April auction roundup - our best buys from the day!
Published: 7th May 2021
Our April auction was a huge success - with over 150 registered bidders raising over £1.1M in property sales!
Last month, the team at Regional Property Auctioneers hosted our second online auction of 2021, with over 150 registered bidders in attendance online.
We’ve been able to reach bidders and buyers far and wide since moving to a fully-online platform last year, significantly increasing the number of our sellable lots across the UK.
Although most of the properties from the day were sold unseen, as many were tenanted and viewings limited as a result, our auction was a huge success! The team were able to sell a range of different properties in a number of locations including South Yorkshire, Stoke-on-Trent, Hull and Hartlepool.
Our director & head auctioneer, James Vandenbrook, said:
“There was a real buzz during our April auction, with plenty of last minute bidding throughout the day - very much feeling like we were in a physical auction room.
“We achieved some fantastic sales results for a number of our lots, with many bidders and buyers coming away from the online event very happy!
“It’s brilliant that both our auctions in 2021 have been so successful, and I hope the auctions throughout the rest of this year will prove just as popular.
"The fact that so many properties sold totally unseen and un-viewed shows how strong the market is right now, not only selling, but selling way in excess of the guide price and reserves – it really is a sellers market!’’
Here are some of our top sales picks from auction day:
Six self contained flats in Doncaster, South Yorkshire
With an initial guide price of £275,000+, this substantial residential investment in the heart of Doncaster sold on auction day for £294,000.
The attractive, period home has been converted into six self contained flats, all of which are currently let, producing £21,010 per annum.
The property's extensive grounds provides ample parking as well as an extensive block of garages which would be suitable for further development (subject to planning permission) - making this a fantastic future investment for it’s new buyers.
Three-bedroom terrace on West End Avenue, Doncaster
Ideal for a first time buyer, this three-bed terrace property located in the suburb of Bentley in Doncaster, was originally on offer for £49,000+, but sold for £70,000 to it’s lucky bidder.
With two reception rooms, gas central heating and double glazing, this house would make a great first home or rental opportunity for it’s new owners, having previously been let at £425pcm.
Terraced properties across Stoke-on-Trent
These three separate terrace homes located throughout the ‘pottery’ city of Stoke-on-Trent were originally priced at £57,000, £53,000 and £55,000, and are all subject to let at £4,788 per annum - offering plenty of opportunities to their new buyers!
On auction day, all three of these lot’s sold over their guide prices, achieving £62,000, £62,000 and £63,000 respectively - truly fantastic results for both our sellers and buyers.