100% success rate at Symonds & Sampson auction

Symonds & Sampson’s second property auction since the Covid -19 pandemic was another resounding success as lots in Dorset and Devon went under the hammer.

100% success rate at Symonds & Sampson auction

Residential Partner Steve Allen, based in Bridport, said “When we initially launched this auction, buyers were allowed to view properties, but since the lockdown interested parties had to rely on photographs and our descriptions and were therefore effectively bidding blind. This did not deter interest however, and the results were outstanding with 54 registered bidders from 12 counties and lively interest throughout the auction".

Notable prices were:

  • Bundels, Musbury Axminster: A charming 3-bedroom detached cottage in a sought-after village sold for £241,000, 7% above guide.
  • Montyike, Chideock, Bridport: A Grade II Listed 4-bedroom end of terraced cottage in need of complete refurbishment sold, after 55 bids, for £199.000, 60% above guide.
  • The Old Mill, Honiton, Devon: An historic Grade II Listed mill with attached cottage needing full renovation and restoration sold for £90,000.

The star of the show was an attached derelict cottage in the centre of Lyme Regis (pictured), with a Guide of £60,000.  The fact that the property was unsafe and therefore could not be viewed internally did not deter potential purchasers - the hammer fell after 97 bids at £203,000, a staggering 190% above guide.

Symonds & Sampson’s next collective property auction is on 24 April 2020, where a range of development, commercial, residential and agricultural lots come under the hammer.  We are taking entries for our sales in May and June, find full details here or contact Mark Lewis on 01258 474266 to discuss whether this proven method of sale may be suitable for your property. 

 

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