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Sales up yet again at Auction House, despite tough trading conditions

The first round of auctions of the year at property auctioneer Auction House recorded sales of 508 - up nearly 8% (7.9%) from last year, at a success rate of over 74% (74.4%) and raising a total of almost £55.7 million (£55,683,669).

Commenting on the achievement from the first two months of 2019, Auction House Founding Director Roger Lake said: “This should be seen as a buoyant beginning to the year, and a positive signal that the auction method continues to deliver results, despite gloomy predictions and hesitancy across the property market.

Substantial houses in Liverpool are ripe for restoration

Two large homes in Liverpool are due to go under the hammer with SDL Auctions North West in Manchester next month, providing the ideal development opportunity for a property investor.

Both requiring refurbishment, the two three-storey properties have the potential to be transformed into Homes in Multiple Occupation, subject to the relevant permissions and licensing, and ultimately provide a good rental income.

Rock band Iron Maiden sells costume store warehouse through Auction House London

A warehouse used by the iconic rock bank Iron Maiden for a number of years has been sold by Auction House London at its recent sale last month. (Tuesday 12 February 2019).

Who will cast their net for fisherman’s cottage?

Views don’t get much better across The Harbour at Folkestone than those from 11 The Stade, a charming Three bedroom Fisherman’s cottage. It’s a mid terrace property which has a gas heating system via radiators, double glazed windows and oak flooring in the living room.

Rare chance to build three houses on Victorian school site in West Bromwich

A rare chance to build three family homes on a former Victorian school site is coming up at Bond Wolfe Auctions’ first auction on 13 March in Birmingham.

Developers are expected to compete for the residential development opportunity at Earl Street in West Bromwich that was once occupied by the Guns Village Primary School, dating back to 1878.

SELLING A PROPERTY ON BEHALF OF SOMEONE WHO HAS PASSED AWAY

When someone passes away, the focus is usually on the immediate practicalities such as the funeral arrangements.  However, if they owned property, this needs to be dealt with as well.  Buying and selling a property belonging to someone who has passed away isn’t much different from a normal conveyancing transaction, but there are still a few things that the parties need to be aware of and the process can take longer.

What If the deceased owed the property with someone else?

Rising Midlands property prices are boosting auctions success

Midland property investors are defying Brexit pessimism and benefiting from the region experiencing the fastest rising house prices in the UK, an expert at Bond Wolfe Auctions said today.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, was speaking after new figures from property website Zoopla revealed Birmingham, Leicester and Nottingham were the country’s first, joint second and joint fourth highest regions respectively for price rises since the June 2016 referendum to leave the EU.

Development opportunities among lots sold in a full day of property auctions

A full day of auctions at Chester Racecourse and the AJ Bell Stadium in Manchester saw a variety of lots – commercial and residential – sold under the hammer by SDL Auctions.

Bond Wolfe Auctions launches March catalogue with over 100 lots

Bond Wolfe Auctions has hit 100+ lots for its first auction in March which will be the largest auction held in the Midlands for six months.

It will feature a diverse range of properties with guide prices ranging from £5,000 to £2.6 million and cover a wide geographical area including London.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “The West Midlands auction market has voted with its feet.

Rare River Thames Pier to be Sold at Auction

A River Thames Pier previously used as a passenger ferry terminal in Gravesend, Kent has been entered for sale at Network Auctions’ February 28th auction with a guide price of £55,000 plus.

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