The Assembly Rooms in Bath played host to our June sale - not as many spectators this time - but plenty of buyers, with many Lots having multiple bids. The evening started behind schedule due to traffic problems getting off the M4, however thankfully this did not affect the positivity of the bidders in the room who also seemed unconcerned about the referendum happening the same evening. Our auctioneer Charlie was certainly kept busy with the renovation properties selling very well with many selling well in excess of expectations, though the residential investments were a little tougher but still sold. Where we did see a difference was in the commercial market with all lots failing to achieve reserves, with the subsequent ‘Leave’ vote we are unsure if this will improve in the short term.
Without any doubt, our star lot of the evening was this 2 Bedroom semi-detached bungalow in need of modernisation with fire damage to the rear. Good sized rear garden and parking. The guide price was £150,000+, with the property actually achieving £224,000 with 5 people all after it.
Click here to read Star Lot - 9 Weatherley Avenue.