16th February 2021
Estate agents nationwide reap the benefits of auctions
SDL Property Auctions is helping estate agents across the country to generate income via its latest auction catalogue, which features an impressive 200+ residential and commercial lots.
The UK’s most successful live-streamed auctioneer has launched the catalogue ahead of this month’s National Property Auction, which will be held on Thursday 25th February.
Featuring properties stretching from Scotland down to the south coast, the catalogue will help buyers and sellers achieve fast, hassle-free sales while producing revenue for partner estate agents.
Managing director and auctioneer Andrew Parker said: “By working with estate agents instead of in competition, everyone wins. We can provide choices for sellers, get great results at auction and help agents survive one of the most challenging periods of our lifetimes by adding another arm to their businesses.”
Buyers benefit, too, as they will experience a fast, trouble-free purchase which completes before the end of March, meaning they can still beat the stamp duty holiday deadline.
Among the estate agents helping their sellers to take advantage of the speed of auction sales is The Property Fox, with the sale of 2 Maple Avenue in Leicester in the February National Property Auction. The traditional bay-fronted semi-detached house is well placed for amenities and has two reception rooms, three bedrooms, a garage and a *guide price of £150,000+.
In Manchester, agent Aubrey Lee is selling 9 Crab Lane in Blackley with a guide price of £65,000+. The two bedroomed end-terrace is in a popular residential location with an open outlook at both the side and rear. It is currently let at £450 per calendar month, although the tenants are due to leave on 1st April and the current market rent is nearer to £625, providing potential for a substantial increase.
Agents don’t just limit themselves to private homes; a plot of land adjacent to Coven Coppice in Lawn Lane, Wolverhampton is being sold in partnership with Nock Deighton with a guide price of £80,000+. Occupying a rural location with easy access to shops and amenities in Coven and Pendeford, the building plot – which extends to around an acre – has planning permission for a detached house, granted under the same application as the property next door, Coven Coppice, which is also for sale in the auction, with a guide price of £300,000+.
Another development opportunity can be found in Cambridgeshire, where 300 Churchill Road in Wisbech is being sold in partnership with Century 21 Peterborough. Sitting on a large plot, the substantial character four bedroomed detached house requires complete renovation but provides an opportunity for modification for a number of commercial and residential uses, subject to the necessary planning permissions. It has a guide price of £330,000+.
Andrew added: “We are delighted to be selling so many properties for our partner agents in our February auction. We work closely with estate agents to provide a personal and seamless service for their sellers and buyers – and are proud to be able to offer a choice of sales methods.
“Although many of our estate agent partners choose Timed Auctions on our website, we feel it is just as important that they have the option to sell their properties in a traditional room auction if they feel it is most appropriate. Many buyers prefer this setting as we can guide them through the process via a telephone bid if required. This makes the buying process simple and trouble-free; ideal for those buying in an auction for the first time. We are determined to ensure auctions are accessible to everyone.”
The impressive catalogue of more than 200 lots will go under the hammer in the live-streamed auction, on Thursday 25th February. Bids can be placed online, on the phone or by proxy. To find out more about any of the properties or to register to bid, click here or call the team on 0800 046 5454.