RESIDENTIAL
Standard Properties - Houses, Flats & Apartments
Properties that have scope to add value, those requiring modernisation or may be suitable for extension or development, subject to planning consent.
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Renovation Properties
Many interested parties will bid on properties that have the potential af an uplift in value once refurbished and may even achieve a higher price than selling by private treaty through a high street estate agency.
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Tenanted/Investment Properties
Some properties will offer potential investors/landlords an immediate income stream and can provide interested parties with an ideal investment opportunity.
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Inherited and Probate Properties
Online auction can provide a good route for executors to receive a guaranteed sale, providing certainty with the benefit of speed, transparency and fairness.
COMMERCIAL
Many types of commercial property sell well at auction including retail units, offices, mixed use properties, former hotels and former Local Authority assets.
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Mixed Use Properties
These type of properties generally consist of a ground floor retail or commercial unit with upper floor residential accommodation (or potential to convert into residential space). These properties can be attractive to investors and owner occupiers with scope for a development opportunity.
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Investment Properties
Properties including offices, industrial units, retail units that are currently tenanted or vacant with the potential for rental income, providing a good investment or change of use opportunity.
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Former Public Houses & Hotels
These properties can be popular with investors looking for a blank canvas to create their own opportunities. The properties can provide options including retaining them in their current or similar use or for a change of use (subject to all consents) for residential or other commercial uses.
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Former Local Authority Properties
Local Authorities use auction as an ideal method of disposal of underused or surplus assets such as former libraries and other community assets. It allows them to dispose of an interest in line with their obligations of S.123 of the Local Government Act, providing them with the best value through an open and transparent process.
LAND
Land comes in all shapes and sizes and auction is seen as an ideal method to dispose of land and can often sell more successfully than through a private treaty method of sale, including:
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Development Land;
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Land with planning consent;
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Agricultural land;
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Amenity land;
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Small infill plots
OTHER PROPERTIES
A variety of other types of property are sold at auction that can provide good competitive bidding with sale prices generally above those achieved through private treaty, including:
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Chapels;
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Churches;
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Former toilet blocks;
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Garages;
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Ground Rents