Find the perfect property at a great price
Edward Mellor hosts one of the largest Residential Auctions in the North, selling lots across Greater Manchester, Cheshire, Tameside, Lancashire, and even further afield.
Auctions are no longer the reserve of veteran property investors and landlords – in fact we have seen a huge upturn in buyers looking to take their next step on the property ladder, or even to purchase their first house under the hammer.
Whether you’re looking for a new house, business premises, investment, or to add to your rental portfolio, each event sees a huge range of property types go up for sale at the Sheridan Suite in Manchester.
Why Buy at Auction?
- Speed – Complete within just 28 days of your bid being accepted
- Certainty – Contracts exchange on the drop of the gavel, meaning the vendor is legally obliged to sell the property to you
- Great Value – Some properties are available at knock-down prices with disclosed reserves
- Immediate Rental Income – Some lots are available with a tenancy agreement already in place, meaning you begin receiving rent straight away
- Transparency – All bids in the room are public, so you can make buying decisions based on what others are prepared to pay
Can’t make it to the auction room? Take a look at our remote services!
We offer telephone and proxy bidding, which our team can execute in the auction room on your behalf.
With telephone bidding, a member of the auction team will call you during the sale. Usually, it’s a couple of minutes before the lot you want to bid on goes under the gavel.
They will then bid on your behalf upon your specific instructions and will inform you where the bidding is, including all competing bids too.
Although telephone bids are a great way of joining in on the auction action, you do need to make sure you’re in a location with good signal.
You might want to advise your maximum bid in advance, just in case your connection is lost.
Alternatively, you could place a proxy bid. With a proxy bid, you advise our auction team the maximum amount you’d be willing to bid on a particular auction lot.
With your authorisation, the auction team would then bid on your behalf in line with the bidding in the auction room up to your specified amount.
If the bidding in the room exceeds your maximum, then your proxy bid would end.
How do I make a proxy or telephone bid?
If you’d like to make a telephone or proxy bid, click here to download and fill in our form. You can then email this form to our auction team who will coordinate this for you.
Arrangements will need to be set up before auction day, with the information provided, documents signed and funds made available for the purchase deposit should your bid be successful.
You will also need to provide ID and will be expected to have done all the usual due diligence in advance.