If you were a visitor to SDL Auctions Graham Penny's Leicester sale last week then you'll have seen first hand the popularity of investment properties. Investors bid over the guide prices and selling was brisk. Andrew Parker, managing director and auctioneer at SDL Auctions Graham Penny, said: “Properties with investment potential are a powerful draw and we are always keen to feature them in our auctions. “The results speak for themselves and this all helps towards increasing active housing supply in the East Midlands.” The first lot to go under the hammer set the tone for the auction with strong bidding for 67 Leicester Road in Fleckney, a Victorian property with the potential to provide three bedrooms. The property also provided the potential, subject to planning permission, to extend to the side and to the rear - it has a 100 ft garden. The house in Fleckney sold for £176,000 from a guide price of £145,000+. A two-bedroom terraced house at 168 Cavendish … [Read more...] about Investment properties go under the hammer at SDL auction
Sale investment property
Investment The investment property market was exceptionally strong with total turnover of €939 million, significantly higher than previously forecast, and almost double that of the same period in 2017. Activity was also well ahead of the average for the last three years. Offices was the dominant sector, representing over 50 per cent of the total while Dublin continued to be the most popular destination for capital, accounting for 74 per cent of the market. An interesting feature of the market has been Cork’s performance, says Lisney director Aoife Brennan. “Cork is featuring much more strongly, and this is something we saw last year as well,” she says. “Normally Cork would account for about 3 or 4 per cent of the market but it was 9 per cent last year and this quarter it is 11 per cent. This is due largely to the sale of the Elysian, which was one of the top four transactions in the country in Q1.” Another notable feature nationally was the … [Read more...] about Cork features strongly in Lisney’s Q1 commercial property research report
If you are thinking about investing in property - whether for the first time or to grow a portfolio - then you'll want to know about these tenanted properties that are coming up for sale. Town houses, terraces and apartments are going under the hammer at SDL Auctions Graham Penny’s Nottingham auction on Thursday, May 3. There are a total of 46 properties in the sale, which takes place at Nottingham Racecourse - and 17 of these have tenants in situ already. Some of the tenanted properties for sale in the May auction View gallery Lot one, for instance, is a three-bed townhouse in Bulwell, which is currently let at £6,240 per annum. The property, number 11 Quarry Avenue, needs some upgrading and modernisation but is close to Bulwell, around a two minute walk according to Google, and has a guide price of £50,000+. Similarly, 10 Edgington Terrace in Mapperley is a three-bed end of terrace which is tenanted and let at £6,600 per year. It has a guide price of … [Read more...] about Fancy any of these easy Notts investment properties?
PUBLISHED: 16:59 13 April 2018 | UPDATED: 16:59 13 April 2018 'Spinnakers', Beccles Road, St Olaves, which sold for £184,000. Pic: www.williamhbrown.co.uk Simon Arnes, William H Brown’s managing director and auctioneer, reports on his firm’s sale held at Barnham Broom yesterday. Simon Arnes, managing director and auctioneer at William H Brown. Pic: www.edp24.co.uk On a cold and misty morning we had a good attendance and an interesting variety of lots across the county of Norfolk and beyond. Below is a selection of some of the properties sold. The sale got underway with lot 1, 17 Nelson Road South, Great Yarmouth. An eight bedroom bay fronted investment property producing a good return. The guide here started at £100,000 and there was strong interest, including phone bidders, with the gavel eventually falling at £156,000. This property demonstrates the strong investment interest that’s very active in today’s market. Lot 2, 2 Edgeworth … [Read more...] about Investment properties prove popular at William H Brown’s auction
Strong sheep and beef markets are providing the impetus for farmers to sell their properties across South Canterbury. Dozens of farms across the district are on the market, with a particularly strong market place in outlying areas of Timaru and across the Mackenzie Country. Property Brokers rural and lifestyle agent Marcus Nurse said there was a fair bit happening throughout South Canterbury, with a range of properties listed and some good sales being achieved. ‘‘A common theme for sales is age and stage of life, followed by farmers wanting to step up to larger properties,’’ Mr Nurse said. ‘‘Some older farmers are seeking to exit the sheep and beef industry, and with good product prices currently, this is a favourable time for farmers to extend their properties. Also, for those starting out in farming, some good part time units provide an opportunity to climb on to the farming ladder.’’ He said farms that were selling were, on balance, … [Read more...] about Strong sheep, beef prices spur farm sales increase