Cheffins second property auction of this year saw 17 lots auctioned on Wednesday 21st June at the firm’s salerooms in Cambridge with a total realisation of over £2.5m. With a sale rate of 76 per cent and a number of lots achieving prices well over their guides, it was a good indicator of the continued confidence in the East Anglian property market.
For city centre property, 8 Radegund Road in Cambridge, a substantial semi-detached property with five bedrooms, achieved £655,000, £155,000 over its original guide price of £500,000. Similarly, a third floor apartment with two bedrooms in
Leicestershire property buyers are definitely warming to the benefits of buying at auction, if the results of SDL Auction Graham Penny’s latest auction are anything to go by.
The auction at King Power Stadium, Leicester, on Friday 23 June saw more than £2.5 million raised with 20 lots offered.
This was the third auction SDL Auctions Graham Penny has held in Leicester this year and the third increase recorded.
Previous auctions in February and April raised more than £1.3 million and £2 million respectively.
The auction got off to a good start when Lot 1, 112 Wilberforce Road, Leicester, sold
High numbers of viewings, a busy auction room and competitive bidding saw several properties sell for more than their guide prices* at the latest SDL Auctions Cheshire and North Wales auction this week.
The biggest sale at the auction at Chester Racecourse on Tuesday 27th June saw a link detached, three-bedroomed house at 10 Wakefield Road in Great Sutton, Ellesmere Port sell for £171,500 – 23% above its guide price of £140,000+.
Other substantial auctions included The Coach & Horses in Flint Mountain, Flintshire which sold for £150,000 from a guide price of £125,000+, and a block of
A rare chance to buy a courtyard of popular shops in the historical Peak District town of Matlock is coming up at SDL Auctions Graham Penny’s auction in Derby this month.
The imposing, stone-built premises occupy a prominent corner position in at Bridge View, 2 Dale Road and will appear at the auction at Pride Park Stadium on Wednesday 26 July with a guide price of £500,000+.
The lot of seven shops and offices currently produce income of £51,594 a year and include a café, antiques shop, hairdressers, book shop, estate agents, tattoo shop and glass company.
The UK’s number 1 property auctioneer Auction House is celebrating its 10th anniversary, having successfully sold over 20,000 (20,516) lots since its inception on 1 July 2007.
In the last decade the award-winning brand has grown to become the largest residential auctioneer in the UK in terms of lots sold, having held 1,415 auctions across the country, with a success rate of 78%, and raising a total of more than £2.3bn (£2,308m).
Marking the occasion, Auction House Founding Director Roger Lake said, “The Auction House story has been one of spectacular achievement. In the last ten years we have
A riverside bungalow with “splendid views” is just one of a wide range of homes at SDL Auctions Graham Penny’s next auction in Nottingham on Friday 7 July.
The two-bedroomed timber bungalow with mooring rights is on the banks of the River Trent at 14 Trentside, Burrows Farm, in Clifton Village, Nottingham, and has a guide price* of £80,000+.
Vejay Pal, senior valuer at SDL Auctions Graham Penny, said: “This beautiful property is situated in a delightful, secluded waterfront location with splendid views, and we’re expecting strong interest from bidders.
Three terraced homes in Middlesbrough are likely to excite the market when they appear at an auction next month with guide prices* of just £1 each.
The mid-terraced, two-bedroomed properties, which all need improvement works, head a range of north east homes appearing at SDL Auctions Bigwood’s auction at Villa Park, Birmingham on Thursday 6 July.
Gurpreet Bassi, SDL Auctions’ partner and head of auctions, said: “These three properties offer excellent investment opportunities in the rental market and will potentially bring in attractive revenues once they have been refurbished.”
A varied catalogue with far reaching appeal defines the Smith and Sons summer auction.
To be held at 2pm on the 5th July at the Village Hotel in Bromborough, a total of 28 lots will be offered.
There is something for everyone’s budget, property preference and investment yield with a wide range of buildings, some for refurbishment, some for immediate occupation and others for development.
At a guide of £90,000 -110,000, a delightful detached cottage in Heswall Lower Village, set in private gardens with the option to purchase additional land if required, is sure to attract interest, offering
Polling for the general election on the same day appeared to have no effect whatsoever on SDL Auctions Graham Penny’s Derby auction.
Lots sold on the day and prior to the event totaled more than £4.8m with strong interest shown in the 66 lots offered at Pride Park Stadium.
One of the best results was for the final lot – Windmill Cottage 185 Swarkstone Road in Chellaston, Derby, which sold for £180,000 from a *guide price of £85,000.
But there was also keen interest in the first two lots offered which both also went for more than double their guide price.
Cheffins second property auction of the year will see 19 lots auctioned tomorrow at the firm's sale room in Cambridge.
The auction will include a variety of alternative investment options, varying from a former ambulance station, a village hall and a disused fruit packing depot which will be available alongside a series of residential and mixed-use properties.
The highest value lot in the June sale is 0.52 acres of strategic land in Ipswich. Formerly the distribution depot of JJ Wilson Ltd, the local fruit and vegetable packing business, it now has allocation in the Local Plan for up to 18 new
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