Please be aware there may be additional fees payable on top of the final sale price. Our New Property Series; Auction House London's blog; TV appearances; Auction House London. All sellers at auction are motivated to sell and want to sell quickly. With people still facing financial difficulty, coupled with the slightly unstable state of the UK economy, the number of repossessed homes sold at property auctions has increased. 3 bedroom end of terrace house for sale218a Harwich Road, Essex, CO4 3DJ, 4 bedroom house for saleArdleigh Green Road, Hornchurch, 3 bedroom semi-detached house for sale67 Costead Manor Road, Brentwood CM14 4XY, 5 bedroom semi-detached house for saleHigh Road, Horndon-On-The-Hill, Stanford-Le-Hope, 2 bedroom flat for saleHarrisons Wharf, Purfleet, 2 bedroom ground floor flat for saleBroomhill Road, Woodford Green, Essex, 2 bedroom detached bungalow for sale54 South Street, Rainham, Essex, RM13 8PJ, 3 bedroom semi-detached house for sale160 Roding Road, Loughton, Essex, IG10 3BS, 4 bedroom detached house for saleWakerfield Close, Hornchurch, 3 bedroom semi-detached house for sale6 Bata Avenue, East Tilbury, Tilbury, Essex, 4 bedroom detached house for saleThe Village, Little Hallingbury, Bishop's Stortford, Essex, CM22 7PX, 1 bedroom flat for saleAlgers Road, Loughton, Essex, 1 bedroom flat for saleFlat 4, 166 York Road, Southend-on-Sea, SS1 2DZ, 1 bedroom flat for saleEden Green, South Ockendon, 1 bedroom apartment for saleLinnet Way, Purfleet On Thames, 2 bedroom terraced house for saleBedford Road, Grays, 2 bedroom park home for saleCummings Hall Lane, Noak Hill, Romford, 3 bedroom semi-detached house for saleStour Way, Upminster, 1 bedroom ground floor flat for saleCovert Road, Hainault, Ilford, Essex, 1 bedroom ground floor flat for saleBeauchamps Drive, Wickford, Essex. Unsold lots are made available to buy after the auction, stating the minimum price for which youll be willing to sell. This could also be due to a high reserve price or other administrative issues such as documentation not being available in time for auction day. London Southend Airport and London Stansted Airport are both in the county too, meaning the opportunities for international travel are right on your doorstep! Contact the auctioneer. The other advantage for the sellers is that there are no refunds, so you cannot change your mind once the hammer is down. What are the risks associated with selling your property at auction? If youre looking to buy, sell, or find out more about land and property in the Essex & London areas, get in touch with a member of our expert team today. All rights reserved. This may include providing access to the property for inspections or repairs as well as any legal obligations. Description. Take a look at. A link to the full auction catalogue (if available) and a link to the auctioneers website. This generally includes any marketing expenses and other general fees. I would like to thank you and your colleagues for the very professional service you provided in selling our business premises.It was our first experience of using an auction but it was superior to the service offered by the commercial agents who had offered the business for sale and had several abortive sales. Great down to earth team who listen and deliver. . However, you may miss out on the potential for higher bids at the auction so think carefully. If you choose to sell with Clive Emson, all fees will be agreed upon prior to instructions being confirmed so therell be no unexpected costsonce the sale goes through. Clive Emson auctioneers offer all our sellers maximum exposure to the property market. Its best to contact us directly so we can provide a free in-person appraisal and advise on the predicted selling costs. What are the details of the auction? This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. 1968 Sq.Feet (182.83 Sq.Metres) Guide price 575,000. The Full Catalogue covers all our auctions in the south of England; Essex and North & East London, Kent & South East London . Our service is second to none in the Southend-on-Sea, Basildon, Grays, Brentwood and Chelmsford . These legal documents are a requirement when selling your house at auction in the UK. Torksey, Lincoln, Lincolnshire, LN1. At best, they might feel a bit unlived-in. This is a great sign as it shows that your property is highly desirable. If you suspect the property is a repossessed home, the easiest thing to do is phone up the sellers solicitor and ask them who is the seller. Unsold Auction Properties in South Wales If you're looking for an unsold auction property in South Wales or North Wales or wishing to sell yours, turn to The Property Auctioneers. Auction House Essex & Kent Past Auctions Results for recent auctions in Essex & Kent Below is a list of the auctions held by Auction House Essex & Kent in the last 12 months across Essex & Kent. A Two Bedroom Detached Bungalow Offered With Planning Permission for the Demolition of the Existing Building and Construction of Two Semi-Detached