Get ready to bid!
National Property Auction
Thursday 22nd August 2024 at 9:00am
Welcome to our August auction catalogue
Andrew Parker
Managing Director & Auctioneer at
SDL Property Auctions
Welcome to our August auction catalogue, packed with over 120 lots ready for your bid. Make sure you’re auction ready from 9am on Thursday 22nd August…
- View the full list of lots for sale HERE
- Click through from the listings to book your viewings
- Download the legal packs
- Register to bid online, on the phone or by proxy by clicking HERE
Then, watch live HERE. The link will also be on our homepage on auction day. It’s free to watch live online, you only have to log in if you’re bidding online.
Lot 1
- 83 Finkle Lane, Gildersome, Morley, Leeds LS27 7DR
- Guide price*
- £75,000+ (plus fees)
Our first lot for sale is 83 Finkle Lane in Gildersome, Leeds. This two bedroomed townhouse is part-way through a scheme of improvement and offers a blank canvas for the new owner and an ideal starter project.
Bleach Garth Farm near Whitby is a large and secluded farmhouse set on the coastal fringes of the North York Moors. With sweeping views of the surrounding moorland, the farmhouse is situated along half a mile of unmade track, has five bedrooms and requires full modernisation.
Lot 3
- Bleach Garth Farm, Moor Lane, Littlebeck, Whitby, North Yorkshire YO22 5EZ
- Guide price*
- £185,000+ (plus fees)
We have several plots of land for sale with guide prices of only £100+ each. In Brodawel, Aberdare are two sets of adjoining freehold plots of land – plots 5 & 6 and 9 & 10 – situated in a pleasant wooded area not far from residential properties.
If you budget stretches further then a two bedroomed garden flat next to Queens Club Gardens Tennis Club could be of interest. The Garden Flat at 37A Palliser Road in West Kensington has a guide price of £450,000+ (plus fees) and is offered for sale with Chard Estate Agents.
Lot 79
- The Garden Flat, 37A Palliser Road, West Kensington, London W14 9EB
- Guide price*
- £450,000+ (plus fees)
In Leicester we have a parking space for sale less than a mile away from where Richard III was dug up. We haven’t inspected underneath the space but we can confirm Parking Space 6 in the car park adjacent to 3 Dover Street is for sale with a guide price of £15,000+ (plus fees).
Lot 50
- Parking Space 6, Car Park Adjacent 3 Dover Street, Leicester LE1 6PW
- Guide price*
- £15,000+ (plus fees)
You can browse all the lots in our August National Property Auction here.
Once you’ve found a lot you’re interested in, it’s really easy to book your viewing and download the legal pack. Simply go to the property listing on our website and select the relevant option.
Our next National Property Auction is on Thursday 26th September. You can click here to request a free valuation.
Frequently asked questions
Over the past few months we have naturally received some questions from our bidders about how the buying process works. Largely we are operating as we always have been, we’re simply not able to see you in the auction room when you bid. We’ve put together these frequently asked questions to help guide you through your auction purchase.
A reserve price is the price stated as the lowest acceptable figure by the seller. This figure is confidential between the seller and auctioneer.
No, not always. The guide is an indication given by the auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.
After the auction has ended one of our team will contact you to advise you of the result.
Yes, and these vary depending on the method of sale associated with the property and the country in which you are purchasing. These differences are listed below. Please also note that the reservation fee does not contribute towards the purchase price, and that any further additional costs, which are payable in addition to the purchase price, will be included within the Special Conditions that are attached to the Contract.
To make sure you are fully aware of all associated costs, we strongly advise that all prospective purchasers inspect the legal pack thoroughly themselves and request a legal representative review it too.
Unconditional: On the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.
Conditional: On the fall of the hammer, the successful bidder will enter into a reservation agreement with the seller. This agreement confers an exclusivity period of 60-days on the successful bidder, in which to exchange contracts and complete the purchase. The non-refundable Reservation Fee will be payable to us immediately on the fall of the hammer, the amount of which will be stated on the property description. This fee does not contribute to the purchase price. The deposit will be payable later on exchange of contracts via your solicitor. You must make every effort to exchange contracts of sale and complete the purchase within the 60-day exclusivity period, unless the Special Conditions of Sale within the legal pack state otherwise.
There are a number of options when selling by auction which can include paying no fees at all and having the buyer an additional fee instead.This is often an attractive option when you are selling due to a bereavement or a divorce and you have limited cash prior to the auction to fund the sale. Alternatively as a seller you can pay an initial fee and commission price for the sale of the property, meaning the buyer doesn’t have to pay anything extra, maximising the final sale price of the property
Regardless of which auction route is selected, there are solicitor fees to prepare the legal pack for your property, which typically costs around £350 to £500. After your home is sold, you will also need to instruct a solicitor for the conveyancing of the property, which can cost anywhere from £450 to £750.
Yes, if a reserve price is not met during the bidding process, then the lot will not sell. We continue to market our unsold properties after the auction and if a post-auction sale is agreed it will be carried out under auction conditions.
Bidding registration
Bidding registration closes at 5pm the day before the auction.
Registering to bid in one of our National Property Auctions is quick, easy and painless. By completing our online form, you can register for bidding online, on the phone and by proxy, meaning you can bid from the comfort of your own home. There’s no need to wait for the legal pack to be completed before registering, there’s no obligation to bid on the day and there’s no money taken prior to bidding.
Investing in property, regardless of type, size or location, is an exciting and rewarding process – especially when you make the most of the more unique opportunities available to you. While many investors will look towards traditional property types to turn a profit, including buildings suitable for tenancy or those in disrepair which can be renovated and resold, those who want to diversify their portfolio should also consider the benefits of investing in a mixed-use property.
Appealing to a range of buyers, from landlords looking to secure a more niche corner of the lettings market, to entrepreneurs in need of a space which meets their personal and business needs, mixed-use properties should not be overlooked. Worth the additional effort of tackling the property-specific challenges that come with buying mixed-use buildings, join us as our experts break down the main considerations you should be aware of for this type of investment, from Stamp Duty Land Tax (SDLT) differences to the mortgaging options that are available for financing your purchase.
To read the full article click here.
Remember to tune in!
Our Auction Events are broadcast online, live from our auction studio in Nottingham.
It’s really easy to tune in and watch on the day. The auction begins at 9am and will run throughout the day, with our each of our auctioneers taking to the rostrum. Simply visit our website where you’ll be able find a link to the auction on the day or follow the link below!
If you’re planning on bidding at auction, it’s really important that you do your due diligence prior to the auction – part of which is reading our buyers terms which you can find below. Make sure to read them in full to ensure you’re prepared to bid.
Homes under the Hammer
If you’re successful in this month’s auction, you could take part!
The hit TV show Homes under the Hammer are always looking for properties to feature in upcoming episodes. If you’re interested in taking part in the programme or would like any information about what is involved in taking part please call 07966 167076 or 07814 079910 or alternatively click below to contact them via email.
Legal Packs
We recommend reading the legal pack prior to the auction, to make sure you’re aware of all the information before bidding.
It’s really important that you take a thorough look through the legal pack for the property you’re interested in buying before placing a bid, as they lots of important information regarding your purchase. We recommend going through the pack with your solicitor prior to the auction.
To view the legal pack, find a property you’re interested in using the list linked below, and select ‘legal pack’ on the right-hand panel.
