A former bank in Uttoxeter, Staffordshire, drew interest at the latest SDL Auctions Bigwood sale.
Auction house raises a total of £28m from its five-day autumn auction series
Digital auction house BidX1 has held its most successful UK online auction so far, raising £11.4m.
Ground-floor Korean restaurant with two-storey flat above in New Malden sells for £526,000
65% of lots find buyers at Auction House London’s largest sale to date
Hesitancy has prompted a spate of withdrawals and post-auction deals
BidX1’s next online auction on 31 October comprises 61 residential and commercial lots.
Irish digital auction company continues global expansion with strategic joint venture.
Acuitus raised £46.25m at its latest auction with a success rate of 77%,
Strettons raised £9.3m from its October sale, with a success rate of 60% including post sales
Largely vacant office tower that attracts a large empty rates bill sold for just £20,000
Sales post event push the success rate from 71% to 75%
‘Uncertain economic and political climate’ hits number lots offered and total revenue
Online platform uses Blockchain and AI to replicate ballroom auction experience
Morrisons seeking to capitalise on demand for drive-through properties at 19 October sale
Grade II listed building in Southsea has been turned into 23 flats and a shop, producing £180,000 pa
County Heights block produces income of £153,840 pa from 19 of the flats, which are let on ASTs
Pollen Street’s Lindsay McMurray explains why her firm is investing in online auction firm BidX
800-space car park let to Sure Parking until 2024 will be guided at £4.5m
Auctioneer reports healthy trade in high-value lots.
A single vendor sold nine buy-to-let properties for close to £1m at the latest Loveitts auction
Auction activity in the traditionally quiet month of August totalled £77m
Andrews & Robertson sold less than half of lots offered at its 20 September auction
Regional auctioneer SDL Auctions has seen further growth in demand for auction services from estate agents with 500 branches now partnering with the firm, as the UK private treaty market grapples with faltering transaction levels.
Barnard Marcus sold 54% of lots offered at its 17 September sale at the Grand Connaught Rooms, WC2, raising £18.6m.
A freehold terrace of 11 three-storey houses in London, E1, sold for £7.5m at Allsop’s residential sale last week
Principal Real Estate Europe raised more than £3m through its second online commercial auction with Allsop this week
A freehold terrace of 11 three-storey houses in London, E1, sold for £7.5m at Allsop’s residential sale yesterday (13 September).
Allsop, the UK’s largest commercial auctioneer, has reported strong half-year sales figures of £320.5m, down only 10% on the previous year’s £357.8m amid high street woes and ongoing Brexit uncertainty. The firm sold 523 properties in H1 2018 compared with 562 properties in H1 2017. The 82% success rate for H1 2018 was only slightly […]
The latest Savills catalogue offers 15 lots priced at £1m and above, suggesting that vendors may be feeling more comfortable with the market than earlier in the year.
Investors with a nostalgia for Grantchester, the Cambridgeshire village made famous by Rupert Brooke’s 1912 poem, could snap up a bargain at the next Cheffins auction on 19 September.
A freehold terrace of 11 three-storey houses in London, E1, will go under the hammer at Allsop’s first residential sale after the summer break
The owner of a grade-A office block on a business park in Peterlee, County Durham, has decided to risk the vagaries of the UK property market by placing his building at auction with no reserve.
Fund manager Principal Real Estate Europe has instructed Allsop to hold a second online auction of retail property owned by Local Shopping REIT
Most of the auctions market took its usual August holiday, but there were still pockets of activity, with sales continuing predominantly in the regions.
Essential Information Group reports only 132 auctions held across the UK last month – 12 fewer than last year and 36 fewer than in July 2016
Lambert Smith Hampton’s entire property auction team has left the business. The highly regarded team of six led by national head of auctions Oliver Childs is expected to launch a new auctions business. LSH meanwhile is understood to be committed to further growing the online auctions business developed by Childs’ team, while pulling back on […]
A former residential care home with 20 bedrooms in the Lozells area of Birmingham attractetd fierce bidding at SDL Auctrions Bigwood’s sale last week, finally selling for £1.14m from a £400,000-plus guide price.
Allsop raised more than £38m with a 77% success rate at its July residential sale, down from £52m on last year’s figure.
Andrews & Robertson raised £5.4m from its latest auction, achieving a 72% success rate.
Barnett Ross saw strong appetite for commercial lots at its sale last week, selling 90% of its catalogue to raise just over £10m.
June proved to be a challenging month for the auction sector, with overall lots offered down by 19.5% and lots sold down by 23.1%
An rarely available unbroken parade of seven lock-up shops, seven flats and four lock-up garages in Muswell Hill, N10, will go under the hammer at Savills’ next sale on 24 July
Strettons’ July auction witnessed the same cooling of the market reported by other auction houses over recent weeks, selling 56% of its catalogue.
Digital auction house BidX1 raised £2m from its latest UK auction, but posted a disappointing 46% success rate
A round-up of news from this week’s sales
Acuitus sold £37.3m of commercial property at auction yesterday in its largest sale of the year to date and notched up an 80% success rate
The headline lot at Cheffins’ latest sale was a mixed-use investment in central Cambridge, which sold for £885,000 against an upper guide of £700,000
A consortium of three private investors has instructed Lambert Smith Hampton to sell a former hotel in Chesterfield, Derbyshire, in an online auction with a “reserve not to exceed” £1.5m.
Receivership lots, surplus banks and local government stock found buyers at LSH’s sale, but refurbished mixed-use high street lots and vacant shops struggled to sell.