Houses (1 x Four Bed with Habitable Loft, 1 x Two A Vacant Three Bedroom Semi Detached House. Regardless of the state of the property fire-damaged or pristine, in need of renovation or conversion theres bound to be a buyer to match. This could be due to market conditions, the type of property that youre selling or simply the timing of bringing the property to market. Essex, RM17 5YR *Please refer to auctioneer for more information. Viewing the property yourself before placing a bid to make sure there are no defects. We help our clients with the buying and selling of residential and commercial properties by auction. How to sell a property at auction in the UK A Step by step guide. What is a Foreclosure? East London is just as vibrant. For more information on fees please go to cliveemson.co.uk/buyers-fees/. When the gavel falls, a 5,000 holding deposit is taken from the highest bidder, with the remainder of the 10% deposit being due within 24 hours. There are plenty of properties and land for sale in Essex, just waiting to be auctioned to the right buyer. Essex County's foreclosure filings increased by 167% between 2022 and 2019. former primary schools in Tunbridge Wells, Tell us the details of your property here, increase minimum energy efficiency ratings, How to sell a property at auction in the UK - A Step by step guide. From independent indie businesses to bustling nightlife and historical points of interest, youll never be stuck for ideas for a day out. There are several things to look out for when identifying repossession houses at an auction. 450 New North Road, Ilford, Essex, IG6 3EB. After 41 years in our present home this has not been easy, but it could have been so much worse.So many thanks to you all. Online auction date. 0 1000000+ . Auctioneer contact form and/or telephone number for every property, allowing you to email or call the auction house to find out further details, request a legal pack or to arrange a viewing. This property is for sale by the Modern Method of Auction. 2023 Clive Emson Auctioneers. MyUKAL facilities enabling you to save properties of interest and access to full details of unsold lots. Added on 17/03/2023 by Douglas Allen, Basildon 01268 439979 Local call rate 1/14 300,000 Guide Price * Bourne Avenue, Basildon, Essex, SS15 Terraced 2 1 Related reading:What happens to unsold auction property? In fact, selling at auction is typically a much faster process. This frustration is avoided with the auction process. The nations leaders in online real estate foreclosure listings information delivery. Commercial Property Essex CB10 250-300,000 Read more about Commercial Property Essex CB10 250-300,000; Development Opportunity Essex CB10 60-75,000 I would like to take this opportunity to thank you for your services throughout the process of selling my land. Established in Chelmsford in 1946, Chelmsford Auction Rooms is the only auction house based in Chelmsford, Essex. Its possible to pick up repossessed or distressed sale properties with up to 30% off the market price at residential auctions. When Andrew said he thought this sale and purchase could work we had our doubts. Land at 674 High Road, Buckhurst Hill, Essex, IG9 5HN. Giving our clients professional and unbiased advice has been our priority since we were founded. With over. We'd never sold at auction before but from start to finish Tim understood our situation, explained the whole procedure, kept us up to date with developments and was always available to answer any questions we had. For example, We have a large database of potential buyers. The sale of the property goes towards paying off the previous owners debts, and the lender is legally obliged to get the best possible price. For the buyer, it provides an opportunity to purchase the property before it goes to auction and potentially avoid an inevitable bidding war with other interested parties. A link to the full auction catalogue (if available) and a link to the auctioneers website. An auction property may have fire damage or be in need of complete renovation, which may seemingly make the property difficult to sell. Copyright 2023 All Rights Reserved | UK Auction List | Munek Limited #6759237 | VAT 313 1363 49 | The property is situated within a quiet sought after area. We have approval from all the auction houses that we list in our database and therefore aim to provide accurate and detailed information on every property in our database. If a bank cant sell a property through an estate agent, often it'll go to auction for a quick sale. Established in Chelmsford in 1946, Chelmsford Auction Rooms is the only auction house based in Chelmsford, Essex. This is usually followed by an eviction order. Online Auction 4th May, 11:00 AM Grid List Map Thursday 4th May 2023, 11:00 AM Online Online Auction Lot 1 THREE-BEDROOM TERRACE HOUSE FOR REFURBISHMENT Maidstone Area - Kent Area Guide Price 220,000 - 240,000 * + Fees Lot 2 SEMI-DETACHED HOUSE FOR RENOVATION Hastings - East Sussex Guide Price 250,000+ * + Fees Lot 3 Read more