Leicester properties invited for city auction

6th October 2016 – Having already topped £100m in sales across the East Midlands so far this year, SDL Graham Penny now is inviting entries for its next Leicester auction.

To request a free appraisal for the Leicester November auction click here

The auction, on Thursday 24th November at the King Power Stadium, will be SDL Graham Penny’s sixth city auction this year and is set to see a quality catalogue of residential property, commercial property and land go under the hammer.

Andrew Parker, auctioneer and managing director, commented: “We understand that although selling property by auction is undoubtedly becoming more popular, some people are still unsure of the process. We offer free no obligation property valuations and talk all our potential vendors through the auction sale process to help them feel more comfortable and confident they will achieve a good sale price.”

All types of properties sell well in the auction room including those in need of repair, those with unique features and even tenanted properties. Amongst the lots selling well in the Leicester auction room last month were:

  • LeiSep SybilRoad36 Millfield Close in Ashby de la Zouch – a three bedroomed semi-detached house which requires modernisation which sold for £143,000 from a *guide price of £125,000+.
  • 34 Sybil Road in Rowley Fields – a three bedroomed semi-detached house in need of modernisation and with scope for extension which sold for £170,500 from a guide price of £135,000+.
  • 56 Leicester Road in Kibworth – a one bedroomed Victorian cottage which sold for £95,500 from a guide price of £85,000+.

Since inception in 2006, SDL Graham Penny has sold more than 5,000 lots across the East Midlands and raised over £500m for clients. Formerly Graham Penny Auctions, it joined the SDL Group in early 2016, making the SDL Auctions network the fourth largest in the UK and the biggest outside of London.

Andrew added: “All our properties are marketed locally and nationally, they are included on our website and Rightmove and featured in our quality auction catalogue distributed to over 10,000 active buyers.”

To request a free appraisal for the next Leicester auction click here or call 0116 254 9654


*Each property is subject to a Reserve Price which may be different from the Guide Price. For full definitions click here