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One of our Network Partners – Nick Girone-Maddocks from Gibbins Richards in Wellington, Somerset, entered the NAVA Novice Auctioneer of the Year competition last Wednesday and was Runner Up. Congratulations Nick ! A really superb achievement. He was up against 12 other competitors from across the country and from the different disciplines in our industry Read more
Friday 26 October 2018 -
Network Auctions’ latest London ballroom sale on 25th October shows “there’s opportunity for value,” says Toby Limbrick, Director, despite the tough market. “There’s an absence of owner occupiers in the room, with the majority of the buyers being seasoned investors.” “Compared to the open market which appears to be at standstill, the auction room provides Read more
Friday 26 October 2018 -
Dunbar House, also known as Danbert House, is a forlorn sight in Morfydd Street, Swansea. It’s once glorious Gothic gables are derelict and weeds have taken the place of the magnificent stonework that used to adorn the windows. Built in 1880 for a tinplate magnet, the property has been beset with bad luck since the Read more
Monday 8 October 2018 -
After tense judging on the 4th September at the Royal Automobile Club, Pall Mall, a panel of judges and observers from The Negotiator shortlisted the nominations for this year’s Negotiator awards selecting Network Auctions for Residential Auction Service of the Year. The three finalists and winners of each category will be revealed in a grand Read more
Monday 10 September 2018 -
The vendor of a high-spec office building in Peterlee, County Durham has decided to risk the vagaries of the UK property market by placing his building at auction with NO RESERVE. That means the block built in 2006, with a potential rental value of £186,384 per annum, could be snapped up for just a few Read more
Friday 31 August 2018 -
Network Auctions latest sale on 12th July at Grosvenor House Hotel, London has delivered a market beating performance and allayed fears of a property market downturn. The sale delivered a total of £8 million across properties geographically spread across the county and across all asset classes. A modern church with car park located in Surrey, Read more
Friday 13 July 2018 -
With the BBC reporting on RICS comments about a sluggish market property sellers will seek alternative ways to fast track their sale. https://www.bbc.co.uk/news/business-44794225 Auctions are an attractive solution as Network Auctions proved yesterday at their London sale at The Grosvenor House Hotel, Park Lane London Final lot of the day guided at £750,000 saw spectacular Read more
Friday 13 July 2018 -
Network-E, the online auction platform offered by Network Auctions for their estate agent partner agents, has raced ahead in profitability this year despite the difficult market conditions. Figures just released from Network Auctions show a whopping £4,184,000 has been raised already in 2018 via the online platform with commission of £74,890 being paid to partner Read more
Thursday 14 June 2018 -
Network Auctions’ Toby Limbrick will soon be hitting the Homes Under the Hammer screens following a valuation he did for the team on a pair of lock up garages in north Watford. The vendor of the properties, a successful local investor, is currently seeking planning permission for development. Bought at auction earlier in the year, the TV Read more
Monday 21 May 2018 -
A property which has been in the same family ownership for over 50 years has sold at Network Auctions 19th April London sale for £225,000 to a bidder who flew over from Switzerland specially to bid on the lot. The three bedroom non standard construction property in a plot of approx. 0.42 acres located in Read more
Monday 23 April 2018 -
Four ” roadway” parcels of land that had been left to a Vendor from his prolific house building father have been sold at our London auction making a profit of just under £27,000 from the scraps of land which consisted of highways, paths and verges The Vendor, who had owned the land for many years, Read more
Monday 23 April 2018 -
An unbroken Freehold of 33 flats in Leicester has been listed by Network Auctions for sale in their 19th April London auction. Guided at £1.9m the flats have an estimated rental value of £184,800 per annum. The recently refurbished block occupying a site area of 0.28 acres in Upper Temple Walk, Leicester comprises 11 x 1 bedroom and Read more
Tuesday 27 March 2018
Yearly Archives: 2018