Auction House North West

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4th July Auction.

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May Auction Results & Highlights

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May Auction Highlights

Residential Auctioneers Best Buy

lot 4 – Guide £50,000

Sold for £73,000.

Whilst it sold substantially over the Guide Price it still represents exceptional value for money when similar properties on the road have sold and are for sale circa £110,000 -£130,000. Its opposite a Tesco’s and only 2 minutes walk to the town centre and high street and 2 minute drive from motorway networks.

Commercial Auctioneers Best Buy

lot 13 – Guide £150,000

Sold for £190,000.

Substantial Tenanted Public House in Congleton producing £16,000pa with substantial car park on a site of 0.2 Acre. Occupying a prominent position overlooking the ring road and with future development potential.

Commercial Auctioneers Bargain Buy

lot 34 – Guide £150,000

Sold for £187,500.

Residential Development Site with Consent for 8 no. Apartments in the ever popular Levenshulme area of South Manchester – Local Estate Agents have appraised the end values as, dependent upon specification, giving a GDV of c£1m to £1.2m. This sale was particularly pleasing as it had been offered with other Auctioneers and Estate Agents who failed to sell, which is a testament to our buyers database and marketing strategy.

Residential Auctioneers Bargain Buy

lot 3 – Guide Price £70,000

Sold for £55,000.

Chapelside Close Wigan, sold as a new build coach house apartment in 2008 and having just sold for £55,000 in ready to move in condition this must be the bargain of the day. Two bedroom first floor private apartment on its own with garage and only 10 years old, a real deal as they say on TV.

Highest Sold Price at Auction on the Day!

lot 19 – Guide £580,000

Sold for £1,010,000.

Bickerstaffe House

Stealing the attention of the 350+ bidders in the room as well as the thousands of people who logged on to the live feed with a Guide price of £580,000, this behemoth of a house with over 10,000 sq ft of space eventually sold for a cool £1,010,000 AHNW largest ever residential lot sale.

Delighted with 100% success rate on commercial lots sold in our may Auction!

Commercial investments faired particularly well which is not surprising due to the general lack of investment stock in the market – commercial investments achieved nearly 30% above guide prices on average!

Highest Sold % Over Guide

lot 12 – Guide £60,000

Sold for £98,000.

That’s 63% over Guide!

Cheapest Property Sold

lot 41 & 42

Both Sold for £7,000

As student accommodation pods they regularly feature in our auctions and always sell to yield hungry investors who prefer hands off investments with full management on site, sit back and count the rent rolling in.

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Hidden Gem – Available at our next Auction

Calling Owner Occupiers, Investors and Developers

Guided at £1,650,000 + Fees

Substantial vacant freehold office building, providing accommodation over four floors, prominently positioned fronting Quay Street at the junction of Young Street and Gartside Street,  on the fringes of the Spinningfields district within Manchester City Centre.

The property is strategically located within close proximity to several new city centre developments including St Johns/Granada Studios, Nickel and Dime, New Bailey together with the adjacent prime central core area of Spinningfields, boasting occupiers such as RBS plus many retail and restaurant occupiers including the recently opened Ivy Restaurant.

The Property

Internally the building benefits from raised floors, double glazing, central heating and air conditioning whilst providing mainly open plan floor plate, serviced by 2 no. stairwells, with the following net internal floor areas:

Lower Ground Floor      135 sq m    (1,452 sq ft)

Upper Ground Floor      116 sq m   (1,248 sq ft)

First Floor                        131 sq m   (1,412 sq ft)

Second Floor                   134 sq m   (1,444 sq ft)

Total Net Internal Floor Area    516 sq m  (5,556 sq ft)

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Auction House North West
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To receive your FREE Residential Appraisal contact:

Oliver Adams

Tel: 0800 050 1234

Mob: 07879 426 774

To receive your FREE Commercial Appraisal contact:

Stuart Cooper

Tel: 0161 830 7477

Mob: 07764 158 231