Investors attracted to a ‘good mixture’ of properties at auction

Investors attracted to a ‘good mixture’ of properties at auction

Todays other news
The Renters Rights Bill need not be seen as an...
In the 12 months to March, a newly agreed tenancy...
Traditions are changing - accelerated by tax and regulation changes...
A bar is among a pair of properties in Walsall...
Budgets continue to be stretched by rising bills, contributing to...


A former telephone exchange with residential planning consent near Diss in rural Norfolk, which sold for £110,000 against a guide of £50,000, was among the auction highlights this month as property auctioneer Clive Emson reported sales of more than £18.5m and a success rate of 83% from 145 lots.

Other highlights from Clive Emson’s June sale included a Royal Methodist Church in Tunbridge Wells – considered to have development potential selling for £900,000 against a guide of £500,000 to £600,000.

Three adjoining properties in Brighton arranged as seven purpose-built units – currently generating £17,564pa in rent with three vacant – went for £940,000 on a £750,000 guide.

In the Hampshire section, a derelict former scout hut achieved £145,000 in a bidding war – £40,000 above the guide.

With four of the eight 2016 auctions now complete, Clive Emson has enjoyed an impressive first half of the year with sales to the value of £84m at a success rate of just over 85%, which is above the national average.

James Emson, managing director at Clive Emson, said: “We are continuing to see excellent results across the board even with outside influences interfering with the usual ebb and flow of the property market.

“I put this down to an ongoing supply of excellent and varied properties and land being made available through us by vendors – and discerning purchasers recognising they can rely on Clive Emson to come up with a good mixture on offer.”

The next Clive Emson auction will be staged from 25th to 29th July at five venues across the south of England. Entries close on Monday 27th June.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Bradley Hall Auctions will support residential and commercial clients...
High value London properties are amongst the 224 lots...
Eight more councils have signed up to a scheme...
Buyers hoping to avoid the additional costs from the government’s...
The current controls come to an end on March 31...
140,000 homes listed on sale in January - the highest...
Recommended for you
Latest Features
The Renters Rights Bill need not be seen as an...
In the 12 months to March, a newly agreed tenancy...
Traditions are changing - accelerated by tax and regulation changes...
Sponsored Content
As the property industry shifts towards sustainable practices, Inspired Property...
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here