This month's property auction saw 234 bids for a former youth hostel in the South – with the hammer coming down on £600,000.
The building in East Dean Road, Eastbourne, East Sussex, was among 168 lots listed by Clive Emson Auctioneers across southern England in the firm’s May auction (lot 77).
More than £22m was raised for clients in the auction, the third of eight this year.
Clive Emson Auctioneers’ next auction concludes on June 12, with bidding live from June 10. Lot entries close 19 May, with the catalogue live from 22 May.
James Emson, Managing Director, said: “We were instructed by
Four houses needing improvement in Essex have been sold at auction on 1st May.
They were among is among 168 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
A bidding war erupted over an extended end-terrace house needing improvement in Purfleet-on-Thames before it was sold.
Three-bedroom 51 Joslin Road offered jointly with Northwood, finally went under the gavel at £353,000.
Regional Director & Auctioneer Paul Bridgeman said: “This one really took off and sustained bidding took the sale price to £113,000 above the
The hammer falls, the room (virtual or real) erupts in a brief flurry of activity, and just like that, you've won! Buying property at auction is undeniably exciting. Whether you've snagged a potential bargain, a unique renovation project, or a solid investment property listed through a comprehensive directory likeUK Auction List, the immediate feeling is often one of triumph. Understandingwhat UK Auction List offers members, such as access to nationwide listings and auctioneer details, provides a helpful starting point for leveraging such platforms effectively.
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The buzz of a property auction room, whether virtual or physical, is undeniable. It’s a place where dreams of nabbing a bargain, finding a unique renovation project, or securing a solid investment can become reality in the drop of a gavel. Properties listed on platforms likeUK Auction List, which serves as a comprehensive directory for auction properties across the nation, often present exciting opportunities, perhaps even below typical market rates. But alongside the potential rewards, the auction world demands sharp eyes and thorough preparation, especially regarding the legal nuances
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