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Graham Penny Auctions hoping to continue 100% streak

6th December 2013 – Graham Penny Auctions, the number one property auction house in the Midlands*, is hoping to continue its 100 per cent success rate on sales this year of properties in NG7 with its last auction of 2013 next Tuesday (17th December).

So far in 2013, Graham Penny Auctions has sold more than 250 properties at its Nottingham auctions including 13 in the NG7 postcode. In the December Nottingham auction there are another 37 properties set to go under the hammer including a further two in NG7:

To view the Nottingham December catalogue CLICK HERE

  • Hazelwood House, 108 Hazelwood Road in Bobbers Mill is a substantial three bedroomed end of terrace house previously arranged as five letting rooms. The property has off-road parking, two reception rooms, double glazing and gas central heating and would benefit from some cosmetic improvements and updating. The guide price is £78,000+.
  • 3, 5, 7 & 9 Ilkeston Road at Canning Circus is a large mixed use investment property with a guide price of £225,000 and which currently generates £16,200pa but has the potential to achieve in excess of £30,000pa.

 

Canning CircusAndrew Parker, director at Graham Penny Auctions, commented: “We have had significant success in the New Basford, Forest Fields, Hyson Green, Radford and Lenton area this year with 13 properties already selling, including two on Hazelwood Road where we have a current entry.

We are noticing an upturn in the number of rental properties being entered into our auctions and that trend is reflected in our current catalogue and the success we‘ve had in NG7. There is a high number of tenanted properties in the area which attract interest from our property investor and landlord clients.”

To view the Tuesday 17th December Nottingham auction property catalogue CLICK HERE or for more information on any of the properties call 0115 958 8702.

 

*based on essential information group statistics. Based on lots offered, lots sold, revenue raised for 2012.