Property investors with an interest in all things crime could be in luck as a former Derbyshire police station is set to go to auction on Thursday 30th June with SDL Property Auctions, providing a unique opportunity for residential renovation.
The former police station in Shirebrook on Central Drive is a detached two-storey building with a large car park to the side and rear which could be prime for extension, subject to obtaining planning consent.
Entering the building, the property retains the bulk of its original features while in use as a police station including
Auctioneers at Auction House London say many people are watching the market carefully and only registering to bid for property at the last minute as seen in its recent sale (Wednesday 25 May 2022).
Auctioneer and Director of Auction House London, Andrew Binstock said, “One third of all bidders who registered with us for our auction this time, did so just 24 hours before we started. The market is still hot, but people appear to be hanging back until the last minute before they commit. Once again, we smashed it with 92% of all properties sold, raising more than £28m, so we are delighted
The UK’s leading property auctioneer Auction House is reporting a 13% rise in the number of lots sold this year compared to 2021 but warns that there are indications the property market may be starting to tighten.
The auction group has successfully sold 1,606 properties from 1,957 so far offered in 2022, which represents an impressive success rate of 82%, and has raised a total sum of £251,207,038 in the process – the first time in the company’s 15-year history that the £250m milestone has been exceeded within the first five months of the year.
Commenting on the results
Sutton Kersh latest auction news:
There has been a lot of speculation around the property market this month after the rise in interest rates and strain on many with the increases of cost of living & energy bills. Despite this uncertainty there still seemed to be a demand to invest in properties. This was highlighted with Sutton Kersh Auctions selling 35% of their Lots prior to auction day, which totalled just over £3.9 Million.
The auction itself saw multiple bidding wars and resulted in the team selling a total of 82% of Lots offered equating to a sales value of £8.2 Million pounds.S
The month of May saw SDL Property Auctions help secure the sale of all kinds of homes – past, present, and future – for sellers from across the UK, including everything from small-scale renovation projects to gothic Victorian villas, raising over £16m in the process.
One of the most anticipated lots on the day was 96 Osmaston Road in Derby (pictured), a Grade II listed property in a prominent location in the city. Currently boasting 12 bedrooms, with ample space to increase this with the necessary consents in place, the property has an abundance of potential. After going under
The Acuitus auction on May 18th highlighted the depth of investor demand for commercial property investments as it raised £23.909m from the sale of 94% of the lots offered on the day. The average price of the lots sold was close to £900,000 with a third of the properties achieving prices of more than £1m.
Notable among the lots sold was a freehold light industrial investment with redevelopment potential in South Norwood, London. Offered on behalf of Receivers and guided at £1.2m-£1.3m, the 15,234 sq ft property on a 0.25-acre site in Weaver Walk SE27 eventually sold for £2.02m at a yield of
Rory Daly, Auctioneer and one of the founders of SDL Property Auctions, sadly passed away on Friday 20th May, after a long and brave battle with illness.
Rory had more than 30 years’ experience as an auctioneer in the property sector and was CEO of CPBigwood prior to its acquisition by the SDL Group in 2015. SDL Group then acquired Graham Penny Auctions the following year and created SDL Property Auctions.
During this time, Rory was known to be a champion of all things, and all people auctions – in his own words: “Auctions and I suit each other. We’re both very similar –
A Grade II-listed Chapel with history dating back to the early 1800s is to be sold at auction, giving budding renovators the chance to live in a truly unique house in the Cheshire countryside.
On behalf of Wheatcroft and Lloyd, SDL Property Auctions is selling Minshull United Reform Church, a Grade II-listed building recorded in the National Heritage List, which was built in 1806 and goes back to the time of Oliver Cromwell.
The property, on Eardswick Lane, Minshull Vernon, is nestled in between many of the towns and villages south of Cheshire, including Winsford, Crewe and
FOR AUCTION THIS WEEK:
A historic former mill in Batley with approved planning permission for 20 apartments and a wine bar is due to go under this hammer later this month with a guide price of £140,000.
The mill is said to be haunted, after staff working in the building reported ghostly happenings, and was recently featured in an episode of Channel Five’s paranormal investigation series Ghost Dimension. The former mill will included in Pugh's upcoming online property auction on May 25th.
Kirklees Council has given planning permission for the building to be redeveloped into 12 one
With everything from small parcels of land to large scale investment sites featuring in SDL Property Auctions’ May catalogue, which features over 180 lots from across the UK, there’s sure to be options for all buyers in this month’s auction.
In the Jewellery Quarter in Birmingham, 9-10 Great Hampton Street presents a great opportunity to acquire an income generating property in a prime location, and has a guide price of £2,500,00+ plus fees. Set out over 14,000 sq. ft., the property currently generates £51,620 per annum in rental income while part let, with the potential to