PUTH Auctions

Government grants are available for homes with an EPC rating of D or below. Call 01616973040

Our cash buying department buys properties fast or we will list it for you in our auction with no fee to you. Get in touch and see if we can help you ☎️ 01616973040

We are delighted to offer for sale this unbelievable investment opportunity, located on the sought after residential area of Cornelia Terrace, Seaham.

Situated within walking distance of local shops and just a short stroll to Seaham Harbour and Seaham Train Station, this is an extremely sought after location.

Total rent pcm for all current tenants £3650.
Total value of all properties at £869k
5 Properties to be sold, with 4 currently tenanted long-term by professional people who have no desire to leave. Each property has been renovated to a high standard, including new wiring and central heating.

**Enquiries are being taken for interest in splitting and selling properties separately.**

Property Information - 27 Cornelia Terrace:
- 2 Bedroom Property
- EPC D, Council Tax A
- 79 sqm2
- Same tenants past 8 years
- Current Rent £575 with potential to £650.
- Spacious
**Guide: £125,000**

28 Cornelia Terrace:
- 2 Bedroom Property
- EPC D, Council Tax A
- 79 sqm2
- Same tenants past 8 years
- Current Rent £575 with potential to £650.
- Spacious
**Guide: £125,000**

29 Cornelia Terrace:
- 3 Bedroom Property
- EPC D, Council Tax B
- 131 sqm2
- Same tenants past 8 years
- Current Rent £650 with potential to £750.
**Guide: £145,000**

30 Cornelia Terrace:
- 4 Bedroom Property
- EPC D, Council Tax B
- 135 sqm2
- Vacant and Images Used in Listing
- Potential rent £1000
**Guide: £160,000**

31 Cornelia Terrace:
- 4 Bedroom Property
- EPC C, Council Tax B
- 126 sqm2
- Tenanted
- Current rent £850, potential £1000
**Guide: £160,000**

121 Picton Road, Wavertree, Liverpool sold at live auction yesterday 🧑🏻‍⚖️

Very pleased with the result, as is the seller!

With your modern systems, we are able to match your property to a database of clients and investors to give you a selling edge!

With no selling fees and one of the lowest buyer fees at auction, we are best suited to help you sell your property.

🏠 14 Bridge Street, Darren, BB3 2AA 🏠

** Property to be sold at auction dated 4th March 2024 **

A well-maintained and beautifully presented mixed-use property, ideal for investors, with an income of £12,00 per annum for both the flat and commercial letting. Both are currently tenanted. Boasting a central position on the street, close to other local business complete to a high standard.

Property Description - This exclusive development is located next to a wellness centre, in a semi-rural yet convenient location with lovely countryside views and easy access to the motorway network via the M65, in addition to Hoddlesden Village and surrounding Darwen & Blackburn. The location of this property is highly convenient, with excellent public transport links, making commuting a breeze. Nearby schools ensure that families with children have access to quality education options such as Darwen Academy high school, local bus routes and amenities, providing convenience and ease.

The commercial tenants have been renting for a minimum of 4 years and have no intention of leaving.

Legal Pack - The Legal Pack for this property is available on our website, sold under Common Auction Conditions.

In the residential market alone, there was a 45.8% annual rise in lots offered and a 52.2% increase in sales. The proportion of lots sold was 67.5%, up from 64.6% in January 2023, while £135.5m was raised, a £103.4% increase.

David Sandeman, director of Essential Information Group, said: "The surge in auction activity in January is a testament to the growing appetite and demand for property auctions. The decision by two major London auctioneers to host additional sales in advance of their standard February dates reflects the increased interest we started to witness towards the end of last year.

“This strategic move underscores the heightened demand for auctions, a trend that began to emerge towards the end of last year. Auctioneers are adjusting their calendars to accommodate the increasing interest, leading to a significant rise in auction activity.”

Find the full article here:

https://www.eigpropertyauctions.co.uk/news/newsletter/2024/february

We believe that you shouldn’t be charged to sell your property through an agent. That is why we don’t charge any seller fees.💷

We understand that is is expensive to sell or purchase a property and that is why we try to make it fair for all those involved. By cutting this cost, we are able to offer one of the lowest auction fees to the buyer.

By having one of the lowest fees for the buyer, the prospects of your property selling greatly increases! 🙋🏼‍♂️

We had a property sell under auction conditions that a local estate agent couldn’t shift.

