SDL Property Auctions will hold its latest live-stream national property auction this week, with close to 250 lots set to go under the hammer.
The online property sale, which will be held on Thursday 29th July, is expected to attract a wide range of national and international property investors.
Against a background of a national shortage of homes for sale, managing director and auctioneer Andrew Parker insists that the high number of lots shows a growing number of sellers are opting to sell properties under the hammer.
He said: “We are delighted to be helping so many sellers not only find buyers quickly but enjoy a smooth journey to completion in a short space of time. Auctions are a safe, faff-free alternative to private treaty sales and it’s encouraging to see them becoming much more mainstream.”
Highlights:
+ 8 Brook Street in Soham is a Grade II listed Cambridgeshire cottage, which dates back to the 16th century. Retaining original features such as an inglenook fireplace, the pink property is currently divided into two homes with separate access and a connecting door on the first floor. On the edge of the village overlooking fields, the three-storey cottages have been in the same family for generations and now require some renovation. The property is being sold in partnership with Century 21 Cambridge with a guide price of £295,000+.
+ The Boathouse and Keepers Lodge in Waterside Court, 101 St. Vincent Street, are both offered on behalf of Midland Heart, each with a guide price of £175,000+. The adjoining canalside properties are set within a gated development along the Brindley Place canal network in the centre of Birmingham. Both have four storeys and the same layout, featuring a breakfast kitchen, hallway and cloakroom on the ground floor, an L-shaped lounge on the first floor, a bedroom and shower room on the second floor and a second bedroom on the top floor. Each property has a potential annual rental income of £13,200.
+ One of several properties in the Telford area to go under the hammer is 67 High Street in Madeley, a Grade II listed building comprising a ground floor hair salon plus a one bedroomed self-contained flat and six bedsits above. Together they have the potential to generate an annual income of £50,000. The property is offered for sale in partnership with Nock Deighton with a guide price of £365,000+.
+ In London, there is a rare opportunity for developers to purchase a parcel of land with the possibility of building a single dwelling, subject to planning permission. Land on the corner of Dallin Road and Mayplace Lane in SE18 is in a mainly residential area within walking distance to Woolwich Railway station. The plot features a large timber shed and has vehicular access from Mayplace Lane. It has a guide price of £75,000+.
+ 166 Inverness Place in Cardiff provides the ideal refurbishment opportunity. With an attractive guide price of £20,000, the three-bedroomed mid-terraced property is likely to appeal to a wide variety of buyers, including developers looking to add value, landlords seeking a buy-to-let either as a single unit or apartments (subject to planning permission) and those looking for their next home.
Parker commented: “This is a superb auction lot with an extremely attractive guide price and is sure to be popular with bidders. It will be a great way to get our July auction off to an exciting start.”
These are just a few of the properties offered for sale by SDL Property Auctions on Thursday. Bids can be placed online, on the phone and by proxy. To register to bid click here, or for information about any of the properties click here.
