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An excellent Online Auction result for exciting coastal project

An excellent Online Auction result for exciting coastal project

Stags Kingsbridge office launched Sea Horses, in the beautiful village of Hope Cove, to the market on the 24th August.  A detached hillside renovation project, Sea Horses benefits from large gardens and spectacular waterside views reaching far over the bay. This blank canvas certainly captured peoples’ imaginations.

Through effective marketing and managing numerous enquiries, the office carried out over 30 viewings and arranged three surveys before the auction end date of September 27th.  The team busied themselves on the morning of the auction with reminder telephone calls and emails, and were delighted that so many potential purchasers had registered to bid through the online platform Bamboo Auctions. 

As the final hour of the auction approached, the countdown really began. The tension and excitement built as the team watched with eager anticipation for what the five o’clock deadline would bring; it most definitely did not disappoint. After a flurry of bids during the last few minutes, the auction ended with a great success. The property was listed with a guide price of £875,000, but, after 30 bids, successfully sold for £1,023,000, resulting in a happy buyer and sellers, and a cheerful Stags team.

The online auction platform has really changed how this way of selling is perceived and has become a very popular way to not only ensure the best price is achieved, but also for those wanting more certainty of timeframes to complete.  If you have a hidden gem, an unusual property or feel that you would like more certainty in an ever-changing market contact your local Stags office today.