The Brown&Co Summer property auction took place on Thursday 22nd June at The Assembly Rooms in Norwich.
In a packed auction room, there was plenty of bidding and garages, cottages, properties in need of renovation, land and larger properties all sold very well. Fifteen of the 16 lots were sold at auction, with the other lot selling immediately afterwards and in many cases the results were well in excess of the guide prices and reserves set. There were many highlights and the wide variety of property in all price ranges demonstrates activity across the board and that despite difficulties in the country, the market is buoyant in the region with plenty of demand from buyers. A key highlight of the sale was a four bedroom house in Stratford Crescent, Cringleford which sold for £100,000 over the reserve and amenity land with potential in Newton St Faith also exceeded expectations.
“We now look forward to our autumn sale with a spring in our step and as always, hope to be able to help colleagues with any suitable properties” said auctioneer Peter Hornor from the Norwich office. “Do please contact either myself or Trevor Blythe or anyone in the Norwich office if you want to know more about how auctions can work for you”, he added.
The next auction will be held at The Assembly Rooms in Norwich on Thursday 28th September 2017.
