Blogs

A full day of auctions at Chester Racecourse and the AJ Bell Stadium in Manchester saw a variety of lots – commercial and residential – sold under the hammer by SDL Auctions.

Bond Wolfe Auctions has hit 100+ lots for its first auction in March which will be the largest auction held in the Midlands for six months.

It will feature a diverse range of properties with guide prices ranging from £5,000 to £2.6 million and cover a wide geographical area including London.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “The West Midlands auction market has voted with its feet.

A River Thames Pier previously used as a passenger ferry terminal in Gravesend, Kent has been entered for sale at Network Auctions’ February 28th auction with a guide price of £55,000 plus.

A smart, penthouse pad on the canalside in Bilston is one of the star attractions in Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13th March.

A fire-damaged Grade II farmhouse of ‘historical interest’ is to go under the hammer this month with MARK JENKINSON.

Spout House is thought to date from 1545 with additions in 1678 and a cottage built prior to 1423 as well as a large stone cow shed, all of which are set in a freehold site of approximately 1.30 acres of land.

An increasing number of West Midlands local authorities charging Council Tax “empty property premiums” of up to 300% could focus minds on quick sales by auction, Bond Wolfe Auctions has predicted.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, was speaking after Birmingham, Walsall and Solihull councils all started to take advantage of new laws which will enable them to increase the premiums.

If you are the landlord

Yes, that is correct. If you are the landlord of a commercial lease and your tenant has breached a covenant, you do not have the automatic right to re-enter the premises and take physical possession of them.  However, a well drafted lease should include a re-entry provision, in which case you can take the property back.

Black Country homes with guide prices as low as £5,000 are likely to see a packed room of bidders at Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13 March.

A variety of lots including two, three and four-bedroom homes, from penthouse apartments to detached houses, are set to attract both house-hunters looking for a bargain and investors building up property portfolios.

A church in Doncaster that sold for nearly three times guide price and flats in Sheffield that went for the highest bid of the day drove MARK JENKINSON'S busy first auction of the year.

Their £2.4million auction was one of the first sales of the year nationally and the first in the region, with a 'huge response' for the redundant chapel building in Warmsworth, Doncaster, which attracted more than 100 enquiries.

PROPERTY INVESTORS keen to expand buy-to-let portfolios will be attracted by six flats on the same road in Birmingham at Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13 March.

The three sets of two self-contained flats in converted Victorian terraced properties are at 19, 21 and 39 Crompton Road in Handsworth, and each lot has a guide price* of £50,000+.