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Half-year results up yet again at Auction House

Auction House, the UK’s biggest property auctioneer, is reporting impressive half-year results for 2018, with the number of lots sold up 3.8% on the same period in 2017.

Between January and June the group sold 1,571 lots from 2,096 offered – a success rate of 75% and raising nearly £200m (£197,657,900) in the process. During the first six months of last year the group sold 1,516 lots from 2,020 offered (also a 75% success rate) and raised £182.8m.

Developers showing interest as garden centre is put on market

A family-run garden centre which is coming to the market for the first time since 1966 is one of the focal points of SDL Auctions North West’s July auction in Manchester.

Garsides Garden Centre is in a prominent location at 2-14 Oldham Road in Failsworth and is being sold due to retirement and is expected to attract interest as a potential development site.

Preview of July Property Investment Opportunities at Auction

Harrogate and North Yorkshire estate agent and independent professional property partnership FSS' auctioneer, Richard Smailes, offers his insight into the lots on offer ahead of the July 19 event at Pavilions of Harrogate.

 

What are investors looking for?

Former care homes star in SDL Auctions Bigwood’s Birmingham auction

Two former residential care homes are both expected to attract competitive bidding in the next SDL Auctions Bigwood auction at Aston Villa FC in Birmingham on Wednesday 18 July.

One of these is a four-bedroomed detached bungalow at 210 Little Sutton Lane in Sutton Coldfield which until recently was used as a care facility, with a *guide price in excess of £500,000.

Cute cottage at beautiful Worcestershire canalside spot

A rare opportunity to buy a cute canalside cottage in a beautiful Worcestershire spot is coming up in the next SDL Auctions Bigwood auction in Birmingham on Wednesday 18 July.

The unusual lot is called Halfway Lock Cottage and is based at Lock 40 next to the Worcester and Birmingham Canal on Upper Gambolds Lane in Stoke Prior, near Bromsgrove.

Attractive family homes help raise more than £1.3 million at Nottingham auction

A range of attractive family homes caught the eyes of keen bidders at SDL Auctions Graham Penny’s Nottingham auction earlier this week, raising a total of more than £1.3 million.

The highest price was gained for a detached four bedroomed house currently let at £7,560 per annum at 4 Aspen Court in Tuxford, near Newark, which sold for £154,000 from a guide price of £140,000+.

Acuitus auction July 11th offering 91lots generating income of close to £5m

With guide prices from £50,000 to £2.5m, the auction will feature properties entered lots from Wesleyan Assurance, Mapeley, The Co-operative Bank, Aviva Investors, M&Co, Canal & River Trust, Waitrose and Orbit.

Among the prime freehold retail investments being offered is 23 Bridge Street in Stratford-upon-Avon. Let to The White Company and producing £147,500pa, the lot is being offered with a guide price of £2.3m-£2.4m.

Top 9 tips for securing that Mortgage in 2018

Leading North West Auctioneer, Edward Mellor provide their top 9 tips to help you get the mortgage you want:

If you’re thinking about how to get a mortgage, you should be aware of the factors that affect your eligibility. These include: credit score, length of time in current job, current debts, whether you’re self-employed and the size of your deposit. Our top tips for 2018 will allow you to put yourself in the best position to make the most of securing your mortgage this year.

1. Your Credit Score matters

Round of Applause at Symonds & Sampson Auction

SYMONDS & SAMPSON held the first of their June auctions in Sherborne where 15 lots went under the hammer.

Auctioneer Mark Lewis said “We had a great mix of commercial properties, building plots, development opportunities and land throughout Dorset and South Somerset but one lot was a stand out.

Check in to a Lytham St Annes hotel at SDL Auctions North West’s July auction

Ever fancied owning and running your own hotel? The chance to buy a 23 bedroomed hotel in Lytham St Annes comes at SDL Auctions North West’s July auction.

Elsinghurst Hotel at 34 Derbe Road in Lytham St Annes is located just off the seafront in the popular seaside resort on the Fylde coast of Lancashire, south of Blackpool on the Ribble estuary.

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