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01 November 2013

Auction success continues

Pughs continued their auction success with 100% sold at their October Property Auction.

The first lot up for sale was 0.9 acres of amenity land with planning potential at Hope-under-Dinmore which had a guide price of 10,000 - 20,000. Bidding was strong and went straight in at 10,000 and continually rose in increments until it sold for a staggering 40,500 which pleased the owner greatly.

Lot 2 was a building project for a three bedroom detached house in Leddington. This was guided at 100,000 - 120,000. Bidding was again strong and it finally sold for 125,000 which exceeded expectations.

Pughs have one more property auction in 2013 with a two bedroom detached cottage with 1.3 acres of land being offered on 3rd December at The Feathers Hotel, Ledbury, commencing 6.30pm.

2014 Is already looking busy with a number of properties lined up to take to auction. If you have a property which may suit auction please contact the auctioneer, James Pugh, on 01531 631122.

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