Auctions speak louder than words in Leicester

Warren Lewis
14th July 2014

The Leicester team at Graham Penny Auctions is busy processing lots into for next auction on Thursday 14th August and is inviting anyone looking to sell their property to contact them for a free valuation.

Graham Penny Auctions’ last Leicester auction in June saw sale prices surpass all expectations with one lot selling for more than 50 per cent over its guide price, proving that selling property under the hammer is the perfect way to get the best price.

Carl Finch, Graham Penny Auctions Leicester branch manager, commented: “The sale of property by traditional auction is a proven method of achieving the best price and does not mean it will be sold under market value. Confidence in the property market is growing as the year progresses, however what remains consistent is sellers wanting to achieve the best price for their property.

We have a comprehensive database of thousands of active buyers across the country including landlords, investors and private individuals who are all looking for their next purchase. With only a £295 entry fee to us, we will market your property to our national contacts and sell your property under the hammer.”

All kinds of property sells well at auction, including those in need of refurbishment, with unique characteristics or even tenanted properties. Amongst the entries in the Leicester auction on Thursday 14th August are:

•3 Gillbank Drive in Ratby – a semi-detached bungalow which requires some modernisation and has a guide price of £95,000+

•145 Howard Road in Clarendon Park – a substantial bay-fronted Victorian villa which retains the wealth of period features and has a guide price of £135,000+

•284 Avenue Road Ext, Clarendon Park in Leicester – a Victorian terraced property ideal for a buy to let investment with a guide price of £110,000+

•Flat 23, Yewtree Drive in Braunstone Frith – a purpose built one bedroomed first floor flat currently let providing a rental income of approx. £4,600pa with a guide price of £45,000+
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