Description
Are you looking to sell your property In slough or Reading. • Retained clients ready to acquire on- and off-market assets in London & Manchester, plus an urgent requirement for below-market-value vacant residential blocks in Slough and Reading. • Targeted asset classes: vacant residential blocks, HMOs, multi-family, mixed-use/development sites (STP/PD). Sales routes: Traditional auctions (4–8 weeks), Modern Method of Auction (up to 56 days), Private Treaty/off-market. • Auction success rate up to 95%, fall-through <1% traditional, <5% modern vs 25–40% for estate agent sales. • Rapid completion vs 18–29 weeks for private treaty.Why Vendors Choose Palace Auctions
- 🎯 Cash-Ready Buyers: Institutional, developer, and high-net-worth networks
- ⚡ Speed & Certainty: Exchange on hammer-fall; completion in as little as 4 weeks
- 🔒 Low Risk: Binding contracts and deposits—fall-through rates under 1%
- 🌐 Confidential Campaigns: Tailored off-market exposure with NDA protection
- 🤝 End-to-End Support: Dedicated legal, marketing, and viewing management
What We’re Looking For (client ref ERS/gluk)
Our clients have mandates across: • Prime London • Urgent Requirement: Vacant residential blocks in Slough & Reading—below market value • HMOs, student housing, blocks of flats • Permitted Development sites, change-of-use opportunities • Distressed or urgent-sale assetsMarket Snapshot
| Location | Avg. Price | Annual Change | Rental Demand |
|---|---|---|---|
| London | £564,000 | +10.1% | Very High |
| Manchester | £230,000 | +6.7% | High |
| Slough | £589,000 | +14.9% | Moderate–High |
| Reading | £458,000 | +1.1% | Moderate |
Auction vs Traditional Sale
| Metric | Estate Agent | Traditional Auction | Modern Auction |
|---|---|---|---|
| Time to Completion | 18–29 weeks | 4–8 weeks | Up to 8 weeks |
| Success Rate | 51% | 78–80% | Up to 95% |
| Fall-Through Rate | 25–40% | <1% | <5% |
vacant blocks for sale[/caption]
Next Steps
- Submit Your Property Details: https://palaceauctions.com/acquisitions
- Contact Our Acquisition Team: acquisitions@palaceauctions.com | 020 7101 3647
- Arrange a Private Consultation: NDA available on request
Further Resources
- Internal: • Slough Property Trends • Reading Property Trends • Auction Process
- External: • Slough Council Planning: https://www.slough.gov.uk/planning • Reading Borough Council Planning: https://www.reading.gov.uk/planning
