Commercial properties and development sites across the UK, from Bolton to Birmingham, Sheffield to Stoke-on-Trent and Kettering to Wolverhampton, will feature in Bond Wolfe’s next livestream auction on Thursday 8 February.

The guide prices* range from £950,000+ for an 85-berth canal marina at Fenny Marina, at Fenny Compton near Southam in Warwickshire, to a plot of land beside the River Yeo in Devon with a nil reserve.

Plot 7a Greenmeadow Drive, in Barnstaple, Devon, is being sold freehold.

Ian Tudor, commercial auction director at Bond Wolfe, said: “For those with an eye for potential, there is an enormous range of opportunities in our February auction and, increasingly, canny investors are checking out the commercial lots in our catalogue.”

Fenny Marina, which includes a three-bedroomed bungalow and extensive outbuildings, will be among more than 50 commercial properties and plots of land lined up for sale in the livestreamed auction on Thursday 8 February.

Among them are a number of disused properties being sold by Birmingham City Council, including investments, , land and ground rents.

These include the former Sandcastle Day Nursery , on Chester Road, Erdington, which is offered freehold with a guide price* of £650,000+. The property is a post 1970s, single storey purpose-built school building on a site of circa 0.64 acres. It may be suitable for redevelopment, subject to planning permission.

A similar potential redevelopment project, subject to planning permission, is the former Four Dwellings Children’s Centre in Quinton, which has fire damage and is in need of renovation. The freehold purpose-built children’s centre currently has 17 parking spaces and has a guide price of £300,000+.

Another potential development opportunity is the gated former depot site at Latelow Road, Garretts Green, with a guide price of £175,000+.

Birmingham City Council has also instructed Bond Wolfe to sell 25 ground rents on a range of commercial, industrial and retail properties across the city, including ten in New John Street West.

Further afield, a seven-bedroomed mixed use property at 44 Main Street, Netherseal, Swadlincote, in Derbyshire, is being offered in conjunction with Watling Real Estate on behalf of the LPA Receivers with a guide price of £165,000+, while shop premises at 5 Duckworth Street, Darwen, Lancashire, are being offered for £24,000-£29,000.

In Galashiels, Selkirkshire, a freehold town centre commercial investment at 80-82 Channel Street, with planning permission to convert the first floor into two apartments, has a starting price of £150,000, while a town centre investment property housing two restaurants and a live music venue, at 107, 108, 108a High Street, Stourbridge, has a guide price of £475,000+.

Another prominent town centre investment property, this time at The Crossways, Nelson Place, Newcastle Under Lyme, is listed with a starting price of £345,000+.

This three storey building comprises the Crossways bar on the ground floor and three recently refurbished apartments above.

Meanwhile in Walsall, derelict former warehouse premises at 1 Day Street, considered suitable for development with the necessary planning consents, are listed from £45,000+.

Ian Tudor added: “The range of commercial properties, in both price and geography, on offer at our auctions is attracting bidders from both this country and overseas.

“We want to build on our successes of 2023 and in 2024 cement our place as the UK’s leading livestreaming auction business, selling properties throughout the UK.”

The commercial properties are among 192 lots that are appearing in Bond Wolfe’s next auction, which will start at the earlier time of 8.30am on Thursday 8 February.

If you have a property you are considering selling, visit https://www.bondwolfe.com/free-property-appraisal/ email auctions@bondwolfe.com or call 0121 312 1212 or 01902 928 510 for advice or to arrange a free no obligation valuation.

Dionne Lee, who turned a nearly £100,000 profit from her initial home flip, now boasts ownership of 18 properties and has shared her journey, including critical missteps to steer clear of.

With close to thirty years in the real estate game, Dionne embarked on her property journey at just 20, juggling three jobs to amass a deposit. Her inaugural purchase, a modestly priced house at £66,100, underwent strategic renovations and sold seven years later for a lucrative £160,300.

Merely a year after her first acquisition, Dionne expanded her portfolio with a second and third property, respectively, in the following years. Now at 47, the financial mentor and brainchild behind A Woman Inspired, Dionne leverages her extensive property portfolio to offer guidance to budding homeowners.

Highlighting key pitfalls to avoid, Dionne, hailing from Queensland, Australia, shared insights with AbsolutelyBusiness.com, reflecting on her initial foray into property investment as one of her best decisions. Despite her rigorous job schedule, Dionne managed to save diligently, aiming for properties that were affordable yet strategically located to self-sustain financially.

Dionne reminisces about her first property, where she minimally invested around £2,600 in renovations, admitting in retrospect that selling it was a misstep. Life’s unpredictable turns, including a job opportunity that fell through just as she was relocating, forced her to sell one of her properties to remain financially afloat.

Since her first venture, Dionne has acquired 18 properties across Australia, ranging from £33,400 to £733,900, each chosen with careful consideration of location and potential for appreciation.

