A good variety of properties will be on offer to investors including commercial premises on The Strand Arcade in Derby, delightful four-bedroomed cottages in Idridgehay and Smalley with a guide price of £200,000 each and, in the city, various residential terraced properties, both tenanted and untenanted. The focus is on wide ranging properties to suit every type of investor, from properties which need renovation to commercial properties and development land.
It is expected that the auction room will be well attended for the last chance to complete a purchase before Christmas.
As auctions partner Simon Gillibrand says: “Buying properties at auction is a much simpler and transparent process which avoids a lot of the major delays which can be experienced with the normal legal process, as there are no chains, mortgages etc. Many vendors are surprised to discover that the whole process is over and done with so quickly, with contracts being exchanged there and then.”
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