An entrepreneurial auctioneer has spotted the upside for any wanna-be Airbnb-ers in his latest property auction catalogue – and with over 150 million users worldwide – there’s certainly a market for short-term lets!
Toby Limbrick, Director at Network Auctions, said, ‘The opportunity to make a good income from short-term lets is something more and more buyers are looking for. Airbnb is an attractive alternative to traditional buy-to-let investing due to the more favourable tax regime (you can offset mortgage interest expenses), the widening of geographical areas for investment and the less
A former church on land in Birmingham that’s ripe for potential development will appear in Bond Wolfe Auctions’ next auction at Villa Park on Wednesday 23rd October.
The property known as Sheldon Gospel Hall first opened for worship just after the end of World War Two at 575-577 Barrows Lane in Sheldon and has a guide price* of £125,000 to £135,000.
The property, which had also hosted the Joolz Dance Studio since 1991, consists of a church hall and various other accommodation in approximately 1,300 sq ft of space, situated on a site of about 0.06 acres.
The UK’s leading property auctioneer Auction House has entered 846 lots into its September auctions this year – more than in any month in the 12 year history of the company, and what is likely to be a national record for the industry.
The group has now sold 2,256 lots since the start of the year – a figure which is 4.6% up on the first eight months of 2018, with a success rate of 76.9% (also ahead of last year’s cumulative success rate of 75.9%), and raising a total of over £264m (£264,125,659).
Commenting on the results, Auction House Founding Director Roger Lake said: “These figures prove
SDL Auctions has been shortlisted for two categories in the prestigious Negotiator Awards.
The company, the fifth largest property auctioneer in the UK* and the most successful in the Midlands every year since 2006, is in the running for both the Residential Auction Service of the Year award and Rising Star of the Year for regional property manager Sarah Miles.
Andrew Parker, Managing Director and Auctioneer at SDL Auctions, said: “We are delighted to be shortlisted for not one but two categories at the Negotiator Awards this year. There is a lot of competition for these awards so being
Two period cottages in the picture postcard village of Ripley, both will planning permission to extend, will go under the hammer at the 1st October auction by local property experts FSS.
The pretty Grade II listed estate houses sit on the Main Street in Ripley, a bustling village with its own local store, butchers, tea rooms, the popular Boar’s Head pub, a church, primary school, post office and the renowned Ripley Castle.
Both one bedroom cottages will be auctioned by FSS on Tuesday 1st October with a guide price of £175,000 each.
Mark Lewis is confident that the recent success in the auction room will continue in Symonds & Sampson's autumn auctions.
It has been a fascinating year so far and the Auction room offers an excellent barometer on the state of the property market. Anybody planning to bid will have to have either cash available or a mortgage approved, and the number of bidders will show you how much ready money is available for properties.
If you have been to a Symonds & Sampson auction recently you will understand that there is a lot of latent demand for lots across the spectrum. Renovations and individual
Land lots - including half an island in the River Don - sold for at least double their guide price after going under the hammer at Mark Jenkinson and Son's £4.5 million September auction.
The eastern half of the wooded island site in a picturesque location just down from Ewden Beck sold for more than 14 times the guide price of £500 at £7,250.
Lying on the boundary between Sheffield City Council and Barnsley Metropolitan District Council, the island site is approximately 0.37 acre, subject to seasonal variations and river levels.
More than 1.5 acres of Greenbelt land with future development
Property investors have a good range of options to choose from at Cheffins’ Eastern Counties Property Auction on Wednesday 18th September.
Cheffins has catalogued 18 lots of land, commercial and residential properties at guide prices ranging from £850,000 right the way down to £2,000.
A large development site at a former haulage yard on Newmarket Road in Stretham, Ely, with planning permission for nine residential dwellings has a guide price of £850,000.
The planning permission on the 1.25-acre site is for single and two-storey dwellings with no obligations for affordable housing.
Bond Wolfe Auctions’ astonishing run of results continued with an 87% success rate seeing over £16.1 million raised in their September sale at Aston Villa FC in Birmingham.
Over 2,000 people attended the auction throughout the day and in the run up to the auction, Bond Wolfe Auctions staff conducted over 3,600 viewings resulting in over 36,000 legal documents downloaded.
The firm, which was launched only in January this year, has now offered 490 lots in 2019, raising £55 million with an average success rate of 85.5% against the national average of 72% - making Bond Wolfe Auctions the most
Property affordability is never far from the headlines so you may be surprised to hear that five homes are going under the hammer next month with a guide price of less than £30,000.
The terraced houses – four in County Durham and one in Grimsby – are due to be sold by SDL Auctions Bigwood at its Birmingham auction on Thursday 12 September and are among 87 lots featured in the latest catalogue from the largest and most successful auctioneer in the West Midlands.
Four of the homes are currently let to tenants. They are:
108 Oxford Road, Hartlepool
With a guide price of £22,000+, this two
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