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Auction House North Wales
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    Auction House North Wales is part of Auction House UK, one of the country's leading property auctioneers for both residential and commercial lots and voted 'Residential Auction House Of The Year 2015' by industry experts. This award-winning group has over 40 members and is currently one of the most successful property auctioneers in the country, selling more and more properties under-the-hammer! 

    We sell all types of residential and commercial property, including land and tenanted investments. A minimum of 3 - 4 viewing sessions is held at every property which enables us to gauge the level of interest in the lots and meet genuine prospective buyers prior to the auction to answer any questions they may have.

    Our team will provide free valuations and accurate advice to ensure that the best prices are achieved with realistic reserve and guide price setting. If you have a property to sell by auction, please call 01248 711991 for further information

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Sellers 10 Steps to Auction Success
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    There are major reasons for choosing Sale by Auction and it is by understanding these that sellers can decide that Auction is right for their property.

    Speed

    There is no faster way of selling. The process can take as little as four weeks from instructing us through to an exchange of contract. You will likely bank the proceeds of your sale within 8-10 weeks from going to the market.

    Chance of Success

    Auction gives you a greater likelihood of selling your property than by private treaty. In recent years Auction House has sold around 80% of the lots offered. If you need a certain sale you really should consider the auction route.

    Legal and Binding

    When the hammer comes down you have exchanged contracts, your buyer is legally committed and can't change his mind. You will be so much better off than with an estates agent's sale where one third or more collapse after they have been agreed.

    Higher Profile Marketing

    Your property will be advertised intensively in the local press and proactively sent out to a targeted database of local, regional and national buyers. Your property will be featured in our high quality catalogues which are mailed and emailed to thousands of interested buyers and extensively promoted on the web.

    Open House Viewing Days

    We set up special viewing days for your property. Each is hosted by a member of our auctions team who talk knowledgably about the potential that your property offers, and answer all manner of questions from prospective buyers. It is by talking with these viewers that we judge and develop their interest, and help guide you in setting the right Reserve Price.

    Competitive Bidding

    Our aim is to generate interest from two or more prospective buyers and to encourage them to bid against each other in the auction room. The process of competitive bidding helps your property to achieve 'best price' on the day. Sometimes buyers are so anxious to acquire a property that they will put in a very strong pre-auction offer - if in our view that figure is unlikely to be reached or surpassed in the Auction Room, we will recommend its acceptance under auction rules, and with a condition that contracts are exchanged in advance of Auction Day.

    Best Price

    Often properties achieve a sale price at auction in excess of the Guide Price. Regularly the result is ahead of that which might have been acceptable with a Private Treaty sale, but you can always be sure that it has achieved its best price on the day. This is especially important on Probate properties where Executors have a duty to achieve 'best price'; when sale by auction is chosen this is guaranteed and it's also open to public scrutiny.

    No Renegotiation

    With Private Treaty sales the price agreed often isn't the price that you finally receive. With Auction there is no renegotiation, no discounting to take account of survey findings or any last minute gazundering. With Auction your buyer will have fully researched the properties condition prior to bidding and cannot reduce the sale price after the hammer falls.

    Timescale

    If you are in a hurry or have a deadline to meet, then Auction could well be right for you. From the outset you will know the date of the Auction and legal completion will usually be set for 28 days thereafter. This timescale is fixed and legally binding to the two parties. Financial pressures and the need to relocate or dispose of a property within a specific time frame can be accommodated and are almost always met with a sale by auction.

    Continuing Tenancy Income

    Many investment properties are now being sold by Auction without vacant possession being obtained in advance. By retaining the tenant the vendor will continue to receive rent until completion date and the purchaser will start receiving an income from that date onwards. Auction House sells a wide variety of occupied properties - Regulated Tenancies, Houses in Multiple Occupation, Assured Shortholds and other that are let commercially

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Benefits of Buying at Auction
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    There are many benefits of buying at Auction many of which will appeal and apply to you. It is by understanding them that the attraction of the Auction process will become clear.

    Chances of a Bargain

    Auctions really do offer the chance of a bargain. It is just as true of property auctions as it is in furniture and antiques salerooms. There is an abundance of TV programmes that will confirm this and they clearly demonstrate the public's attraction to the auction process.

    Certainty of Success

    If your hand is up when the hammer comes down then you will have exchanged contracts and the property will be yours. No one will be able to step in and take it away from you; there will be no chance of the seller changing his mind, someone gazumping you or a break occurring somewhere in the chain of transactions. You will have bypassed that anxious, uncertain, often lengthy period which private treaty buyers experience between agreeing a purchase and getting to an exchange of contracts.

    Speed

    If you want to buy an Auction property the process is quick and easy. There is a fixed, known timescale at the very beginning - the Auction date is set and the period from then to completion, which is usually 28 days, is stated in the Special Conditions of Sale. You know how long you have got to evaluate the property, obtain advice and expert opinions, and determine your maximum bid price.

