Over £5.6m Sold In Our September Online Property Auction


Written by: Paul Thompson on 10th September 2020

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Over £5.6m Sold In Our September Online Property Auction

Our fifth property auction since lockdown took place this week, filled with a wide range of exciting and unique lots, competitive bidding and fantastic results.

The September catalogue was viewed online over 75,000 times and we had a record number of registered bidders - resulting in 800 total bids across the two days. As a result, we sold over 72% of the lots offered and helped our clients and joint agents achieve sales of over £5.6Million.

Properties going under the hammer in this month’s auction included the Trafford Park Hotel in Manchester, which sold for £825,000 on a guide price of £750,000. The iconic grade‐II listed former hotel was built in 1902 and has been disused since its closure in 2009.

Six Rossendale woodland sites were also sold on behalf of Lancashire County Council. With a combined area of 35 acres, the plots were bought for a total of £137,000.

Pugh managing director Paul Thompson said: “There is a real momentum behind our auctions that continues to build as buyers look to land and property as reliable investments in uncertain times.

“Our local authority clients are also seeing swift and profitable return on assets, with many councils opting for auctions as the trusted go‐to method of disposal.”

We are delighted to have now sold over 170 lots totalling over £16 Million for our clients using our online auction platform since lockdown started.

Scroll below to see some of the standout September auction sales or click here to see the full list of results.


Lot 5 - The Cutsworth Centre, Doncaster


  • Former school premises with potential for redevelopment
  • Sold on behalf of Doncaster Council

Guide Price: £150,000   Sold For: £629,000

 


Lot 6 - Land off Arksey Lane, Doncaster


  • Regular shaped piece of land with development potential
  • Sold on behalf of Doncaster Council

Guide Price: £50,000   Sold For: £275,000

 


Lot 21 - Trafford Park Hotel


 

Trafford Park Hotel sold for £825,000

  • Imposing and substantial former hotel constructed in the early 1900's
  • Sold on behalf of a private client

Guide Price: £750,000   Sold For: £825,000

 


Lot 36 - 19 Clarendon Street, Keighley


 

  • Traditional back to back vacant end terrace with period features
  • Sold on behalf of a private client

Guide Price: £65,000   Sold For: £102,000

 


Lot 7 - Land at Rawdon Road, Leicestershire


  • Surplus freehold land forming part of the Rawdon Business Park
  • Sold on behalf of Homes England

Guide Price: Nil Reserve  Sold For: £101


Lot 3 - 170 Water Street, Accrington


170 Water Street, Accrington sold for £60,000

  • Vacant three bedroom mid-terrace property 
  • Sold on behalf of Your Housing Group

Guide Price: £46,000   Sold For: £60,000

 

Our continual online auction success is proof that now is a great time to sell. We are now accepting instructions for our October auction and can offer FREE expert advice on the sale of both property and land. So, if you are looking to sell contact us today on 0345 505 1200 or follow this link for a FREE auction appraisal.



Written by: Paul Thompson on 10th September 2020

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About the Author

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA). He is also one of the few auctioneers in the country with a position on the RICS Real Estate Auction Committee.

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