Auction Success

Strong bidding at the Underwoods May Auction Sale saw healthy prices achieved for building plots in the Wellingborough area. A rarely available building plot in the village of Hardwick was knocked down to a local purchaser for a price of almost 20% above the guide price.

Commenting on the results, Auctioneer Andrew Boulter said “there is a scarcity of land and building plots ripe for residential development. It was good to see a crowded auction room and a strong level of interest reflecting the vibrancy of the residential property market at this time”.

Property auctions are becoming increasingly popular both with sellers and buyers. They provide certainty and transparency. Buyers know that as soon as the gavel falls they have a contract to purchase the property with a set completion period. Sellers know that the property is fully exposed to the market with competing interest coming together in the auction room. Underwoods are taking lots for their summer auction and can be contacted on 01604 404060.

 

Andrew Boulter

01604 774149

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Auction Success

Strong bidding at the Underwoods May Auction Sale saw healthy prices achieved for building plots in the Wellingborough area. A rarely available building plot in the village of Hardwick was knocked down to a local purchaser for a price of almost 20% above the guide price. Commenting on the results, Auctioneer Andrew Boulter said “there […]