savills

Over £80m sold in July

Inviting instructions for 18 August

Our 28 & 29 July auction, which took place across Tuesday and Wednesday sold over £39m, bringing our total raised across July to over £80m. You can now view the full results of the sale here.

Nicholson Boyd, head of Savills Commercial Auctions comments; "Investor demand for commercial assets remained strong in our latest auction, with many buyers seeking to secure opportunities ahead of auction day. This reflects continued confidence in the sector and a willingness among investors to move quickly when the right opportunities arise."

Jeremy Lamb, a director within Savills Auctions, adds: "Buyer appetite for residential property remains encouraging, particularly where pricing is realistic and opportunities are clearly defined. In our latest auction, we saw strong engagement from both owner-occupiers and investors, with attractive and well-located homes attracting significant interest and competitive bidding. Demand was especially strong in London and key regional markets, where buyers were prepared to act decisively to secure properties offering a good value."

Inviting instructions for our 18 August auction

We are inviting instructions for our Tuesday 18 August auction, featuring lots across the UK, including a mix of residential, commercial and development opportunities and with 225 lots already instructed, it promises to be a busy period. View preliminary lots here.

If you are interested in selling at auction and have a property you are looking to sell, then please don't hesitate to get in touch and we will be delighted to discuss marketing and reserve prices. We can be contacted on auctions@savills.co.uk or on 0207 824 9091.

18 August Auction

View preliminary lots here

Highlighted lots from 28 & 29 July

Residential
Tooting SW17

Guide Price £985,000
Hammer Price £1,050,000

Substantial three floor terraced building arranged as 1 x 4 & 1 x 1 bedrooms self contained flats
Presented in good decorative order
Located within the Heaver Estate conservation area

Commercial
Fulham SW6

Guide Price £1,200,000
Sold Prior

Freehold mixed use investment
Comprising two commercial units and three flats above
Two commercial units let & producing £39,400 p.a (low capital value of £425 per sq.ft based on GIA)

Commercial
Birmingham B10

Guide Price £180,000
Hammer Price £669,000

Value add investment/ development opportunity
Office building of 8,049 sq.ft (747.8 sq.m) with rear car park
Offered with full vacant possession - Guide reflects low £22.36 per sq.ft

Residential
Bow E3

Guide Price £785,000
Hammer Price £895,000

A three bedroom mid terrace house
Presented in clean decorative order
Well located for transport links and amenities of Bow

Residential
Dulwich SE21

Guide Price £425,000
Hammer Price £505,000

A three bedroom back to back semi-detached house
Benefitting from front and side garden area
Well located for the amenities of Herne Hill and Belair Park

Commercial
Ilford IG1

Guide Price £575,000
Hammer Price £605,000

Freehold mixed-use retail and residential development opportunity
Comprising a shop with 1 x studio flat
Planning permission granted to re-configure and develop to a shop with 6 studio flats

Private Finance

If you're looking for auction specific finance, there is a dedicated finance team who will be able to assist.

Find out more

If you have any questions, please do not hesitate to get in touch.

Savills Auctions

+44 (0) 20 7824 9091

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