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BidX1 springs into April auction

BidX1 has announced its latest UK catalogue ahead of the second digital auction of the year on Tuesday 16th April.

The catalogue lists 48 properties, both residential and commercial, with an average lot size of £318,917 and offers several prime investment opportunities. The lots represented are located across the South-East, the Midlands and North of England.

The first high-value property on offer is Lot 9, a freehold development site with approximately 15 acres (6.09 hectares) and a guide price of £1,900,000. The property is located in Dewsbury, West Yorkshire and has outline planning permission for a residential development.  The site previously had planning content for a scheme of 169 residential dwellings, but this has now lapsed.  

The second asset of note is Lot 12, a freehold development site on Lyham Road in Brixton with planning permission for 4 family houses.  The lot, which is approximately 0.051 hectares (0.123 acres), has a guide price of £1,400,000 and is well located within a popular residential area close to Clapham Common underground station.  (Image is indicative only).

Other highlighted lots on offer include:

  • Lot 11 - A freehold shop and residential investment with a guide price of £600,000. The property is located within Woking town centre, a location that is currently undergoing extensive redevelopment.  The property comprises two shop units and a large two bedroom flat with potential to extend into the loft space to create a further one bedroom self-contained flat.
  • Lot 21 – The property, located in Woking, Surrey, comprises a prominent freehold bank investment with a guide price of £600,000.  Entirely let to HSBC Bank Plc until 2020, the property has potential for a residential conversion of the first and second floors (subject to consent).  The asset is positioned within a prime section of the redeveloped and pedestrianised town centre.
  • Lot 44 - Situated in Liverpool, this freehold terraced house has a guide price of £70,000. The property comprises three one-bedroom self-contained flats and is in a popular residential location near the University of Liverpool.

Antony Schober, Chief Operating Officer at BidX1, commented: “Our April catalogue offers a wide range of residential and commercial properties located across England - from Plymouth to Scotland and Northern Ireland. Responding to buyer interest, our experienced teams are excited to offer a diverse selection of lots which provide substantial investment potential.”

“We look forward to the April auction as our dedicated teams and flexible digital property platform continue to push the boundaries of what was once a traditional sector.”

View the full catalogue here