Cornwall Auction Results: Homes, Commercial Properties and Land Find Buyers
A varied selection of properties and land across Cornwall attracted buyers at Clive Emson Auctioneers’ November property auction, with a village cottage near Launceston selling for £150,000 and nine town-centre parking spaces in St Austell achieving £48,000. The sale also saw Fountain House, a two-storey commercial property in St Austell, sell for £90,000, while Penzance Old Fire Station attracted a successful bid of £25,000. A small parcel of land in Saltash, instructed for sale by Cornwall Council, also found a buyer for £250.
Cottage is in demand
A detached cottage on the edge of a village near Launceston fetched a freehold sale price of £150,000 at auction.
The three-bedroom house at Penscombe Cross, Lezant, was among 174 lots listed in England by Clive Emson Auctioneers, with the November online auction concluding on 5 November.
Auction Appraiser James Lofthouse said: “The new owner has acquired a house with plenty of potential.
“While in need of improvement and renovation, it benefits from off-road parking and numerous outbuildings and is located in a peaceful edge-of-village setting where it adjoins open countryside with great views.
“The new owner may wish to occupy the property themselves, use it for lettings or place it back on the market following works.”
The property was auctioned in arrangement with View Property.
Also at the auction, Highfield Park play area, Latchbrook, Saltash, sold freehold for £250.
Cornwall Council instructed the sale of the parcel of land, measuring about 0.016 hectares (0.04 acres).
Clive Emson Auctioneers’ next online auction, the last of eight this year, concludes from 11am on 15 December, with bidding live from 13 December.
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Parking spaces drive bids
A row of nine car parking spaces in St Austell town centre drew strong bids before selling for £48,000.
The spaces on Grants Walk went for nearly £20,000 above their freehold guide of £30,000 plus.
Auction Appraiser James Lofthouse said: “Car parking spaces and lock-up garages tend do well at auction, whether for personal use or for investment.
“These spaces in St Austell were no exception and attracted keen bidding with the final sale price comfortably exceeding the guide.
“Historically, the spaces have been rented on licences at £400 per annum so the new owner has the opportunity to gain a rental income from their purchase or they may have another scheme in mind, subject to the necessary consents.”
The parking spaces were auctioned jointly with Alder King Property Consultants.
Also in St Austell town centre, Fountain House at 1 Eastbourne Road, sold for a freehold price of £90,000. It had a guide of £60,000 plus.
It is a two-storey commercial property with three rooms, a kitchen, two WCs and a rear garden.
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Old Fire Station goes under hammer
A detached commercial property in Penzance town centre has sold for £25,000 at auction.
Penzance Old Fire Station, a single-storey building in Guildhall Road, sold for £10,000 above its freehold guide of £15,000 plus.
With a floor area of 29 sq m, it was most recently used as an office.
Clive Emson Auctioneers’ next online auction, the last of eight this year, concludes from 11am on 15 December, with bidding live from 13 December.
Entries for lots close on 23 November, with the catalogue live from 26 November.
If you have a property in Cornwall or Devon that you would like to sell before Christmas or in the New Year, get in touch for a free, no obligation auction appraisal.