13th October 2016
Sell by auction in Leicester before Christmas
13th October 2016 – SDL Graham Penny, the new name for the most successful auctioneer in the East Midlands, is inviting entries to sell under the hammer before the winter weather sets in.
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 as all lots sell under auction conditions, completion will take place before Christmas.
Andrew Parker, auctioneer and managing director, commented: “Now is an excellent time to sell by auction for many reasons. Anyone who owns a vacant house might want to sell it with us before the clocks change and the cold weather causes problems with the pipes and leaves a big plumbing bill. Or maybe landlords might have one or two properties to dispose of which will need upgrading soon and they don’t want to incur the refurbishment costs.
“It doesn’t matter if the property is vacant or tenanted, if it’s been recently renovated or needs a full scheme of upgrading – in fact those properties can often sell the best in the auction room.”
Amongst the lots selling well in the Leicester auction room last month were 36 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+ and 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+.
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: “We offer a free no obligation property appraisal to anyone thinking of selling a property with us. We’ll go through the auction process, advise what price we think it will achieve and the likely timescales and costs involved.”
To request a free auction appraisal for the 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