8th July 2020
Auctioneer continues to thrive with nationwide entries flooding in
Hot on the heels of a busy month which saw SDL Auctions claim the honour of being the UK’s most successful live-streamed property auctioneer*, entries are already flooding in for July’s auction.
Sellers all over the country are putting their properties in the capable hands of SDL Auctions after seeing how the company has not just survived but thrived during lockdown, raising more than £55 million for sellers in 100 days.
Managing director and auctioneer Andrew Parker said: “The property industry as a whole is reporting that business is only now beginning to pick up after lockdown measures were eased. However, I’m delighted to report that, for SDL Auctions, business has remained buoyant throughout the crisis.
“I’m sure this is because we have maintained consistency, keeping our auctions running when people need them most and providing a valuable service to both private sellers and estate agents. This has enabled us not just to sustain our business but to grow, attracting sellers from a much wider geographical area and getting great results for them, too.”
As the list of properties going under the hammer this month grows, Andrew highlights some of the opportunities available for investors and developers.
In the West Midlands, a spacious detached bungalow in a quiet cul-de-sac.
8 Lawnswood Drive in Walsall Wood is a two bedroomed property requiring some upgrading and modernisation and located within a popular residential location close to local amenities. It has a guide price of £160,000+.
There’s a rare opportunity to build in a secluded wooded location in Staffordshire, when a building plot adjacent to Norwood Cottage, Hall Grounds, Rolleston-on-Dove goes under the hammer with a guide price of £160,000+. The level and cleared site is opposite Norwood Cottage in the delightful hall grounds and has planning permission for a stylish detached house with more than 2,000 square feet of living accommodation.
There are opportunities in the East Midlands, too, with a prime example being 1 Morland Avenue in Stoneygate, Leicester, a corner property comprising four apartments which have been sold off on leases, and planning permission in place to add two larger apartments by converting the loft space and basement. Plans have also been drawn up for redesigning the loft space to accommodate a third apartment.
Over in Wales, a six bedroomed property requiring full renovation is not for the faint-hearted but Andrew is confident that buyers will see its huge potential. 100 Conway Road in Llandudno is a three-storey end-terraced property on the main road into the popular seaside town. It has a guide price of £140,000+.
Andrew said: “This is a fabulous property with masses of potential for further development, subject to planning permission. And we have an extensive database of serious buyers ready to take on the challenge of renovation and development properties just like this.”
The properties – along with many more – are all due to go under the hammer in the national property auction on Thursday 30th July, which will be live-streamed from the company’s head office auction studio with remote bidding by proxy, by telephone or on the internet.
It’s a format which has worked well for SDL Auctions since lockdown restrictions were first enforced in March.
Andrew added: “As lockdown restrictions are eased in most places, the property industry is having to learn to adapt to a ‘new normal’. I’m proud to say that we have been leading the way in this respect and have firmly established a way of running our business successfully while keeping buyers, sellers and our staff safe, without compromising our service or results.
“We’re getting an unprecedented number of registered bidders – more than 1,000 for our June auction – so if these are the results we can achieve during lockdown, it’s exciting to think how much more we can grow the company once the crisis has eventually passed.”
To find out more about selling a property at auction, call the team on 0800 046 5454.