about ouronline auction process here. With enviable road and rail links to London and easy access to the M25, youll already be in a prime location to travel the country. Typically your fees may fall into three categories: In truth, these costs can vary depending on the type of property being sold. Well also advise you on a suitable reserve price and how to get the very best price for your property. With enviable road and rail links to London and easy access to the M25, youll already be in a prime location to travel the country. As the seller, you are responsible for a contribution towards the catalogue expenses, as well as a commission on the sale. Hillsboro, 377 Southchurch Road, Southend-on-Sea, SS1 2PQ, GHL House, 12-14 Albion Place, Maidstone, ME14 5DZ. 2 bed property for sale Flag Hill, Great Bentley, Colchester CO7. The obvious attraction in repossession houses and flats is the low reserve, reflected in the guide price. There are no guarantees on the purchase and you must buy it as it is. Essex boasts a staggering eighteen beaches, including Canvey Island and Holland-on-Sea, which make for the perfect scenic walk, or weekend getaway. If you need to sell fast call Auction House F. Palmer, Auction House Essex have offered us a personal and extremely professional overall service at a very competitive commission level.We instructed them to sell a commercial property which had previously been marketed via another agent for both private treaty and auction sale without generating any genuine interest. You're sure to find an unsold property of interest to you, with plenty of variety to choose from including residential properties, commercial lots such as shops, offices, pubs and more, mixed-use properties, garages and land too. *Unsold. North London comprises several boroughs, including Hackney, Camden, Enfield, Islington, Westminster, and Barnet. If the highest bid at the end of the auction does not meet the reserve price, the property will not be sold, and the seller is not obligated to accept any of the bids. Check the auctioneers catalogue. . Tips for Buying a Foreclosed Property: Start by searching for available pre-foreclosure properties in your area. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information. The typical auction buyer is looking for a variety of different lots. A powerhouse of activity, people from all over the world flock to the city to visit its landmarks, live on its historic streets, and work towards their goals. How Does Foreclosure Work in Real Estate? Youll effectivelyexchange contracts on the day of purchaseand the completion date can be in as little as 20 working days. Situated in the East of England, the ceremonial county of Essex is an innovative, eclectic, and truly unique place to live. Since the Covid 19 pandemic, online auctions have increased in popularity. However, we invite you to explore other types of properties available on our website, including short sales and pre-foreclosures. Our Essex county foreclosures, sheriff sales, short sales and pre- foreclosures, will also include the full contact information for all foreclosed properties including number of bedrooms and baths and price. Over the years we have developed a close working relationship with a large number of corporate and independent estate agents. Being Sold via Secure Sale online bidding. Wherever you live, youll never be far from great schools, and even greater people. Below is a list of the auctions held by Auction House Essex & Kent in the last 12 months across Don't miss out on this opportunity to get a great deal on a foreclosed property. What are the details of the property location and is there any other relevant information? What Happens to the Properties that Dont Sell at Auction? This is a confidential figure agreed with the seller and auctioneer prior to the auction, below which the seller will not want to sell and the auctioneer cannot sell. Set the minimum and maximum price you're . has some of the best transport links in the country. We want to inform you that our site cannot guarantee the availability of any property listed here. For example, weve sold everything fromformer primary schools in Tunbridge Wells,toWorld War 2 Bunkersin Devon. For the seller, it offers the possibility of a quick sale and the certainty of a sale price but youll need to assess each offer and make a judgement call as to whether to accept. With a soaring population of almost two million, its not hard to see why our Essex property auctions are helping more people than ever make Essex their new home. Auction House make the process simple and give our clients confidence and as an agent we get paid immediately. Have you ever sold your property, had an offer accepted on your dream home and progressed all the way to exchange of contracts before the sale falls through? The guide and reserve prices are of paramount importance and must be set realistically in order to generate as much pre-auction interest as possible. Unsold. This means that the buyer and seller