30th June 2021
SDL Property Auctions sees high demand for properties across England, Scotland and Wales
From Scotland, across Wales and down to the south coast of England, SDL Property Auctions has sold properties across the length and breadth of the country in another bumper month of live-streamed Auction Events, daily Timed Auctions and Buy It Now sales.
The UK’s most successful live-streamed auctioneer reports that demand was strong for lots of all types, including family homes, city apartments, plots of land and commercial properties.
Among the family homes which sold in June was a three bedroomed end-terrace in Devon. Located in a popular residential area with stunning views, 22 Dunning Walk in Teignmouth was offered in a Buy It Now sale in partnership with Fulfords for a fixed price of £170,000.
Managing director and auctioneer Andrew Parker said: “Buy It Now sales couldn’t be more straightforward and are ideal for sellers who are seeking a fixed price for their property. From a seller’s point of view, everything is clear – what you see is what you pay.”
There was high demand for a studio apartment in Surrey, which was sold in partnership with Bairstow Eves. 25 The Pines in Purley was offered in a Timed Auction with a *guide price of £67,000+ and sold for £93,000 after attracting an impressive 44 bids.
Meanwhile in Wales, a semi-detached bungalow with a modest guide price of £35,000+, 11 Hill Street in Rhosllanerchrugog, Wrexham attracted keen bidding in the National Property Auction and sold for £59,000. Requiring full modernisation, the one bedroomed property sits on a large plot with ample opportunity to extend subject to planning permission.
In London, a much bigger investment could be found in the form of a fully licensed five bedroomed House in Multiple Occupation which was sold in the National Property Auction in partnership with Peter James. Producing an annual income of £33,600 with scope to increase this further as it has planning permission in place for a loft conversion and a rear extension, 74 Ennis Road had a guide price of £450,000+ and sold for £480,000.
The day before, SDL Property Auctions hosted a live-streamed commercial Auction Event exclusively for leading Scottish chartered surveyors Shepherd, where retail units, mixed-use properties, garages and more from across Scotland went under the hammer. Among them was 1B Alloway Place in Ayr, currently fitted out as a restaurant and generating a rental income of £25,500 per year. It was offered with a *guide price of £165,000+ and sold for £186,000.
Andrew added: “These are just a few of the properties we have sold this month and are indicative of the wide variety of lots we sell for private sellers, corporations and our estate agent partners. From Scotland to Wales and across the whole of England, geography is no barrier when selling by auction.
“Our live-streamed National Property Auctions remain hugely popular and this month we had more than 2,000 registered bidders. However, we offer so much more than our Auction Events, with Timed Auctions and Buy It Now sales running every day of the year on our website, offering choice to our sellers and enabling them to select the auction method which best suits their circumstances.”
To find out more about selling a property by auction with SDL Property Auctions, please visit www.sdlauctions.co.uk or call the friendly team on 0800 046 5454.