The auctioneer has launched another 200-plus lot catalogue ahead of its penultimate National Property Auction of the year on Thursday November 25 – an event that will raise funds for one of its team members in the approach to Christmas.
Earlier this year, SDL Property Auctions colleague Sara Mosley gave birth to her first child, a baby boy called Mason. However, a few weeks later she was rushed to hospital with an infection on the brain. She has since had a lengthy hospital stay and multiple surgeries which saved her life but have left her with a long recovery period ahead.
Anyone can enter the sweepstake for a £10 donation, with the opportunity to win a top prize of £250, and £100 and £50 for the two runners-up. All money raised from the sweepstake will help support Sara and her family.
Managing director and auctioneer Andrew Parker says: “We cannot imagine what Sara and her family have been through so are keen to support them at this difficult time with a sweepstake on our first three lots. When making their guesses, entrants should consider the potential of each lot as well as their guide prices.”
One of the sweepstake lots with plenty of potential is a former chapel in Derby with a guide price of £195,000-plus. St Thomas Methodist Church in St Thomas Road is a 1960s building that has been converted to an assembly hall with dining hall and meeting rooms. At the side is a driveway leading to a rear car park.
Another ‘divine’ development opportunity, subject to planning permission, is the former Bridge Street Methodist Church in Pilsley, Derbyshire. With a guide price of £80,000-plus, the 1930s single-storey property features a chapel, office, kitchen and amenity space.
Elsewhere in Derbyshire, an imposing late Victorian four bedroomed semi-detached property is expected to attract interest from bidders. Set well back from the road in an elevated position, 97 Heage Road in Ripley requires a comprehensive scheme of improvement, although it retains some attractive original features including deep skirting boards and ornate cast iron open fireplaces. The property has four bedrooms, potential for a loft conversion subject to the usual planning consents and a garage at the rear. Its guide price is £110,000-plus.
Landlords who want to hit the ground running will be interested in a two bedroomed mid-terraced property in Liverpool which is being offered for sale with a tenant in situ. Conveniently located for the city centre, transport links and amenities, 60 Enid Street is currently let at £475 per calendar month, making it an ideal investment opportunity. The guide price is £86,000-plus.
For those with Scandinavian aspirations, there is a rare opportunity to own a unique Swedish timber house of non-standard construction in a Northamptonshire village.
Previously let and now requiring modernisation, 8 Swedish Houses in Main Street, Little Brington is a semi-detached house on a large private plot with fields to the side and rear and countryside views. The three-bedroomed property, which has a guide price of £195,000-plus, offers a great opportunity to create a superb family home.
Buyers seeking a home that is ready to move into and enjoy immediately should check out a North Yorkshire property which offers an abundance of luxury, character and space. The Old Mill in Dalehouse, Staithes, Saltburn-By-The-Sea is an impressive riverside property on a beautiful plot of around six acres with sporting rights.
Located in the picturesque hamlet of Dalehouse, the historic property features a Grade II Listed bridge and the ruins of a mill which is mentioned in the Doomsday Book.
The property is impeccably presented and sympathetically decorated and, with five bedrooms and a range of outbuildings, has the potential for business use as a bed and breakfast or up to five-holiday lets, subject to planning permission.
Parker adds: “These are just a small sample of the huge range of residential and commercial properties we have available in our November National Property Auction. We are looking forward to getting back into the auction studio to get some great prices for our sellers – while raising money for Sara and her family at the same time.”
For more information on any of the properties being sold by SDL Property Auctions on Thursday November 25, click here or call the team on 0800 046 5454.
Bids can be placed online, on the phone and by proxy. To register to bid click here.
iamsold launches training program to support growing sector
Auctioneer iamsold has announced its latest training program following the growing popularity of buying and selling houses through auction.
The Associate Auction Specialist program is now open for applications for iamsold’s January 2022 intake.
