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Online property auction success continues

Thu 1 April 2021

Stags are delighted to report on further successes selling property through their on line auction platform maintaining the 100 % success rate since sales commenced in 2020.

Most recently a mixed use residential and commercial property in Dartmouth sold for £377,000 just over reserve. Quickly followed by Trixies Barn, Nr Chulmleigh, a barn with detailed planning consent, which attracted a vast amount of interest. With over 6,500 views online, 37 bids including 7 parties battling it out, culminating in a final price of £291,000 on a guide of £200,000.

Just listed, with end dates in April and early May, are South Mill House, Stockland near Honiton a substantial listed Mill for renovation with a range of barns in over 4 acres guided at £500,000. Kindle cottage in Stokeinteignhead, South Devon, which is split in 2 lots, with the main cottage being Lot 1 - a character Grade II Listed cottage requiring modernisation guided at £325,000, and Lot 2 - land and Stables guided at £100,000. Land at Newland Cross, North Tawton a modern farm building and 1.8 acres with a guide of £75,000, and lastly 7 Eton Road, St Austell a 5 bedroom detached for updating and remodelling, guided at £200,000 - £220,000.

Andrew Luxton MRICS, Partner reiterates that the on line auction platform is going from strength to strength and is attracting a good variety of lots from across the West Country. As our offices and valuers become more confident in the process and the benefits brought to both buyers and sellers, in what is a very competitive market, the levels of lots coming to the market will increase. There are a number already in the pipeline and it is recommended to keep an eye on the dedicated Online Property Auction pages of our website at stags.co.uk or contact anyone of our offices for further information and advice.

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