have entered into a legally binding contract to buy or sell the lot at the agreed sum. 01622 279788. Foreclosures 583, Pre-foreclosures 3,720, Short sales 235, Sheriff sales 446, 1998 - 2023 Foreclosure Listings Corporation - We knew nothing of the auction process and had settled for instructing an estate agent and were in for the long haul of selling.However, our doubts went when your team took over. However, not all properties will have this information in the catalogue. *Guides are provided as an indication of each seller's minimum expectation. We shall raise a glass, hopefully, to you all when we arrive in our new home. Completion then typically happens 20 business days after exchange. Traditionally, a non-auction seller may be waiting for months to find a suitable buyer. Essex County's foreclosure filings increased by 167% between 2022 and 2019. Yes, you can buy an unsold property after auction but you might need to act quickly. Buyers Fees apply - see brochure for details. If you secure the right property, it may just be your new home or business location, too. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. This is because the contract of sale at auction must be completed within 20 working days of the auction date. Our online system allows you to view the current bid, the amount of bidders and a live countdown to the end of the auction. Get in touch here. Over the last 70 years, we have been trusted to act in the valuation and sale of goods by Solicitors, Estate Agents, Insurance Companies, Certified Bailiffs, Liquidators, Executors and members of the general public. Marketed by Allsop, Auction. Once youve established the expected fees, its completely natural to compare the fees of an auction house and an estate agent to see which method of sale suits you. Description. If the repossessed property was previously owned by a buy-to-let landlord, it is possible that the property may be resold with a tenant in place. Full access to our auctioneers directory providing contact information for auction houses around the UK, plus to our auction calendar displaying forthcoming auction dates, as and when confirmed by each auction house. Terms & Conditions | At worst, the previous owner could have stripped out all fixtures and fittings before leaving. If the seller chooses to accept a pre-auction offer, the auction wont proceed as planned and the sale can go ahead. MyUKAL facilities enabling you to save properties of interest and access to full details of unsold lots. Streetview and Google Map location for each property. We wanted to express our thanks to the AuctionHOUSE staff for your patience and professionalism.Since February, when we first saw and fell in love with the flat, it has been a bit of a rollercoaster. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold. Unusual lots such as Martello towers, nuclear bunkers, car parking spaces, churches, chapels, theatres, barns, oast houses and even sea forts! At the end of the auction, the property will be sold only if the reserve price is met or exceeded. You can find more information in our Privacy Policy. London Property Auctions A bustling city of over 9 million people, London is the unrivalled economic hub of the country. , or find out more about land and property in the Essex & London areas. Proof that you own the property: You will need to provide proof that you are the legal owner of the property by providing title deed, land registry documents, or other similar documents. You can enter your bids manually or allow our 'Maximum Bidding' function to do this for you. Take a look at our current lots to find out more. It's essential to view other properties and research the area thoroughly, just as you would with any other new house. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. is just as vibrant. Past Online Auctions by Auction House Essex & Kent With a total population of almost 9 million people, its easy to see why families and workers are drawn to the capital after all, whats not to love? After auction day, unsold lots will be pitched to the auctions team database . For sale by Modern Method of Auction. These include commercial and residential properties as well as plots of land, all located in vibrant and highly sought-after areas of the country. Of course, there are risks associated with any house purchase transaction, however, selling via auction in the UK is a fairly low-risk strategy. The agreement seeks to answer the following questions: Instruct a solicitor or licenced conveyancer to prepare the legal documents which will be made available to all interested parties prior to the auction. North and East London arent just loved for their attractions, either. 14 . At an Essex property auction, you can secure yourself a beautiful home in one of the countrys most coveted areas. Most energy companies will switch you back on for free, but phone lines usually have a charge. Also remember that 'Repossession' doesnt always mean 'bargain'. 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