March Auction Roundup

This month’s auction was vibrant and bustling as usual, and we saw our fair share of weird and wonderful lots up for sale.

Of the 132 lots we listed, almost 80% were sold successfully. What’s more, we saw 2,493 unique bidders take part in the auction process. On top of this, during the bidding period (21st-23rd of March) our website received 39,350 visits! 

So what was actually sold in the end? Well, you can view our sold lot pages here for a full overview. Or, we’ve picked 5 of our favourites from the auction to profile in more detail for you below. 

Read on to see some of the land and properties our lucky bidders have obtained this time!

A substantial house in a popular residential area

First up we have Lot 84, an impressive semi-detached house in Bexhill. 

This property spans three floors, with an additional basement, offering the opportunity for spacious, luxurious living or separate units. Located in close proximity to the town centre, major retailers, the seafront, and the railway station, this property is conveniently positioned for any future homeowner. 

As an added bonus, there is a spacious rear garden and off-road parking in the form of a secure driveway at the front. 

This property was sold for £420,000. We are excited to see what the new owner does with the place as the open-plan living has lots of potential. 

An attractive grade II listed townhouse 

One of our more niche properties, Lot 17 takes the form of a charismatic Victorian townhouse currently let to Lloyds Bank PLC.

Located between the picturesque cities of Bath and Salisbury, 37 Market Place is conveniently positioned close to popular retailers and the large Three Horseshoes Walk Shopping Centre.

Let to Lloyds Bank PLC under the terms of a 5-year renewal lease until 19th January 2027 and yielding £28,000 per annum, the buyer of this lot will enjoy a regular income and the 502 sq. m of inside space. 

Sitting alongside the high street, the property itself is visually very impressive and sold for £441,000. 

 

Commercial investment & land with potential 

Another successful sale is that of Lot 22, an unusual piece of land that sold for £5,402,000!!  

This slice of land is nestled between London Road and the River Thames, although currently quite overgrown, the site is very spacious, also occupying the Clinker Pad. 

In the bottom left-hand corner of the lot is a section of land bordering the Thames that is sold off on a 199-year lease. As well as this, there are two strips of land on either side of the railway that are connected by road and railway bridges. 

Coming in at approximately 14.36 acres, the land may be used for development in the future should the necessary consents be obtained. We look forward to seeing what the buyer does with this lot in the future.

 

A freehold parcel of land with stunning views 

Next up is Lot 31, a sizeable parcel of land with views that stretch across the Cornish coastline for miles. 

Nestled in the quaint coastal village of Portreath, this expanse of land is elevated, allowing you to see across the entire village and far out to sea. 

Something of a lookout point, this location would be ideal for an isolated artist’s studio or workspace. The land itself may offer potential for any number of future uses, subject to the necessary consents being obtainable. 

This spot was sold for £56,000 and we can’t wait to see exactly what the buyer has in mind for it. 

 

The White Cottage: A hidden gem 

Our final highlight from the March auction is Lot 43, a beautiful, quaint cottage in Hailsham. 

Just a stone’s throw away from the iconic village of Herstmonceux, this property is very close to local shops, pubs, restaurants, and other useful amenities. So, you can enjoy the atmosphere of a rural location without the isolation that sometimes accompanies it. 

This property includes a spacious living room, a kitchen, bedroom, and a bathroom, all on one storey, making it perfect for accessibility. Complete with 0.30 hectares of land, this Lot really is a great opportunity and sold for £476,000 in the end.

 

Get involved with our auctions 

We hope you enjoyed browsing through just a few of the many properties sold at our March auction. 

If you didn’t get a chance to take part, fear not! You can see our unsold lots here. Or, give yourself April to prepare, because in May we are having another fantastic auction. 

If you’re unfamiliar with the online auction format, you can learn how it all works here. 

In the meantime, if you have any questions about buying or selling at auction, get in touch with our friendly team of experts who would be happy to help out.