Houses, cottages and bungalows across Essex have been sold at auction this week
They were among 166 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers, which ended on Thursday 12 June.
----
A roomy detached house needing improvement in a residential area of Billericay, four-bedroom Bali Hai in Crays Hill was offered jointly with Hilbery Chaplin and went under the auctioneer’s gavel at £401,000.
Auction Appraiser Paul Wood said: “We had strong interest in this deceptively spacious four-bedroom detached house is ideally situated in a residential area of Crays Hill, Billericay.
“This translated into competitive bidding and with 63 bids logged, the sale price rose to more than £75,000 above the freehold guide.
“We considered that it would make an impressive home for owner-occupation or could be let to generate a good income once works have been carried out.”
A detached cottage with potential but needing complete modernisation, in a village setting near Chelmsford – Tokleys Cottage in Breeds Road, Great Waltham was sold for £280,000 freehold.
Regional Director & Auctioneer Paul Bridgeman said: “Our bidders could see the potential in this cottage, arranged over two levels and with some characterful features, despite it requiring extensive work.
“We considered it would make an excellent home of owner-occupation or could be let to provide a good income once works have been carried out.
“Alternatively there may be the potential to redevelop the site within a more modern structure to take advantage of the views, subject to all necessary consents being obtainable.”
----
A vacant mid-terrace cottage needing improvement in an Essex village setting near Brentwood, 275 Roman Road, Mountnessing, was sold for £288,000 freehold.
The property is situated on the village’s Roman Road (B1002), roughly equidistant between Ingatestone and Shenfield.
Regional Director & Auctioneer Paul Bridgeman said: “Although this cottage is in need of some improvement, our bidders recognised its potential, especially with an extra parcel of land at the back of the garden.
“We considered that once work was carried out it would make an excellent family home or could be let out to provide a good income – and our purchaser agreed.”
----
In Brentwood, a mid-terrace house needing improvement was also sold at the auction. Three-bedroom 27 North Road Avenue went for £297,000 freehold after competitive bidding.
Located just off North Road, the property enjoys convenient access to the wide range of amenities in Brentwood town centre, as well as excellent transport links, including Brentwood Station (Elizabeth Line).
Director & Auctioneer Kevin Gilbert said: “Although this terraced house is in need of modernisation and improvement, our bidders recognised its potential, leading to a great result for both vendor and purchaser.”
----
An end-terrace house with parking in Colchester was sold. Offered jointly with Gallant Richardson with a leasehold guide price of £175,000 to £180,000, two-bedroom 12 Barrington Road was sold prior to the auction which ended on Thursday 12 June.
The Victorian house has two reception rooms, garden to rear, gas heating system via radiators, double glazed windows and off street parking.
----
Also in Colchester two-bedroom 31 New Park Street was offered with a freehold guide price of £140,000-plus with vacant possession, before also selling prior to the auction.
The vacant terrace house is situated within close proximity of the city centre, shopping, recreational facilities, bars, restaurants and railway stations in Colchester and Hythe, both connecting to London (Liverpool Street).
Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.
The next auction, the fifth of eight this year, goes live on Tuesday 22 July and concludes on Thursday 24 July. Closing date for entries is Monday 30 June and the catalogue is available from Thursday 3 July.
See https://www.cliveemson.co.uk/ for more details.
To request a free, no obligation auction valuation of your property or land, simply fill in a few details in our form, and a member of the auction team will be in touch.