Digital auction house BidX1 has launched the catalogue for its latest sale, following the success of what it has described as Europe's largest digital auction last month.
The event - which attracted bidders from all over the world - featured properties from Ireland and raised €36 million.
The latest 41 lot portfolio - which is being described as the firm's 'UK breakthrough auction' - opens for bids on July 5.
On offer will be some of BidX1's most expensive lots to date, including a long leasehold office building in Oxford with a guide price of £2.8 - £3.25 million.
Another highlight is a detached freehold unbroken apartment block in Birkenhead, Liverpool, with a guide price of £1.75 million. The property comprises 27 two-bedroom apartments and will provide a gross initial yield of 9.21%.
"This is our UK breakthrough auction, with vendors looking to sell properties worth up to £3.2 million, now keen to employ a digital platform," says Stephen McCarthy, BidX1's founder.
"We can see the ripple effect of how our model is enabling both buyers and bidders through its accessibility and ease of use."
"As we return for another UK auction, with high profile standout lots, we look forward to a continuation of our success to date,” he says.
An online auctioneer, BidX1, has announced the launch of its global...
As we reach the end of October, Property Investor Today looks at...
The average income required for a first-time buyer (FTB) to purchase...
Auctions – held remotely – have soared in popularity during lockdown,...
Buy a property below market value, renovate it and then make a tidy...
Many landlords and investors may now be looking to expand their...
The crown of UK’s number one yield hotspot goes to Bradford,...
There wasn’t much by way of good news in the Spring...
.png)
Twenty twenty-four is a pivotal year for landlords in the Private...
National Landlord Investment Show has announced that the former Leader of...
Maximising Returns: Use tech to make better decisions before acquiring your...
Although economic activity has picked up since the start of the...
A new study conducted by comparison site GetAgent has revealed the...
The average landlord looking to offload their portfolio from April 6...
Who are you and what does it say on...
Who are you? Chris Holland What does it say on your...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment