Storham House in Stoke Green, Coventry is set to be sold in an online auction by Network Auctions on the 5th November. The attractive period building which is arranged as 6 x 1 bedroom flats over three floors has a guide price of £370-380,000.
Toby Limbrick, auctioneer, says, ‘We are delighted to be able to offer this property on behalf of a housing association. Storham House offers a wonderful opportunity for both investment and future development. We anticipate the yearly rental of the existing flats when fully occupied to be £46,800.’
The property, which is set back from a pleasant tree
A growing demand for a hassle-free property sale has seen SDL Auctions achieve a hat-trick of 200-lot catalogues, with its latest offering featuring 222 properties ahead of its first two-day auction.
This success echoes the boom currently seen by the wider property market, as buyers rush to take advantage of the stamp duty holiday – but managing director and auctioneer Andrew Parker says astute homemovers will make their move via auctions.
He said: “An auction sale gives you the best price with the advantage of being fully transparent, fast and certain. There’s no risk of the lender
Auction House has made over £300m worth of property sales in the year so far (£300,877,878) – well ahead of any other residential auctioneer.
Cumulative sales for 2020 currently stand at 2300 lots sold from 2913 offered, at a strong success rate of 79%.
Commenting on the figures, Auction House Founding Director Roger Lake said:
“As can clearly been seen from the figures, the pandemic hasn’t held us back! Indeed, we have functioned very effectively throughout the lockdown, as well as after the easing of restrictions, and now during what is being described as a second surge.
A rare opportunity to buy an eight-bedroomed Midlands farmhouse with consent to create two large homes is coming up at Bond Wolfe Auctions’ next auction later this month.
The Georgian property on Otherton Hall Farm, near the hamlet of Otherton near Penkridge in South Staffordshire, will have a guide price* of £395,000+ in the online-only, live-streamed auction on Wednesday 28 October.
Aptly known as The Farmhouse, the spacious building is thought to be at least 200-years-old and is currently a detached house ranging over four floors including the attic, with an additional basement.
A huge, detached building formerly used for supported housing in the Black Country is attracting plenty of interest ahead of Bond Wolfe Auctions’ next auction later this month.
The eight-bedroomed property at 21 Hope Street, Walsall, will be one of the more unusual properties featuring in the online-only, live-streamed auction on Wednesday 28 October.
The intriguing lot is being sold on behalf of Accord Housing Association and so is in decent condition, currently set out into separate bedsitting rooms, with several communal kitchens, bathrooms and living areas, plus offices.
A Grade II listed three-bedroomed detached cottage near Loughborough, thought to be more than 350 years-old, is among the stand-out properties at Bond Wolfe Auctions next auction later this month.
Set in the historic village of Rempstone, which was recorded in the Domesday Book, the cottage has been entered for sale with a highly attractive guide price* of just £225,000+ in the online-only, live-streamed auction on Wednesday 28 October.
The Thatch, at 6 Main Street, Rempstone, is thought to date from around the 1650s and wears its history on its sleeve, with exposed beams, open fireplaces
Following a bumper 12-hour auction in September, SDL Auctions is delighted to announce it will hold a two-day auction for the first time in October.
Responding to increasing demand for its live-streamed national property auctions, SDL Auctions will hold a sale of residential properties on Thursday 29th October, with commercial properties going under the hammer on Friday 30th October.
Managing director and auctioneer Andrew Parker is excited to take the company in this new direction.
He said: “After the last few bumper auctions, which have taken us well into the evening, the natural next
Fresh from launching its biggest catalogue yet, SDL Auctions has announced it is adding dedicated auctions of selected commercial properties to its calendar.
The next commercial property auction, on Thursday 15th October, follows many years of successfully selling commercial properties around the country. More than £14.2m has been raised for commercial property sellers in 2020 alone.
Managing director and auctioneer Andrew Parker said: “We are now the UK’s most successful live-streamed auctioneer and, as a result, are being asked to help an increasing number of sellers from all over the
The Coronavirus pandemic has driven a positive change in the auction industry which will remain, even after a return to room sales, according to auctioneers at Auction House London. It’s recent sale (Tues 15 September 2020) swept to its finish with an 83% success rate, having listed 107 lots for sale and raising over £22m (£22,085,350) – the largest amount for two years.
Director and Auctioneer at Auction House London, Andrew Binstock said: “Covid 19 has changed the face of property auctions forever. Before the pandemic, bidders could only bid by phone or proxy if they couldn’t attend the
Network Auctions’ latest online collective sale on 10th September achieved a 90% sales success rate and raised £1.78 million.
Toby Limbrick, Director, says, ‘The continued success of our online property auctions shows the strength of the market and the demand from buyers for attractive opportunities.’
The multi-lot auction which included a public house in Berkshire, a lock-up garage in Wembley and a detached villa in Plymouth among the 32-lot catalogue, attracted numerous bids from across the country.
‘We’ve always been a nationwide firm and online auctions allow us to cater for everybody
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