The move aligns with the Essential Information Group (EIG) reported that there has been a 15% increase in the total raised from property auctions in September 2021 compared to the same period last year, signalling a boom in the auction sector.
Managing director Jamie Cook comments: “People are becoming more aware that auction is for all types of homes, for all types of people. With a proposition that’s already digital-first, Modern Method of Auction (MMoA) has gone from strength to strength.”
“Whilst the sector grew by 15%, iamsold saw a 33% increase in online property auction sales during the same period. Our sector is booming, and we need the right people to support that growth.”
He continues: “We ensure that our training programme is comprehensive and that we’re delivering fully-equipped experts into the sector who can continue to offer a growing customer base a great auction experience and Estate Agents the opportunity to offer more services and therefore more choice to their clients.”
Cooke says with the shifting narrative towards auction seeing an increase in consumer confidence surrounding the MMoA, iamsold is excited to get more property professionals involved with auction.
“We are always keen to take on new talent and develop the skills and knowledge in the industry to ensure the modernisation of the property market is future-proofed with skills,” he adds.
The training programme has been specifically designed for property professionals to help develop their skills and knowledge around auction sales and embark on a career as an Associate Auction Specialist.
It expands candidates’ knowledge on the advantages of buying property through auction as well as equipping them with practical skills, with support from a dedicated mentor. Upon completion of the course, candidates will be supported to develop their skills through the promotion of auction as an alternative method of selling properties.
Bilal, who joined the Associate Auction Specialist training academy in April, states: “Learning about auction has been really exciting, especially as it’s such a fast-growth area. The training is very good and like nothing I’ve experienced before.”
“I’ve been supported throughout by my managers and colleagues - there’s a real sense of community. I’d recommend iamproperty auction service iamsold to anyone who wants to move on to their next challenge in the sector.”
Allsop raises £47.5m in November residential auction
Allsop’s seventh residential auction of the year raised £47.5 million on 145 lots, with a success rate of 84%.
The day of the auction saw 4,296 bids and more than 1,061 bidder registrations.
Auction highlights included:
Lot 55 – an income-producing investment situated in Bow, comprising two adjoining buildings with development potential, sold at £1.1m, originally guided at £1m+ (GIY 5.52%)
Lot 40 – a self-contained two-bedroom flat in Chelsea, sold for £800,000, well above the guided price of £300,000+, having received 200 bids
Lot 91 – a freehold site in Essex, extending to 0.728 acres with potential for planning, sold at £1,104,000, originally guided at £1m
Lot 33 – a landmark block of 125 flats in Hammersmith, sold for £1,094,000 from a guide price of £875,000 Allsop’s next residential auction will be held online on 16 December 2021.
Richard Adamson, partner and auctioneer at Allsop, says: “We are delighted to have raised £47.5 million at our November auction. The market is clearly still very robust, and there seems to be a good level of buyer depth for well-priced assets across all sectors.”
“The noise surrounding the possibility of imminent interest rate rises, which now look to be coming early next year, has clearly not fazed buyers.”
Allsop’s next residential auction will be held online on December 16 2021.
Landmark Torquay clock tower with Victorian jail cell up for auction
The Old Town Hall, a Torquay landmark on Union Street, has been listed for sale by Network Auctions with a guide price of £175,000-£200,000.
The highly prominent Grade II listed Victorian building is well known for its clock tower, which has been wound weekly by the same time-keeper for the past 58 years, but the 170-year-old property houses more secrets – including a 19th century jail cell, disused public conveniences, a large assembly room and a strong room.
Constructed in 1851-1852, the Old Town Hall is an attractive building that has been used for a variety of purposes over the years, including offices, a synagogue, nightclub, bar, café and restaurant. It benefits from a highly visible corner site between the two pedestrian centres of Fleet Street and Union Street and uniquely features a clock tower.
Auctioneer Tom Limbrick comments: “This tower has a central storeroom housing the clock workings and a bell believed to have been manufactured by John Warner & Sons. Despite the various uses of the building over the years, a timekeeper attends the bell tower weekly to keep the clock running and showing the correct time.”
