Lottie Bids's blog

One of the largest residential investment opportunities in Birmingham for several years has been sold for over £2.1m by leading property auction business SDL Auctions Bigwood in partnership with GVA.

Mulberry Court in Sutton Coldfield was included in the catalogue for SDL Auctions Bigwood’s March auction with a *guide price of £1.8m, while a private treaty marketing process was run in tandem by GVA.

One of the UK’s leading property experts has said he’s surprised it’s taken the government so long to introduce a tougher stance on rogue estate agents.

Commercial property once again proved popular at SDL Auctions Bigwood’s March auction at Aston Villa FC in Birmingham with strong interest from investors throughout the catalogue of 117 lots which raised £13 million.

A major conference and weddings venue is the main commercial property attraction at SDL Auctions Graham Penny’s next Leicester auction at the King Power Stadium on Tuesday 17 April.

The property at 1 Marchant Road in Hinckley is a 11,000 sq ft unit which is currently arranged and used as a conference and function centre.

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.

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.

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.

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.

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).

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.