Investors were undeterred by the possible ramifications of the eviction moratorium being lifted last week and continued to target retail assets at the Acuitus commercial property auction on March 31st. The sale raised a total of £22.09m of which 70% was invested in retail property.
Acuitus Chairman, Richard Auterac, commented: “The lifting of the commercial property eviction moratorium was another milestone in the transition from the massively disrupted market that prevailed throughout successive lockdowns.
“It remains to be seen what fall-out this may yet still have but from
Network Auctions latest online auction on 17 March, showed a surprising turn of events: two challenging leasehold properties broke all expectations and sold well beyond guides and expectations.
The sale, which raised £4.8 million and a success rate of 75%, saw a variety of lots go under the hammer, including a car park in Aylesbury which sold for £275,000 (upper guide).
But the standout lots were two leasehold properties located over 140 miles apart.
Pembridge Close, Hereford is a two-bedroom ground floor maisonette with a private garden. Described as needing ‘cosmetic refurbishment’
Almost 4,000 bidders registered for this month's (Wednesday 16 March 2022) Auction House London livestream sale with no sign of slowing demand from buyers.
91% of lots offered were sold raising more than £28m (£28,446,900).
Auctioneer and Director of Auction House London, Andrew Binstock said: “I obviously can't predict the future but the appetite for auction stock is still very much present. How long that continues I've no idea but bidder numbers remain very high with 3,938 approved across our livestream auction, so the signs for 2022 are good for the time being. We saw
Period properties are proving popular this month as SDL Property Auctions launches their March Catalogue featuring over 200 lots from across the UK.
Melbourne House in Derby City Centre (pictured) presents a great opportunity for anyone on the search for a substantial project to get stuck into. With Grade II listed status, this late Victorian Gothic style villa sits on a large plot of approximately 0.37 acres and would make a fantastic purchase at its guide price of £595,000+ (plus fees).
Managing Director and Auctioneer Andrew Parker said: “This really is a rare opportunity to
Bidders seeking a residential bargain are expected to be competing for a range of houses across Nottinghamshire appearing at Bond Wolfe’s next livestreamed auction on Wednesday 30 March.
There is a tempting guide price* of just £20,000+ for a two-bedroomed, semi-detached house at 15 Gladstone Street in Worksop (pictured).
It stands flush to the pavement with two reception rooms and a kitchen downstairs, a landing leading to two bedrooms and a bathroom on the first floor, and an attic room on the second floor.
This vacant, freehold property has gas central heating
A former Nottingham police station is set to go to auction this month with plans to transform the building into high spec residential apartments overlooking the city’s Park Estate.
The former Canning Circus Police Station, located on Derby Road just minutes from Nottingham city centre, already has full planning permission to create eight luxury residential units with a mix of one, two, and three-bedroom apartments.
With an estimated Gross Development Value (GDV) of £3 million and a guide price of £550,000 plus fees, the lot could provide a dream purchase for any
With the new series of Bridgerton coming to Netflix on Friday 25th March, we’ve tracked down the perfect binge-watching location that could be straight out of Lady Whistledown’s Society Papers – any budding Daphne Bridgertons should be sure to apply within.
On behalf of Nestseekers – East Midlands, SDL Property Auctions is selling The South Wing of Clifton Hall, a Grade I listed building with history dating back to the Domesday Book. It is thought to be one of the most outstanding listed buildings in the area, nestled within the charming Clifton Village.
Stepping foot into
An historic canalside property in inner city Birmingham is bound to attract keen bidders at Bond Wolfe’s next auction later this month.
The former lock keeper’s cottage at 79 Deykin Avenue in Witton is a grade II-listed building and it is listed with a guide price* of £135,000+ in the livestreamed auction on 30 March.
James Rossiter, an auction valuer at Bond Wolfe, explained that the detached freehold building on the Tame Valley Canal has three bedrooms, and is being sold with vacant possession.
Mr Rossiter said: “This is a characterful building with frontages onto
Auction House believes activity within the property market will remain strong in the coming months, despite the global uncertainty caused by Russia’s invasion of Ukraine.
The UK’s biggest property auctioneer says that traditionally, in times of world upheaval, people invest in property rather than in the stock market.
Managing Director Jeremy Prior explained: “Of course the first thing to say is that our hearts go out to the Ukrainians and the horrific suffering they are currently going through. All of us want to see a speedy and safe resolution to the conflict, and an
A deceptively spacious former restaurant in the popular Worcestershire town of Upton upon Severn is coming up for sale at Bond Wolfe’s next auction later this month.
The Grade II-listed freehold property at 20 Church Street has been listed with a guide price* of £100,000+ in the livestreamed auction on Wednesday 30 March.
Most recently trading as Pasty World, the property has total space of approximately 1,355 sq ft with a dining area for around 40 covers, although it could be suitable for a variety of alternative uses, subject to planning permission.