SDL Graham Penny is the largest and most successful property auction house in the East Midlands, based on the number of lots sold and the amount of revenue raised.
We have one of the busiest auctions rooms in the region and always deliver excellent prices and quick results so you know if you buy or sell at an auction with us you’re in safe hands.
There are many advantages to selling at auction; it’s quick – the whole process takes around six weeks, there’s no chain and when the hammer falls the property is sold. You’ll get the best price and with no fall-throughs you’ll complete within 21 days.
Thanks to popular TV programmes like Homes under the Hammer, auctions are now being thought of the preferred route of sale for properties rather than the last resort it has often been considered in the past.
Properties in need of refurbishment, a property with unique characteristics, a tenanted property and plots of development land are likely to fetch a good price at auction. As will properties which may have been inherited and require a quick sale or even properties which have been on the private treaty market for a while and are struggling to sell.
Selling at auction widens the potential market; not only will there be buyers who want to make it their home, there will also be investors, developers and property dealers interested in buying.
Unlike some competitors, SDL Graham Penny asks for only a £295 entry fee from its vendor clients and a £750 buyers fee from its purchasers along with their 10% deposit on the fall of the gavel. This allows the sale prices to do the talking, demonstrating that the auction room can be the best place for achieving the best price.
We are located on Wheeler Gate in the heart of Nottingham city centre and hold 7 auctions per year at Nottingham Racecourse where we have a wide range of properties and lots for sale from vacant houses, flats and bungalows to land, building plots, shops and investment properties.
Contact us today for a free valuation on 0115 798 0372 and find out how you could put your property under the hammer.