Auction lot: The Grange

Property auctions bidding to be as popular as conventional house sales

Just ask Dawsons: the increase in the popularity of the property auction is there for all to see.

With TV programmes like the BBC’s Homes Under the Hammer increasing its profile, the property auction provides an interesting and exciting environment for buyers and sellers.

And on Wednesday afternoon (October 5th) at the Marriott Hotel in Swansea Dawsons are expecting plenty of interest in their latest auction, especially as they have a variety of lots on offer.

Property auctions are in vogue and are becoming an increasingly popular avenue for buyers and sellers, and are fast catching up with the more conventional ‘for sale’ route for homeowners.

Dawsons Senior Partner Chris Hope insists: “Nowadays it’s a successful way of selling properties and getting the full price the market will pay. It is now not all about a property which is battered and bruised, which no-one wants to buy.

“Not only that but a property auction provides a rich variety of property types.”

That is reflected in some of the lots up for offer in Wednesday’s auction, which includes both houses, flats and commercial property.

Here is a selection of the lots going up for auction:

74a + 74b Port Tenant Road: Mid-terrace property comprising of two self-contained flats, one with a sitting tenant. The ground floor flat is a one bed while the first floor flat is a two bed. Other benefits include gas central heating, double glazing and a single garage. Current rental income of £395pcm for the ground floor flat and £400pcm for the first floor flat, with potential to increase. Ideal investment opportunity.

Auction lot: Glanmor Road
Auction lot: Glanmor Road

Mayals Road: three-bedroom traditional semi-detached property located on the gateway to the Gower. Ideally situated to take advantage of all local amenities of Mumbles. The property briefly comprises of hallway, lounge, extended dining room, kitchen/breakfast room to the ground floor with three well-proportioned bedrooms and family bathroom to first floor. The property also benefits from large front and rear gardens, a single garage and a driveway providing off road parking.

Auction lot: Mayals Road
Auction lot: Mayals Road

 

Imperial House: offered for sale this large investment opportunity on Neath Road, Plasmarl. The property comprises 14 self-contained flats all varying in size which have been recently renovated to an extremely high standard. We have been advised there are parking facilities for each flat and the potential for additional development. All 14 flats are currently occupied under Assures Shorthold Tenancy Agreements, all varying in lengths and rents. There is currently an income of £75,000 per annum exclusive with the potential to achieve based on the current guide price, a Gross Initial Yield of 11.54%.

Auction lot: Imperial House
Auction lot: Imperial House

Glanmor Road: semi-detached three-storey property offering versatile accommodation. Currently utilised as two flats, the ground floor flat comprises of entrance hall, two bedrooms, lounge, kitchen and a bathroom. The first floor flat comprises of three bedrooms, lounge, bathroom, w.c and kitchen. Ideal investment opportunity.

Auction lot: Glamor Road
Auction lot: Glamor Road

The Grange: This two-storey mixed use building has recently been renovated to a high standard and is occupied by local covenants. The ground floor is predominantly occupied by a café and restaurant, and a child day care centre. The first floor is used as office space. There is currently an income of £126,000 per annum exclusive with the potential to achieve based on the current guide price, a Gross Initial Yield of 18%. This large investment opportunity is situated on Vauxhall Road, Llanelli approximately two minutes from Llanelli town centre.

Auction lot: The Grange
Auction lot: The Grange

Here are a couple of useful auction tips:

  • There are a number of builders and developers who attend auctions looking for properties that is in need of refurbishment. Therefore, if your property falls into this category, you might well achieve a higher price at auction than by way of a private sale.
  • Auctions are useful for selling properties which are difficult to value. From a realistic reserve price, the auction process allows bidders to compete with each other based on their own impressions of the property’s value. This generally results in the property achieving its market price.

 

Joanne Roberts, Charlotte Waddell, Lauren Peschmann, Kimberley Jones, Katie Scott, and Angelique Deias

Dawsons announces recruitment of six new staff members

Dawsons has announced the appointment of six experienced members of staff as the leading South Wales estate agency shows continued expansion.

The growth in the business has seen the need for the recruitment of Joanne Roberts, Kimberley Jones, Lauren Peschmann, Charlotte Waddell, Angelique Deias and Katie Scott in their Marina, Mumbles and Llanelli branches.

“These six appointments highlight our continued expansion and the continued appointment of experienced staff at all levels as we continue the high customer service standards we set ourselves,” said Ricky Purdy, Dawsons Director of Residential Lettings.

“New staff like this will help us in what is expected to be another busy 12 months for us.”

Joanne joins Dawsons’ Llanelli office as a residential lettings administrator having had previous experience within the industry, while Kimberley joins the Marina office also as a residential letting negotiator. This is a new role created as a result of recent success within our department and the need to expand our team.

Lauren, who hails from South Africa and previously worked on various roles on cruise ships, has been appointed our Mumbles branch as residential negotiator, to support an already and well established and strong team.

Charlotte joins the company as a property inspector, working out of both the Llanelli and Mumbles offices. Charlotte’s role requires a high standard in both administrative and customer services levels. Angelique will be working out of Mumbles as a property maintenance coordinator for both Mumbles and Llanelli offices. Angelique comes with several years’ experience within the industry, while Katie has been recruited as an administrator within the Mumbles branch.

