Auction House is reporting a wave of new sellers to its auctions, attracted by a rise in the number of bidders, and selling prices which are regularly reaching figures well-ahead of expectations.
The group has already experienced its busiest ever March, with 476 lots entered into this month’s sales, compared to its previous highest figure of 434 in 2020.
Commenting on the figures, Auction House Founding Director Roger Lake said: “In an ordinary year, this would be considered an excellent achievement; in the middle of a global pandemic, it’s a phenomenal one.
Auction House is reporting a wave of new sellers to its auctions, attracted by a rise in the number of bidders, and selling prices which are regularly reaching figures well-ahead of expectations.
The group has already experienced its busiest ever March, with 476 lots entered into this month’s sales, compared to its previous highest figure of 434 in 2020.
Commenting on the figures, Auction House Founding Director Roger Lake said: “In an ordinary year, this would be considered an excellent achievement; in the middle of a global pandemic, it’s a phenomenal one.
Despite supply of homes falling in the wider property market, a leading auctioneer is reporting record growth which it sees as a sign that auctions are becoming more mainstream.
Following the launch of its 216-lot March auction catalogue, SDL Property Auctions is reporting an impressive increase in lots of 149% year on year. This is in stark contrast to the national figures released by Rightmove in its latest house price index, which show a 21% drop in new sellers coming to the market compared to the same period last year.
Managing director and auctioneer Andrew Parker believes the
More than 60 Black Country homes ranging from bargain fixer-uppers to smart modern apartments will go under the hammer at Bond Wolfe Auctions’ next sale on 31 March.
A three-bedroomed, semi-detached house at 273 Stafford Road (pictured below), in Wolverhampton comes with a guide price* of just £30,000+, but the new owners will need DIY skills and an appetite for hard work, as it needs extensive improvements.
Less effort will be needed for the new owners of another three-bedroomed semi, this time at 25 Sussex Avenue, in Wednesbury, as it’s in a tidy condition despite a guide price of
From pubs to factories, and from churches to banks – there’s something for everyone on the commercial property list in Bond Wolfe Auctions’ next sale on Wednesday 31 March.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “There’s something for investors of every shape and pocket in our catalogue this month, with more than 200 lots across the UK, from Cornwall to Northumberland, while guide prices* range from £nil to £850,000.”
One timely lot is the freehold on the Santander Bank at 91 Queen Street in the centre of Morley (pictured left), in Leeds, which is listed for sale with
A familiar name has returned to the world of auctions with the relaunch of Must be Sold by Auction.
Operating as Must be Sold from 2008 until its closure in 2013, the brand was previously launched as a joint venture with Graham Penny Auctions (now SDL Property Auctions). It has now been relaunched by parent company Spicerhaart Corporate Sales under its new name, Must be Sold by Auction
Must be Sold by Auction offers a full range of auctions to meet sellers’ circumstances and timescales. Both conditional and unconditional Timed Auctions run on the Must be Sold by Auction website, with online
FOR AUCTION: An attractive three bedroom detached cottage centrally located in the popular village of Wheathampstead is up for grabs – and may even offer the new owner the chance to beat the Stamp Duty deadline – and be a cosy period home.
10 The Hill, Wheathampstead, St. Albans, is being sold by Network Auctions with a guide price of £395,000+. The cottage is situated in the centre of this popular village with a wide range of local amenities and St Helens school nearby. Character features include exposed beams, vaulted ceilings and attractive fireplaces. The kitchen opens into an
The proposed sale of a former police station in Sedgley is the best hope of bringing the landmark building back into use, according to Bond Wolfe Auctions, the firm bringing the property to the market in its next auction on Wednesday 31 March.
A host of alternative uses for the building – including apartments, community or meeting space, offices or even hospitality – have all been suggested for the old station building in Vicar Street, which is listed for auction with a guide price* of £260,000.
It was among two dozen selected for closure three years ago. Police chiefs argued at the time
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.
---------------
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
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
