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Top: Hayling Island. Below: Walton-on-Thames. Bottom: Norfolk Broads.

 

As Clive Emson reaches the halfway point of its annual calendar, the auction house is reporting a 75 per cent success rate in June, raising more than £20m in sales.

Among the lots sold was a house on Hayling Island, near Portsmouth, which stands on nearly six acres. The property went for £850,000 along with 10.5 acres of related woodland for £207,000.

Link to Auction NewsReceiving 42 bids, a boarded up, a semi-detached cottage at Walton-on-Thames, Surrey, sold for £587,000, against a £500,000 guide price.

Link to Auction NewsOn the investment side, a licensed HMO with seven bedrooms in the Norfolk Broads  achieved £400,000 while a plot of semi-rural land between Faversham and Canterbury, Kent, with planning permission for 16 residential units fetched £1,146,000 with 15 bids.

Nearby, six flats in Grade II-listed College House in Faversham sold for £955,000. With an annual income of over £60,00, it proved a popular choice, generating 91 bids.

James Emson, Clive Emson’s Managing Director, said: “Once again bidders drove demand, with various lots going for well in excess of guide prices. The appetite for property, sold transparently and quickly, remains strong.”

July 26, 2021

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