This new online auction approach is working well for Brown&Co and this, our third sale, confirms that there is strength in the market throughout the price ranges and some outstanding results were achieved.
We were pleased with the sale of land at Burgh near Aylsham and in Hethersett, in particular a dilapidated cottage in Scottow sold for some £40,000 in excess of the reserve, confirming that there is a great demand for unusual properties in need of renovation.
In Norwich, a semi-detached bungalow in need of renovation in Sprowston sold for some £20,000 in excess of the reserve and investment properties in Camberley Road, off Newmarket Road and Dereham Road sold well.
A detached property with land close to Wisbech in Cambridgeshire, being offered by the King’s Lynn office in conjunction with Norwich, sold in excess of the reserve and we were pleased to have agreed the sale of a larger property in Beccles on the Norfolk/Suffolk border as well.
Auctions do not suit all situations or properties; however there are a number of distinct advantages to putting land or property under the hammer and a clear and transparent sales process is one of the main reasons why the process works so well, particularly for Trustees, Charities, Institutions or Executors.
The next auction will be held on 9th December and the firm is already putting together a number of lots for what we hope will be a good finish to the year – and what a year it has been!
Click here to see the full results.