All lots offered to the room comfortably exceeded their guide prices, again emphasising the benefit of a sale by auction for the right properties.
Of the lots on offer, the first was 11.27 acres of land and traditional barn at Sir William Hill, Grindleford. This achieved £186,000, outstripping all expectations. The second lot, Owl Cottage, a one bedroom semi-detached cottage in Youlgrave realised a sum of £160,000.
Spital Buildings at Castleton was the next lot, and comprised a range of traditional buildings lying within 2.26 acres. This lot reached £360,000 at the fall of the hammer.
Park House Farm, Lower Pilsley was the final lot, a highly sought-after property that included a farmhouse, range of buildings all set within 16 acres. The hammer fell at £540,000.
Greenside Farm, Hollinsclough, a substantial and attractive hill farm had a pre-auction offer that was accepted, meaning that it couldn’t be brought onto the market. The building plot at Starth Lane was also sold prior to auction.
Once again we have seen that for the right properties, public auction offers an effective way of maximising values, together with a clean and defined sales process.
For independent, confidential advice upon the sale of your property, please contact the Bagshaws team here at Bakewell.