Client was frustrated with a need to shift quick and not receiving any viewings on their property on Shaw Road, Oldham.

Client came to us, had many viewings and got the money she set as her reserve and due to complete start of March 💕🙋🏼‍♂️

If you’re not happy with the results you’re getting, try Properties Under the Hammer and get the results you want and deserve.

Another happy client! ✌🏽🙋🏼‍♂️
This beautiful 4 bed, 2 bathroom, 2 reception semi-detached Victorian property has sold post auction for £275,000.
Through working with the client and buyers closely, we will always do our best to get you the sale suitable to all parties where we can.
With no hidden auction fees and no seller fees, we aim to be as open and transparent with any of our clients.

A two bedroom mid terraced house with rear garden overlooking Lancaster canal situated just outside of Preston City centre in Ashton-On-Ribble. Ideal for first-time buyers, this lovely home offers easy access to nearby towns and cities via Preston train station, local bus routes, and close proximity to local shops and amenities.

Entrance lounge, dining kitchen, first floor landing, bedroom one, bedroom two, bathroom with scope for a 3rd bedroom. The property offers huge potential to extend to the rear, into the loft and re-model the first floor layout to accommodate three bedrooms and bathroom subject to consents.

Currently let for £600 pm.

This gorgeous and well presented property comprises of two separate flats in a quaint village location easy reach of local amenities including picturesque walking routes, shops, pubs such as the White Hart Inn, restaurants, transport links to Oldham & Manchester, and more.
Both flats are to be sold as part of this sale.
Council Tax:
238 – A
238a – B

Property Information – 2 separately contained apartments at 238 and 238a Oldham Road.
• Ground floor – one bedroom
• First and second floor duplex – One bedroom
• “C” rated EPC’s for both flats
• Ground Floor vacant – True market rent of £650
• Duplex is tenant – £595 per month (below market) –
with true market rent of £800
• £18,000 per annum minimum achievable rent
• 2 Off road parking space

A 3 bed semi detached property, with 2 receptions. This good sized family home is situated in a central position, close to local schools, amenities and bus routes. Close by there is Ashby High Street, offering a variety of individual shops, restaurants and a weekly market.
Currently let for £500 per month.

This gorgeous and well presented property comprises of two separate flats in a quaint village location easy reach of local amenities including picturesque walking routes, shops, pubs such as the White Hart Inn, restaurants, transport links to Oldham & Manchester, and more.
Both flats are to be sold as part of this sale.
Council Tax:
238 – A
238a – B

Property Information – 2 separately contained apartments at 238 and 238a Oldham Road.
• Ground floor – one bedroom
• First and second floor duplex – One bedroom
• “C” rated EPC’s for both flats
• Ground Floor vacant – True market rent of £650
• Duplex is tenant – £595 per month (below market) –
with true market rent of £800
• £18,000 per annum minimum achievable rent
• 2 Off road parking space

Our January auction is just around the corner! With that comes some commercial and residential properties, alongside some land 🏡

📲 Register at Properties Under the Hammer website today to ensure you’re all set to bid on the day! 🙋🏼‍♂️

Zoopla have tracked the speed of property sales in the UK - the time it takes from a property being listed for sale to being sold subject to contract.

So, are houses still selling fast? No, not compared to the last three years - our latest analysis shows that UK property is selling in 34 days on average.

This is 12 days slower than the average speed of sales between 2020 and 2022. However, it mirrors pre-pandemic trends for early autumn.

More challenging market conditions and higher mortgage rates mean it generally takes longer to sell a home now than in the last three years.

The fastest regional housing markets are the North East and the North West, where the average property is snapped up in 30 days. This is quicker than the pre-pandemic time to sell for these areas.

Read the full article here: https://www.zoopla.co.uk/discover/property-news/zoopla-data-the-20-uk-locations-where-homes-sell-the-fastest/

The Leasehold and Freehold Reform Bill passed its second reading in Parliament last night.

Housing minister Lee Rowley pledged that the legislation would offer comprehensive reform and lead to a better system in the long term that levels the playing field and empowers people.

It came after hours of debate in the House of Commons where MPs expressed concerns that the Bill excluded a previously-promised plan to ban leasehold houses and didn't address stopping leaseholds on new flats.

