A portfolio of 31 homes is among the lots being sold by SDL Auctions in its national property auction this month.
With guide prices as low as £5,000+, the properties in the North East will be sold as individual lots on behalf of an international corporate client.
Head of auctions north west Andy Thompson said: “We are delighted that we have been asked to sell this large portfolio of properties during what has been a challenging time for the whole of the property industry.
“We see this as further confirmation of how the company has consolidated its place in the market since launching here
Commercial property investors will have a wide range of choice at Bond Wolfe Auctions remote bidding auction on Wednesday 24 June.
Properties going under the hammer range from an industrial warehouse unit, to a town centre mixed use development, an industrial estate of 11 units and a hotel.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “This will be the first chance our clients have had since lockdown started and there is a variety of opportunities.”
In Tamworth, Unit 4, Bridgeside Trading Estate, Kettlebrook Road, is a modern freehold property on a small, well established
Auction House says that the easing of lockdown restrictions for the property market on 13 May has generated a significant rise in buyer demand.
The UK’s largest property auctioneer reports a surge in buyers for its sales from the middle of last month, with some online livestream auctions attracting over 1,000 viewers.
Founding Director Roger Lake said: “The impact of releasing the property market from lockdown has been remarkable. Our success rates have risen enormously, bidder numbers are high, and the sales prices achieved are strong and often well ahead of expectation. In fact, when
A residential development opportunity with planning permission in Coventry is expected to see competitive bidding in Bond Wolfe Auctions’ remote bidding auction on Wednesday 24 June.
The land at Union Place, Longford, Coventry, extends to 0.16 acres and has outline planning permission for two 4 bedroom detached houses.
The site is next to Longford Baptist Church and within a mix of older and modern residential dwellings, including Longford Bridge Court. It is being offered with a guide price* of £120,000+.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “This is the kind of
Family-sized homes across the Black Country with starting prices as low as £5,000 are going under the hammer at Bond Wolfe Auctions’ remote bidding auction on Wednesday 24 June.
Buyers will be particularly interested in a three-bedroomed, end-terraced house at 2 Prosser Street in the Park Village area of Wolverhampton, which has a guide price* of £5,000+.
Competitive bidding is also expected for a two-bedroomed, mid-terraced house just along the road at 51 Prosser Street, also with a £5,000 guide price.
Both these properties have rear gardens, double glazing and central heating, and they
A well-known hotel close to Birmingham International Airport and the NEC is up for sale at Bond Wolfe Auctions’ remote bidding auction on Wednesday 24 June.
The Heath Lodge Hotel at 117 Coleshill Road in Marston Green, which has been offering smart accommodation since the late 1960s, has a guide price* of £750,000+.
The detached, three-storey property has 23 en suite bedrooms for guests, all well fitted out with flat screen TVs, tea and coffee facilities and wireless broadband, with an additional bedroom currently used by staff.
Ian Tudor, managing director at Bond Wolfe Auctions, said: “
A bumper virtual auction ended another successful month for SDL Auctions, bringing the total raised for sellers during May to £16.2 million. The company has continued to operate successfully during the coronavirus crisis, switching its room auctions to a virtual model and maintaining its online auctions as normal. In May alone, SDL Auctions has taken more than 10,000 phone calls related to auction lots and its website has received more than 2 million page views. Managing director and auctioneer Andrew Parker said: “We’ve been blown away by the support we’ve received from buyers, sellers
Investors demonstrated how quickly they have adapted to the current situation as Acuitus has so far raised £13.355m at its May sale and sold 73% of the lots offered.
Acuitus Chairman, Richard Auterac, comments: “Great credit has to go to our selling clients and investors for the way in which they have quickly got to grips with not only the market but also how to trade through auctions.
“We are the only leading commercial property auctioneer in the UK who continues to offer a live auction experience with a range of bidding options. Even though we offered 22 lots, we still had more than 800
Anyone who has in the last ten weeks wished they had a little more space and a garden will love one of the larger lots in Bond Wolfe Auctions’ remote bidding auction on Wednesday 24 June.
Church Garth is a six bedroom detached family home set in three acres in St Peters Lane, Bickenhill, near Solihull.
Jonathan Hackett, a consultant director at Bond Wolfe Auctions, said: “Church Garth is what used to be known in Victorian times as a ‘gentleman’s residence’.
“It is a substantial detached house set in extensive grounds accessed by a sweeping driveway from St Peters Lane.
Network Auctions showed they really do sell properties with ‘No Reserve’ when a parcel of land sold under the online hammer at just £51 in their 21st May auction. The land situated at Meadow Way and Orchard Way, Reigate, Surrey comprised 0.62 acres of highway, paths, verges and part of a roundabout in the popular residential areas.
The auctioneer’s addendum was a note of caution for any would-be bidders: ‘We are advised by the local authority highways department the title comprises land that is publicly adopted, buyers should make their own enquiries in this regard.’
But plucky bidders