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A property in Coventry has sold in an online property auction for 56% above its guide price after a bidding war saw the in demand place attract 124 bids! Storham House in Stoke Green, Coventry was listed by Network Auctions for sale online on the 5th November. The attractive period building, arranged as 6 x Read more
Thursday 5 November 2020 -
Storham House in Stoke Green, Coventry is set to be sold in an online auction by Network Auctions on the 5th November. The attractive period building which is arranged as 6 x 1 bedroom flats over three floors has a guide price of £370-380,000. Toby Limbrick, auctioneer, says, ‘We are delighted to be able to Read more
Monday 12 October 2020 -
Amidst growing talk of negative house prices around the corner, Network Auctions have shown once again they’re beating the market selling 89% and raising £3.6 million. In their 10th auction of the year, Network Auctions 1st October online only sale proved popular once again with bidders, with several of the lots being bought by owner Read more
Friday 2 October 2020 -
The former Cockington School, Old Mill Road, Torquay is set to find a new lease of life on 1 October when it will be sold in an online auction by Network Auctions. The freehold site, guided at £490,000+, has lain vacant for many years after a replacement school was built nearby. Planning permission was granted Read more
Friday 11 September 2020 -
For the first time in 50 years, 1 Sheffield Drive, Aylesbury, will be available on the market – and it makes its half-century debut via an online auction! Network Auctions have been tasked with selling the 5-bedroom detached property with quadruple size garage, guided at £475,000+, which comes with the availability of an 8-week completion Read more
Friday 11 September 2020 -
Network Auctions’ latest online collective sale on 10th September achieved a 90% sales success rate and raised £1.78 million. Toby Limbrick, Director, says, ‘The continued success of our online property auctions shows the strength of the market and the demand from buyers for attractive opportunities.’ The multi-lot auction which included a public house in Berkshire, Read more
Thursday 10 September 2020 -
Property Investor Today asked leading UK auction houses to find out how the industry might look after the pandemic. Network Auctions which sells homes across the country, has found that buyers are quickly adapting to the convenience of online auctions. “The mass migration online is the biggest change the auction market’s seen since the Sale of Read more
Friday 14 August 2020 -
Heralding the latest success of Network Auctions’ July 15th online sale, which achieved an 82% success rate and raised £2,295,200, Limbrick said, ‘Online is proving its viability.’ ‘Before Covid-19, online was starting to take hold, but now with buyers unable to travel to the auction room, we’re seeing a continued upsurge and also a preference Read more
Friday 17 July 2020 -
Ask an auctioneer what is one of the most frustrating things about the job and they usually say unsold lots. Unsold lots – the bane of an auctioneer’s life – even more so in the current climate when there’s no after sale buzz to prompt bidders to buy post-auction. Toby Limbrick, director at Network Auctions, Read more
Tuesday 7 July 2020 -
Network Auctions showed they really do sell properties with ‘No Reserve’ when a parcel of land sold under the online hammer at just £51 in their 21st May auction. The land situated at Meadow Way and Orchard Way, Reigate, Surrey comprised 0.62 acres of highway, paths, verges and part of a roundabout in the popular Read more
Friday 22 May 2020 -
Toby Limbrick, Director, Network Auctions has stated “Auctions are the most realistic way for properties to transact during the Covid-19 crisis”. His comments come amidst a wider call on the government to take action to help the stalling property market. “Despite the Coronavirus outbreak some vendors still need to sell, and we are seeing an Read more
Wednesday 13 May 2020 -
Here is the latest Video discussion by Network Auctions’ MD Toby Limbrick and Auctioneer Richard Worrall. Just click on the image below. Our catalogue for 21st May is now out so listen to a number of topics including:- How buyers are responding. How the successful Online bidding process works and what you need to do to Read more
Thursday 7 May 2020