“At the end of the alley, running under the pavement of Abbey Road and accessed via the former male public conveniences, is a 19th Century gaol cell. It is believed the former public toilets were additional cells used to house criminals in the Victorian period. The property also features a strong room with the original cast iron door.”
Limbrick describes the tower as a ‘distinctive property with great potential’. He says: “It offers a wealth of history and with accommodation across 4 floors of approximately 5338 sq. ft is likely to be of interest to developers and businesses.”
The Old Town Hall, Union Street, Torquay will be sold online by Network Auctions on December 9.
Brown&Co – quirky lots for sale and a plot of land that sold for…
Auctioneer Brown&Co saw the owner of a small piece of land measuring just over three-quarters of an acre selling for more than £80,000 over the guide price.
A pensioner decided to sell a piece of grassland near her home in Harpley, West Norfolk, after owning it for 12 years.
She had been gifted the land in Millers Lane by the relative of a close friend but despite wanting to use it for breeding rare chickens, never managed to do anything with it. She decided to sell the triangular-shaped plot with Brown&Co for a guide price of £20,000-£30,000. The lot received a staggering 95 bids in 24 hours, with the price rocketing to well over £100,000.
In the last couple of seconds before the virtual hammer came down, the price went up by £10,000. The online auction of just the one lot started on November 16 at 11am and by 2.30am a day later, the land had gone up in price to £47,000. In the last second, the price reached £111,000.
The owner, who preferred not to be named, comments: “I feel absolutely surprised, I was watching the auction, with the bids coming in and was shouting ‘ooh’.”
“No one else had wanted the land which was why it was gifted to me and I never did manage to do anything with it. I am so happy, I want to give my daughter some money so it has brought me real happiness to be able to do that.”
Trevor Blythe, auction manager at Brown&Co, says: “We are achieving exceptional prices for plots of land. People want to own their little piece of Norfolk. If you have a plot you want to sell, now is the time.”
The plot in Harpley has the potential for some form of development, subject to the necessary planning permission. Small plots are often desired by people wanting to build or just needing to own a private area for walking and peace and quiet.
Such is the demand, that values are rocketing. Brown&Co sold a 1.75-acre plot in Salthouse for £107,500, over a guide price of £20,000-£30,000 at the end of September in its online auction. Another half-acre plot, also in Salthouse, sold for £96,000 - over a guide price of just £5,000-£10,000 in June.
Brown&Co has also announced a variety of quirky lots for its next online auction is on December 8.
One of the highlights is a family house in St Faith’s Road, Old Catton, Norwich, for sale for £750,000-£795,000. This detached property dating to the 1950s occupies an outstanding plot of land, being partly walled and on the edge of Church Street.
The property has an entrance hall, kitchen/breakfast room, sitting room and study. There is also a dining room, cloakroom and living room, five bedrooms, a family bathroom and en-suite facilities.
At the other end of the spectrum is a former holiday cabin in Frieston, Lincolnshire for sale for £20,000-£25,000 which comes with the tranche of land it sits on.
Closer to home, buyers looking for something equally quirky may be interested in Crostwick’s former School Room, for sale for a guide price of £80,000-£100,000. This brick and flint building requires complete renovation and is set in a good plot amounting to about 0.137 acres, off the main North Walsham Road.
For investors, two ‘homes’ for the price of one are for sale in Esdelle Street, Norwich for a guide price of £100,000-£125,000. The building is divided into two flats which are both currently let and generate an income of £835 per calendar month (£10,020 a year).
The online auction starts on December 7 at 11am and is scheduled to end on December 8, also at 11am.
Peter Hornor, auctioneer, Brown&Co, comments: “We’re delighted to have a really varied amount of lots, ranging in price and condition, so something for everyone whether you’re looking for a renovation project, an investment or a house to live in and make your own.”