Kivells collective property auction tops £1.5 million

13th February 2020
An auction room full of bidders

A record attendance in the auction room

Kivells Director Simon Alford conducts proceedings

Kivells Director Simon Alford conducts proceedings

Kivells Beth Cribb and Amanda Holt registering bidders

Kivells Beth Cribb and Amanda Holt registering bidders

Kivells kicked off the year of property auctions in impressive style with a record attendance in Launceston this month.

The February Collective Property Auction, the first of 6 collective auctions in 2020, was attended by over 200 people. Eager bidders purchased 11 of the 13 lots available with total sales coming in at over £1.5 million for the night. There was huge interest in the properties on the build up to the auction with bespoke marketing plans in place to maximise exposure.

There was a diverse selection of properties available including farms, land, commercial property and residential dwellings including detached property, bungalows and terraced houses.

The Old Coach House, a rare commercial opportunity in Bude, sold for 42% over its guide. Detached 2 bedroom bungalow Golan in Chilsworthy, sold for 40% over its guide and 24 Trebarwith Road, a 3 bedroom semi-detached property in Delabole, sold for 35% above its guide.

Kivells Area Manager, Sam Turner MNAEA, was thrilled with the performance, “Our collective property auctions have been a huge success over the last few years, and continue to go from strength-to-strength. We are delighted to have achieved some great outcomes for our clients. Our experienced staff were on hand to assist all evening and I am very proud of the fantastic team effort on such a successful evening.”

The next collective property auction will take place on Wednesday 1st April, with a number of lots already secured. Trenant Cross Cottage is being marketed by Kivells Liskeard, an imposing 3 bedroom detached property on the outskirts of Duloe with an auction guide price of £200,000. Also available is the Land at Trematon, approximately 2.12 acres of amenity land and woodland near Saltash selling off a guide of £20,000.

To sell your property at a future Kivells auction, or to stay up to date with the latest auction properties, contact your local Kivells team today. Think property auctions, think Kivells.

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