SDL Property Auctions sells homes above asking price in major auction

SDL Property Auctions sold multiple properties for well above the guide price in August.

2 Grasdene Grove

Case in point, 2 Grasdene Grove in Birmingham, a semi-detached house on a corner plot which had been previously offered for sale by another auction house.

The final price was £270,000, against a guide price of £165,000.

23 Cleve Avenue

Another highlight was a chalet-style bungalow in Nottingham. 23 Cleve Avenue in Toton has two reception rooms, two double bedrooms and views over the neighbourhood. It sold for £258,000, almost double its guide price of £135,000+.

Andrew Parker, managing director and auctioneer, said: “Bungalows are always popular and this is an excellent investment opportunity with the opportunity to add value and in a prime location within walking distance of Nottingham’s popular tram network.”

Rhodes Avenue

In Lancashire, a semi-detached house was offered for sale in partnership with Entwistle Green. With gardens front and rear, an open-plan living and dining area and three bedrooms, 113 Rhodes Avenue in Blackburn sold for £139,000 from a guide price of £127,000+.

SDL Property Auctions held Timed Auctions and Buy it Now sales in August, featuring everything from garages to commercial properties, country cottages and city apartments.

A second-floor apartment in London was among the Timed Auction lots, sold with sitting tenants in partnership with Bairstow Eves. 11 Priory Court in Romford has an open-plan living area, fitted kitchen, double bedroom and balcony. From a guide price of £170,000+ it sold for £183,000.

Among the Buy It Now sales was a mixed-use property in Lincolnshire which sold for a fixed price of £150,000 in partnership with John Taylors. Wold Antiques, 35 Queen Street in Market Rasen is a three-storey property featuring a ground-floor retail unit and a two-storey apartment with four bedrooms above.

Andrew added: “Our Buy It Now sales are an increasingly popular way of selling properties, with all the benefits of auction’s speed and certainty while being perfect for sellers seeking a straightforward sale with the peace of mind provided by a fixed price.

“By offering all auction methods, we are able to serve a wider range of sellers and are always happy to advise them so they can choose the most suitable method for their property and timetable.”

Leave a Reply