Kimberley said: “It’s such a great opportunity for me and it’s great to join such an established firm as Dawsons.”

Lauren said: “I am so glad to have got this role at Dawsons. The people are very friendly and the work is different from day to day.”

Katie said: “The Mumbles branch is such a lovely office and a really friendly atmosphere. I definitely made the right move in joining Dawsons.

Angelique said: “I used to work for Dawsons a couple of years ago and I’m just so glad to be rejoining them. It’s great to be back!”

Charlotte said: “I am very impressed how professional and organized Dawsons are and just delighted to joined a company with so many friendly people.”

Joanne said: “I am absolutely loving working for Dawsons – the people are so friendly and I’m really enjoying my new role.”

CAPTION: L-R Joanne Roberts, Charlotte Waddell, Lauren Peschmann, Kimberley Jones, Katie Scott, and Angelique Deias

Zoe Westerman and Ricky Purdy

Dawsons staff bid to win The Wallich’s charity fundraising challenge

Dawsons Estate Agents has just 50 days to turn £50 into a small fortune.

The challenge – known as Clash of the Corporates – is a competition run by homeless charity The Wallich.

Twenty businesses across Wales are competing to see who can turn a £50 loan from The Wallich into the most money in 50 days.

Dawsons has hit the ground running with a programme of money-raising events that includes a cake sale, a curry night, an auction and Halloween fundraising activities.

“We’ve got lots of other ideas in the pipeline,” Ricky Purdy, Director of Residential Lettings, Dawsons. “Suggestions have included car washing and pop up shops – it’s going to be a lot of fun and visitors to our branches should find it amusing.”

The £50 to start the competition was presented to Ricky by Zoe Westerman, corporate strategic relationships manager for The Wallich.

“Clash of the Corporates is a great way to bring the local business community together through some healthy competition,” said Zoe. “We’re looking forward to seeing what innovative and creative fundraising ideas the Dawsons team will come up with to help raise vital funds for our charity.”

Any money raised will boost the £1,300 Dawsons has already raised for the Wallich, which is its chosen charity of the year.

“Our staff selected The Wallich as the company’s charity of choice for the year because it has a number of shelters in Swansea,” said Ricky.

“The staff have really thrown themselves into it, and the Clash of the Corporates will be their biggest challenge yet. It’s going to be a really interesting 50 days! We just want to get the staff involved to have as much fun as they have in recent months and raise money for a good cause along the way.”

(CAPTION: L-R Zoe Westerman, corporate strategic relationships manager for The Wallich with Ricky Purdy, Director of Residential Lettings at Dawson)

Lisa Davies with husband Matthew and daughters, Tegen and Seren

Dawsons negotiator has a family of lifeguards

Lisa Davies, Senior Negotiator and Valuer for Dawsons’ marina branch, has just gained her National Vocational Beach Lifeguard Qualification from Rest Bay Surf Life Saving Club in Porthcawl, as has her husband Matthew.

Their two daughters, Tegan, age 12, and Seren, eight, are following hot on their heels as members of Rest Bay Nippers Lifeguard Club.

The family, who live in Margam, decided to join Rest Bay Life Saving Club to ensure that they could enjoy the sea safely.

“Living near the coast, I wanted to make sure that we were all safe in the sea.  Matthew and myself also help out with coaching, and represent the Rest Bay Masters in competitions,” said Lisa.

“The most challenging part of the training was the practical rescues – consisting of four simulated rescues out at sea. The most enjoyable part was learning all about first aid, and learning about the different sea conditions.”

Matthew, a Director of Development for a Housing Association, previously held a Lifeguard qualification, and renewed his at the same time as Lisa gained her qualification. Their daughters hope to become qualified lifeguards too.

“It’s useful and enjoyable and we’d encourage other people to get involved,” said Lisa.

“Rest Bay Surf Life Saving Club is a friendly club that welcomes all ages from seven upwards.”

CAPTION: Lisa Davies with husband Matthew and daughters Tegen and Seren

Dawsons Director of Residential Sales, Joanne Summerfield-Talbot with Zoe Westerman, Corporate Strategic Relationships Manager at The Wallich

Dawsons presents cheque to homeless charity The Wallich

Dawsons Estate Agent has presented a cheque for £677.05 to The  Wallich, a homeless charity with several shelters in Swansea.

This brings the total amount Dawsons has raised since March for The Wallich to more £1,300. Dawsons’ staff selected The Wallich as the company’s charity of choice for 2016, which sees the estate agency celebrate its 25th anniversary.

“We are absolutely delighted with the amount of money raised so far by the team at Dawsons. Their fundraising activities have been varied and fun and it’s been wonderful to see each branch get so involved,” said Zoe Westerman, Corporate Strategic Relationships Manager at The Wallich, who received the cheque on behalf of the charity.

The cheque was presented by Joanne Summerfield-Talbot, Director of Residential Sales.

“The money was raised as a result of our Wimbledon Day and our Euro Sweepstake,” said Joanne.

“The staff really threw themselves into it, and we are delighted to have raised so much money.”

Dawsons’ fundraising efforts for The Wallich will continue until March 2017.

Caption: Dawsons Director of Residential Sales, Joanne Summerfield-Talbot with Zoe Westerman, Corporate Strategic Relationships Manager at The Wallich