Nearly a third of the lots which sold at Acuitus’s second auction of the year achieved yields of 6% or lower as investors continued to target high quality assets. The sale raised £33.5m from the sale of 49 lots with 10 properties selling for more than £1m.
Acuitus auctioneer, Richard Auterac, commented: “There was much more positivity in the room than at the first sale of the year when investors were still feeling their way into the new year and adjusting to the political environment.
“The results continue to reflect the different investment objectives between high net-worth private investors
An unbroken Freehold of 33 flats in Leicester has been listed by Network Auctions for sale in their 19th April London auction. Guided at £1.9m the flats have an estimated rental value of £184,800 per annum.
The recently refurbished block occupying a site area of 0.28 acres in Upper Temple Walk, Leicester comprises 11 x 1 bedroom and 22 x studio flats with planning consent to create two further flats from ground floor storage.
Toby Limbrick, director, said “We are excited to offer such an attractive lot to the auction room. It is a readymade turn-key investment and there is no 3% investor levy
It's important that you view a property before you bid for it at auction. There are so many things to consider and often the most important questions are forgotten.
Ask the relevant questions by taking our helpful checklist with you on your viewing. It may also be useful to take along the property details supplied by the auctioneer to ensure that their information is accurate.
Also check the property for signs of subsidence and confirm that the exterior is in good condition especially the roof and drainage. Double check the boiler, electrics and plumbing in the property and make sure they
In 1572 the Arundell family who lived at Wardour Castle in Wiltshire were gifted 250 acres of Semley Common by Queen Elizabeth 1st. Despite the turbulence of the next few centuries the land has remained in their ownership ever since but part of the woodland will now be offered up for sale by auction on 27th April with SYMONDS & SAMPSON.
Mark Lewis, from auctioneers Symonds & Sampson, is honoured to market the property which will be offered in 6 lots ranging from 1.6 acres up to 20 acres.
“This land is very special. It has a wonderful history but has been traditionally managed so that
Selling property at one of our future auctions will be cost effective, simple, fast and stress free.
If you feel that this method of sale might be right for you, why not get the ball rolling and get in touch for a FREE PROPERTY VALUATION via our ENQUIRY FORM (click on the link).
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 the sale.
Selling at auction also widens the potential market, not only will there be buyers who want to
An industrial complex split into nine units and with a self contained yard has gone on the market with a guide price of £500,000.
The detached property, at Avondale Business Park, Cwmbran offers a total of approximately 47,950 sq ft (4,455 sq m) of internal space together with a self contained yard of 25,280 sq ft (2,349 sq m), is being sold through Paul Fosh Auctions.
Keri Harding-Jones, of Paul Fosh Auctions, said: “The property, which is ideally located on this established business park north of Cwmbran town centre, has been subdivided to provide one large unit with access for loading to
South Wales property professionals, Seel & Co are proving their worth to anyone selling property at auction by consistently achieving over-estimate sales for clients.
Since launching in 2000, its experienced property auction team has disposed of more than a quarter of a billion pounds worth of residential and commercial assets across Wales.
They currently have a sales conversion rate of 83% for the past two years, making them a safe pair of hands for anyone wishing to sell a property through auction.
They also recently made the single largest property sale at auction ever recorded in Wales
Network Auctions’ latest London auction on 22 February has brought the total raised in partner agent commission fees to over £100,000 in the last month, “proving the business model of the partner agency model works,” says Toby Limbrick, Director.
The auction held at The Grosvenor House Hotel, Park Lane attracted lively and competitive bidding from in the room, online, proxy and via telephone – showcasing the multiple ways people are buying at auction in 2018.
Popular lots included a two-bedroom Eco home in Milton Keynes which sold for £202,000 against a guide of £165,000, an extended four
From first time buyers’ homes in need of renovation to ready-to-move-in family homes, there are plenty of Black Country residential offerings in SDL Auctions Bigwood’s next auction at Aston Villa FC on Wednesday 28 March.
Gurpreet Bassi, head of residential sales at SDL Auctions Bigwood, said: “The range of properties available reflects our strength in the Black Country and the appetite for residential property of all kinds has always been strong in this area.
“The many Black Country lots offered in our March auction provide opportunities for all budgets.”
The Acuitus auction on March 28th will feature 62-lots encompassing retail, office, industrial, ground rent and leisure assets which generate current total rental income of around £3.4m.
Guide prices for the sale range from £75,000 to £3.75m with lots being entered by sellers including Aviva Investors, Wesleyan Assurance, Royal London Asset Management and Mapeley together with major fund managers, investment funds, banks, trustees and fixed charge receivers.
Acuitus Chairman, Richard Auterac, comments: “Our first sale of the year saw private investors continuing to target lots of around £1m.
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