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SDL Property Auctions

SDL Property Auctions

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17 Regan Way Chetwynd Business Park, Chilwell, Nottingham, Nottinghamshire, NG9 6RZ
17 Regan Way Chetwynd Business Park, Nottingham, Nottinghamshire, NG9 6RZ
Location marker icon in white
17 Regan Way Chetwynd Business Park, Chilwell, Nottingham, Nottinghamshire, NG9 6RZ
17 Regan Way Chetwynd Business Park, Nottingham, Nottinghamshire, NG9 6RZ

About SDL Property Auctions

SDL Auctions are a large, national auction house based in Nottingham. They were established on Jul 27, 2011.

Where do SDL Property Auctions cover?

SDL Auctions are a national auction house focused on the East Midlands.

West Midlands is their biggest county. They've auctioned 290 properties here in the last 12 months, accounting for 13% of their business.

SDL Property Auctions are a national auction house. East Midlands is the biggest region for them.

They've auctioned 604 properties here in the last 12 months, accounting for 28% of their business.

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Tip: If you’re selling your house at auction it’s a good idea to look for an auction house with a strong focus on your area.

What types of properties do SDL Auctions auction?

SDL Auctions mainly focus on selling residential properties, which account for 79% of their listings.

SDL Property Auctions mainly focus on selling land, which accounts for 79% of their listings.

They also have a strong presence in selling commercial property, which accounts for 14% of their listings.

They also have a strong presence in selling land, which accounts for 14% of their listings.

What price range do SDL Auctions specialise in?

For residential sales, their average selling price is £155807.

This is lower than the national average of £162766, which means they generally cater to the lower end of the market, or focus on regions where property prices are generally cheaper.

This is lower than the national average of £162766, which means they generally cater to the upper end of the market, or focus on regions where property prices are more expensive.

This is lower than the national average of £162766. This either means they don't have a particularly strong focus on the upper or lower end of the market, or means that they focus on regions where property prices are in line with the national average.

£1 – £100k
40%
£100k – £250k
47%
£250k – £500k
11%
£500k – £1m
2%
£1m +
1%
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SDL Auctions Auction Performance

We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.

Market Share

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Market share is the percentage of total auction sales that are made by a single company.
8.2%
1

SDL Auctions are the #1 largest auction house in England & Wales.

SDL Auctions are the 1 largest auction house in England & Wales.

They sold 1418 properties over the last 12 months, giving them a market share of 8.2%. (Nationally, a total of 19311 properties were sold by auction over the last 12 months).

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Tip: When you’re deciding which auction house to sell with, a larger market share can mean a safer bet.

Don't rule out smaller auction houses though. Your experience with a company ultimately comes down to the person you deal with there, rather than the size of the company. Read more here.

Success Rate

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Auction houses don't sell every property they take on. The success rate is the percentage of their properties they successfully manage to sell.
66%
26

SDL Auctions have the #1 highest success rate among auction houses in England & Wales.

SDL Auctions have the 26 highest success rate among auction houses in England & Wales.

They successfully sell 66% of the properties they list, which is lower than the national average of 69%.

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Tip: A higher success rate usually means an auction house is more realistic with their valuations, are less likely to take on customers with unrealistic expectations, and may be more efficient at generating interest and bids from buyers.

Reviews

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
250 Reviews
250 Review

SDL Property Auctions have been reviewed 250 times in the last 12 months, with an average score of 4.6/5. Read more about their reviews here.

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Tip: Review scores are important to consider, but it’s important know what customers are actually saying as well. We outline the overall themes of their reviews further down this page.

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SDL Auctions Auction Fees

4%
+ vat

SDL Auctions charge a standard auction commission fee of 4% + vat.

4%
+ vat

The auction fee SDL Auctions charge depends on the selling price. They charge:

  • 4% + vat on properties up to £250000.
  • 3% + vat on properties up to £.
  • % + vat on properties above £.
  • 4% + vat on properties up to £250000.
  • 3% + vat on properties above that.

Commission Fee

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This is the main fee for the service. It's either paid by the buyer, or directly from the sale proceeds, so sellers never have to pay this fee out-of-pocket.
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Who pays the commission fee?

The commission fee is paid by the Buyer.

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Is there a minimum fee?

The commission fee is subject to a minimum of £5000 + vat.

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Tip: Although the buyer pays the fee with SDL Auctions, sellers shouldn't think of it as a "free service" for them. Whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property, reducing the amount the seller ends up with.

