Symonds & Sampson held three property auctions in April and following success in Devon and Hampshire, they were in Sherborne on 27th April to offer 16 lots in Dorset, Wiltshire and Hampshire.
Auctioneer Mark Lewis said that bidding was brisk especially for properties for improvement and renovation “The lots were diverse and included some redundant garages at Westbury in Wiltshire, sold for £4,000, to commercial property which attracted interest from SIPP investors.
Properties by category were:
Commercial: A shop in Sturminster Newton let until 2021 with a rent payable of £5,400 sold for £62
Commercial property investors will be flocking to Birmingham for SDL Auctions Bigwood’s next auction at Aston Villa FC on Wednesday 23 May where an impressive 172 lots will be going under the hammer.
In December 2017, SDL Auctions Bigwood set a record of 170 lots, beating its previous best of 157, in an auction that raised over £16 million, but the May auction will set a new record.
Ian Tudor, head of commercial auctions at SDL Auctions Bigwood, said: “The 172 lot catalogue features many attractive investment propositions ranging from former banks, to pubs, retail investments and mixed use
Auction House, the UK’s largest property auctioneer, is reporting the highest number of April sales in the group’s 11 year history.
The award-winning auctioneer sold a total of 306 lots during the month - a 16% rise on the 264 sales in 2017, with a combined value of £43.6m. This included the sale of the 1,000th lot this year – a milestone reached one month earlier than last year. The property concerned was a semi-detached bungalow in Stanton Avenue, Northampton (below), which sold above its £135,000-£155,000 guide price, for £156,500.
Commenting on the figures, Auction House Founding Director
Here is a preview ahead of what promises to be an exciting May property auction in Harrogate for FSS.
Lots range in price from £50,000 to £900,000 in one of the most diverse and interesting sale events we've had for some time.
FSS auctioneer Richard Smailes said he and his team were looking forward to showing prospective bidders around the properties, which include a Grade II Listed character cottage in Knaresborough, a farm with planning permission for two individual barn conversions near Kirkby Overblow (pictured) and a prime commercial property right on the Market Place in Knaresborough.
A seven bedroom villa was the stand out result in SDL Auctions Graham Penny’s April Leicester auction at the King Power Stadium.
The property at 15 Westcotes Drive in Leicester went under the hammer with a *guide price of £200,000+ but after competitive bidding it sold for £301,000.
A house of multiple occupation (HMO) over three floors, it was described by Carl Finch, senior auction valuer at SDL Auctions Graham Penny, as a great buy-to-let investment which could bring in a rental income of around £28,000 per annum, giving a return of close to 10 per cent.
A property which has been in the same family ownership for over 50 years has sold at Network Auctions 19th April London sale for £225,000 to a bidder who flew over from Switzerland specially to bid on the lot.
The three bedroom non standard construction property in a plot of approx. 0.42 acres located in Teignmouth Devon attracted considerable pre-auction interest due to its superb sea views towards Lyme Bay. The property guided at £175,000 – £200,000 saw a hot bidding war between locals , Londoners and the eventual successful Swiss buyer and achieved £50,000 more than the lower estimate.
I've a rather quirky property to show you today. We're headed for the East Midlands for this one and I reckon it's probably got something for everyone in the mix. So, whether you're an investor, developer, or owner occupier seeking a project, please read on and see what you think of this little gem...
This fantastic Georgian property in Nottinghamshire boasts many wonderful features, as well as four bedrooms and a stunning location, but it's the inclusion of a Grade II Listed Windmill that first grabbed my attention here! It's not every day an opportunity like that comes along
With a quarter of all households in the UK expected to be renting by 2025, it’s no surprise that investors remain keen on property. To help you identify a lucrative investment opportunity, Romans’ Lettings Managing Director, Richard O’Neill has identified five factors every landlord should look for in a property before buying to let.
1) Local employment opportunities
To attract quality tenants, choose an area where big businesses are based or areas with a number of local employers.
2) Excellent transport links
Proximity to a rail station or the motorway network will make a home more appealing
The UK’s largest property auctioneer Auction House is reporting an “encouraging” first quarter of 2018 with sales exceeding those from last year, and a “healthy” number of entries into April’s auctions.
The award-winning group sold 722 lots in the three months from January to March, compared to 712 in 2017, with a 76% success rate and raising a total of more than £85m (£85,473,000). It has also entered 485 lots into this month’s sales, compared to just 407 in April last year.
Auction House Founding Director Roger Lake said: “This is another encouraging set of figures – especially when you
Commercial property proved popular in SDL Auctions Graham Penny’s April Derby auction at Pride Park Stadium with £5.2m raised in sales.
City Pizza, 71 Wardwick in Derby city centre, a part let, part vacant investment opportunity certainly delivered, selling for £224,000 from a *guide price of £125,000+.
Bidders recognised the potential in the four storey freehold property. The ground floor and basement are currently let on a rental of £15,500 on a 15 year lease expiring in 2026, but the potential for growth is contained upstairs.
The vacant first and second floors are self contained and are
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