Blogs

Scores of new properties are pouring in for Bond Wolfe Auctions’ first auction of

If you are buying, or have bought a residential lease, it will be for a specific period of time, which i

f you’re a landlord who has been reading the news lately, you’d be forgiven for questioning your choice of career, explains Carl Finch, Senior Valuer at SDL Auctions Graham Penny.

With tax advisers urging landlords to sell up (The Daily Telegraph), almost a quarter of landlords planning to reduce their portfolios (Rightmove) and a landlord exodus (The Negotiator) – to highlight just a few recent headlines – you may be wondering if now is the time to take a break from property ownership.

Bond Wolfe Auctions has smashed the record for the most lots ever sold in a Midlands auction.

The December auction held at Aston Villa FC on Wednesday 11 December saw 151 lots sold from the 159 offered – a staggering 95% success rate, the highest sale rate for a Midlands auction for 15 years.

Another packed auction room, with over 2,000 in attendance throughout the day, saw over £15.2 million raised.

First off the block was Lot 1, the former Old Hill police station sold on behalf of West Midlands Police, which sold for £250,000.

Network Auctions finished the year on a high with their second biggest ever sale raising a total of £5.5 million and a sales

Hello everyone!  Just to let you know that this is the final week of auctions for this year.  New catalogues for 2020 will start to be released from mid January onwards.  There are still unsold lots in our database (as well as the properties under the hammer this week), so you might still find that dream property before the year is out!

The UK’s largest property auctioneer is reporting an improved success rate in November, despite the distraction to the sector caused by Brexit and the General Election.

The group sold 154 lots from 211 offered during the month, at a success rate of 73% - up from 71% in November last year – and raising over £11.5m (£11,596,450) in the process.

Charlie Powter from ACUITUS looks at the growing appeal to investors of retail parades and the asset management opportunities they provide.

On the face of it, parades of local shops in secondary locations might not seem attractive investments but they are becoming increasingly attractive to buyers in the auction room.

A chalet-style detached property tucked away on the edge of Hucknall proved to be the star of the show at SDL Auctions Graham Penny’s sixth Nottingham auction of the year at Nottingham Racecourse last month.

Despite requiring full renovation, 71 St. Marys Way in Hucknall sold for £166,500 from a guide price of £75,000+.

The sale of a plot of land is an excellent opportunity to build seven new homes in the Derbyshire Dales with views across the Ecclesbourne Valley.