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Tip: Although the buyer pays the fee with some other auction houses, you shouldn't necessarily think of those as "cheaper than" SDL Auctions, who charge the sellers the fee. This is because whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property.

Buyer's Premium

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Auction houses often charge the successful bidder an additional fee, called a "Buyer's Premium".
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Are buyers also charged a fee?

Buyers pay an admin fee of 0% + vat, subject to a minimum of £0 + vat.

Buyers pay an admin fee of £0 + vat.

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Are buyers charged an additional fee on top of the commission?

Buyers pay an additional "buyer's premium" of 0% + vat, subject to a minimum of £0 + vat.

Buyers pay an additional "buyer's premium" of £0 + vat.

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Tip: Buying at auction? More than 25% of buyers get caught out by unexpected fees. Don't be one of them. Download our free checklist and learn where to spot hidden auction fees.

Other Fees For Sellers

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We've done our best to uncover additional fees charged by SDL Auctions. These can change over time though, so always be careful to check the paperwork closely.
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Are there auction entry fees?

Sellers pay an up-front auction entry fee of £300 + vat. This is non-refundable, even if the property fails to sell at auction.

SDL Property Auctions do not charge auction entry fees. Most auction houses charge around £300.

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Do they charge withdrawal fees if you change your mind?

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Are there any hidden costs or other fees?

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What about legal costs?

Remember that you’ll always have legal fees to pay too. These are separate to the auction fees, and SDL Property Auctions don’t have any control over these.

Auction legal fees come in two parts: An up-front element for the legal pack, and the final legal fee, which is paid on completion of your sale.

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Tip: No auction entry fees with the auction houses we recommend. Many auction houses willing to negotiate on this.

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SDL Auctions Reviews

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
4/5 out of 16 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
4.7/5 out of 234 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews

Good things people say (Pros) 

What can be improved (Cons) 

How SDL Auctions work

SDL Auctions auction process

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What types of auction do they run?

SDL Property Auctions run two main types of auction.

The first is their Auction Events, which are live-streamed on their website every month.

The second is their Timed Auctions on their website, which feature a single lot and generally run for three weeks with a set start and finish time.  

For both types of auction, you can choose between a conditional and an unconditional auction sale.

With unconditional auctions, a non-refundable deposit is paid, and contracts are exchanged immediately.  The buyer must then complete within the agreed completion period, which tends to be 15 working days.  

For conditional auctions, the buyer pays a reservation fee which grants them exclusive rights to purchase the property from you for a period of 40 days.  Unlike unconditional auctions, the buyer is not legally bound to complete the purchase.

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What happens on auction day?

This will depend on whether your lot has been entered into one of SDL Property Auction’s “Auction Events” or “Timed Auctions”.

Auction Events are live-streamed online and you will be able to watch the auctioneer in real time from the comfort of your home. Bids can be placed online, by phone or by proxy.

Timed Auctions are held online with a set end time, where you will be able to see the number of people viewing your property and watch the bidding unfold in real time.  

If the property reached the agreed reserve price in an unconditional sale, then the lot will be sold with an immediate exchange of contracts.  The buyer will have to pay a non-refundable 10% deposit immediately (fixed fee lots) or a 5% deposit, subject to a minimum of £5,000 (variable fee lots).  The normal completion period for an unconditional sale is 15 business days after exchange.

If the property reaches the agreed reserve price in a conditional sale, the buyer will pay a non-refundable reservation fee which grants them exclusive rights to purchase the property for a period of 40 days.  The normal completion period for a conditional sale is 40 business days.

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What happens if your property doesn't sell at auction?

If the property fails to sell at auction your contract will automatically extend for an additional 4 weeks. During this time, SDL Property Auctions will try and tie up a post-auction sale for you.

You can also enter the lot into the next available auction at no additional cost.

If the property is still unsold after those 4 weeks, you’re released from the contract and can move on.

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More info coming soon!

We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

How SDL Auctions market your property

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How will SDL Auctions advertise your property?

SDL Property Auctions will advertise your property in their auction catalogue, as well as on major property portals such as Rightmove and on their website.  Your property may also be advertised in the local press and on social media.    

SDL Property Auctions will also send your property details to their huge database of national and international buyers.

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How do they get property photos?

SDL Property Auctions will organise photographs to be taken of your property, or you can provide your own if you prefer.

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Will your listings include a floor plan and video walkthrough?

