Telephone Bidder in Australia Wins at Auction
Symonds & Sampson’s March auction was another great success with 15 lots under the hammer and some stunning results, raising £2.8 million for their clients.
Auctioneer Mark Lewis said, “We had an excellent mixture of commercial property, properties for improvement, building plots, and agricultural land and, even though the government’s spring statement the day before was gloomy, spirits were raised in the room with 90% of lots sold.”
Auction partner Meredith Wallis added “We had lots in Dorset, Somerset, Devon, and Cornwall, and these attracted bidders from these counties, but we also had terrific interest from London investors and there were telephone bidders from Spain and Australia.
“The strong trade bodes well for our May auction and the summer dates in June and July.” Amongst the most notable prices achieved were:
- Land in South Somerset selling for £18,500 p/acre - 80% above the guide price
- Building plots in Dorset and Somerset selling for 10% and and 33% above guide price, respectively
- Commercial units in Hayle, Dorchester, and Bournemouth selling for 20%, 17%, and 8% above their guide price
- A cottage in North Dorset sold at 37% above guide
- A house in Beaminster sold at 12% above guide
Find the full results here.