With £40m already raised for vendors across the East Midlands, SDL Graham Penny – the new name for the most successful auctioneer in the East Midlands – is inviting entries for its next Leicester auction.

The auction, on Thursday 29th September at the King Power Stadium, is SDL Graham Penny’s fifth Leicester auction so far this year and is set to feature a wide range of residential property, commercial property and land lots.

Andrew Parker, auctioneer and managing director, commented: “We have raised some excellent sale prices for our vendor clients across the East Midlands so far this year. Confidence in the property market is still good, even following Brexit and the changes to stamp duty earlier this year, making now a great time to sell in the auction room.

“All types of property sell well in the auction room including those in need of refurbishment, a property with unique characteristics, a tenanted property or land and building plots.”

Amongst the properties already entered into the Leicester September auction is:

    34 Sybil Road in Rowley Fields – a spacious three bedroomed property in a popular area close to the city centre with a *guide price of £135,000+
    125 Queens Drive in Enderby – a two bedroomed ground floor maisonette with a guide price of £79,000+
    56 Leicester Road in Kibworth – a Victorian cottage in a popular village location and with a guide price of £85,000+

Since inception in 2006, SDL Graham Penny has sold more than 5,000 lots across the East Midlands and raised over £500m for clients. Formerly Graham Penny Auctions, it joined the SDL Group in early 2016, making the SDL Auctions network the fourth largest in the UK and the biggest outside of London.

Andrew added: “Anyone with a requirement to sell quickly is likely to get a successful and speedy sale as contracts are exchanged in the auction room on the fall of the hammer and completion usually takes place only three weeks later.”