February 23, 2017

1 Coronation Street to go under the hammer

SDL Graham Penny has a property going under the hammer in its next auction which has one of the country’s most famous housing addresses – 1 Coronation Street. The property isn’t the home of the Barlow family though, it’s not even in Weatherfield or next to the Rovers Return, instead

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Opinions on Advancements of Manchester Railway Project

With the recent implementation of two huge 600 ton weighing archways as part of the Ordsall Chord initiative to improve the railway connections between the three key Manchester railway stations, it is useful to see what the leading forces in the project had to say about the advancements of the

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Building Extensions to Homes Might Not be the Answer

Opinium Research and Plentific have been in collaboration together in order to try and determine what it is that makes homebuyers’ minds tick when they decide to choose one property over another and the results have been a little surprising. What the figures indicate first of all is that there

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Latest Issue
Issue 324 : Jan 2025

February 23, 2017

1 Coronation Street to go under the hammer

SDL Graham Penny has a property going under the hammer in its next auction which has one of the country’s most famous housing addresses – 1 Coronation Street. The property isn’t the home of the Barlow family though, it’s not even in Weatherfield or next to the Rovers Return, instead it’s a two bedroomed end-terrace house in Stoke on Trent on the market  with a *guide price of only £35,000+. Andrew Parker, auctioneer and managing director, commented: “When we started inviting entries for our next auction we weren’t expecting to include such a famous property address in our catalogue. We’ve already received a huge amount of interest in the property and it’s only been on the market for a few days.” “Coronation Street is probably one of the most housing famous streets in the UK, behind Downing Street – and we’ve sold a property on there too.”  The property is a two bedroomed end-terrace house in need of modernisation and improvement throughout, however does benefit from uPVC double glazing and gas central heating. It is being sold by auction on Thursday 16th March at Nottingham Racecourse. Successful buyers will pay a 10% deposit on the fall of the gavel to secure the sale and completion will take place only 14 days later. SDL Graham Penny is part of SDL Auctions, one of the UK’s largest auction networks. In 2017 it will hold 30+ auctions at Villa Park in Birmingham, Pride Park Stadium in Derby, Chester Racecourse, Nottingham Racecourse, the King Power Stadium in Leicester, the Macron Stadium in Bolton, the bet365 Stadium in Stoke and the Village Hotel in Coventry. Andrew added: “The property on Coronation Street is one of several properties in Stoke that we have received instructions for recently. In fact, we recently held our first auction in Stoke which was so successful and now we’re pleased to announce our second Stoke auction will be taking place on Thursday 20th April at the bet365 Stadium. Entries are now invited so anyone looking to sell should call us for a free auction appraisal on 01782 481 232.”  The legal pack for 1 Coronation Street, Stoke on Trent, ST6 5AN will be available online for any potential buyers to view no later than seven days prior to the auction on Thursday 16th March. Any viewings or requests for proxy, telephone or internet bids should be made with SDL Graham Penny on 0115 958 8702 or on the website at www.sdlgrahampenny.co.uk.

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Opinions on Advancements of Manchester Railway Project

With the recent implementation of two huge 600 ton weighing archways as part of the Ordsall Chord initiative to improve the railway connections between the three key Manchester railway stations, it is useful to see what the leading forces in the project had to say about the advancements of the project. Alan Parker the Program Manager of Network Rail explained that he was very pleased that the completion of this stage of the project indicated that it is yet again closer to being completed on time and on schedule. He cited the actual lifting of the arches over the famous River Irwell that runs through the city as a major site that it will take a long time for him to forget. Indeed, at 600 tons each, the elevation of this two structures must have been incredibly impressive. Similarly, David Brown the CEO of Transport for the North wanted to express his elation that the railway link is closer to being complete and added that this initiative will encourage the rest of the developments to improve the conditions of the railway systems all across the Northern regions of the United Kingdom. He also emphasized that these changes are not merely restricted to the railways, and that the initiative that is taking place in Manchester will undoubtedly help other projects taking place in transport improvements (such as the investments in Northern air and motorway refurbishments) all over the North of the country. Paul Staples of the TransPennine Express was also present to see the event for himself and was adamant that the news is not merely fantastic for Manchester, but also for all the other railway networks operating around the Northern areas. In a similar vein, the Project Manager of Severfield as well as the leading architect of the project, Messrs Jarrod Hulme and Peter Jenkins, were both very pleased with the hard work of all concerned without which the project may have never come to light.

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Building Extensions to Homes Might Not be the Answer

Opinium Research and Plentific have been in collaboration together in order to try and determine what it is that makes homebuyers’ minds tick when they decide to choose one property over another and the results have been a little surprising. What the figures indicate first of all is that there is indeed a growing general opinion based among the 2,001 people that were surveyed that building and constructing extensions are not necessarily the way forward for increasing the buying price of one’s home. Indeed, whilst this had been viewed in the past as one of the primary reasons for why some houses are higher in value than others, it seems that among actual property buyers this in itself is not necessarily a guarantee that the buying price of a home will be raised just because the home was fitted with a large extension on it: there are other factors to consider. With this in mind, it will be interesting to see what impact this will have on the building and construction industry: it is possible to speculate that it could result in less and less commissions for extending homes. Although areas around the country have seen a soar in property prices, such as the London Borough of Barking and Dagenham, it seems that adding extensions are not the only way of enabling the asking price of a property buyer to be as high for the home seller as possible. Only 34 per cent of those surveyed said that an extension would persuade them to buy the property, whilst other factors such as a how new the bathroom and kitchen areas of the property ranked much higher up on the list. One wonders whether these findings will help to indicate how the rate of extension building on properties in existence all over the United Kingdom and it seems that people are beginning to prioritize other factors rather than the traditional ones that one might initially expect.

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