Auctions
News covering residential property auction activities and the companies who offer auction services to estate agents, property investors and landlords.
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Paul Fosh – support for homelessness
Newport property auctioneer and extreme athlete, Paul Fosh, successfully lead a team to conquer the Three Peaks of Wales Challenge for homelessness charity, Llamau.
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2nd summer smash for SDL Property Auctions
SDL Property Auctions has broken the record for the biggest August event in the UK for the second year running.
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Highways to hope?
A collection of highways, paths, verges and parcels of land in St Alban’s has been sold by Network Auctions for 690 per cent over the auctioneer’s guide price as demand soars.
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Lots of talent
Newport-based Paul Fosh Auctions, which is celebrating 20 years in business, has appointed four key individuals to its team as it continues to benefit from taking its auction business totally online.
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Auction House reports surge in landlord buying via online events
Director Andrew Binstock, says properties in need of improvement and with potential are being snapped up in a market which shows no signs of cooling down.
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Packed full of potential
Clive Emson’s fifth auction of eight this year saw 111 lots listed across southern England with guide prices ranging from £1,000 to £1.4m and several with planning permission for residential units. Among the development opportunities is a former pub with planning permission for residential guided at £300,000- £320,000. With sweeping views across the Weald of Kent, The Clothworkers Arms is located at the village of Sutton Valence, near Maidstone. There’s also a 0.75-acre plot of land in the village of Cuckfield in West Sussex, with panoramic views of the South Downs and surrounding countryside, with planning permission for a five-bedroom house with a double garage (guided at £400,000- 450,000). In Seaford, East Sussex, a former care home with planning permission for conversion into two houses and three flats, has an estimate of £700,00-£750,000. Instructed through power of attorney is a pair of “attractive” semi-detached houses on 1.72 acres in village of Swanley, Kent. Both properties require improvement and refurbishment and together, have a guide price of £800,000-£810,000. In the West Country, a three-bedroom Orchard Cottage near Redruth, Cornwall, in an “idyllic and tucked away location”, is guided at £275,000+ and a semi-detached clifftop house, with “stunning sea views” at…
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Escape to the Chateau
A breathtaking neo-Gothic chateau in the Loire Valley, France, went under the hammer in an event being hosted by luxury auction platform, Concierge Auctions.
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Outlandish acre goes for 4,500% above guide price
One acre of obscure freehold land in Catford, London, sold for a whopping £230,000 against a £5,000 guide price in Network Auctions’ May sale.
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Halfway house
As Clive Emson reaches the halfway point of its annual calendar, the auction house is reporting a 75 per cent success rate in June, raising more than £20m in sales.
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First-time-buyer’s £15k dream?
On initial glance, you’d be forgiven for thinking this terraced property in Bradford is a bargain at £15k+...
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