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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 -
Network Auctions’ latest London auction on 22 February has brought the total raised in partner agent commission fees to over £100,000 in the last month, “proving the business model of the partner agency model works,” says Toby Limbrick, Director. The auction held at The Grosvenor House Hotel, Park Lane attracted lively and competitive bidding from Read more
Tuesday 27 February 2018 -
Network Auctions have boosted the number of properties offered for sale via their online auction platform product Network-E, underlining their desire to move further into the online auction space. Live bidding will be opening shortly for a range of properties across the country, including a three-bedroom Edwardian house in Sutton, Surrey that has been in Read more
Wednesday 14 February 2018 -
A host of industry experts, including Network Auctions’ Toby Limbrick, have given their verdict for the forthcoming year in a comprehensive new report covering UK property market predictions in 2018. The report “Expert Property Market Forecasts (2018)” compiled by Property Solvers, features a wide range of insights into macro influences, price and rental trends alongside Read more
Thursday 18 January 2018 -
Network Auctions has reported an 82% sales result raising £3.4m in its last sale of the year on December 7th marking a record beating year for the company. The sale included some notable results with a building plot in North London achieving a hammer price of £210,000 against a reserve of £110,000, a semi-detached house Read more
Thursday 14 December 2017 -
Christie’s Estate Agents, partner agents with Network Auctions, have entered the First Church of Christ, Scientist, a freehold site of 0.32 acres occupying a prominent position on Cheam Road, Sutton, Surrey. Guided at £750,000+ and set to go under the hammer on December 7th, the lot has drawn early interest from eager bidders. Located close Read more
Monday 27 November 2017 -
The spirited bidding for investment lots at Network Auctions’ 2nd November sale shows the market for buy-to-let is still alive and kicking. The well attended sale at Grosvenor House Hotel delivered a successful 80% overall sales result raising a total of £4,815,000. The variety of auction lots on offer attracted strong pre-auction interest with almost Read more
Tuesday 7 November 2017 -
Network Auctions are celebrating after winning a Silver award as “Residential Auctioneer of the Year” in a glittering ceremony at London’s Park Lane last night. The Negotiator Awards are recognised as the most prestigious event in residential property and the evening was hosted by comedian Jimmy Carr and attracted over 750 guests. Network Auctions director Read more
Tuesday 7 November 2017 -
Essential Information Group (EiG) reported a bumper September for the residential auction sector with 2,546 lots sold – up 11% and the largest volume of sales recorded since 2012. This is in stark contrast to the Rightmove Property Index which noted “The usual Autumn price bounce has so far failed to materialise.” Across the housing Read more
Monday 23 October 2017 -
Perry Power’s trial of conditional auctions in conjunction with Network Auctions ‘Network-E’ brand has been hailed a commercial success after achieving an 83% completion rate. Properties were placed for sale by vendors in their own ‘private online auction’ with guides ranging from £200,000 to £825,000. All six sales achieved above guide price, attracting multiple competing Read more
Thursday 19 October 2017
