There’s nothing quite like the thrill of a property auction – the excitement and anticipation during the auction, the rapid-fire bids and the satisfaction of seeing the seconds tick down to a winning bid. At Curchods, we’ve seen first-hand how powerful property auctions can be in delivering fast, secure sales and achieving outstanding results for our clients.
In recent months, we’ve helped a number of sellers successfully take their properties to auction. Some of these properties have exceeded expectations in terms of price and speed of sale. Whether it’s a unique fixer-upper, a probate property or simply a home that needed broad exposure to motivated buyers, these auction stories show just how effective the process can be. Here are five standout success stories that prove when it comes to selling at auction, the results really can be game-changing.
Station Road, West Byfleet
173 Bids – 74.4% Above Guide Price
Having received 173 bids, this vacant 2 bedroom detached bungalow in West Byfleet achieved 74.4% above the Guide Price of £230,000.
Wanborough, Guildford
159 Bids – 44.9% Above Guide Price
This 3 bedroom Grade II listed 17th-century semi detached property in Wanborough received 159 bids when it went to auction, with the hammer going down 44.9% above the guide price of £350,000.
Kings Road, New Haw
112 Bids – 46.9% Above Guide Price
This vacant 4 bedroom semi-detached property required renovation and refurbishment, making it an ideal candidate for property auction. With a guide price of £275,000, this property attracted plenty of interest, with 112 bids placed in total, eventually achieving 46.9% above the guide price.
Warwick Road, Hampton Wick
165 Bids – 31.1% Above Guide Price
When this 3 bedroom terraced house in Hampton Wick came to the market it required renovation and modernisation. It had also historically been configured as two apartments, so presented potential purchasers with the perfect renovation project with the possibility of conversion into multiple properties. Another prime candidate for the auction house! The property received 165 bids at auction, achieving 31.1% above guide price.
Belvedere Grove, London
242 Bids – 39.3% Above Guide Price
When this property came to the market for the first time in 63 years it required modernisation throughout and required a buyer with the vision to undertake a project to a bespoke family home. Another candidate for a property auction. When it went to auction this property received a whopping 242 bids with the auction coming to a close 39.3% above the guide price.
If you’re curious about how selling at auction could work for your property, get in touch with your local Curchods office or visit our Property Auction Service page. We’ll arrange a free valuation and help you decide whether auction is the right path for you.
