2018 has seen strong auction activity for leading North West auction house Sutton Kersh, with an end of year sales hitting a whopping £50m - and still rising!
Continuing to smash national statistics, this news comes on the eve of their most recent auction, in which 6.5m worth of properties were sold in the packed auction room; many of which being over their guide price. The auction continued to offer a huge selection of lots, with over 115 available on the day.
Commenting on the auction's success, Managing Director, James Kersh, said: "I'm thrilled to see such a fantastic end to the year
The final Acuitus commercial property auction of the year saw the sale of 59 lots for a total of £34.89m. This took the total volume of Acuitus sales in 2018 to just under £240m.
Acuitus auctioneer, Richard Auterac, commented: “This is a remarkable result for our clients, who in the main are institutions, investment funds and asset managers. It has been delivered against a political atmosphere that some pundits say hasn’t been seen since the days of Cavaliers and Roundheads!”.
Despite the continued negative press towards UK High Street retail, it was assets of this type which produced some of
The UK’s number one property auctioneer Auction House has reported a fifth consecutive month of record sales in 2018, selling more lots in every month since July than ever before in the eleven year history of the network.
In November this year the group sold 156 lots from 219 offered – a success rate of 71% and raising a total of £14.7m. These figures take the cumulative total in 2018 to sales of 3,257 lots since the start of the year, raising over £400m (£400,721,903) in the process.
Commenting on another month of record numbers, Auction House Founding Director Roger Lake said: “These figures
The final auctions of 2018 have now taken place, and there are plenty of unsold lots in our database that are still available; and more to be added early next week once the results are released from auctions that have taken place yesterday and today.
Catalogues for the new year will start to be released from mid January, so a wee break to enjoy the festive period.
If any of the UNSOLD/AVAILABLE lots catch your eye, then get in touch with the Auctioneer to arrange a viewing of both the property and the legal pack!
Are you thinking about selling your property in the New Year?
Sale by auction is cost effective, simple, fast and stress free.
If you feel that this method of sale might be right for you, get in touch for a FREE PROPERTY VALUATION via our ENQUIRY FORM (click on the link to be directd to a short form for you to complete and submit so that one of our auction team can call you back).
If you’re looking for a speedy sale and certainty that a buyer won’t bail on you then auctions are a good way to go. Once the hammer falls the buyer has to put down a 10% deposit, then they have 28 days to complete
Hey everyone, I've got a lovely little mixed bunch of properties to show you today. Each is a little different or unique in some way, and there's something to suit various buyer types too. A lovely interesting group of property stocking fillers, all available at auction just in time for Christmas!
Our first stop today is in Birmingham where I've spotted a great three bedroom bungalow that needs some modernisation, but brings plenty character and is very much suited to both owner occupiers and investors alike. It's for auction with COTTONS this Thursday.
Right, it's off to Cumbria to check out a fab three bedroom property today, for sale on 13th December with Auction House Cumbria.
It's a perfect blank canvas, so if you're seeking a home that you can make your mark on without a big restoration also required, then your time will be well spent taking a closer look at this one.
You have an ideal village setting here, but the property itself is lovely, modern, and has benefit of balconies to two floors at the rear of the property. To me that indicates some lovely views to be taken advantage of from this attractive and spacious property.
Leading land agent Aston Mead says that Brexit may have subdued the property industry, but it has also led to a pent-up demand, which is likely to feed back into the market next year.
Aston Mead Land & Planning Director Richard Watkins said: “Any degree of political or economic uncertainty means that buyers tend to sit on their hands. People with important and costly decisions to make tend to pause and reflect, waiting for a time when the outcome is more predictable. The ongoing machinations of the Brexit process for the last two years are no exception – so little wonder that the property
A 300-year-old canalside cottage in a picturesque setting is for sale in SDL Auctions Bigwood’s December auction at Aston Villa Football Club on Wednesday 12 December.
7 Canalside in Stourport-on-Severn is currently a one bedroomed property and in need of modernisation and repair.
Jason Lee, head of auctions at SDL Auctions Bigwood, said: “This is a unique opportunity to acquire a distinctive property with a wealth of features.
“It is crying out for sympathetic refurbishment and repair and currently has gas fired central heating and partial double glazing.”
The countdown has begun to the final property auction of 2018 which will be held at Pavilions of Harrogate on December 6 by Harrogate auctioneers and estate agents FSS.
The properties going under the hammer include three houses in Harrogate – all prime opportunities for savvy investors - two Harrogate flats and a pair of terraced houses in Ripon.
We asked auctioneer Richard Smailes for his thoughts on the three terraced houses in Harrogate, all of which are being offered for sale with guide prices of £175,000 or less.
Richard Smailes said: “The exciting thing about all three properties is