The latest All Wales Auction, which took place on the 4th December in Cardiff, saw 100% of lots entered to the auction selling, including several residential properties from across South and West Wales and a plot of land in Pontypridd.
The auction was well attended with people contending for the winning bid, resulting in most of the properties selling for well over their guide price.
One of the most successful lots was a three bedroom semi-detached property in Newport guided at £90,000 requiring some modernisation. This property raised great interest with bidding fast and furious on the auction night, resulting in the property selling for £118,000, delighting the seller. Further success was achieved during the auction where a terraced property in the valleys which more than doubled the guide price.
Developed by estate agency Peter Alan in partnership with North Wales based estate agent Williams and Goodwin, All Wales Auction is designed to offer an alternative platform for buyers and sellers who may not want to go down the traditional selling route of private treaty. Auction is a fantastic option for those with unusual or un-mortgageable properties; those who may require a quick sale; or those with properties that require complete renovation.
Diane Fairchild, Auction Manager, commented, “I am thrilled with the success of our December auction, it was very well attended with great prices being gained for the sellers. With our combination of intense property marketing and our award winning, highly experienced auctioneer Melfyn Williams, we believe that the best possible price is always achieved. We are currently inviting entries to our February auction and we are aiming for this to be just as successful.”
For more information about All Wales Auction, contact 0800 905 905 or email southwales@allwalesauction.com
