Published: 24/04/2023 By Mark Lewis
Land and property in Dorset, Somerset, Wiltshire, Devon and Cornwall went under the hammer at our property auction in Sherborne yesterday. Auctioneer Mark Lewis has the details.Auctioneer Mark Lewis was encouraged to see demand for land and property stemming from all parts of the South of England. “We were selling various parcels of land in Somerset which drew the crowds. Local farmers were bidding against buyers from further afield who were buying for tax purposes. There were also houses for renovation and redevelopment opportunities throughout the region”.
20.22 acres at North Cheriton sold for over £16,000 per acre
Auction manager Meredith Holmes added “It was very good to see buy to let landlords return to the room. They were specifically looking for properties with good EPC ratings so that minimal work is required to achieve acceptable standards and start generating a healthy return”.
A 2-bedroom freehold apartment for modernisation in Bournemouth sold for £200,000
The ' scoop’ of the day however was the sale of an ice cream kiosk on the seafront at Lyme Regis (main image). Guided at £250,000, competitive bidding quickly pushed to price past £500,000 with the gavel falling eventually at £515,000. “The price of ice creams in the town may have to go up!”
Visit the auction section of our website to find all the results and details of properties in our next auction on 25 May in Sherborne. To discuss selling or buying property at auction, contact our auction team, details below:
