AUCTION STATIONS: Former school sells for £1.3m after 217 bids

A former school on a one-acre site in Dartford, Kent, has been sold at auction by Clive Emson Auctioneers for nearly £1.3 million in a bidding war at the May sale.

former school sells at clive emson auction

Attracting 217 bids, the High Road located Rosemary Centre (lot 5) fetched more than double the guide price of £500,000 in the firm’s May auction.

James Emson, Managing Director, said: “There was incredible interest from bidders, attracted by the residential development potential, with the final bid at £1,274,000.

 

 

“My colleagues and I look forward to our June auction, which will be the 250th auction since the independent auctioneering facility was established by my father Clive Emson in Kent in 1989.”

A total of 149 lots were listed across southern England by the regional land and property auctioneers in the May auction, raising more than £19m for sellers.

Also going under the hammer was a barn at Eynsford, near Dartford, with planning permission for conversion into two residences and fetching £779,000 (lot 21).

A substantial detached house at 27 Blackheath, near Colchester city centre, Essex, went for £325,500, which was £50,000 above guide price (lot 96).

Twenty-four residential garages in Epsom, Surrey, along with an access driveway, sold for £222,000 (lot 111), while 13 residential garages in Andover, Hampshire, were acquired for £78,000.

In Epsom, three adjoining homes needing refurbishment, with the 24 garages behind, sold separately for £328,000, £311,000 and £311,000 (lots 14, 52 and 80 respectively).

Rectory Mansion, arranged as business and retail units in Brading, Isle of Wight, fetched £185,000; currently let at £27,126 per annum, the gross yield is 14.6% (lot 45). [Pic attached]

Nestling above the fishing port of Newlyn, near Penzance, south-west Cornwall, the former office to Penlee Quarry, with sweeping views of Mount Bay, fetched £456,000, double the guide price, attracting 56 bids (lot 139)

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