Three gorgeous period manor homes are set to be sold under the hammer at Network Auctions’ 4th April ballroom sale at The Westbury Mayfair Hotel, London.
Fairlea in Northam, Bideford, Devon is an impressive mid-Victorian Grade II listed detached house guided at £650,000+. Originally constructed between 1872 and 1877 the main building was later adapted into a residential home for the elderly, extended in the 1960s and then further modernised in the 1990s. Still retaining many original architectural features, the building set in 1.31 acres, is being sold with the benefit of detailed planning
You might think it’s a little ghoulish to buy a property of someone who has recently died, especially if they passed away in the property, but it does have some advantages, as well as a few disadvantages.
Read our guide to buying a probate property find out what you are getting into and what you might get out of it.
What are the advantages of buying a property from an estate?
When someone dies, all of their assets need to be collected in by their executors (usually a family member or a solicitor), all their debts paid and then the proceeds distributed to the beneficiaries. This is known as
Bond Wolfe Auctions, the UK’s newest auction business, raised a staggering £16.7 million in its first auction in Birmingham.
The auction at The Holte Suite, Aston Villa FC, saw 103 lots out of 115 sold in front of a packed auction with standing room only for the majority of the day.
It was the most successful auction in the Midlands’ since May 2018 based on the amount raised and the most successful since December 2017 based on the percentage sold and chief executive Gurpreet Bassi was absolutely delighted with the results.
“When we launched Bond Wolfe Auctions in January with a highly
The first round of auctions of the year at property auctioneer Auction House recorded sales of 508 - up nearly 8% (7.9%) from last year, at a success rate of over 74% (74.4%) and raising a total of almost £55.7 million (£55,683,669).
Commenting on the achievement from the first two months of 2019, Auction House Founding Director Roger Lake said: “This should be seen as a buoyant beginning to the year, and a positive signal that the auction method continues to deliver results, despite gloomy predictions and hesitancy across the property market.
Two large homes in Liverpool are due to go under the hammer with SDL Auctions North West in Manchester next month, providing the ideal development opportunity for a property investor.
Both requiring refurbishment, the two three-storey properties have the potential to be transformed into Homes in Multiple Occupation, subject to the relevant permissions and licensing, and ultimately provide a good rental income.
1 Chatsworth Avenue, Orrell Park, is a substantial gas centrally-heated semi-detached house with a *guide price of £91,000+. It has a large kitchen and four reception rooms on the
A warehouse used by the iconic rock bank Iron Maiden for a number of years has been sold by Auction House London at its recent sale last month. (Tuesday 12 February 2019).
The commercial property in Royston, Hertfordshire was used by the band to store costumes and music equipment while touring in the UK. The warehouse in Jarman Way started the day with a guide price of £70,000 but sold for more than double that figure at £167,500.
Director and Auctioneer at Auction House London, Andrew Binstock said, “We had an incredible turnout to this particular auction and it was possibly one of our
Views don’t get much better across The Harbour at Folkestone than those from 11 The Stade, a charming Three bedroom Fisherman’s cottage. It’s a mid terrace property which has a gas heating system via radiators, double glazed windows and oak flooring in the living room.
From the master bedroom and living room there are views across the harbour. It has a modern bathroom, kitchen/dining room with double glazed french doors at the rear leading to a courtyard garden.
Make sure you ‘catch’ lot 25 as it comes up for public auction at CLIVE EMSON'S Kent & SE London auction at the Clive Emson
A rare chance to build three family homes on a former Victorian school site is coming up at Bond Wolfe Auctions’ first auction on 13 March in Birmingham.
Developers are expected to compete for the residential development opportunity at Earl Street in West Bromwich that was once occupied by the Guns Village Primary School, dating back to 1878.
With a guide price* of £120,000, the cleared rectangular-shaped site has direct access from Earl Street and has previous planning consent to build three town houses, each with three bedrooms.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said:
When someone passes away, the focus is usually on the immediate practicalities such as the funeral arrangements. However, if they owned property, this needs to be dealt with as well. Buying and selling a property belonging to someone who has passed away isn’t much different from a normal conveyancing transaction, but there are still a few things that the parties need to be aware of and the process can take longer.
What If the deceased owed the property with someone else?
If you owned a property with your spouse or partner, and they pass away, what happens to their share of the land? Well
Midland property investors are defying Brexit pessimism and benefiting from the region experiencing the fastest rising house prices in the UK, an expert at Bond Wolfe Auctions said today.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, was speaking after new figures from property website Zoopla revealed Birmingham, Leicester and Nottingham were the country’s first, joint second and joint fourth highest regions respectively for price rises since the June 2016 referendum to leave the EU.
Mr Bassi said: “Despite all the Brexit doom and gloom, we are seeing switched-on Midland property
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