June 2017 Proeprty Auction
Our North West property auction is right around the corner, and we’ve got a near-record number of lots set to go under the hammer next Monday at the AJ Bell Stadium in Salford.
For those of you who are new to the scene, our property auctions are fast becoming the largest and most popular auction in the North West, as more landlords and sellers discover an effective alternative to conventional selling through an estate agent.
The forthcoming auction will feature 69 lots, with many interesting properties from across Manchester, Stockport, Bolton, Wigan, Preston, Oldham, Burnley, Merseyside, Cheshire and North Wales.
Two luxury duplex apartments at Valley Mill in Cottonfields, Bolton, are included in the June auction:
As well as the well known Royal Oak public house in Stockport Town Centre and a number of commercial premises across Greater Manchester including an industrial unit at Trafford Park.
In addition, St Buan Church near Pwhelli in North Wales features after having to be withdrawn due to a technical issue with the title. Rebuilt in the late 18th Century, this neo-Romanesque church is considered suitable for a variety of uses subject to planning with a guide price of £80,000.
Edward Mellor co-auctioneer Nick Green explained: “We had 76% of lots at our April auction going for above the guide price and the upward trend is patently clear. Auctions are a viable way of selling your property quickly and effectively without the hassle associated with the open market
“We’ve witnessed an 11% increase in the number of properties across the North West region coming to auction over the past 12 months with a growing number of property sellers surprised by how much they can get over and above the guide price. But it’s a nice surprise!
“By waiving the fees for sellers whose properties fail to sell we are taking away the risks associated with going to auction and we expect to see even more demand and interest over the coming weeks and months,” added Nick.
If you’d like to see the June auction line up, then click below to see the full list of lots.
Former Rochdale Print Works and North Wales Church are going under the hammer this Wednesday, 24th April.
A former newspaper print works in Rochdale and a Grade II listed church in Pwhelli are amongst the properties going under the hammer at our North West Property Auction at the AJ Bell Stadium in Salford this Wednesday.
The former 14,400 square foot Rochdale Observer Print House (Lot 19) on Drake Street has a guide price of £200,000 and comes with planning permission for 28 residential units.
St Buan Church in the picturesque village of Boduan near Pwhelli is being auctioned off with a guide price of £50,000 (Lot 24). Built in the late 18th Century, the neo-Romanesque church is considered suitable for a variety of uses subject to planning.
Nick Green, Auctioneer with Edward Mellor Property Auctions, commented:
“These are just two of many fascinating lots featured at our April auction with over 70 houses and commercial properties across the North West and North Wales going under the hammer”.
“The Rochdale print works offers a lot of potential for anyone interested in giving it a new lease of life whilst the stunning St. Buan Church represents a rare opportunity to own and develop part of our religious architectural heritage.”
“Interest in auctions is growing! We recorded a 13% increase in the number of properties presented at auctions in 2016 compared to 2015. More and more sellers across the North West are viewing auctions as a genuine alternative to conventional selling through an estate agent,” added Nick