Start your next property search today
National Property Auction
Thursday 21st November 2024 at 9:00am
Welcome to our November auction catalogue
Andrew Parker
Partner & Auctioneer at
SDL Property Auctions
It’s time to start the search for your next property and what better place to begin than our November catalogue featuring over 215+ lots from across the UK.
For our Thursday 21st November live streamed National Property Auction we have everything from semi-detached houses to shops, bungalows to nuclear bunkers and cottages and commercial units. The catalogue is full of investment opportunities ready for your bid.
If you’d like to get involved in our auction this month, you can watch live online and for free HERE. You don’t have to register or login, you simply click the link from 9am on Thursday 21st November.
Or if you’ve found a lot you’d like to invest in, then you need to submit our simple registration form – found HERE. We just need to know the lots you’re interested in, your contact details and whether you’d like to bid online, on the phone or by proxy.
We start our auction this month, with lot 1: 29 Lea Hill Road in Birmingham. This traditional three bedroomed semi-detached property in Handsworth Wood requires a complete refurbishment and provides opportunity to add value potentially extending to the rear (subject to planning).
Amongst the lots in the auction this month is a Grade II Listed former bank premises in Matlock, Derbyshire which has planning permission for 16 apartments. Occupying a town centre location this former Royal Bank of Scotland building has a guide price of £600,000+ (plus fees).
In Arnold, Nottingham we have a charming Grade II Listed link detached property which was built in 1725. This three bedroomed property at 34 High Street requires a scheme of upgrading and improvement and has a guide price of £100,000+ (plus fees).
We have several plots of land for sale with a guide price of only £500+ (plus fees), including this former electricity sub station site in Hardwicke, Gloucester.
Lot 49
- Former Bank Premises, 8 Snitterton Road, Matlock, Derbyshire DE4 3LZ
- Guide price*
- £600,000+ (plus fees)
Close to the capital is a three bedroomed mid-town house in Streatham Vale SW16 which is in need of full modernisation throughout. 262 Woodmansterne Road is sold with vacant possessions and represents a great investment subject to modernisation and possible extension.
Any bidders looking for an investment opportunity with existing tenancy could be interested in a freehold block of four 4 retail units and four apartments in Whittlesey, Peterborough. This mixed use investment opportunity is offered part let, with current rent passing of £38,100pa with circa £55,000pa achievable and has a guide price of £395,000+ (plus fees).
Lot 115
- Flats 7, 8, 9 and 10 and Units 2, 3, 4 and 5 Eastgate Mews, Whittlesey, Peterborough PE7 1PU
- Guide price*
- £395,000+ (plus fees)
Possibly the most unique property in our catalogue this month is a fully restored 1950s nuclear bunker in Pontefract. The Royal Observer Corp (ROC) nuclear bunker on New Road in Badsworth, Pontefract has featured on Channel 4’s property TV programme George Clarke’s Amazing Spaces and offers an opportunity to purchase a piece of post-war British history.
Lot 2
- ROC Bunker, New Road, Badsworth, Pontefract WF9 1AT
- Guide price*
- £15,000 - £20,000 (plus fees)
You can browse all the lots in our November National Property Auction here.
Once you’ve found a lot you’re interested in, it’s 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 Tuesday 10th December will be our last of 2024.
You can click here to request a free valuation & secure a sale before Christmas!
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.
Buying and moving into a home can be one of life’s most exciting yet stressful events, at least in the UK, and this can be especially true for first-time buyers who may not be familiar with certain rules and regulations. It makes it even more stressful if you finally get into your home and are then hit with fines for laws that you didn’t even know existed. To help you avoid facing these fines, we’ve listed 10 common mistakes that first-time home buyers often make below, though we’d bet that even homeowners of over 20 years don’t realise that they’re breaking half of these laws.
If you want to avoid hefty fines on top of an already costly process, we’d recommend that you familiarise yourself with the laws below before you move into your first home. This will help to ensure that your move goes more smoothly, reducing stress and saving you a headache.
To read the full article click here.
Remember to tune in!
Our National Property Auctions 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.
Important notice relating to fees, costs and charges payable by the buyer in addition to the purchase price.
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs or reservation fees. All prospective buyers are advised to inspect the legal documents including the contract and special conditions of sale and seek their own independent legal advice as to the full cost of purchasing a specific property.
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.