A 165-year-old former church in the Scottish Borders is among the stand-out properties coming up for sale at Bond Wolfe’s next auction on Wednesday 20 October.
The property needs extensive repairs and renovation and so is listed with a guide price* of just £30,000+ which is set to attract investors and those looking for a passion project requiring imagination and building skills.
The former Erskine Parish Church at 9 High Street, in the small town of Langholm in Dumfries and Galloway, was once the community’s North United Presbyterian Church.
Built in the Gothic style
An impressive property in Worcester that’s already drawing nearly £19,000 rent and has huge development potential is coming up at Bond Wolfe’s next auction on Wednesday 20 October.
The lot at 24-25 The Tything is located opposite the renowned RGS Worcester School and has a guide price* of £395,000+.
It includes two self-contained retail units on the ground floor bringing in rents of £10,800 and £7,500 per annum respectively, plus another £600 a year coming from a licensed parking space.
Upstairs is currently vacant accommodation of four offices, a kitchen and
Auction House London is considering whether to bring its sales back into the auction room in the near future.
Auctioneer and director of Auction House London, Andrew Binstock says that any decision to move away from livestream sales – which have been the only method of buying and selling during the pandemic – will have to be carefully considered.
He explains: “Livestream sales have been a spectacular success – more than we could have imagined. We have had some of our highest sales figures during Covid and we’re seeing three to four times the number of people engaging with our auctions as
A popular shop with six residential rooms above and behind is in a mixed-use property coming up in Bond Wolfe’s next auction on Wednesday 20 October.
The fully let, freehold building at 34 Port Street in Evesham is bringing in total annual rents of £41,400 – representing a healthy yield of more than 12 per cent, if based on the £320,000+ guide price*.
The property is fronted by a self-contained tattooist called Full On Ink, rented out at £9,600 a year until the end of March 2023.
A coach house behind and five rooms above the shop bring in additional annual rents
Three properties in the West Midlands bringing in annual rents of nearly £93,000 are up for sale with Bond Wolfe for a combined guide price of £1,495,000.
The Birmingham-based agents are acting for the same vendor in seeking buyers for the portfolio of modern, purpose-built blocks with a total of 15 self-contained apartments across the three sites. They include:
- Coppice Court (pictured), at 57 Coppice Road in Walsall Wood, where five apartments are producing £32,940 rents per annum.
- Heath Street Mews, on Heath Street, Hednesford in Cannock, where four apartments are producing £23,760
Sutton Kersh's first auction of the final quarter of the year saw over 500 bidders registered and 80% of properties listed sold, with a total sales value of over £11.5 million. The team offered 96 lots on the day after selling over £3.1 million worth of property prior to the actual online event.
Lot 1 received an exceptionally high amount of interest; a three-storey end-terraced property in the heart of Woolton Village, L25, comprising of a ground floor café together with a three-bed flat above over the first and second floors. It had a guide of £215,000 and sold for £340,000. Lot 7, a
A prominent Grade II listed retail property in Tewkesbury High Street will be one of the main commercial property attractions in Bond Wolfe’s next auction on Wednesday 20 October.
The freehold four storey mid-parade building at 152 High Street will be offered with a guide price* of £175,000+.
The property is being sold vacant and freehold and offers a ground floor retail unit with offices and storage on the three further upper floors.
James Mattin, managing director agency at Bond Wolfe, said: “The property occupies a prominent position along the main High Street in
Latest £130m running total means Bond Wolfe’s property auctions already beating last year
Bond Wolfe’s property auction sales have reached nearly £130m so far in 2021, already more than 2020’s total but with two more auctions still to come this year.
The UK’s leading regional property auctioneer’s fast revenues growth comes after another £21.9m of sales in its latest auction yesterday, when 180 lots were sold out of 191 offered – a 95% success rate.
And despite the end of the stamp duty holiday, interest in the auction remained high, with 478,660 website page views, 137,003
Auction House, the UK’s biggest property auctioneer is considering whether to bring its sales back into the auction room in the near future.
Managing Director Jeremy Prior says that any decision to move away from either livestream or online sales – which have been the only method of buying and selling through the group during the pandemic – will have to be carefully considered.
He explains: “Livestream sales have been spectacularly successful for us – even more so than we could ever have imagined. Not only have our success rates gone up, but we are seeing three to four times
Dominating the property auction market this summer is SDL Property Auctions which offered a quarter of all auction properties in the UK during August.
Traditionally a quiet period for the industry, August was anything but for the company, which held the month’s biggest property auction in the UK for the second year running.
Managing director and auctioneer Andrew Parker said: “We are thrilled to be responsible for one in four of the nation’s auction properties this month and feel this big market share is a strong sign of the trust people place in SDL Property Auctions to