Second summer smash for SDL Property Auctions
Summer may traditionally be quiet for the property market but not for SDL Property Auctions – which has broken the record for the biggest August property auction in the UK for the second year running.
The UK’s most successful live-streamed property auctioneer is gearing up for another bumper National Property Auction on Thursday 26th August after launching its latest interactive digital catalogue, featuring more than 200 lots.
For buyers it will be the last chance to secure a property before the final reductions in stamp duty holiday rates are lifted. The nil rate band which currently applies to properties up to £250,000 will return to the standard amount of £125,000 for properties which complete in October onwards.
Managing director and auctioneer for SDL Property Auctions, Andrew Parker said: “Summer will be over before we know it and stamp duty will return to normal. However, there is still time to beat the stamp duty holiday deadline as, thanks to the speed and efficiency of auction, properties sold in our August live-streamed auction will complete before the end of September.”
Among the houses with *guide prices which fall within the stamp duty holiday threshold are two pretty character cottages in South Derbyshire.
On the outskirts of the village of Etwall with beautiful views to the front, the beautifully presented 1 Milton Terrace in Willington Road would be an ideal purchase for a first-time buyer with two double bedrooms, driveway parking and a guide price of £137,000+. The cottage has been modernised for 21st-century living while retaining traditional features including wooden flooring, a feature fireplace and wooden doors.
In nearby Findern, a double-fronted period cottage close to the village green is offered for sale in partnership with Hannells with a guide price of £200,000+. Well presented throughout, 5 Main Street features a spacious lounge with log burner, separate dining room, fitted farmhouse kitchen, three bedrooms and a low-maintenance courtyard garden with useful outhouse.
Andrew said: “These are both beautiful cottages which are packed with kerb appeal and are sure to prove popular with bidders. They are prime examples which show how auctions have evolved to embrace a much wider variety of properties, including smart family homes.”
House-hunters seeking a character cottage in the West Midlands will be drawn to Church View, Swan Lane in Upton Warren, Bromsgrove. The one bedroomed semi-detached property is in an idyllic location backing onto open fields and features beamed ceilings and an inglenook fireplace for maximum cottage appeal. A detached garage provides the opportunity for conversion to a home office or additional bedroom, subject to planning permission. It has a guide price of £178,000+.
Further north, a period property in Manchester provides the opportunity to beat the stamp duty holiday deadline. With a guide price of £150,000+, 55 Worsley Avenue is a well presented semi-detached house offering spacious accommodation throughout, including a spacious living room, a fully integrated kitchen with an open-plan dining room space, and four double bedrooms. With a large private rear garden and a location close to schools and amenities, it would make an ideal family home.
Andrew said: “We have some absolutely stunning homes going under the hammer in our August National Property Auction, busting the myths that auctions are just for a certain type of property. As well as investors looking to add to their portfolio and developers seeking their next project, we also cater for private buyers looking for a new home. It’s going to be an exciting day and we look forward to getting excellent results for both buyers and sellers.”
These are just a small sample of the 200+ properties for sale in the Thursday 26th August National Property Auction held by SDL Property Auctions, the UK’s most successful live-streamed auctioneer. Bids can be placed online, on the phone and by proxy. To register to bid click here, or for information about any of the properties click here or call the team on 0800 046 5454.