Even as we approach the end of the year, we’re still incredibly humbled at the turnout of our auctions, with our November auction once again proving a great success for buyers and sellers alike.
Plus, with the days getting shorter and the temperatures getting colder, we know it’s certainly a benefit of our online auctions to be able to bid from the comfort and warmth of your own home!
There were many properties to choose from this month, but here we break down our top five that went under the hammer at our November online auction.
Detached Bungalow For Improvement
Bungalows aren’t always a common sight at our online auctions but this particular one certainly didn’t go amiss. This three-bedroom house for auction in Essex is located in Maldon, it comes with its own driveway, extensive garden, garage, and cellar alongside all the amenities you would expect.
If that wasn’t enough, the bungalow is in a prime location, with both a primary and secondary school, as well as bars, restaurants, and other amenities only a stone’s throw away. It should, then, come as no surprise that the bungalow did well at auction, selling for a grand total of £325,000.
An Escape to the Country
Sometimes we just want to get away from the hustle and bustle of city life, and that’s something this particular property offers in spades. This rural semi-detached cottage located in Rochester, Kent, provides the perfect escape to the country, as well as an exciting opportunity to modernise its interior.
With the promise of an extension of the building also being an option (subject to all the necessary consents), the cottage proved popular at auction, selling for a total of £281,000 once the virtual hammer finally dropped.
Investing in the High Street
It’s not just residential properties that proved popular at November’s auction, there were also a number of commercial investment properties up for sale, including this particular freehold investment in Hythe, Kent.
The vacant building previously operated as an accounting firm, and consists of a large front office, kitchen, several smaller rooms, as well as a second-floor containing a storage room and a staff room.
Being situated in the centre of the High Street naturally made it an enticing lot at the auction, with the property selling for a total of £281,000.
“Oh, I Do Like to be Beside the Seaside…”
Who doesn’t love a good seaside view? Well, this particular property offered buyers a permanent view of their own with this two-bedroom apartment overlooking The Solent on the Isle of Wight.
If the stunning views weren’t enough, the fifth-floor apartment offers owners a spacious two bedrooms, kitchen, living, and bathroom, as well as its own balcony to really appreciate and take in those stunning seaside views.
All of this meant the apartment proved very popular at auction, eventually settling for a grand total of £167,000.
“….Oh I Do Like to be Beside the Sea!”
It’s not just the Isle of Wight though. These seaside ground rents located just opposite the beach in Folkestone, Kent also proved a favourite in our November auction!
The freehold block, comprising 14 flats in total, is located just a stone’s throw away from the beach, as well as the town centre itself.
Owning the ground rents of such a property is naturally an exciting prospect then, with them selling for a total of £51,000 at auction.
Take Part in our December Auction!
While the year is quickly coming to an end, there’s still time to join in the fun at our December auction on Wednesday the 15th of December!
With over 100 lots available there’s plenty of opportunities available, so be sure to head on over to the December auction page to see what’s on offer.
Not taken part in one of our online auctions before? Not to worry, simply ensure you’re registered before the day to make sure that you can take part!
If you have any questions or just would like more information about our online auctions, don’t hesitate to get in touch with our team today!
About the Author:
Sam Kinloch
Sam’s career in the dizzy world of property auctions began when he hung up his chainsaw and headed in from the forest. Joining the team in 2003 Sam now sits on the Board of Directors and has been instrumental in the adoption of online auction services. Out of the office you can find him flying around the velodrome or sipping coffee at a local café.