    Opportunities

    Auction properties often offer opportunities for improvement and value enhancement. Many require work that can be tailored to your own personal requirements. Some lots include development potential, others offer change of use options (subject to planning) and can be converted to suit your future needs. Buyers are often looking for properties that will add value and generate resale profits - auction regularly provides these opportunities.

    No Hidden Surprises

    Auction House in conjunction with sellers' solicitors aim to make available all relevant documentation including Searches, Title, Leases on tenanted property, relevant Planning Permissions and Scheme Layouts for development plans. These will be published online and made available for download free of charge. We will be happy to provide an explanation and give general guidance too, should this be required.

    Level Playing Field

    Everyone has a fair chance at Auction; it isn't a first come first served arrangement. Most properties entered into Auction are sold under the hammer. They shouldn't stop you putting in a pre-auction bid if you are very keen on a particular Lot. For it to be accepted, it would need to be a very strong bid and at a level that might not be reached by competitive bidding in the Room.

    Competitive Bidding

    Often buyers get a property knocked down to them at a lower price than they were willing to bid up to, and by doing so will purchase at less than would have been the case by Private Treaty, Tender or Invited Offer. What is more, buyers will have the reassurance that other bidders share the same opinion of a property's value as they do and you should only have to be one bid ahead of your competitor or get to the reserve price to be successful.

    Immediate Tenancy Income

    If you buy a tenanted property you will start receiving rental income from the day of legal completion. Your investment starts delivering from the moment you take ownership and you can factor this into your evaluation of its return. The legal benefits of the Tenancy Agreement will pass over to you along with the responsibilities that it contains.

    Right Property and Right Purpose

    You will be interested in a specific Auction Property because it is right for you and you will want it for a specific purpose. Sometimes for your occupation or use, other times as a project or an investment. You will already know why you want it - your purchase will likely be part of a bigger plan, either financial, family or business related. Auction often offers the opportunity that you have been thinking about and the urgency it brings could persuade you to commit to that plan.

    Temporary Financing

    Nowadays there are specialist short-term lending options available that will enable you to complete your purchase with temporary funds, prior to your preferred long-term mortgage being put in place. Auction House can introduce you to specialists who work in this field, or to their own in-house Financial Advisor who can set up a conventional mortgage to support your bid.





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Our Auction House Team...
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    About Auction House North Wales

    Auction House UK is a network of property auctioneers who cover the whole of the country. We operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. We believe in selling at a local, regional and national level, and that local properties sell better to local buyers, which is why we operate auction rooms across England, Wales and Scotland. Each of the Auction House members are well respected and experts in their region. This means they can personally carry out valuations on your property, with a full knowledge of the surrounding area.

    The whole Auction House family are record breakers and award winners. Our sales figures over the years have continued to grow, gaining us the title of the UK's number one residential auctioneers. In addition to this, the teams have consistently won numerous awards, judged by peers within the property industry, including Best Auctioneer, Residential Auction House of the Year, and Best Franchise.

  • Team Member

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    Dafydd Hardy, Director & Auctioneer
    I qualified as a Chartered Surveyor; in Sheffield, in 1975 and have worked previously in various organisations such as the Welsh Development Agency, Prudential Property Services and Reeds Rains Estate Agents. I Started my own business in 1982 and then 1992 with co-director Richard Thomas BSc ARICS. We now have 5 offices and employ over 60 local staff many who have been wth the business for over 10-15 years. I have over 40 years' experience in the business of selling, renting and surveying of residential and commercial buildings and have been a Property Auctioneer for the last 10 years.
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    Claire Blezard, Auction Manager
    I have been working in the property industry for 22 years and I feel just as passionate now as I did back then about people and property. Having worked in London, Manchester, Bulgaria, Italy, Romania & Germany I feel that I have a strong knowledge of Commercial, Residential & Land sales and offer my professional advice to all the clients I have dealings with whether it be an investor, first time buyer, general seller or corporate client.
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    Where we're active

    Our Branch

    Our Branch

    Current Properties

    Recently Sold Properties

    Note: Markers represent the centre of postcodes, not exact locations

    Find us

    156 High Street
    Bangor
    LL57 1NU

    Telephone us

    Buying: 01248 548028  Local call rate

    Email us

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    Testimonials from Sellers

    • Seller Testimonial

      very professional, thorough and fair

      To all the staff at Auction House North Wales, I'd like to say thank you, for all your support whilst selling my house on Anglesey. I would particularly like to thank the auction manager Claire Blezard for all her help from Start to Finish. I found auction house to be very professional, thorough and fair, and would be happy to recommend them to anyone looking for a more quicker, certain sale. I was kept very well informed throughout the process with my phone calls returned promptly, which was particularly important to me. Many thanks again.

       Mrs Butcher

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    Disclaimer

    The content on this Microsite has been uploaded by Auction House, North Wales . Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Auction House, North Wales . Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Auction House, North Wales . Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North Wales on 01248 711991.


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