Lottie Bids's blog

Sales for Auction House London hold strong for the first quarter of 2019

Buyers are continuing to pack into Auction House London sales, with last month’s auction being no exception (on Tues 26 March 2019).

Buyers look beyond politics as April auction raises £28m

The April Acuitus commercial property auction raised £28m from the sale of 79% of the lots offered as buyers looked beyond the political deadlock surrounding the UK’s exit from the EU.

Auctioneer, Richard Auterac, commented: “Investors are drawn to commercial property predominantly for the sustained strength of its income return, and what we saw today was confidence in the sector to go on delivering that regardless of the short-term political situation.

Refurbishment properties to be given a new lease of life

Refurbishment properties once again proved popular with bidders at the SDL Auctions Cheshire and North Wales auction at Chester Racecourse.

Investors and developer appreciated the opportunity to add value to terraced homes in particular.

Bond Wolfe Auctions wins prestigious Birmingham City Council contract

Bond Wolfe Auctions, the UK’s newest auction business, has won the contract to handle the disposal of Birmingham City Council’s surplus property and land assets.

The appointment will result in a number of lots being offered at auction with many already confirmed for the Thursday 9 May sale including a detached house in Fentham Road, Erdington, and a parcel of land in Runcorn Road, Sparkbrook.

Market confidence shown at Cheffins property auction

The first property auction of 2019 saw an 82 per cent sale rate and strong prices achieved on Wednesday 13th March.

Barns with development potential saw some of the most active interest on the day, including a 17th century Grade II listed barn set in four acres in Great Yeldham, near Toppesfield, Essex, which sold for £160,000. Similarly, a detached agricultural barn offered in Fenstanton, near Cambridge, with planning permission for conversion into two large residential dwellings made £294,000.

Local Merseyside auction house posts record figures in 2019

SUTTON KERSH is challenging the notion of Brexit spelling bad news for business by posting record figures in 2019.

With a national stagnation in 2016 property sales, following the EU referendum, it’s no surprise that auction houses across the country were sceptical about how the deal or no deal decision would affect their business. Moving into most recent developments, a no-deal Brexit has once again created a degree of uncertainty in the industry.

Penthouse plans for Selly Oak water tower

An historic Birmingham landmark could become home to a spectacular rooftop penthouse as well as three luxury apartments after it was purchased at Bond Wolfe Auctions’ inaugural sale at Villa Park.

The locally listed former water tower, which was built in 1902 and previously formed part of Selly Oak Hospital, already has planning permission for conversion into three apartments.

Art deco tower will appeal to developers with lofty ambitions

Bids are expected to flood in for a building known as the Water Tower near Newark, with planning permission for conversion to apartments.

The iconic art deco building, in Goldstraw Lane, Fernwood, is due to be sold by SDL Auctions Graham Penny at Nottingham Racecourse on Tuesday 9 April, with a *guide price of £130,000+.

Common Plumbing Mistakes (and How To Avoid Them)

That dripping tap that keeps you up at night. The running toilet that echoes through the house. A leaky faucet that floods your kitchen counter. All of these common plumbing issues might have you reaching for the phone to call a professional, but hold up. Could you fix these problems on your own?

Three brothers buy Black Country house at Bond Wolfe Auction

Three entrepreneurial brothers have bought a Black Country house at an auction in Birmingham as their first venture in property development, with the help of Bond Wolfe Auctions.

Taylor, Harvey and Austin Gardener-Newman got the property bug after helping to build their parents’ house in the East Midlands.

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