Dionne’s property journey spanned various Australian regions, starting in South Australia, where she bought four properties within five years, then moving to the Australian Capital Territories for another two, and eventually expanding her investments to Victoria, South Australia, Queensland, and Western Australia.

She now shares vital tips for those venturing into the property market, emphasizing the importance of professional advice, thorough research, and financial preparedness. Dionne advises against emotional purchases, stressing the necessity of a well-thought-out checklist and a pragmatic approach to property investment.

Her key strategies include:

• Consulting with seasoned mortgage brokers and solicitors for informed financial structuring and legal advice.
• Creating a detailed checklist to guide property selection, focusing on financial viability, location, and potential growth factors.
• Conducting comprehensive building and pest inspections to avoid unforeseen expenses.
• Preparing for all associated costs, including government fees and ensuring adequate financial reserves for deposits and purchasing costs.
• Securing pre-approved and thoroughly assessed loan applications to avoid financing pitfalls.
• Mastering negotiation techniques or enlisting experienced investors to negotiate on one’s behalf.

Dionne’s methodical approach to property investment, underpinned by her personal experiences and professional expertise, offers valuable insights for both novice and seasoned investors in the real estate market.

Leading Real Estate Companies of the World® (LeadingRE), the global network of premier real estate firms, has announced the addition of 36 new international members to its professional community.  

The new member firms to have joined LeadingRE’s network last year include property businesses from the UK, Europe, United States, Canada, Latin America, Caribbean, Asia the Middle East, and Africa. This remarkable expansion brings the firm’s worldwide membership to 550, representing a network of more than 138,000 real estate associates in more than 70 countries worldwide. 

As an invitation-only business-to-business real estate community, LeadingRE interconnects top local and regional real estate firms across the world and supports their success with best-of-industry assets, like referrals, exclusive events, elite training and education, marketing and technology resources, and support.  

Chris Dietz, President of Global Operations at LeadingRE, commented: “Last year we experienced some global economic uncertainty and challenges including interest rates rises and unforeseen fiscal fluctuations. Real estate is a people business and by connecting professionals around the world, we can enhance our understanding of property markets – both locally and internationally. We are delighted to see such diverse new members from APAC, EMEA, LATAM and North America join our ever-expanding community of leading professionals. We look forward to continued growth in 2024 as we embrace another exiting global real estate market of opportunity.” 

Selected companies in the LeadingRE international network are recognised for their expertise and superior knowledge of both local and global markets. All LeadingRE members are vetted, not just for performance, but a continued commitment to quality customer experience.  

A full list of new LeadingRE member firms can be found below:  

Asia-Pacific: 

Cambridge Real Estate (Cambridge, New Zealand) 

Lodge Real Estate (Hamilton, New Zealand) 

Richmont’s (Sathon, Thailand) 

Canada: 

MacKay Real Estate (Wolfville, Nova Scotia) 

Real Estate Centre (Taber, Alberta) 

Team PowerHouse (Prince George, British Columbia) 

Boldt Realty Inc., Brokerage (St. Catharines, Ontario) 

Europe, Africa and Middle East: 

Boulevard Group (Nice, France) 

Castelhana Real Estate (Lisbon, Portugal) 

Ismail and Partners (Lagos, Nigeria) 

Maior Capital (Olbia, Italy) 

Oria Advisors (Lisbon, Portugal) 

Philip & Frank (Prague, Czech Republic) 

San Patrik Real Estate (Zagreb, Croatia) 

Savoir Prive Properties (Dubai UAE) 

Strand Properties (Marbella, Spain)  

The London Broker (London, United Kingdom) 

Latin America and the Caribbean: 

CENTRAL MAXRE SRL REAL ESTATE (Buenos Aires, Argentina) 

Dominican Properties (Santo Domingo, Dominican Republic) 

Panama Sovereign Realty (Pedasi, Panama) 

Peters & Romero Real Estate (Mexico City, Mexico) 

Propiedades Cancun (Cancun, Mexico) 

Vida & Co. Ltd. (San Ignacio, Belize) 

United States 

Chisum Realty Group (Angel Fire, New Mexico) 

Christie’s International Real Estate Bluegrass (Lexington, Kentucky) 

ClearView Realty, LLC (El Paso, Texas) 

Denovo Realty (Melbourne, Florida) 

DiPietro Group Real Estate (Windham, New Hampshire) 

DJ & Lindsey Real Estate (Saint Augustine, Florida) 

Galles Properties (Pagosa Springs, Colorado) 

Hogan Associates Christie’s International Real Estate (Middletown, Rhode Island) 

Homepage Realty (Louisville, Kentucky) 

Huntington & Ellis, A Real Estate Agency (Las Vegas, Nevada) 

Liz Moore & Associates (Williamsburg, Virginia) 

Meservier & Associates (Auburn, Maine) 

St. James Properties (St. James, North Carolina) 

Wallace Real Estate (Knoxville, Tennessee)