Clive Emson Land and Property Auctioneers raised £28 million from 180 lots in their penultimate property auctions of 2018 across five days in five venues from 29th October to 2nd November, achieving a sale rate in excess of 70 per cent.
Managing Director James Emson said, “Our Halloween week auction series was certainly packed with treats as a number of properties achieved well above guide prices and a fantastic selection of excellent buys were snapped up. Our vendors and purchasers recognise the worth of property – and the Clive Emson service covering all aspects of the market.”
Autumn highlights included Cherry Tree House in Folkestone – let to the North East London NHS Trust at £85,348 per annum – sold for £910,000, £390,000 above the guide price. The neighbouring Brockman Family Centre sold for £700,000 – £400,000 above guide.
Another good investment was a 9.65-acre productive vineyard, including buildings and a shipping container, in Devon, which sold for £58,000. Finally, a three acre plot on a development site at Ashley, Ryde, Isle of Wight, with planning consent for 45 homes, was sold for £510,000 freehold.
Read more about property auctions.