SOLD SUCCESSFULLY - 11 WOODHOUSE GROVE, YORK
Hunters monthly Property Auction was held at York Racecourse on Wednesday 25th May.
The final entry was the most popular lot with bidders. This two bedroomed semi-detached house on Woodhouse Grove, which required considerable renovation, stimulated a great interest. The property required some new windows, central heating, kitchen, bathroom and decoration throughout.
However, over 100 people waited for the lot to be offered and bidding was furious. The property auction guide was &90-&100,000. The winning bid was &141,000. Both the vendor and the buyer were very pleased with the result.
The auctioneer stated later that properties in need of refurbishment always sell better in auction than on the open market. Bringing so many people into the room to bid against each other always achieves a good result. The property exchanged contracts there and then with completion scheduled 28 days later.
Hunters next Property Auction will be at York Racecourse on the 29th June.