122 Holyhead Road, Birmingham.

Let to a long term established tenant, the landmark building between Birmingham and West Bromwich produces annual rental of £75,000.

Sue Randell, chief operating officer of Bond Wolfe Auctions, said: “The reputation of Bond Wolfe Auctions as a source of value

Following the Chancellor's budget announcements, the following comments have been prepared from SDL Property Auctions regarding the Stamp Duty Holiday and Business Rates Relief extensions. 

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Andrew Parker, Auctioneer and Managing Director, SDL Property Auctions

 Business rates relief

“The extension of business rates relief until the summer by the chancellor will be welcomed by many commercial property owners who could have been facing a hefty bill without it. The relief has served as a much-needed safety net, especially for those property owners who have been struggling to

Ormskirk Road for auction

After another successful National Property Auction brought February to a triumphant close, SDL Property Auctions has revealed that the number of properties sold in partnership with estate agents has doubled year on year.

The news reflects a growing trend of estate agents working in partnership with the auctioneer rather than in direct competition – which managing director and auctioneer Andrew Parker says is a win-win situation for all parties.

He said: “Buyers, sellers and agents all benefit from the speed, transparency and certainty of auctions. From an agent’s point of view, it means

Andrew Parker discusses Stamp Duty

With news that the stamp duty holiday is likely to be extended until the end of June, one property expert is warning that auctions will remain one of the only viable ways for buyers and sellers to guarantee completion before the new proposed deadline.

With the Chancellor due to confirm the extension in next week’s budget, SDL Property Auctions Auctioneer and Managing Director, Andrew Parker, is preparing for an increase in both lots and bids at monthly national property auctions.

As Andrew comments, there’s already been a significant increase in auction activity as buyers can complete

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%.

Ian Tudor, managing director of Bond Wolfe Auctions, said: “By any measure, Wednesday 17 February was a remarkable day, and we are particularly delighted with the results for the commercial lots we offered.”

 Bond Wolfe Auctions Island Works

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

Bond wolfe auctioneer Graham Carter

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

Green Street Auction House London sale

 

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

coven coppice SDL property auctions

 

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.

Managing director and auctioneer

SDL property auctions Andrew Parker and Steve Barnett

 

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

felixkirk reservoir for sale with auction house

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

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