Coventry properties invited for next SDL Bigwood auction

Coventry properties invited for next SDL Bigwood auction

After SDL Bigwood’s record breaking first auction in Coventry in November last year, the region’s leading auction house is looking to follow up with another cracker in March.

The event at the Village Hotel, Dolomite Avenue, Coventry, is on Wednesday, 29 March, and would-be sellers only have until the closing date of Wednesday 8 March to enter their property to sell under the hammer.

The November auction was Coventry’s largest-ever auction and a packed salesroom resulted in a hugely successful auction which raised £1,893,500 with 88 per cent of lots selling on the night.

Gurpreet Bassi, SDL Bigwood’s head of auctions, said: “Notably, every single Coventry-based lot sold.

“And this was a strong message from the Coventry marketplace that there is a real demand for successful auctions in the city.”

SDL Bigwood auctions can include residential properties, retail and industrial properties, investments, land and development opportunities, freehold ground rents, licensed premises, agricultural property, garage block and country estates.

Mr Bassi said: “The auction route to market is becoming increasingly popular as it offers a decision on the day, and fast completion, normally within 28 days.

“We offer free, no obligation, property valuations and we talk all our potential vendors through the sale process from initial viewings to the hammer coming down on their sale, and on to successful completion.

“Our auctions always attract good crowd and a packed sales room leads to competitive bidding, helping our vendors achieve good prices.

“If you have a property, an investment, or simply a piece of land – no matter the current condition – we can advise you on the best route to market in order to turn your asset into cash you can then use as you wish.

“Many of the region’s most successful buy-to-let investors started by buying their first property at one of our auctions, and we still see many of them regularly at our West Midlands auctions,” he said.

All of SDL Bigwood’s auction lots are marketed locally and nationally, included on their website and Rightmove and featured in their quality auction catalogue which is distributed to over 10,000 active buyers across the Midlands.

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