Auction House London storms home with its latest sale

Sales continue to go from strength to strength for Auction House London, with 80% of the lots listed being sold.

The auction – which took place at the London Marriott Regents Park Hotel on 31 July – saw average sales of 71.2%.

One highlight is a three-bedroom semi-detached home in Wembley. The property, which is within walking distance of Wembley Stadium and close to the Metropolitan line – is in need of modernisation, featuring off-street parking and a garage. Bidding started at £380,000 and quickly rose to £513,500, with 17 bidders involved.

A three-bedroom terrace in Hall Road in Isleworth also proved to be high on the buyers’ wish list. Needing total refurbishment and within walking distance of Twickenham Stadium, bidding opened at £315,000 and the property sold at £423,000.

Andrew Binstock, director and auctioneer at Auction House London, said: “In both cases we offered the bidders a totally unmodernised house with plenty of opportunity to add value. And with attractive guide prices creating an intense bidding war in a live auction room, conducted by a real auctioneer, it proved perfect conditions for an optimum sale price.”

The next sale for Auction House London will take place on Tuesday 17 September 2019 at the London Marriott Regents Park, 128 King Henry’s Road, NW3 3ST at 12pm.