About Us

Graham Penny Auctions is Nottingham's newest specialist auction business and is located within a fabulous double fronted property show room on Wheeler Gate in Nottingham City Centre. The auctions are scheduled to take place at Nottingham Racecourse every 6 -7 weeks throughout the year.

Increasingly year on year, more and more individuals and companies are using the auction process to sell property. The auction method offers simplicity, transparency and, surety of sale which is very attractive in the often difficult and complicated property sale process.

Services

Graham Penny Auctions is the ideal solution for a quick and definite sale of vacant houses, flats and bungalows, land, building plots, shops and investment properties.

Using the latest technology and marketing techniques we aim to provide an efficient, quality and successful service.

Welcome

If you need to sell your house in a particular time frame an auction could be the solution. Auctions have a specific and intense marketing period of around 4 weeks, culminating in ten minutes or less of bidding on a specific day. Once the gavel has gone down the property is sold, and importantly, contracts are exchanged. As no further negotiation is permitted completion is set for 21 days later.

Best Possible Price

If your house is unique or has special qualities such as features or location that buyers would be prepared to compete for, an auction may be an ideal way of taking advantage and achieving the best possible price for the property.

Properties

Properties that require renovation or have any potential to add value always sell well at auction. The auction catalogues are sent out regularly to developers, property dealers and investors who are in a position to buy and are specifically looking for a property they can add value to.
If a property has been difficult to sell for whatever reason, perhaps because of legal complications such as covenants then auction could offer a quick and simple sale.