BidX1 presses ahead with seven sales in April
Online auctioneer BidX1 will press ahead with seven sales in April, including a sale of London and Greater London homes in association with Foxtons.
The sale with Foxtons, scheduled for 3 April, lists 32 lots. This is significantly more than its previous tie-up with the estate agent in February, which saw it sell eight of nine lots offered.
The latest catalogue includes a three-bedroom cottage off Shooters Hill Road in Greenwich, SE10, guided at £1.4m. Income-generating opportunities include a freehold property in Acton, W3, arranged as three one-bedroom flats and six studio flats, producing £86,400 per annum. The lot is guided at £1.6m.
Online auctioneer BidX1 will press ahead with seven sales in April, including a sale of London and Greater London homes in association with Foxtons.
The sale with Foxtons, scheduled for 3 April, lists 32 lots. This is significantly more than its previous tie-up with the estate agent in February, which saw it sell eight of nine lots offered.
The latest catalogue includes a three-bedroom cottage off Shooters Hill Road in Greenwich, SE10, guided at £1.4m. Income-generating opportunities include a freehold property in Acton, W3, arranged as three one-bedroom flats and six studio flats, producing £86,400 per annum. The lot is guided at £1.6m.
BidX1 will hold its own residential and commercial sale on 5 April, with 51 lots listed. Commercial lots include a number of advertising sites put up for auction by JC Decaux. A 0.2-acre site in Bramley near Leeds is guided at £60,000.
Founder and chief executive Stephen McCarthy said the firm’s global digital platform meant services would not be disrupted in the coming days or weeks.
“The current unfolding situation surrounding the spread of coronavirus is highlighting the need to adapt to new more agile ways of working,” he said.
BidX1 said it would also be going ahead with online auctions covering Ireland, on 8-9 April, and South Africa on 2 April. A portfolio of 13 modern holiday cottages in Cornwall and on the Isle of Wight will go under the virtual hammer on 29 April, offered with a 7% net return for a three-year period. Guides start at £130,000.
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