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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brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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