A Red Hot Auction in Sherborne

Despite being held on one of the hottest days of the year, Symonds & Sampson’s July auction drew a large crowd and a record number of telephone bids contributed to a very successful sale.

A Red Hot Auction in Sherborne

Auctioneer Mark Lewis said “We had telephone bidders in Barcelona, Biarritz and Barbados bidding against people who had travelled from as far as Leicestershire.  This created a lively atmosphere and with strong bidding for the 27 lots situated across Hampshire, Somerset, Dorset and Devon, with some reaching prices well ahead of expectations’.

Notable Sale Results:

Properties for Renovation and Improvement

A flat in Wincanton for improvement £57,000 (46% above guide), 6 garages at Chaldon Herring sold for £21,000, The Crown Inn Stalbridge £125,000 and Brooklands Farm Sparkford £385,000.

Development Opportunities

Car parking in Frome with possible development potential £102,000; a potential development site in Ringwood £265,000 (32% above guide), A house in Stoford, Yeovil with potential to rebuild £250,000 and a site for redevelopment in Weymouth £72,500.

Commercial Property

An office building in Dorchester £268,000 (19% above guide)

Residential Property

Maltings House Milton Abbas sold for £550,000.

Agricultural Land remains very popular and we had lots all over Dorset and into Devon.

Land at Portland £10,000 acre; Maiden Newton £7,600 acre; Leigh Sherborne averaged £9,323 acre.

Three small lots of land reached outstanding prices however;

1.89 acres at sturminster Newton sold for £22,000,

1.62 acres at Honiton £50,000 and

1.56 acres at Osmington Weymouth £74,000.

Symonds & Sampson’s next auction will be on 21 September, and there are three auctions in October covering Hampshire, Devon, Wiltshire, Somerset and Dorset.

Entries invited to Mark Lewis 01258 474266.

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