Your listing will include a virtual viewing of the property.

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How do SDL Auctions conduct viewings?

A member of the viewing team or a viewing agent will carry out viewings on your behalf.  Potential buyers will also be able to view the property online using the virtual viewings tool.

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More info coming soon!

We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

Other questions

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How do SDL Auctions value your property?

A member of the auction team will carry out a desktop appraisal to work out the market value of your property.  Alternatively, a member of the auction team can visit your property for an in-person valuation.  

They will then work with you to come up with a reserve price that you are happy with, and you can then decide whether you’d like to move forward.

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How long is the contract with SDL Auctions?

The contract runs up until the auction date.  It extends for an additional 4 weeks if the property fails to sell.

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More info coming soon!

We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.

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SDL Auctions Auction Events & Results

Showing last 12 months of auction results. Use the tabs above to see Upcoming Auctions.

30
Jun
2022
National Property Auction
Online Only
 • 
11:00 am
Awaiting Results
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0 Lots Offered
Auction success rate certificate in red
0 Sold
Pound icon in red
£0 in Value*
Auction house success rate icon in red
0% Success Rate
26
May
2022
National Property Auction
Online Only
 • 
11:00 am
Awaiting Results
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0 Lots Offered
Auction success rate certificate in red
0 Sold
Pound icon in red
£0 in Value*
Auction house success rate icon in red
0% Success Rate
24
May
2022
Shepherd Commercial Property Auction
Online Only
 • 
3:30 pm
Awaiting Results
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0 Lots Offered
Auction success rate certificate in red
0 Sold
Pound icon in red
£0 in Value*
Auction house success rate icon in red
0% Success Rate
12
May
2022
Knight Frank Auction
Online Only
 • 
12:30 pm
Awaiting Results
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0 Lots Offered
Auction success rate certificate in red
0 Sold
Pound icon in red
£0 in Value*
Auction house success rate icon in red
0% Success Rate
28
Apr
2022
National Property Auction
Online Only
 • 
11:00 am
Awaiting Results
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0 Lots Offered
Auction success rate certificate in red
0 Sold
Pound icon in red
£0 in Value*
Auction house success rate icon in red
0% Success Rate
31
Mar
2022
The National Property Auction
Online Only
 • 
11:00 am
Awaiting Results
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203 Lots Offered
Auction success rate certificate in red
145 Sold
Pound icon in red
£25423675 in Value*
Auction house success rate icon in red
71% Success Rate
24
Feb
2022
National Auction - February 2022
Online Only
 • 
10:00 am
Awaiting Results
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179 Lots Offered
Auction success rate certificate in red
130 Sold
Pound icon in red
£20962000 in Value*
Auction house success rate icon in red
73% Success Rate
23
Feb
2022
Shepherd Commercial Auction - February 2022
Online Only
 • 
2:30 pm
Awaiting Results
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37 Lots Offered
Auction success rate certificate in red
10 Sold
Pound icon in red
£1575200 in Value*
Auction house success rate icon in red
27% Success Rate
17
Feb
2022
Knight Frank Auction - February 2022
Online Only
 • 
11:30 am
Awaiting Results
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3 Lots Offered
Auction success rate certificate in red
2 Sold
Pound icon in red
£2086000 in Value*
Auction house success rate icon in red
67% Success Rate
27
Jan
2022
National Auction - January 2022
Online Only
 • 
10:00 am
Awaiting Results
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136 Lots Offered
Auction success rate certificate in red
97 Sold
Pound icon in red
£13321350 in Value*
Auction house success rate icon in red
71% Success Rate

* = Estimated based on sold prices available

Showing upcoming auction events.

28
Jul
2022
National Property Auction
Online Only
 • 
11:00 am
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0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
25
Aug
2022
National Property Auction
Online Only
 • 
11:00 am
Property auction icon in red
0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
29
Sep
2022
National Property Auction
Online Only
 • 
11:00 am
Property auction icon in red
0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
27
Oct
2022
National Property Auction
Online Only
 • 
11:00 am
Property auction icon in red
0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
24
Nov
2022
National Property Auction
Online Only
 • 
10:00 am
Property auction icon in red
0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
20
Dec
2022
National Property Auction
Online Only
 • 
10:00 am
Property auction icon in red
0 Lots
Residential house icon in red
0 Residential
Commercial property auction icon in red
0 Commercial
Land auction icon in red
0 Land
Details Coming Soon
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