Hunters Auctions held an event at York Racecourse on August 2nd.
Hunters Auctions hold events monthly and this popular method of sale provides both the seller and the buyer with a secure and legally binding sale.
The Auction Department had some interesting lots available, with the successful sales all at excellent prices compared with the guide price.
First to be offered was 2 Queen Anne’s Road. This fantastic example of a pre-war property had lots of original features and is situated close to the prestigious St Olaves’s and St Peter’s schools.
Just a short walk via the beautiful Museum Gardens into the town centre, this property had a good response to marketing. Offered with a guide price of £250,000, we hoped to achieve a little more. The owner was very pleased when the gavel dropped at £303,000.
However the crowds were mainly in attendance to bid on two particular properties. A one bedroomed flat in Gillygate, York with a guide price of £50,000 to £60,000 and a four bedroomed townhouse on Lawrence Street, York offered at £120,000 to £140,000.
The flat in Gillygate had several open viewings, bringing in around 20 people each time. We expected the result to go higher than the guide price but a final sale price of £96,000 was still unexpected but excellent.
The star property of the night however was most definitely 147 Lawrence Street. This property had been occupied in the basement part of the building, but the upper floors had succumbed to a pigeon infestation over the last decade. Once the property had been cleared, over 150 people attended the open viewings.
At a guide price of £120,000 to £140,000, a result anywhere above the guide would have been a bonus. After a period of numerous hands in the air frantically bidding, the final sale price settled on a whopping £270,000. An amazing result for the owner.
Hunters are now taking entries for their next live Auctions on September 20th and October 25th.
We also offer a sale by the Modern Method with their Online Auctions. Hunters Auctions offer free appraisals with no obligation to proceed, so if you are looking for advice, we are here to assist.
Tel: 01904 756116
*Article featured in the York Press