|
|
| APRIL AUCTION SUCCESS |
John Earle's April auction was conducted as usual at Henley Golf & Country Club.
The auction went off with a flying start when Richard Abbey offered for sale 4 Lugtrout Lane, a semi-detached property ripe for updating and refurbishment. A great deal of interest had been shown in this property in the weeks prior to auction and in the room, after steady bidding, the property was sold for £160,000 a figure well above the initial guide price.
The second property to be offered for sale was 2 Primrose Cottages in Bradnocks Marsh Lane, Hampton in Arden. An investment property being sold with a protected tenant. Some very competitive bidding ensued with one bidder going up in £500 increments and the hammer finally went down at a figure of £148,000, again substantially above the initial guide.
The final property to be offered, 4 Pigeon Green, unfortunately was not sold on the night and therefore remains available via private treaty sale at offers around £200,000.
Peter Cornford for John Earle stated that the results for the two properties sold had exceeded both the client's and the firm's expectations and was delighted that good prices were obtained, indicating that positive money is looking to move back into the property market for the right types of property where growth can be expected irrespective of the political outcome.
The firm's next auction is scheduled for Tuesday 18th May. For further details please see our auction section of the website or if you require details to be posted to you please telephone the office on 01564 794343.
|
|
|
|
 |