Blogs of author

An old favourite heads up the commercial lots in SDL Auctions Graham Penny’s Derby auction at Pride Park Stadium on Thursday 1 November which will see 56 lots go under the hammer.

From an area that is always very popular with commercial investors, 63-67 Wardwick in Derby is a valuable freehold property in the city centre. It comprises two ground floor retail units and one rear office or stage unit.

It is currently partly-let producing £19,000 per annum, which could rise to £25,000 when fully let. It has a *guide price of £125,000+.

Nick Trow, commercial valuer at SDL Auctions Graham Penny

There are plenty of properties for DIY fans looking for projects in the SDL Auctions Graham Penny auction on Thursday 1 November at Pride Park Stadium in Derby.

Robert Stone, senior valuer at SDL Auctions Graham Penny, said: “Our 56 lot catalogue features several examples of properties that can be developed into great family homes after they have been renovated.”

31 Town Street in Holbrook village is currently a one bedroomed period property with a large three storey rear extension but it has the potential for conversion to two bedrooms, subject to building regulations. There is also a large

Property auctioneers, Smith and Sons, raised over £2.5million its latest auction, selling in excess of 80% of the lots offered.

A busy room at the Village Hotel in Bromborough, together with multiple phone bids, generated good interest which resulted in another successful sale. The majority of potential buyers were investors and developers either looking to buy their first investment or strengthen their portfolios.

Chris Johnson, Auctioneer at Smith and Sons commented: “The auction room presents the ideal opportunity for both new and experienced investors, developers and builders to purchase a

Leading property auctioneer Auction House is reporting the highest number of monthly entries in the eleven year history of the company.  

The group has entered 810 properties into its October catalogues – the first time that it has ever exceeded the 800 lot milestone in any given month.  

The impressive performance is matched by the group’s sales in September, when Auction House sold 425 lots from 618 offered (up 7% from 397 sold in 2017) – delivering a success rate of 68.8%, and raising £51.3m in the process.  

Founding Director Roger Lake said: “Our regional auction rooms continue to outpace

Buyers at SDL Auctions Cheshire and North Wales’ auction at Chester Racecourse were clearly keen on the variety of properties on offer.

The properties sold ranged from a cottage to a mixed use retail unit with accommodation above, to a maisonette and an apartment.

There was keen bidding for a freehold investment property in the busy market town of Abergele in Clwyd. 2 Market Street is a retail outlet with a two storey apartment above in a prime high street location. When the hammer fell, it sold for £104,500. It had a *guide price of £75,000-£95,000.

A cottage in Bangor requiring full

A fully let high street retail parade in Smethwick, Birmingham, is being marketed for sale by GVA in partnership with SDL Auctions Bigwood.

The property has provisionally been entered into SDL Auctions Bigwood’s October auction with a guide price of offers in excess of £1.1 million, while a private treaty marketing process is run in tandem by GVA.

All pre-auction offers for the property will be considered. If a satisfactory offer is received, and exchange of contracts (by way of auction contract) takes place prior to the auction date, then the property will be immediately withdrawn from the

Dunbar House, also known as Danbert House, is a forlorn sight in Morfydd Street, Swansea. It’s once glorious Gothic gables are derelict and weeds have taken the place of the magnificent stonework that used to adorn the windows.

Built in 1880 for a tinplate magnet, the property has been beset with bad luck since the start. Local businessman Daniel Edwards, a pioneer of his times, designed and planned the house to be his beloved home, but it was not to be. The Victorian builder commissioned to construct the elaborate mansion house went bankrupt and the building was never completed or lived in

A Welsh chapel dating back to the pre-Victorian 1830s with views of Snowdonia is for sale in an online auction with SDL Auctions, in partnership with agents Dafydd Hardy.

The Capel Bethmaaca in Glasinfryn, near Bangor, Gwynedd, was first built in 1836 during the reign of William IV – Queen Victoria’s uncle – and was later rebuilt in both 1866 and 1895.

The chapel, which was once used by the Congregationalists of Glasinfryn but could be converted to residential use subject to planning permission, has a starting price of £40,000 in the online auction, which ends on Friday 26 October.

Jason Lee

The auction room at the AJ Bell Stadium was a little quieter than usual which was to be expected in the final few weeks of summer.

Featuring over 60 residential and commercial properties from across the North West, Edward Mellor's line-up attracted the attention of developers, investors and homebuyers.

It was clear every buyer in the room had their eye on a particular property, which led to some incredible sale prices last month.

Reddish Lane in Gorton was the first lot to go under the hammer. This property is a fantastic buy-to-let investment which is currently pulling in a rental income of

SDL Auctions Graham Penny will be offering the “Pigeon Factory” for sale in its next Leicester auction at the King Power Stadium on Tuesday 9 October.

The former hosiery factory at 41-43 Canal Street in South Wigston is one of the oldest buildings in the area and has been abandoned for more than 25 years.

Carl Finch, senior valuer at SDL Auctions Graham Penny said: “We are very pleased to have been asked by Oadby & Wigston Borough Council to sell this historic site in our next auction.

“The site is only available at all because the council used its compulsory purchase powers to bring this