The combined talents of three top experts helped property sellers around the country get great results in SDL Auctions’ largest auction ever – and the UK’s biggest in August for 12 years.
The eighth lockdown auction held by the SDL Auctions, the UK’s most successful live-streamed auctioneer* saw Andrew Parker, Rory Daly and Graham Penny reunited – but socially distanced – in the company’s head office studio to sell a catalogue of 200+ lots.
The national property auction got off to an excellent start with a series of lots in Leicester, the first selling for more than twice its guide price.
Bond Wolfe Auctions will next month set a record for the largest-ever remote bidding and livestreamed auction to be held in the UK.
An impressive total of 214 lots are in the newly published catalogue for the auction that will be held on Wednesday 16th September.
Properties on offer range from a former neighbourhood police base in the Bilston to a library in Walsall, and to a Grade II-listed cottage in Herefordshire.
Other interesting lots include various other properties being sold on behalf of Birmingham City Council, Walsall Council, the Ministry of Justice and the Law of Property Act
The former RBS branch on New Street in Lancaster is due to go up for sale by auction next month. The building will feature among around 60 properties in Pugh’s next property sale, which will be held online on 9 September.
The 4,000 sq ft, three‐storey bank was closed in April 2018 as part of RBS’s nationwide closure of branches and shift to digital banking. It is being auctioned with a guide price of £300,000.
Pugh managing director Paul Thompson, said: “The former RBS branch is a handsome building that would be really well suited to a variety of potential new uses, subject to obtaining
Auction House is reporting that the average price of its properties sold during lockdown has rocketed by over a third.
The figure has soared from £116,145 in July 2019 to £159,359 in the same month this year – an increase of 37%.
Commenting on the figures, Auction House Founding Director Roger Lake says that the sharp rise – which became noticeable from May of this year onwards - is down to three contributory factors.
He explains: “Firstly, it’s the simple fact that there has been a huge upsurge in buyers looking to purchase property this way. The competitive bidding nature of auction is
So this is what we have been busy producing during Lockdown, and we hope that you like it!
The content and navigation of the website has pretty much remained the same. The most obvious changes are the colour scheme, logo change and layout, however we have also introduced more functionality and some additional services, including for Members - daily or weekly Property Alerts and thumbnail catalogues!
In terms of the Search, you can now select multiple counties and property types, and the price range has been changed to a slider. If you decide to Register (our subscription prices remain the
Live stream sales for Auction House London are going from strength to strength as it achieved its highest value auction (Thursday 30 July 2020) since lockdown began, raising more than £17m.
Director and Auctioneer at Auction House London, Andrew Binstock said, “It was an extraordinary auction. Five and a half hours of endless bidding meant I did my longest ever stint on the rostrum without stopping, with many properties flying miles above their reserve prices.”
Highlights of the auction included a shell of a five bedroom terraced house in Brixton (pictured above), south London, guided at £400
Following its seventh lockdown auction, SDL Auctions has retained its position as the UK’s most successful live-streamed auctioneer and helped its buyers save more than £74,000 in stamp duty tax.
In July alone the company has raised £20.7 million in sales and sold 170 properties for its vendors up and down the country through its daily single-lot online auctions and its monthly national property auction.
Andrew Parker, auctioneer and managing director at SDL Auctions, commented: “This live-streamed national property auction was a fitting finale to another highly successful month for our
Despite just one month between sales, Bond Wolfe Auctions achieved another remarkable result in the remote bidding auction held on Wednesday 29 July.
A 95% success rate saw 161 out of 170 lots sold, raising over £16.3 million.
Bond Wolfe Auctions chief executive Gurpreet Bassi said: “Despite there being such a short period between our June and July auctions, we still had a very busy three week marketing period resulting in over 2,500 people registering to bid by internet, telephone and proxy.”
Over 33,044 watched the auction live which started at an earlier time of 9am and continued for ten
Strettons has continued its strong auction performance during lockdown at its July sale. The firm raised £11.3 million for its clients with a 90% success rate at its remote auction which took place on Tuesday 14 July.
To date, the firm has raised £25 million during lockdown with an average success rate of 90%.
The highest price of the day was achieved for 39 Darenth Road in Stamford Hill, N16. The vacant freehold vacant house, which was on the market for the first time since the Second World War, sold for £1.36 million against a guide of £1.1 - £1.2 million.
Sutton Kersh Auctions once again held a successful live streamed online auction, which resulted in them selling over £9 Million pounds worth of property, the largest figure for a property auction so far this year in the North West.
It was watched by hundreds of people across the country, with over 640 people register to bid and as a result 88 properties have been sold through this one auction alone.
Prior to the auction day the team sold an impressive 25% of properties which had a sales value of £3.5 Million. So far this year through 4 auctions, Liverpool based Sutton Kersh Auctions have sold
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