Labour MPs also expressed concerns at how long the reforms have taken to hit the parliamentary agenda and that there isn’t support for introducing commonhold as an alternative form of tenure automatically on new-build homes.

The legislation will now enter committee stage where it is hoped that a ban on leasehold sales of houses will be introduced.

The Bill aims to make it cheaper and easier for existing leaseholders in houses and flats to extend their lease or buy their freehold.

It is also hoped that reforms will make these types of properties easier to sell.

The Bill will increase the standard lease extension term from 90 years to 990 years for both houses and flats, with ground rent reduced to £0 and remove the requirement for a new leaseholder to have owned their house or flat for two years before they can benefit from these changes.

There will also be a maximum time and fee for the provision of information required to make a sale such as building insurance or financial records to a leaseholder by their freeholder and more transparency over charges.

Additionally, the Bill will scrap the presumption that leaseholders pay their freeholders’ legal costs.

On auction next week we have 24 Witham, Hull. Sold As Seen in a brilliant location on a main road. Brilliant visibility as a commercial property or as a mixed use with the opportunity for residential use above as well 🏡
GUIDE PRICE: £70,000 - £80,000

Contact 01616973040 or email [email protected]

A bit cold this morning but just had to go and see our gorgeous sign at Milnrow 🙏🏼

To see one of these outside your property, call us on 01616973040 and we’ll get a free valuation done on your property!

With a guide of £70k - £80k, The Three Tuns Pub managed to sell at the top end of the guide at £80k 📈
We are very pleased with the results.

Interested in seeing your property sold? Message us on social media or give us a call on 01616973040 for a free valuation on your property and how we can help YOU.

What a day! With the end to the auction at 16:00 today, we are delighted with the results and pleased to share a couple with you.

With a guide of £125k - £150k, Bowland Grove managed to sell at the top end of the guide at £150k 📈
We are very pleased with the results.

Interested in seeing your property sold? Message us on social media or give us a call on 01616973040 for a free valuation on your property and how we can help YOU.

We are now live for bids!
www.propertiesunderthehammer.com/next-auction/

Lots start closing from 10:00 tomorrow through to 16:00, so plenty of time to get your bids in.

👨🏽‍⚖️ UPCOMING AUCTION 👨🏽‍⚖️

Monday 27th November 2023 on our website at www.propertiesunderthehammer.com

We understand how important the bidding day is, so remember to register to bid in advance so there’s less stress on the bidding day 📲 .

Always great to hear feedback from people! Please feel free to get in touch and let us know 📲

Amazing to see how hard work and dedication to our properties pay off.

Top for average details views per property per day in the last month in our property patch areas in the North West on Rightmove.

The conveyancing process has been highlighted as a key pain point among buyers in the property transaction process.

Research by anti-money laundering (AML) platform Thirdfort found 45% of homebuyers say slow property lawyer response time is a key pain point in the house buying process.

The research highlights how compliance and administrative procedures, including paper documentation and ID verification, contribute to a negative experience for people using conveyancers and property lawyers.

The survey of 2,054 UK adults by YouGov also reveals other key pain points for homebuyers, with 32% citing costs and 24% highlight providing paper documents such as bank statements, utilities and payslips.

A fifth of respondents queried why they were providing documents they have already supplied to an estate agent or mortgage broker and 13% were frustrated by the ID verification process.

A beautiful opportunity to be coming to auction 27th November!
This end of street, semi-detached bungalow oozes potential with a dormer already installed.

Contacts on 01616973040 to book yourself in for a viewing!

Estate Agents sold a record number of properties via online auction between July and September, figures from proptech firm iamproperty have revealed.

Capital value raised also reached a record figure of more than £431m in the third quarter, an increase of 5% on the previous quarter and an increase of 27% compared with the same period last year. Sales in August alone topped £155m, which is the most iamproperty has ever seen raised in a single month.

Insights from Rightmove mirror these trends, with consistent quarter-on-quarter growth. In Q3, the portal listed 29,278 properties for sale via auction, which was an increase of 33% compared with the same period last year. When looking at the year to date, sales agreed increased by 28% year-on-year, to more than 15,000, with more than 135m listing views on auction properties.

We are pleased to present this gorgeous and spacious 4-bed, 2 bathroom, 3 reception end terrace property 🙏🏼

The property also has a sunroom and a detached garage, with an enclosed garden space.