Former court judged best in show at SDL sale
SDL Auctions’ sale on the 100th day since lockdown began saw it raise £9.3m with a 73% success rate.
The national sale on 30 June saw a return to the rostrum for auctioneer Rory Daly, who shared the role with managing director Andrew Parker. They offered 107 lots, with 78 finding buyers.
A former magistrates’ court in Burton-upon-Trent (lot 10) attracted plenty of interest. The Grade II listed building (pictured), designed in the English baroque style, retains its original features including the magistrate’s bench, glass dock and a leaded dome. Bidding was tense and the property sold for £525,000 from a guide price of £375,000-plus.
SDL Auctions’ sale on the 100th day since lockdown began saw it raise £9.3m with a 73% success rate.
The national sale on 30 June saw a return to the rostrum for auctioneer Rory Daly, who shared the role with managing director Andrew Parker. They offered 107 lots, with 78 finding buyers.
A former magistrates’ court in Burton-upon-Trent (lot 10) attracted plenty of interest. The Grade II listed building (pictured), designed in the English baroque style, retains its original features including the magistrate’s bench, glass dock and a leaded dome. Bidding was tense and the property sold for £525,000 from a guide price of £375,000-plus.
Also in the West Midlands, a partly completed mixed-use development in Oldbury comprising two commercial units on the ground floor and two flats on the first floor (lot 96) attracted lively bidding. It sold to a telephone bidder for £152,000 from a guide price of £75,000.
In the north of the country, terraced houses proved as popular as ever with several selling well on the day. One example was a four-bedroom house in Bolton (lot 107), which sold for £87,000 from a guide price of £50,000-plus.
Since the start of lockdown, SDL has raised more than £55m for sellers, including sales generated from partnerships with estate agents.
Parker said the live-streamed auctions were enabling the firm to sell stock far beyond its previous area of operation. “We had more than 1,000 registered bidders for this auction, which would be an unthinkable number of people to have in one room in the current situation, so we are in no rush to return to the auction room just yet.”
SDL will continue to hold live-streamed national property auctions with remote bidding only on the last Thursday of the month.
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