Records broken at Network Auctions February auction

Records broken at Network Auctions February auction

NAVA auction house of the year 2015, Network Auctions, enjoyed another successful sale in London on February 25th when a total of £7.7million of property successfully went under the hammer, breaking their previous record for sales values achieved.

A packed room at the Grosvenor House Hotel on Park Lane together with proxy, telephone and online bidding kept auctioneers Guy Charrison and Richard Worrall busy on the podium throughout the sale.

Star lots included:

Lot twenty four was a detached house in Christchurch which sold for £310,000; forty five thousand pounds above the guide price.

Lot sixty four was an unusual leasehold roof space with potential which sold for £57,000. More than double the guide price of £25,000.

The highest price achieved was for lot thirty nine, a freehold investment property which achieved a sale price of £980,000; one hundred and five thousand pounds above the guide price.


With lots included from thirteen of Network Auctions partner agents and covering twenty six counties across the UK there was wide cross section of properties for investors and others to purchase. This followed a highly successful conference held in January which galvanised Network Auctions’ partner agents to produce a record number of lots for the catalogue.

Network Auctions Managing Director Toby Limbrick said: “The total value of property sold was a record for Network Auctions and we were delighted with breaking our previous best total.The second day of Network Auctions’ sale is on March 2nd in Birmingham in conjunction with Pennycuick Collins where a further twenty three lots will go under the hammer.”

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DmitriKara
DmitriKara 29 Jun 2016

I just read another article about eviction rising and this was exactly what was on my mind, Housing has become "cat and mouse"...

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DmitriKara
DmitriKara 29 Jun 2016

I am really not surprised. I've seen one too many impudent tenants and in my humble opinion renters have one too many privileges and options to abuse heir landlord in so many ways...

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DmitriKara
DmitriKara 29 Jun 2016

There is still so much uncertainty and I will surely step back and see what's happening before I could make any decisions on my end.

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ChristinaReedUK
ChristinaReedUK 20 Jun 2016

I don't understand why it's always a war between the two sides. Either, way the landlord is probably keeping a detailed inventory and will see the changes you've made. I just don't understand why there...

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NathanGreen
NathanGreen 16 Jun 2016

Seeing that the tenants are quite satisfied with their landlords and the properties is indeed great. I wonder, though, what is the situation in London alone? The tenants face sky-high rent levels in the...

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AndiMur
AndiMur 15 Jun 2016

TheGuardian published the same forecast. But on the other hand, professional brokers express different opinions. According totranio.com, an exit from the EU would not affect the demand/supply imbalance...

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Gary Holmes
Gary Holmes 14 Jun 2016

Having a professionally completed inventory at check-in and check-out is clearly (to me at least) of minor value. Tenants make un-authorised modifications and/or walk off with items that belong to the

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Violet Gibson
Violet Gibson 14 Jun 2016

Cautious people think buying off-plan is reckless, but over the past few years investors have literally made fortunes.Pre-release prices have obvious benefits for the developer, who gets instant finance...

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Kate Windleton
Kate Windleton 14 Jun 2016

An interesting research indeed. I guess that is in complete contrast with the United States where people often move from one coast to another. It will be interesting to hear the trends for people moving...

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NathanGreen
NathanGreen 14 Jun 2016

I think it all depends on the market conditions and how well your company is doing. You will agree that you can't demand more when you're killing yourself just to hang in there. Sometimes you need all

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ChristinaReedUK
ChristinaReedUK 13 Jun 2016

What does "detecting a bad vibe" mean actually. I've had certain vibes like these and yet have always found a reason , if there's any, why I don't like a certain property. The property maintenance might...

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keybanks estates
keybanks estates 08 Jun 2016

Great News for first time buyers, about time two!

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